Jul 15, 2019  
2018 - 2019 Undergraduate Catalog 
    
2018 - 2019 Undergraduate Catalog

Economics, BA (International Honours)


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The Joint Degree Program in Economics


Economics majors accepted into the joint degree program will benefit from the integration of the breadth offered by a William & Mary liberal arts education and the depth and progression offered from a St Andrews degree. In addition, majors will benefit from the complementary strengths of the two departments. While both economic departments have strengths in applied economic theory, the Economics Department at St Andrews has particular strengths in the areas of dynamic macroeconomics, finance, household economics, competition and innovation and climate change. St Andrews also supports two research centers - the Centre for Dynamic Macroeconomic Analysis and the Centre for Research in Industry, Enterprise, Finance and the Firm. The Department of Economics at William & Mary has particular strengths in the area of health, experimental and international economics. In addition, William & Mary economics faculty are highly visible members of The Schroeder Center for Health Policy, the Thomas Jefferson Program in Public Policy, and the Reves Center for International Studies.

Individuals enrolling in the economics degree will take the following program.

Requirements for the Joint Degree Program in Economics


Note: ECON is the prefix for Economics courses at W&M; EC is the prefix for Economics courses at St Andrews.

Required Credit Hours:


  • 54 ECON credits (at least 21 of which are completed at William & Mary)
  • Progression in Years 3 and 4:  Students must earn 60 (WM)/240 (StA) credits, at least 45 (WM)/180 (StA) in Honours courses - that is, courses in the major at the 300(0) - 400(0) level.  Students must take 30/120 credits at each university.  Of the total 60/240, 22.5/90 should be at the 4000-level at St. Andrews, or at the equivalent level at W&M.*  Normally, no more than 7.5/30 credits below the 300-level may be taken in a single Honours year.​

*Some 300 level courses at W&M will count towards this requirement. See your major advisor for a list.

Major Computing Requirement:


Major Writing Requirement:


Core Requirements:


All majors in the joint program are required to take the following:

First Year


  • ECON 101 - Principles of Microeconomics (3) *  OR
  • EC1002
  •  

  • ECON 102 - Principles of Macroeconomics (3) *  OR
  • EC1001
  •  

     

  • EC 1003 (for St Andrews home students; students may not take both EC 1003 and ECON 331)
  • * St Andrews students with a strong high school background in economics may take EC1004 (20) instead of BOTH EC1002 and  EC1001.  This can only be done with permission of advisor and after successful completion of an online test.

Second Year


Third Year


  • ECON 308 - Econometrics (3) OR
  • EC3301
  •  

  • At W&M, at least an additional 12 credits in Economics elective courses, or
  • At St Andrews, normally another 100 credits in EC3302-EC3309; EC4401-EC4425; EC4427-EC4429.

Fourth Year


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