Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon
2019-2020

Economics

School of Business

 
Program description

Economics is the science of human choice, the study of how individuals and businesses allocate scarce resources among competing uses. As an economics major, you’ll gain an understanding of markets and incentives, and learn to evaluate current events and assess public policy. From our gateway course to our capstone programs, you’ll develop the analytical and communication skills valued by employers. Our curriculum focuses on applying quantitative and data analysis expertise to address business, public policy, and socioeconomic concerns. We also help you build and refine your communication skills, preparing you to present your work professionally with confidence.

Career opportunities

Undergraduate work in economics is excellent preparation for careers in business, government, and teaching, as well as for graduate work in economics and professional schools such as law, public administration, and medicine. Specialization in economics prepares students for careers that emphasize analytical thinking, a broad understanding of the economy and business organizations, and the impact firm/government decisions have upon consumers, firms, and the economy as a whole. Because of their analytical, quantitative and decision-making skills, students who major in economics are sought after for a wide array of positions. In particular, the specific skills economics majors acquire provide employment opportunities in large organizations that forecast business conditions and analyze economic data.

Change of major requirements

Students are eligible for admission into the advanced business program with a major in the School of Business upon meeting the minimum cumulative GPA requirement and successful completion of the Business Foundation coursework, as outlined here: http://bulletin.vcu.edu/undergraduate/business/undergraduate-information/shared-curriculum/


Bachelor-level job titles
  • Budget, Financial, or Public Policy Analyst
  • Economist
  • Information Scientist
  • Journalist
  • Loan Officer
  • Personal Financial Advisor
  • Research Assistant
  • Statistician
  • Underwriter
  • Urban Planner
Graduate and professional level job titles
  • College Professor
  • Economic Consultant
  • Financial Manager
  • Policy Advisor
Degree requirements in Bulletin
Plan of study in Bulletin
Highest level of math required
  • ECON 403 or SCMA 302 or STAT 314
  • MATH 200 or SCMA 212 or BUSN 212
Science required
  • Core only
Foreign language requirements
  • No
Additional tuition/fees
  • Yes
GPA requirements (to progress/graduate in the major)
  • 2.5+ cumulative GPA to declare major, 2.0+ cumulative GPA to graduate, and 2.0+ major GPA to graduate
Department name:
Department of Economics
Building/room location:
Snead Hall, Room B3153
Campus (where 75% of courses are taken):
Monroe park
Phone:
(804) 828-1717
Email:
econ@vcu.edu

Major map compass icon
Major map

Explore
MAXIMIZE COURSE AND DEGREE PLANNING
  • Attend Ready, Set, Go – Sophomore Transition Experience. 
  • Map out a 4-year course plan in Degree Works' Student Educational Planner.
  • Schedule an appointment with your academic advisor to review your CSI self-report, start goal planning, and to discuss tutoring, electives, & degree progression.
  • Take Math Placement and register for math classes each semester until you complete MATH 200 and statistics (STAT 212 or SCMA 301).
  • Earn at least a 2.5 semester GPA and 15 credits a semester to declare your major at the end of year 2 & graduate in 4 years.
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
GET REAL EXPERIENCE
PREPARING FOR LIFE AFTER COLLEGE
  • Access your free credit report and begin making responsible credit choices to prepare for your future.
  • Build a LinkedIn profile with Career Services, connect to at least 10 people, and check out the VCU alumni page.
  • Explore “What Can I Do With This Major” to learn about employers in your field of study.
  • Join Students Today Alumni Tomorrow (STAT) to connect to VCU traditions, networking opportunities, and fellow Rams.
  • Practice independent living skills such as money and time management, self-care, and personal responsibility.

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • Get familiar with the research process with the VCU Libraries Research Basics Guide. Ask questions about how to use the library.
  • Schedule an appointment with your advisor and explore minors, certificates, and skills-based value added courses.
  • Talk to your professors about research interests, picking future classes, and strategies for success in your program.
  • Make sure to take INFO 165.
  • Be prepared for a challenging year of ACCT, ECON and math classes. Use tutoring at the Campus Learning Center and Studio BE to get ahead.
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
GET REAL EXPERIENCE
  • Apply for an externship through the Economics Department.
  • Attend Career & Internship Fairs and other professional development events. 
  • Complete a “Gap Analysis” Strategic Plan with your academic or career advisor.
  • Create an ePortfolio to document academic/professional experiences, accomplishments, and reflections.
  • Plan to complete at least 2 internships before the start of your 4th year.
PREPARING FOR LIFE AFTER COLLEGE

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • Deepen your expertise at finding information in your discipline by working with your subject expert librarian & using research guides.
  • Enhance your business, software, technology and creative skills using LinkedIn Learning.
  • See your academic and career advisors regularly to discuss your progress towards graduation and career planning.
  • Take ECON 300, ECON 301, and ECON 302.
  • Earn no less than a C average to meet graduation requirements.
  • Conduct independent undergraduate research in ECON 492.
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
GET REAL EXPERIENCE
PREPARING FOR LIFE AFTER COLLEGE
  • Attend the School of Business Career Fair.
  • Have your resume reviewed by Business Career Services.
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Research graduate/professional schools at least 1 year in advance of deadlines. Study for and complete any exams the summer before senior year. 
  • Talk to advisors, faculty, and career services about graduate school versus a job.
  • Research and apply for an internship at the Federal Reserve of Richmond.
  • Connect with VCU Economics Students and Alumni on LinkedIn.

Excel
MAXIMIZE COURSE AND DEGREE PLANNING
  • Schedule an appointment with your academic advisor a semester before your anticipated graduation to ensure all graduation requirements will be met. 
  • Take an economics capstone course (ECON 431, 441, 461, or 489).
  • Complete the BUSN 499 Business Knowledge Exam.
  • Take MGMT 434 in your final semester -- be aware of the multiple prereqs!
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
  • Read scholarly articles about diversity in your field.
  • Reflect on your own cultural competency, and be prepared to answer interview questions that outline how you have worked with diverse populations.
  • Meet with Business Career Services to identify how the international perspective of your coursework can be highlighted on your resume.
GET REAL EXPERIENCE
  • Continue to engage in research to create more content for your ePortfolio.
  • Present your research at conference/meeting such as UROP Undergraduate Research Symposium or other conferences. 
  • Reflect on the experiential learning you have engaged in thus far, and discuss with current or potential mentors (peers, faculty, advisors, alumni, professionals).
  • Complete at least one internship in ECON 493.
PREPARING FOR LIFE AFTER COLLEGE
  • Complete exams, applications, or self-marketing activities for after graduation.
  • Engage with the VCU Alumni Association at Grad Fair, Grad Bash, and by joining a VCULink Industry Network and alumni chapter as you prepare to graduate.
  • Have a personal statement or cover letter reviewed and do a mock interview at Business Career Services. 
  • Research prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon
2019-2020

Economics

School of Business

Concentration(s):
No concentration
MAXIMIZE COURSE AND DEGREE PLANNING GET CONNECTED WITH YOUR COMMUNITY BUILD CULTURAL COMPETENCE GET REAL EXPERIENCE PREPARING FOR LIFE AFTER COLLEGE
Explore Year 1
  • Attend Ready, Set, Go – Sophomore Transition Experience. 
  • Map out a 4-year course plan in Degree Works' Student Educational Planner.
  • Schedule an appointment with your academic advisor to review your CSI self-report, start goal planning, and to discuss tutoring, electives, & degree progression.
  • Take Math Placement and register for math classes each semester until you complete MATH 200 and statistics (STAT 212 or SCMA 301).
  • Earn at least a 2.5 semester GPA and 15 credits a semester to declare your major at the end of year 2 & graduate in 4 years.
  • Access your free credit report and begin making responsible credit choices to prepare for your future.
  • Build a LinkedIn profile with Career Services, connect to at least 10 people, and check out the VCU alumni page.
  • Explore “What Can I Do With This Major” to learn about employers in your field of study.
  • Join Students Today Alumni Tomorrow (STAT) to connect to VCU traditions, networking opportunities, and fellow Rams.
  • Practice independent living skills such as money and time management, self-care, and personal responsibility.
Experience Year 2
  • Get familiar with the research process with the VCU Libraries Research Basics Guide. Ask questions about how to use the library.
  • Schedule an appointment with your advisor and explore minors, certificates, and skills-based value added courses.
  • Talk to your professors about research interests, picking future classes, and strategies for success in your program.
  • Make sure to take INFO 165.
  • Be prepared for a challenging year of ACCT, ECON and math classes. Use tutoring at the Campus Learning Center and Studio BE to get ahead.
  • Apply for an externship through the Economics Department.
  • Attend Career & Internship Fairs and other professional development events. 
  • Complete a “Gap Analysis” Strategic Plan with your academic or career advisor.
  • Create an ePortfolio to document academic/professional experiences, accomplishments, and reflections.
  • Plan to complete at least 2 internships before the start of your 4th year.
Year 3
  • Deepen your expertise at finding information in your discipline by working with your subject expert librarian & using research guides.
  • Enhance your business, software, technology and creative skills using LinkedIn Learning.
  • See your academic and career advisors regularly to discuss your progress towards graduation and career planning.
  • Take ECON 300, ECON 301, and ECON 302.
  • Earn no less than a C average to meet graduation requirements.
  • Conduct independent undergraduate research in ECON 492.
  • Attend the School of Business Career Fair.
  • Have your resume reviewed by Business Career Services.
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Research graduate/professional schools at least 1 year in advance of deadlines. Study for and complete any exams the summer before senior year. 
  • Talk to advisors, faculty, and career services about graduate school versus a job.
  • Research and apply for an internship at the Federal Reserve of Richmond.
  • Connect with VCU Economics Students and Alumni on LinkedIn.
Excel Year 4
  • Schedule an appointment with your academic advisor a semester before your anticipated graduation to ensure all graduation requirements will be met. 
  • Take an economics capstone course (ECON 431, 441, 461, or 489).
  • Complete the BUSN 499 Business Knowledge Exam.
  • Take MGMT 434 in your final semester -- be aware of the multiple prereqs!
  • Read scholarly articles about diversity in your field.
  • Reflect on your own cultural competency, and be prepared to answer interview questions that outline how you have worked with diverse populations.
  • Meet with Business Career Services to identify how the international perspective of your coursework can be highlighted on your resume.
  • Continue to engage in research to create more content for your ePortfolio.
  • Present your research at conference/meeting such as UROP Undergraduate Research Symposium or other conferences. 
  • Reflect on the experiential learning you have engaged in thus far, and discuss with current or potential mentors (peers, faculty, advisors, alumni, professionals).
  • Complete at least one internship in ECON 493.
  • Complete exams, applications, or self-marketing activities for after graduation.
  • Engage with the VCU Alumni Association at Grad Fair, Grad Bash, and by joining a VCULink Industry Network and alumni chapter as you prepare to graduate.
  • Have a personal statement or cover letter reviewed and do a mock interview at Business Career Services. 
  • Research prospective employers and create a job or graduate school search strategy at least 8 months before graduation.