Embarking on an economics major requires careful planning and strategic choices. This checklist provides essential milestones and recommendations to help you navigate your economics degree effectively while building a strong foundation for your future career.
Academic Requirements
Core Courses
Complete Principles of Microeconomics with a B or higher
Complete Principles of Macroeconomics with a B or higher
Finish Intermediate Microeconomic Theory by sophomore year
Finish Intermediate Macroeconomic Theory by sophomore year
Quantitative Skills
Take Calculus I before Intermediate Economics courses
Complete Statistics for Economics or equivalent
Learn basic econometrics (highly recommended by junior year)
Elective Specializations
Select at least 4 economics electives aligned with your interests
Consider courses in: International Economics, Labor Economics, Public Economics, Financial Economics, Development Economics, or Behavioral Economics
Tip: Many successful economics majors complement their degree with courses in mathematics, computer science, or business administration to enhance their analytical and technical skills.
Skill Development
Technical Skills
Develop proficiency in Excel for data analysis
Learn basic programming (R, Python, or Stata for economic analysis)
Practice data visualization techniques
Analytical Skills
Complete a research methods or economic writing course
Read economic publications regularly (Economist, Wall Street Journal, academic journals)
Practice interpreting graphs and economic models
Communication Skills
Present economic analysis in class presentations
Write clearly about economic concepts and data
Participate in economics-themed debate or discussion groups
Experiential Learning
Research Opportunities
Work as a research assistant for an economics professor
Complete an independent research project or senior thesis
Present research at an undergraduate economics conference
Practical Experience
Complete at least one economics-related internship
Consider internships at: government agencies, financial institutions, think tanks, or research organizations
Participate in study abroad programs focusing on global economics
Professional Development
Networking
Join the Economics Student Association or similar organization
Attend department seminars and guest lectures
Connect with alumni in economics-related fields
Career Exploration
Meet with a career counselor specializing in economics careers
Explore career pathways: policy analysis, financial services, consulting, data analysis, economic forecasting, or academia
Attend networking events and career fairs targeting economics students
Tip: Build relationships with professors who can provide mentorship and write recommendation letters for graduate school or employment.
Recommended Timeline
Freshman Year
- Complete Principles of Micro and Macroeconomics
- Start Calculus sequence
- Explore economics through introductory electives
- Join economics student organizations
Sophomore Year
- Complete Intermediate Micro and Macroeconomics
- Finish Statistics requirement
- Begin exploring potential specialization areas
- Seek first economics-related internship
Junior Year
- Take upper-level electives in specialization area
- Complete econometrics sequence
- Pursue research assistant opportunities
- Attend graduate school or career information sessions
Senior Year
- Complete remaining major requirements
- Pursue senior thesis or capstone project
- Complete final internship relevant to career goals
- Apply for graduate programs or full-time positions
Resources to Consult
- Your academic advisor - meets with at least once per semester
- Department website - for course descriptions and faculty information
- Career center - for internship and job opportunities
- Economics tutors or study groups - for challenging courses
- Writing center - for help on research papers
- Professional economics associations such as the American Economic Association for student resources
Final Advice
A successful economics major requires more than just completing courses. It involves developing analytical thinking, quantitative skills, and the ability to communicate economic concepts effectively. Stay engaged with the department, seek out opportunities to apply your knowledge, and regularly assess your progress against this checklist.
Remember that economics is a diverse field with applications across many sectors. Stay curious about how economic principles apply to real-world situations, and don't hesitate to reach out to faculty and peers for guidance throughout your academic journey.
