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  • Economics (CLAS)

    Economics teaches students how to look at a complex world and make sense of the wide variety of behaviors they observe. Students majoring in economics will learn the analytical skills used to understand how households, firms and governments make economic decisions, comparing costs and benefits in an effort to maximize their objectives.

    About This Major


    Students will learn the critical skills used to determine the implications of economic decisions for the allocation of society's scarce resources, the pricing of goods and services, the distribution of income, the behavior of macroeconomic variables and the effect of government intervention.

    Classes within the economics major range from international trade, labor economics, law and economics, economics of sports, game theory, public choice and more. The analytical skills students develop are useful preparation for careers in business, government, public policy or academia. A degree in economics is also appropriate for students intending to pursue advanced degrees in the social sciences and in professional schools of management, law or public administration.

    Coursework for the Major

    Students must achieve minimum grades of C in each required preprofessional and economics course, including the economics electives and outside substitutes.

    Required Coursework

    Course prerequisites are strictly enforced; a current listing is available each term in 233 Bryan Hall.

    • MAC 2233 Survey of Calculus or
      MAC 2311 Analytic Geometry and Calculus 1
    • STA 2023 Introduction to Statistics 1
    • ECO 2013 Principles of Macroeconomics
      ECO 2023 Principles of Microeconomics
      ECO 3101 Intermediate Microeconomics * and
      ECO 3203 Intermediate Macroeconomics
      * Complete ECO 3101 soon because it is a prerequisite for some economics electives.
    • Four economics electives from
      ECO 3532 Public Choice
      ECO 3704 International Trade
      ECO 3713 International Macroeconomics
      ​ECO 4213 Monetary Economics
      ECO 4400 Game Theory and Applications
      ECO 4504 Public Economics
      ECO 4730 The Firm in the Global Economy
      ECO 4934 Special Topics
      ECO 4935 Empirical Research in Economics Seminar
      ECP 3006 Economics of Sports
      ECP 3113 Population Economics
      ECP 3203 Labor Economics
      ECP 3302 Environmental Economics and Research Policy
      ECP 3409 Global Telecommunications Strategy
      ECP 3510 Economics of Education
      ECP 3530 Health Care Economics
      ECP 4213 Public Utility Economics: International Infrastructure
      ECP 4330 Economics of Innovation, Science and Technical Change
      ECP 4403 Government Regulation of Business
      ECP 4451 Law and Economics
      ECS 3403 Economic Development of Latin America
      ECS 4013 Economic Development
    • Students may substitute an approved course taught outside the department for one economics elective. Approved outside substitutes include:
      AEB 3450 Introduction to Natural Resource and Environmental Economics
      AEB 4274 Natural Resource and Environmental Policy
      AEB 4931 Agricultural Macroeconomics
      ECO 4956 International Studies in Economics
      ECS 4110 Africa in the Global Economy
      ECS 4111 Africa in the Global Economy
      FIN 3403 Business Finance
      GEO 3502 Economic Geography
      This substitute cannot double count toward the CLAS 3000-level elective requirement.

    Recommended Coursework

    Students planning to pursue graduate study in economics should consider a minor in mathematics or statistics or take the following mathematics and statistics courses:

    • MAC 2311 Analytic Geometry and Calculus 1, MAC 2312 Analytic Geometry and Calculus 2, and MAC 2313 Analytic Geometry and Calculus 3
    • MAP 2302 Differential Equations
    • MAS 3114 Computational Linear Algebra or MAS 4105 Linear Algebra 1
    • STA 4321 Introduction to Probability and STA 4322 Introduction to Statistics Theory.
      Students taking advanced statistics might not be required to take STA 2023.

    Overseas Studies

    Students are encouraged to spend a semester abroad. The Warrington College of Business Administration offers several excellent study abroad programs that allow students the opportunity to go abroad and still make progress toward their degree. Contact the advisers in the Warrington College for more information.


    Working on research can be a valuable part of an undergraduate education. There are a limited number of spots for undergraduates to work with a faculty member on research and/or assist with a class. Students should ask their professors about this possibility; however, before doing so, students should have completed ECO 3101 and at least one economics elective. Students selected for these limited positions must have very strong economics grades. More formally, ECO 4935 Honors Empirical Research, is available to honors students and seniors who have high grades and are interested in research and/or graduating with honors.

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    Critical Tracking

    To graduate with this major, students must complete all university, college and major requirements. For degree requirements outside of the major, refer to CLAS Degree Requirements: Structure of a CLAS Degree.

    Equivalent critical-tracking courses as determined by the State of Florida Common Course Prerequisites may be used for transfer students.

    Semester 1

    • 2.0 UF GPA required

    Semester 2

    • Complete 1 of 4 courses from ECO 2013, ECO 2023, MAC 2233 and STA 2023 with a 2.5 critical-tracking GPA, excluding ECO 3101
    • 2.0 UF GPA required

    Semester 3

    • Complete 1 additional course of the 4 with a 2.75 critical-tracking GPA, excluding ECO 3101
    • 2.0 UF GPA required

    Semester 4

    • Complete 2 additional courses of the 4 with a 3.0 critical-tracking GPA, excluding
      ECO 3101
    • 2.0 UF GPA required

    Semester 5

    • Complete ECO 3101 with a minimum grade of C
    • Maintain a 3.0 critical-tracking GPA, excluding ECO 3101
    • 2.0 UF GPA required
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    Recommended Semester Plan

    Students are expected to complete the writing requirement while in the process of taking the courses below. Students are also expected to complete the general education international (GE-N) and diversity (GE-D) requirements concurrently with another general education course (typically, GE-C, H or S).

    Semester 1 Credits
    ECO 2023 Principles of Microeconomics (GE-S) 4
    HUM 2305 What is the Good Life (GE-H)​ 3​
    Composition (GE-C, WR) 3
    Foreign language 4-5
    Total 14-15
    Semester 2 Credits
    ECO 2013 Principles of Macroeconomics (GE-S) 4
    MAC 2233 Survey of Calculus 1 (GE-M) 3
    Foreign language 3-5
    Physical Science (GE-P) 3
    Science laboratory (GE-P or B) 1
    Total 14-16
    Semester 3 Credits
    STA 2023 Introduction to Statistics 1 (GE-M) 3
    Biological Science (GE-B) 3
    Elective (or foreign language if 4-3-3 option) 6
    Humanities (GE-H) 3
    Total 15
    Semester 4 Credits
    Composition (GE-C, WR) 3
    Electives 6
    Humanities (GE-H) 3
    Physical Science (GE-P) 3
    Total 15
    Semester 5 Credits
    ECO 3101 Intermediate Microeconomics (GE-S) 4
    Biological Science (GE-B) 3
    Electives 9
    Total 16
    Semester 6 Credits
    Economics courses (two at 3000 level or above) 8
    Elective 3
    Electives (3000 level or above, not in major) 6
    Total 17
    Semester 7 Credits
    ECO 3203 Intermediate Macroeconomics 4
    Economics course (3000 level or above) 6
    Electives (3000 level or above, not in major)​ 6​
    Total 14
    Semester 8 Credits
    Economics course (one at 3000 level or above) 4
    Electives 5-2
    Electives (3000 level or above, not in major) 6
    Total 15-12
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majors: economics