Bachelor of Science in Economics

UNDERGRADUATE 

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Economics is an excellent course of study to pursue because it contributes to a broad liberal arts education and can help you develop superior problem-solving skills—whether you are in the work force or are considering graduate work in business, law, engineering, or the social sciences.

The Economics major will familiarize you with the problems of a modern economy and the tools of analysis developed by economists. It emphasizes both the development of analytic models and their application to such real-world problems as inflation, unemployment, taxation, poverty, pollution, government decision-making, and regulation.


Undergraduate and graduate degree and certificate programs offered by University College are offered through Arts & Sciences at Washington University in St. Louis. Business-related programs in University College are not accredited by the Association to Advance Collegiate Schools of Business (AACSB International).

Admission Requirements
6 Units Of Transferable College-level Course Work
  • At least six units of transferable college-level course work; or 
  • at least six units of course work taken at University College and proof of high school completion, General Educational Development (GED) or High School Equivalency (HSE).
2.7 Minimum GPA

Note: University College is designed for students with adult responsibilities who may require part-time and flexible course schedules. Current high school students and recent graduates seeking a traditional WashU college experience should apply through the undergraduate admissions office: admissions.wustl.edu.

Application Requirements

Below is a list of requirements for an application to the undergraduate degree in Economics. Applications will be reviewed once all requirements are received.

Application Deadlines

Admission decisions are made on a rolling basis and typically take four to six weeks. An application is incomplete and will not be reviewed until all of the application requirements have been received or processed. Applicants are encouraged to submit all materials by the following dates:

  • Fall 2022: July 31, 2022
  • Spring 2023: Dec. 31, 2022
  • Summer 2023: April 30, 2023
Completed Application Form

The online application is available on our Apply page. Applications are ready for review when all fields on the application form are completed and the required documents have been received.

Transcripts

Official (issued directly from the college or Wash U) or unofficial (student-issued) copies of transcripts from the three most recent years of college-level work. If you have fewer than six units of transferable credit or University College course work, then proof of high school completion, General Educational Development (GED) or High School Equivalency (HSE) must be submitted. Official transcripts must be sent directly from the registrar to University College. Electronic transcripts should be forwarded to ucollege@wustl.edu. For transcript questions, please contact our Admissions Coordinator, Patricia Agnew, at paagnew@wustl.edu.

Non-United States course work transcript verification
If the transcript you submit for consideration is from a college or university outside the United States, a course by course transcript evaluation is also required. Evaluations will be accepted from World Education Services (WES), Spantran or another member institution of the National Association of Credential Evaluation Services (NACES). For Spantran evaluations, you must use this form

Personal Essay

Tell us about yourself in a brief essay (about 250 words). Why are you applying to University College? What are your goals, both academic and professional? Is there additional information we should know about you when considering your application?

TOEFL/IELTS Scores (if applicable)

All international students are required to submit TOEFL iBT or IELTS scores at the time of application. The TOEFL iBT and IELTS may be waived for applicants who, immediately prior to their application for admission, have done both of the following:

  • Lived for three years or longer in the United States or another country where English is the primary language of daily life (e.g. Canada or United Kingdom).
  • Completed three or more years of study at a college or university which is located in that country and where the language of instruction is English.

This policy applies to all international students, even those who have earned a degree from a United States college or university.

If an applicant moves away from an English-speaking country after living and studying there for three years or more, TOEFL, IELTS or Duolingo scores are then required for admission. 

Changes to the English Language Proficiency Requirements (2022–23)
Effective March 23, 2022, if an applicant is unable to take the TOEFL iBT or the IELTS, they may document their efforts to take the tests, contact University College Admissions, and request the Duolingo, TOEFL ITP Plus for China, or TOEFL iBT Home Edition as exceptions. 

For international student application deadlines and fees, please click HERE.

Additional TOEFL and IELTS information for international students adversely affected by the novel coronavirus (COVID-19) can be found on University College’s International Student Information webpage.

Enrolling in University College

We are here for you, every step of the way. Getting started at University College is easy.

1. Meet with an Advisor
2. Start Your Application
  • Applying is easy, and our advisors are here to help you find the path that fits your needs. Apply Today!
3. Plan Ahead

Take a course today. Apply later.

At University College, students can take courses without applying to a degree program. If you are interested in taking a class to get to know University College, to fulfill credits, for professional development, or to follow a passion, the non-degree option is for you. Learn more.

Course Work

REQUIRED COURSES: 18 UNITS

All University College undergraduate students must satisfy the same general-education requirements. Requirements specific to the BS in Economics include:

  • Applied Statistics (U20 205) OR Probability and Statistics I (U20 305)
  • Introduction to Microeconomics (U07 1011)
  • Introduction to Macroeconomics (U07 1021)
  • Intermediate Microeconomics (U07 406)
  • Intermediate Macroeconomics (U07 407)
  • Econometric Techniques (U07 414)

ELECTIVES: 12 UNITS

(at least 9 units at the 300–400 level)

Electives can be drawn from U07 electives or the following courses (other courses with permission):

  • Financial and Managerial Accounting (U44 263)
  • Business Finance (U44 342)
  • International Trade and Globalization (U44 380)
  • Programming with Python (U20 133)

Recommended

  • Calculus I (U20 155) is strongly recommended.
Sample Courses

INTRODUCTION TO POLITICAL ECONOMY—MICROECONOMICS (U07 103)

INTRODUCTION TO POLITICAL ECONOMY—MACROECONOMICS (U07 104)

ECONOMIC STATISTICS (U07 231) OR APPLIED STATISTICS (U20 205) OR PROBABILITY AND STATISTICS I (U20 305)

REAL ESTATE INVESTMENTS (U07 308)

FINANCIAL MARKETS AND ANALYSIS (U07 3311)

MONEY AND BANKING (U07 335A)

FINANCIAL INTERMEDIARIES IN THE MARKET ECONOMY (U07 337)

INVESTMENT CHART ANALYSIS (U07 362)

GLOBAL FINANCIAL AND TRADE POLICY (U07 375)

INTERMEDIATE MICROECONOMICS (U07 401)

INTERMEDIATE MACROECONOMICS (U07 402)

MANAGERIAL ECONOMICS (U07 403A)

ECONOMIC SYSTEMS IN THEORY AND PRACTICE (U07 427)

CAPSTONE SEMINAR IN FINANCIAL SERVICES (U07 489)

Student Advising

Our advisors go the extra mile to help you navigate your path and needs. We will provide you with the tools to make each moment spent on your education as valuable as possible. Students will receive:

  • individual appointments with an experienced advisor;
  • career planning services to prepare you for opportunities after graduation;
  • a partner throughout your journey to ensure success.

HOURS
Student advising is available from 9 a.m. to 6 p.m., Monday through Thursday and 9 a.m. to 5 p.m. on Friday.

Still have questions?

Program Coordinator: 
Dorothy Peterson
314-935-5644
Dottie@wustl.edu

Academic Advisors: 
Lily M. Dollan
314-935-3499 
Lily.m@wustl.edu

Rebecca O’Laughlin 
314-935-6742
Rolaughlin@wustl.edu

Elisa Wang
314-935-6793
Elisa.wang@wustl.edu