The course offerings of the Department are categorized as follows:
ECON 0100 (formerly ECON 1): Introduction to Microeconomics
ECON 0200 (formerly ECON 2): Introduction to Macroeconomics
See Advanced Placement Waivers for information on the Advanced Placement or International Baccalaureate exams and Credit for External Courses for what courses might be eligible to place out of ECON 0100, ECON 0200, and ECON 0110.
These courses have have as prerequisites ECON 0100 (formerly ECON 1) and/or ECON 0200 (formerly ECON 2), or ECON 0110 (formerly ECON 10). Some instructors expect students to know some basic calculus.
Course Incompatibilites
Note: The same course cannot be taken at both the lower level and the advanced 4000 (formerly 200) level. Thus, the following combinations of courses are incompatible: 0410 (formerly 30) and 4410 (formerly 231), 0420 (formerly 32) and 4420 (formerly 232), 0430 (formerly 33) and 4430 (formerly 233), 0450 (formerly 35) and 4450 (formerly 235), 0440 (formerly 36) and 4440 (formerly 234), 0630 (formerly 39) and 4460 (formerly 236).
These courses are numbered ECON 2XXX and include ECON 2100 (formerly ECON 101) Microeconomic Theory; ECON 2200 (formerly ECON 102) Macroeconomic Theory; ECON 2300 (formerly ECON 103) Statistics for Economists; ECON 2310 (formerly ECON 104) Introduction to Econometrics.
Mathematics Prerequisite: All intermediate-level courses require MATH 1400 (formerly MATH 104) or 1070 and MATH 1410 (formerly MATH 114) or 1510 (formerly 115) or 1080 as prerequisites. The department recommends the MATH 1070/1080 sequence, but MATH 1400/1410 (or 1510) will be accepted. Students in their sophomore year or beyond must have at least a B+ in MATH 1400 or 1070 to take ECON 2100 and MATH 1410 or 1510 or 1080 concurrently. Students who have waived out of MATH 1400 or 1070 and MATH 1410 or 1510 or 1080 may proceed to ECON 2100 with permission from the Department. Students who have waived out of MATH 1400 or 1070 only must complete MATH 1410 or 1510 or 1080 before enrolling in ECON 2100.
Further Prerequisites:
ECON 2100: requires ECON 0100 (formerly ECON 1) and ECON 0200 (formerly ECON 2). Wharton students who received a grade of at least A- in ECON 0110 (formerly ECON 10) can use ECON 0110 to satisfy the economics prerequisite. Wharton students who take ECON 0110 instead of ECON 0100 and ECON 0200 and have received a grade lower than A- will not be permitted into ECON 2100. The ECON 0100, 0200 prerequisite is waived for Networked and Social Systems Engineering (NETS).
Wharton students can satisfy the ECON 2100 prerequisite for ECON 2200 and ECON 2310 with BEPP 2500 (formerly BEPP 250) HONORS. The regular BEPP 2500 course does not count as a substitute for ECON 2100.
- ECON 2200: requires ECON 0100, ECON 0200, and ECON 2100.
- ECON 2300: requires ECON 0100 and ECON 0200
- ECON 2310: requires ECON 0100, ECON 0200, ECON 2100, and ECON 2300
These courses are numbered 4XXX (formerly 2XX). Advanced economics courses require some or all of the intermediate-level 2XXX courses as prerequisites. Moreover, these courses require two semesters of calculus (see Mathematics Prerequisite under Intermediate-Level Courses above.) In addition, the Department offers an Independent Study: ECON 4999 (formerly ECON 199) and an Honors Thesis course: ECON 4900 (formerly ECON 300).
Wharton students can satisfy the ECON 2100 (formerly ECON 101) prerequisite for ECON 2200 (formerly ECON 102) and ECON 2310 (formerly ECON 104) with BEPP 2500 (formerly BEPP 250) HONORS. The regular BEPP 2500 course does not count as a substitute for ECON 2100.