Frequently Asked Questions About the Undergraduate Program

Graduate work in economics

Advanced Placement policy

Special awards

What courses should I take if I am contemplating graduate work in economics?

The following courses are NOT required for the Economics Major, but are recommended as preparation for graduate study:

110.113 Linear Algebra

110.112 Calculus III

550.311 Introduction to Probability

550.312 Introduction to Statistics

Do AP Micro- or Macroeconomics credits count toward my Economics Major/Minor?

Students who use credits to satisfy the 180.101 Elements of Macroeconomics and 180.102 Elements of Microeconomics requirements must take additional courses to reach a total of ten courses in the department to complete an Economics Major or six courses for a Minor.

Macro. Students who score a 4 or a 5 on the Macro AP exam may place out of Elements of Macroeconomics (180.101), and they receive University credit for this course.

Micro. Students who score a 4 or a 5 on the Micro AP exam are invited to give a brief informal demonstration of their knowledge; if this is satisfactory, such students may place out of Elements of Microeconomics (180.102), and they receive University credit for this course. To take this diagnostic test, stop in and see Professor Bruce Hamilton

Does the Economics Department offer special awards to honor outstanding students?

The Department has the option of granting two awards each year for particularly accomplished students-- the Max Hoschild Award and the Federal Reserve Bank of Richmond Award for Excellence.