Skip to header Skip to main navigation Skip to main content Skip to footer

Major Maps

Strategic Enrollment Management and Student Success

Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon [View Image]
2021-2022

Economics

School of Business

 
Program description

Economics is the science of human choice, the study of how individuals and businesses allocate scarce resources among competing uses. As an economics major, you’ll gain an understanding of markets and incentives, and learn to evaluate current events and assess public policy. From our gateway course to our capstone programs, you’ll develop the analytical and communication skills valued by employers. Our curriculum focuses on applying quantitative and data analysis expertise to address business, public policy, and socioeconomic concerns. We also help you build and refine your communication skills, preparing you to present your work professionally with confidence.

Career opportunities

Undergraduate work in economics is excellent preparation for careers in business, government, and teaching, as well as for graduate work in economics and professional schools such as law, public administration, and medicine. Specialization in economics prepares students for careers that emphasize analytical thinking, a broad understanding of the economy and business organizations, and the impact firm/government decisions have upon consumers, firms, and the economy as a whole. Because of their analytical, quantitative and decision-making skills, students who major in economics are sought after for a wide array of positions. In particular, the specific skills economics majors acquire provide employment opportunities in large organizations that forecast business conditions and analyze economic data.

Change of major requirements

Students are eligible for admission into the advanced business program with a major in the School of Business upon meeting the minimum cumulative GPA requirement and successful completion of the Business Foundation coursework, as outlined here: http://bulletin.vcu.edu/undergraduate/business/undergraduate-information/shared-curriculum/


Bachelor-level job titles
  • Budget, Financial, or Public Policy Analyst
  • Economist
  • Information Scientist
  • Journalist
  • Loan Officer
  • Personal Financial Advisor
  • Research Assistant
  • Statistician
  • Underwriter
  • Urban Planner
Graduate and professional level job titles
  • College Professor
  • Economic Consultant
  • Financial Manager
  • Policy Advisor
Highest level of math required
  • ECON 501 or SCMA 302 or STAT 314
  • MATH 200 or BUSN 212
Science required
  • Core only
Foreign language requirements
  • No
Additional tuition/fees
  • Yes
GPA requirements (to progress/graduate in the major)
  • 2.5+ cumulative GPA to declare major, 2.0+ cumulative GPA to graduate, and 2.0+ major GPA to graduate
Department name:
Department of Economics
Building/room location:
Snead Hall, Room B3153
Campus (where 75% of courses are taken):
Monroe park
Phone:
(804) 828-1717
Email:
econ@vcu.edu

Major map compass icon [View Image]
Major map

Explore
MAXIMIZE COURSE AND DEGREE PLANNING
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
GET REAL EXPERIENCE
PREPARING FOR LIFE AFTER COLLEGE

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • Get familiar with the research process with the VCU Libraries Research Basics Guide. Ask questions about how to use the library.
  • Schedule an appointment with your advisor and explore minors, certificates, and skills-based value added courses.
  • Schedule an appointment with your advisor to explore minors, certificates, and plan your required REAL experience.
  • Talk to your professors about research interests, picking future classes, and strategies for success in your program.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide.
  • Talk to professors about your research interests, electives, and strategies for success in your classes.
  • Explore innovation and business/non-profit creation classes with the da Vinci Center.
  • Make sure to take INFO 165.
  • Be prepared for a challenging year of ACCT, ECON and math classes. Use tutoring at the Campus Learning Center and Studio BE to get ahead.
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
GET REAL EXPERIENCE
  • Apply for externships through the Economics Department.
  • Attend Career & Internship Fairs and other professional development events. 
  • Complete a “Gap Analysis” Strategic Plan with your academic or career advisor.
  • Complete a gap analysis with your career advisor to identify key skills required for your professional field.
  • Create an ePortfolio to document academic/professional experiences, accomplishments, and reflections.
  • Plan ahead to complete at least 2 internships before the start of your 4th year.
  • Seek out practical experience through independent skill-building, internships, shadowing, or part-time work.
  • Explore global career options with a career advisor to set goals for getting your dream job.
  • Organize examples of your academic and professional experiences, accomplishments, and reflections in an ePortfolio.
  • Attend career and internship fairs and other professional development events.
  • Pursue a digital badge to highlight the knowledge, skills, and experiences employers and graduate schools value.
PREPARING FOR LIFE AFTER COLLEGE
  • Connect with alumni on VCULink for career advice, industry contacts, and meaningful professional relationships.
  • Consider who you would ask to serve as professional and academic references for future letters of recommendation. 
  • Get plugged into VCULink to connect with students and alumni.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Conduct informational interviews or shadow someone in a field of professional interest.
  • Ask a faculty or staff member to be your academic and professional mentor and to provide future letters of recommendation.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Participate in Explore Informational Interviews and Connect Mentoring Program through Office of Student Engagement.
  • Join related professional organizations such as the Student Economics Association.

Experience
MAXIMIZE COURSE AND DEGREE PLANNING
  • Deepen your expertise at finding information in your discipline by working with your subject expert librarian & using research guides.
  • Enhance your business, software, technology and creative skills using LinkedIn Learning.
  • See your academic and career advisors regularly to discuss your progress towards graduation and career planning.
  • See your academic and career advisors to discuss graduation progress and career planning.
  • Enhance your business, software, technology, and creative skills using LinkedIn Learning.
  • Take ECON 300, ECON 301, and ECON 302.
  • Take summer or intersession classes to make up credits, if needed.
  • Consider applying for the accelerated 5-year BS to MA degree in Economics.
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
GET REAL EXPERIENCE
PREPARING FOR LIFE AFTER COLLEGE
  • Update your business resume to include new experiences you have gained and skills you have developed. Submit to VMock and/or meet with a Career Coach in Business Career Services to update.
  • Attend the School of Business Career Fair.
  • Make a plan with your academic, career, and faculty advisors for applying to graduate school or land a micro-internship.
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Research graduate/professional schools at least 1 year in advance of deadlines. Study for and complete any exams the summer before senior year. 
  • Talk to advisors, faculty, and Business Career Services about graduate school versus a job.
  • Study for and complete any standardized exams required for graduate school the summer before senior year. 
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Research and apply for an internship at the Federal Reserve of Richmond.
  • Connect with VCU Economics Students and Alumni on LinkedIn.

Excel
MAXIMIZE COURSE AND DEGREE PLANNING
  • Schedule an appointment with your academic advisor a semester before your anticipated graduation to ensure all graduation requirements will be met. 
  • Schedule an appointment with your academic advisor the semester before you graduate to ensure that all graduation requirements will be met.
  • Choose REAL electives to diversify your skillset and round out your degree.
  • Take an economics capstone course (ECON 431, 441, 442, 461, or 489).
  • Complete the BUSN 499 Business Knowledge Exam.
  • Take MGMT 434 in your final semester -- be aware of the multiple prereqs!
  • Conduct independent undergraduate research in ECON 492.
GET CONNECTED WITH YOUR COMMUNITY
BUILD CULTURAL COMPETENCE
  • Carry out globally-oriented research projects with multilingual faculty and international partners.
  • Reflect on your own cultural competency, and be prepared to answer interview questions that outline how you have worked with diverse populations.
  • Meet with Business Career Services to identify how the international perspective of your coursework can be highlighted on your resume.
  • Read scholarly articles about diversity in your field.
  • Master your answers to interview questions about your experience working with diverse populations.
  • Read scholarly articles about diversity in your field.
  • Plan for how you will grow your cultural agility after graduation.
GET REAL EXPERIENCE
PREPARING FOR LIFE AFTER COLLEGE
  • Update your business resume to include new experiences, skills, and high level academic projects. Submit to VMock and/or meet with a Career Coach in Business Career Services to update.
  • Complete exams, applications, or self-marketing activities for after graduation.
  • Engage with the VCU Alumni Association at Grad Fair, Grad Bash, and by joining a VCULink Industry Network and alumni chapter as you prepare to graduate.
  • Have a personal statement or cover letter reviewed and do a mock interview at Business Career Services. 
  • Prepare for graduation by making a plan to complete licensing exams, applications, and self-marketing activities.
  • Research prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Single out prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Have a personal statement or cover letter reviewed by Career Services. 
  • Connect with the Office of VCU Alumni Relations at Grad Fair, Grad Bash, and the VCULink Industry Network or alumni chapter.
Visit majormaps.vcu.edu for the online version with links.
Sponsored by the Office of the Provost
Major map compass icon [View Image]
2021-2022

Economics

School of Business

Concentration(s):
No concentration
MAXIMIZE COURSE AND DEGREE PLANNINGGET CONNECTED WITH YOUR COMMUNITYBUILD CULTURAL COMPETENCEGET REAL EXPERIENCEPREPARING FOR LIFE AFTER COLLEGE
ExploreYear 1
ExperienceYear 2
  • Get familiar with the research process with the VCU Libraries Research Basics Guide. Ask questions about how to use the library.
  • Schedule an appointment with your advisor and explore minors, certificates, and skills-based value added courses.
  • Schedule an appointment with your advisor to explore minors, certificates, and plan your required REAL experience.
  • Talk to your professors about research interests, picking future classes, and strategies for success in your program.
  • Get familiar with the research process with the VCU Libraries Research Basics Guide.
  • Talk to professors about your research interests, electives, and strategies for success in your classes.
  • Explore innovation and business/non-profit creation classes with the da Vinci Center.
  • Make sure to take INFO 165.
  • Be prepared for a challenging year of ACCT, ECON and math classes. Use tutoring at the Campus Learning Center and Studio BE to get ahead.
  • Apply for externships through the Economics Department.
  • Attend Career & Internship Fairs and other professional development events. 
  • Complete a “Gap Analysis” Strategic Plan with your academic or career advisor.
  • Complete a gap analysis with your career advisor to identify key skills required for your professional field.
  • Create an ePortfolio to document academic/professional experiences, accomplishments, and reflections.
  • Plan ahead to complete at least 2 internships before the start of your 4th year.
  • Seek out practical experience through independent skill-building, internships, shadowing, or part-time work.
  • Explore global career options with a career advisor to set goals for getting your dream job.
  • Organize examples of your academic and professional experiences, accomplishments, and reflections in an ePortfolio.
  • Attend career and internship fairs and other professional development events.
  • Pursue a digital badge to highlight the knowledge, skills, and experiences employers and graduate schools value.
  • Connect with alumni on VCULink for career advice, industry contacts, and meaningful professional relationships.
  • Consider who you would ask to serve as professional and academic references for future letters of recommendation. 
  • Get plugged into VCULink to connect with students and alumni.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Conduct informational interviews or shadow someone in a field of professional interest.
  • Ask a faculty or staff member to be your academic and professional mentor and to provide future letters of recommendation.
  • Meet with a coach at The Money Spot to set financial goals, understand student loans, and create spending plans.
  • Participate in Explore Informational Interviews and Connect Mentoring Program through Office of Student Engagement.
  • Join related professional organizations such as the Student Economics Association.
Year 3
  • Deepen your expertise at finding information in your discipline by working with your subject expert librarian & using research guides.
  • Enhance your business, software, technology and creative skills using LinkedIn Learning.
  • See your academic and career advisors regularly to discuss your progress towards graduation and career planning.
  • See your academic and career advisors to discuss graduation progress and career planning.
  • Enhance your business, software, technology, and creative skills using LinkedIn Learning.
  • Take ECON 300, ECON 301, and ECON 302.
  • Take summer or intersession classes to make up credits, if needed.
  • Consider applying for the accelerated 5-year BS to MA degree in Economics.
  • Update your business resume to include new experiences you have gained and skills you have developed. Submit to VMock and/or meet with a Career Coach in Business Career Services to update.
  • Attend the School of Business Career Fair.
  • Make a plan with your academic, career, and faculty advisors for applying to graduate school or land a micro-internship.
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Research graduate/professional schools at least 1 year in advance of deadlines. Study for and complete any exams the summer before senior year. 
  • Talk to advisors, faculty, and Business Career Services about graduate school versus a job.
  • Study for and complete any standardized exams required for graduate school the summer before senior year. 
  • Prepare for job offer negotiation by researching salaries, benefits, and other opportunities for flexibility.
  • Research and apply for an internship at the Federal Reserve of Richmond.
  • Connect with VCU Economics Students and Alumni on LinkedIn.
ExcelYear 4
  • Schedule an appointment with your academic advisor a semester before your anticipated graduation to ensure all graduation requirements will be met. 
  • Schedule an appointment with your academic advisor the semester before you graduate to ensure that all graduation requirements will be met.
  • Choose REAL electives to diversify your skillset and round out your degree.
  • Take an economics capstone course (ECON 431, 441, 442, 461, or 489).
  • Complete the BUSN 499 Business Knowledge Exam.
  • Take MGMT 434 in your final semester -- be aware of the multiple prereqs!
  • Conduct independent undergraduate research in ECON 492.
  • Carry out globally-oriented research projects with multilingual faculty and international partners.
  • Reflect on your own cultural competency, and be prepared to answer interview questions that outline how you have worked with diverse populations.
  • Meet with Business Career Services to identify how the international perspective of your coursework can be highlighted on your resume.
  • Read scholarly articles about diversity in your field.
  • Master your answers to interview questions about your experience working with diverse populations.
  • Read scholarly articles about diversity in your field.
  • Plan for how you will grow your cultural agility after graduation.
  • Update your business resume to include new experiences, skills, and high level academic projects. Submit to VMock and/or meet with a Career Coach in Business Career Services to update.
  • Complete exams, applications, or self-marketing activities for after graduation.
  • Engage with the VCU Alumni Association at Grad Fair, Grad Bash, and by joining a VCULink Industry Network and alumni chapter as you prepare to graduate.
  • Have a personal statement or cover letter reviewed and do a mock interview at Business Career Services. 
  • Prepare for graduation by making a plan to complete licensing exams, applications, and self-marketing activities.
  • Research prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Single out prospective employers and create a job or graduate school search strategy at least 8 months before graduation.
  • Have a personal statement or cover letter reviewed by Career Services. 
  • Connect with the Office of VCU Alumni Relations at Grad Fair, Grad Bash, and the VCULink Industry Network or alumni chapter.
View graphic versionView graphic versionView graphic version