What you can complete at LMC for the Economics major.

Prerequisites for the major

  • Two Economics courses
  • BUSA 204: Principles of Economics (Micro) transfers as ECON 101: Principle Econ I for 3 credits
  • BUSA 203: Principles of Economics (Macro)transfers as ECON 102: Principle Econ II for 3 credits
  • Calculus
  • No Equivalent for Calculus I. You have 2 options.
  • Option 1: MATH 201 transfers as MATH 116: Calculus II.  You would have to take MATH 151 first so will end up taking two calculus classes.
  • Option 2: You can wait and take MATH 115 at U-M. 

What you will have to complete after you transfer to complete the Economics major.

30 or 34 credits to include the following:

  • Calculus Prerequisite: MATH 115 (4 credits) if not completed at LMC
  • Core Economic Theory: 2 courses
  • Core Statistics and Econometrics: 2 courses
  • Electives: 15 credits

Sample 2-year Completion Pathway

  • Semester 1: 300 level elective (3 credits), STATS 206 or 250 (4 credits), MATH 115 (4 credits) if needed
  • Semester 2: 401 (4 credits), 300 level elective (3 credits)
  • Semester 3: 402 (4 credits), 400 level elective (3-4 credits), Econ 251 (4 credits)
  • Semester 4: 400 level elective (3-4 credits), 400 level elective (3-4 credits)

Completing General Degree Requirements as an Economics Major

  • In addition to completing the requirements for the Economics major you will need to complete a total of 120 credits and the General Degree Requirements. Transfer credit can count for all General Degree Requirements.
  • Courses that transfer with the U-M subject ECON cannot be used for Area Distribution for Economics majors.  Therefore, LMC’s BUSA 200, 203, and 204 cannot be used to fulfill social science distribution as they are listed on the General Degree Requirement Transfer Guide.
  • Quantitative Reasoning Requirement (QR). Multiple courses required for the Economics major will fulfill QR so you do not plan to complete anything outside of the major for this requirement. 

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