theundergraduateschoo ls - Wake Forest University

Economics (ECN)
Chair Allin F. Cottrell
Archie Carroll Professor of Ethical Leadership John C. Moorhouse
Hultquist Family Professor of Economics J. Daniel Hammond
Reynolds Professor John H. Wood
Professors Allin F. Cottrell, Donald E. Frey, Claire H. Hammond, Michael S. Lawlor,
Perry L. Patterson, Robert M. Whaples
McCulloch Family Fellow and Associate Professor Jac C. Heckelman
Associate Professor Sylvain H. Boko
Assistant Professor Frederick H. Chen
Visiting Assistant Professor Rushad Faridi
Visiting Instructors John MacDonald, Todd McFall
The objectives of the economics program are to help prepare students for effective participation
in the decision-making processes of society, to develop analytical skills in solving economic
problems, to promote a better understanding of alternative economic systems, and to provide
a balanced curriculum to prepare students for graduate study or positions in industry and
government.
The major in economics consists of twenty-seven hours in economics, including Economics
150, 201, 205, 206, 207, and at least one course from ECN 211, 222, 252 or 274. A minimum grade
of C is required in ECN 150 and 201, and a minimum of C- in ECN 205 and 207; in addition, students
must achieve an overall 2.0 average in economics courses. The student also must make a
minimum grade of C in either MTH 106 or 111 and MTH 109 (or similar course with permission
of department chair).
The minor in economics consists of eighteen hours, including ECN 150, 205, and 207. The
mathematics and minimum grade requirements for the minor are the same as for the major.
Economics majors are encouraged to take complementary courses in mathematics, the
humanities, or other social sciences to sharpen their analytical skills and to acquire a broader
understanding of important issues. The faculty adviser will assist each student in determining
the particular combination of courses that satisfies his or her needs.
Students may graduate with “Honors in Economics” if they have a grade point average of at
least 3.0 and 3.3 in economics, and earn a minimum grade of B- in the research course, ECN 298.
It is recommended that ECN 297 be taken as preparation for 298.
The Department of Economics and the Department of Mathematics offer a joint major leading
to a bachelor of science degree in mathematical economics. This interdisciplinary program
affords the student an opportunity to apply mathematical methods to the development of
economic theory, models, and quantitative analysis. The major consists of the following course
requirements: ECN 150, 205, 207, 210, 211, 215, 218; MTH 112, 113, 121, 254, 255; and three additional
(3h) courses chosen with the approval of the program advisers. Students electing the joint
major must receive permission from both the Department of Economics and the Department
of Mathematics. A minimum grade average of C in all courses attempted for the mathematical
economics joint major is required for graduation.
Highly qualified majors are encouraged to apply for admission to the honors program in the
joint major. To be graduated with the designation “Honors in Mathematical Economics,” a student
must satisfy the requirements of ECN 298 or MTH 381 by successfully completing a senior
research project. Consult the program advisers for additional information.
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