Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon
2021-2022

Economics

College of Humanities and Sciences

 
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 courses to our capstone courses (which provide REAL opportunities), you will 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
Economics is an agile degree, preparing students for jobs in business, government, and teaching, as well as for graduate school in economics, law, public administration, and medicine. Economics education focuses on 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, economics majors are in high demand in the labor market.  Many students go on to leverage these skills in graduate school; for example, economics is one of the 3-5 most popular undergraduate majors among law students.
Change of major requirements
Email Shelley Bowers at bowerss2@vcu.edu to schedule an advising appointment to discuss major requirements and your eligibility to declare the economics major.

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
Highest level of math required
  • MATH 200 or BUSN 212
  • SCMA 301 or STAT 210 or STAT 212
Science required
  • Natural Sciences requirement only
Foreign language requirements
  • Yes
Additional tuition/fees
  • No
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
Phone:
(804) 828-1717
Email:
econ@vcu.edu
Campus (where 75% of courses are taken):
Monroe Park

Major map compass icon
Major map

Explore
MAXIMIZE COURSE AND DEGREE PLANNING
GET CONNECTED WITH YOUR COMMUNITY
DEVELOP CULTURAL AGILITY
EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS
PREPARING FOR LIFE AFTER COLLEGE

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • Schedule an appointment with your advisor to explore minors, certificates, and plan your required REAL experience.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide.
  • Talk to professors about your research interests, electives, and strategies for success in your classes.
  • Explore innovation and business/non-profit creation classes with the da Vinci Center.
  • Be prepared for a challenging year of economics and math classes. Use tutoring at the Campus Learning Center to get ahead.
GET CONNECTED WITH YOUR COMMUNITY
DEVELOP CULTURAL AGILITY
  • Make friends with diverse perspectives and join a cultural or identity-related student organization.
  • Explore social issues, develop cultural competency skills, and engage with faculty through iExcel pop-up courses.
  • Investigate globally-focused courses in your major by pursuing language coursework or setting language proficiency goals with advisors and faculty.
  • Apply for the Critical Languages Scholarship.
EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS
  • Complete a gap analysis with your career advisor to identify key skills required for your professional field.
  • Seek out practical experience through independent skill-building, internships, shadowing, or part-time work.
  • Explore global career options with a career advisor to set goals for getting your dream job.
  • Organize examples of your academic and professional experiences, accomplishments, and reflections in an ePortfolio.
  • Attend career and internship fairs and other professional development events.
  • Pursue a digital badge to highlight the knowledge, skills, and experiences employers and graduate schools value.
  • Apply for externships through the Economics Department.
PREPARING FOR LIFE AFTER COLLEGE
  • Connect with alumni on VCULink for career advice, industry contacts, and meaningful professional relationships.
  • Conduct informational interviews or shadow someone in a field of professional interest.
  • Ask a faculty or staff member to be your academic and professional mentor and to provide future letters of recommendation.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Earn valuable leadership skills and join the Student Economics Association (SEA).

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • See your academic and career advisors to discuss graduation progress and career planning.
  • Enhance your business, software, technology, and creative skills using LinkedIn Learning.
  • Take ECON 300, ECON 301, ECON 302.
  • Consider applying for the accelerated 5-year BS to MA degree in economics.
GET CONNECTED WITH YOUR COMMUNITY
DEVELOP CULTURAL AGILITY
  • Build language proficiency and cultural competence by carrying out your plans for study abroad, internships, and service-learning.
  • Get required REAL experience and effect community change by using iExcel’s Active Citizen’s Toolkit to vote and volunteer.
  • Explore new cultures at one of Richmond’s wide array of festivals.
  • Prepare for future work on multidisciplinary and multicultural teams by showcasing your interpersonal skills on your resume.
EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS
  • Take advantage of mock interview opportunities through InterviewStream or meeting with a career advisor.
  • Update your ePortfolio.
  • Apply for the Graduate School Mentorship Program to learn more about graduate school and the graduate student experience.
  • Try out for the College Fed Challenge.
  • Schedule a time to meet with the chairwoman to discuss post-VCU career opportunities and graduate school options.
PREPARING FOR LIFE AFTER COLLEGE
  • Make a plan with your academic, career, and faculty advisors for applying to graduate school or land a micro-internship.
  • Study for and complete any standardized exams required for graduate school the summer before senior year. 
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • 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 the semester before you graduate to ensure that all graduation requirements will be met.
  • Choose REAL electives to diversify your skillset and round out your degree.
  • 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, 442, 461, or 489) and help fulfill your REAL requirements.
  • Make sure you have a total of five upper-level economics electives to satisfy degree requirements.
GET CONNECTED WITH YOUR COMMUNITY
DEVELOP CULTURAL AGILITY
  • Carry out globally-oriented research projects with multilingual faculty and international partners.
  • Read scholarly articles about diversity in your field.
  • Master your answers to interview questions about your experience working with diverse populations.
  • Plan for how you will grow your cultural agility after graduation.
  • Conduct independent undergraduate research on an international topic in ECON 492.
  • Meet with Business Career Services to identify how your foreign language proficiency can be highlighted on your resume.
EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS
PREPARING FOR LIFE AFTER COLLEGE
  • Prepare for graduation by making a plan to complete licensing exams, applications, and self-marketing activities.
  • Single out prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Have a personal statement or cover letter reviewed by Career Services. 
  • Connect with the Office of VCU Alumni Relations at Grad Fair, Grad Bash, and the VCULink Industry Network or alumni chapter.
  • Complete at least 1 internship in ECON 493.
  • Try out for an officer position in the Student Economics Association (SEA).
Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon
2021-2022

Economics

College of Humanities and Sciences

Concentration(s):
No concentration
MAXIMIZE COURSE AND DEGREE PLANNING GET CONNECTED WITH YOUR COMMUNITY DEVELOP CULTURAL AGILITY EXPLORE CAREERS AND DEVELOP ESSENTIAL SKILLS PREPARING FOR LIFE AFTER COLLEGE
Explore Year 1
Experience Year 2
  • Schedule an appointment with your advisor to explore minors, certificates, and plan your required REAL experience.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide.
  • Talk to professors about your research interests, electives, and strategies for success in your classes.
  • Explore innovation and business/non-profit creation classes with the da Vinci Center.
  • Be prepared for a challenging year of economics and math classes. Use tutoring at the Campus Learning Center to get ahead.
  • Make friends with diverse perspectives and join a cultural or identity-related student organization.
  • Explore social issues, develop cultural competency skills, and engage with faculty through iExcel pop-up courses.
  • Investigate globally-focused courses in your major by pursuing language coursework or setting language proficiency goals with advisors and faculty.
  • Apply for the Critical Languages Scholarship.
  • Complete a gap analysis with your career advisor to identify key skills required for your professional field.
  • Seek out practical experience through independent skill-building, internships, shadowing, or part-time work.
  • Explore global career options with a career advisor to set goals for getting your dream job.
  • Organize examples of your academic and professional experiences, accomplishments, and reflections in an ePortfolio.
  • Attend career and internship fairs and other professional development events.
  • Pursue a digital badge to highlight the knowledge, skills, and experiences employers and graduate schools value.
  • Apply for externships through the Economics Department.
  • Connect with alumni on VCULink for career advice, industry contacts, and meaningful professional relationships.
  • Conduct informational interviews or shadow someone in a field of professional interest.
  • Ask a faculty or staff member to be your academic and professional mentor and to provide future letters of recommendation.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Earn valuable leadership skills and join the Student Economics Association (SEA).
Year 3
  • See your academic and career advisors to discuss graduation progress and career planning.
  • Enhance your business, software, technology, and creative skills using LinkedIn Learning.
  • Take ECON 300, ECON 301, ECON 302.
  • Consider applying for the accelerated 5-year BS to MA degree in economics.
  • Build language proficiency and cultural competence by carrying out your plans for study abroad, internships, and service-learning.
  • Get required REAL experience and effect community change by using iExcel’s Active Citizen’s Toolkit to vote and volunteer.
  • Explore new cultures at one of Richmond’s wide array of festivals.
  • Prepare for future work on multidisciplinary and multicultural teams by showcasing your interpersonal skills on your resume.
  • Take advantage of mock interview opportunities through InterviewStream or meeting with a career advisor.
  • Update your ePortfolio.
  • Apply for the Graduate School Mentorship Program to learn more about graduate school and the graduate student experience.
  • Try out for the College Fed Challenge.
  • Schedule a time to meet with the chairwoman to discuss post-VCU career opportunities and graduate school options.
  • Make a plan with your academic, career, and faculty advisors for applying to graduate school or land a micro-internship.
  • Study for and complete any standardized exams required for graduate school the summer before senior year. 
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • 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 the semester before you graduate to ensure that all graduation requirements will be met.
  • Choose REAL electives to diversify your skillset and round out your degree.
  • 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, 442, 461, or 489) and help fulfill your REAL requirements.
  • Make sure you have a total of five upper-level economics electives to satisfy degree requirements.
  • Carry out globally-oriented research projects with multilingual faculty and international partners.
  • Read scholarly articles about diversity in your field.
  • Master your answers to interview questions about your experience working with diverse populations.
  • Plan for how you will grow your cultural agility after graduation.
  • Conduct independent undergraduate research on an international topic in ECON 492.
  • Meet with Business Career Services to identify how your foreign language proficiency can be highlighted on your resume.
  • Prepare for graduation by making a plan to complete licensing exams, applications, and self-marketing activities.
  • Single out prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Have a personal statement or cover letter reviewed by Career Services. 
  • Connect with the Office of VCU Alumni Relations at Grad Fair, Grad Bash, and the VCULink Industry Network or alumni chapter.
  • Complete at least 1 internship in ECON 493.
  • Try out for an officer position in the Student Economics Association (SEA).