• Roadmap 2: Econ Core

    Welcome to Econ Core, the Roadmap for sophomores and juniors in the econ program.
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  • Roadmap 2: Econ Core

    Objective: Check off the core classes in the major as you complete them; map your elective courses. 

    Step 1: Economics Core Classes

    Step 2: Meet with Faculty

    Step 3: Map Your Electives

     

    This Roadmap appears deceptively quick to complete. There are only three steps, but they will be completed over the span of two or three years, beginning in your freshman or sophomore year. We encourage you to come back to this roadmap regularly to update your progress in the major. This is a great tool to help you track requirements and plan ahead!

    To begin Roadmap 2: Econ Core, enter your information below then click "Next." At the bottom of each page, you'll see three buttons: "Back," "Save and Close," and "Next." The "Back" button will allow you to go back to a previous page. The "Save and Close" button will save your progress and allow you to return to the roadmap later by emailing you a personalized link. The "Next" button will take you to the next page in the roadmap.

    On the last page, you will see a "Submit Roadmap" button. When you have completed all the steps in the Roadmap, please click that button. You will still be able to view and edit your responses later, but your roadmap will be marked as complete.

  • The core classes in the economics major are listed below. These classes are all required. Please take the time now to plan your enrollment in these classes over the next few semesters. You can also plan your classes on MyMap and with your own planning system such as the Economics Major Checklist.

     

    Tips from the Economics Department:

    1. Take Econ 378 and Econ 388 in consecutive semesters. This will minimize the possibility of forgetting important material in the earlier course that you need to build upon in the latter course.
    2. We recommend that you likewise complete Econ 380 and 382 in consecutive semesters for the same reason.
    3. Take Econ 210 as early as possible. It is a prerequisite for Econ 382.
    4. Complete the 300-level courses as soon as possible. You will understand the concepts taught in your 400 and 500-level electives much better if you have a firm foundation of basic core concepts.
    5. Please note that if you declared your econ major after the start of fall semester 2021, you will be required to take Econ 398: Applied Econometrics (formerly Econ 488) as part of your core curriculum. If you declared your econ major before fall 2021, you may use Econ 398/Econ 488 as an elective course.

    For additional recommendations on the order of classes you should take, contact the Liberal Arts Advisement Center.

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  • Make an Appointment

    There are several advantages to meeting with a BYU Economics professor on an individual basis. First, you can explain your specific interests to someone who is extremely knowledgeable about the field of economics. You can discuss career options and the courses that would best prepare you for certain fields. Second, these faculty members were once in your shoes, and they are in touch with the field of economics in the real world. They can help you learn how to leverage your skills in the workforce. They can also give you advice on graduate schools. And, although the purpose of this interview is not to find a job, professors often know about job opportunities and research opportunities you may be interested in, especially within the department.

    View the full list of faculty members at economics.byu.edu/faculty. Clicking on a professor's name will take you to their profile page, where you can find individual contact information. It is usually best to reach out to professors you know from class or from work. Make sure to be polite and courteous in your email, and be respectful of your professor's time when you get to meet.

    You may click "Save and Close" to allow you to come back to this step after completing it. After you have attended your appointment, come back here to take notes and reflect.

  • As you complete the core econ classes, you are preparing to take the 400-level classes (the elective classes in the major). Your elective classes can help you specialize your skills. You do not formally declare a career track during the economics program, but taking certain electives will help you to become familiar with specific fields. Listed below are some common career tracks for econ grads along with the recommended electives for each track.

    To see more information about a career field, simply select it from the list below. Information regarding specific jobs and recommended electives will appear. Once you've looked through the options that seem most interesting to you, let us know which electives caught your eye. Doing so will be helpful to you whenever you register for classes, and your input will help the department adapt our course scheduling according to student interest.

  • Domestic Skills / Family Insights

    Economics provides helpful knowledge for making decisions in everyday life. With economics, one can confidently approach life questions, such as how desirable a certain financial investment opportunity is, whether or not to attend college or grad school, the benefits and costs of alternative careers, and the effects of public policies that include universal health care or a higher minimum wage.

    Recommended Courses:

    ​ECON 450 -- Financial Economics

    ECON 453 -- Monetary Theory and Policy

    ​ ECON 461 -- Economics of Education

    ECON 463 -- Economics of the Labor Market

    ECON 478 -- Game Theory and Economics​

  • Data Analysis

    Firms are looking for individuals who can sift through and evaluate massive amounts of data for a variety of purposes. Economics provides excellent training for such work, especially combined with additional technical skills (e.g. computer programming). To pursue this track consider the following:

    • Get a double major or add a minor in computer science or statistics
    • Complete at least one data analytics internship
    • Network with BYU Economics alumni who work in these types of careers

    Possible Career Opportunities:

    • Business Intelligence Analyst
    • Data Analyst
    • Data Scientist
    • Information Security Analyst
    • Product Manager
    • Statistical Analyst​

    Recommended Courses:

    ECON 484 -- Machine Learning for Economists

    ECON 398 -- Applied Econometrics

    For a complete list of suggested supplementary courses, visit the economics data analysis webpage.

  • Global Issues

    For students interested in large-scale impact, consider the international career opportunities you can have as an economics graduate. Possible Career Opportunities​: Foreign Currency Trader, International Trade Specialist, Labor Economist, Population Studies Analyst/Demographer

    Recommended Courses:

    ECON 431 -- Economic Development

    ECON 432 -- Economic Growth

    ECON 440 -- Natural Resources and Environmental Economics

    ECON 458 -- International Trade Theory and Applications

    ECON 459 -- International Monetary Theory

    ECON 463 -- Economics of the Labor Market

    ECON 465 -- Health Economics​  

  • Political / Pre-Law

    Economics is an excellent pre-law degree. It prepares you for the rigor of law school while training you to carefully weigh information when making decisions. Possible Career Opportunities: Budget Planning, Campaign Strategy, Government Contracting, International Development, International Relations, Lawyer, Litigation Analyst, Policy Analyst, Research

    Recommended Courses:

    ECON 420 -- Economics of Antitrust and Regulation

    ECON 421 -- Law and Economics

    ECON 463 -- Economics of the Labor Market

    ECON 475 -- Public Economics

    ​ECON 477 -- Political Economics​

  • Pre-Econ PhD

    PhD programs prepare students to independently produce economic research. PhD economists generally pursue careers in one of three areas: Academia, Government, or Industry (as Economic Consultants or In-House Economists). In preparation for an Econ PhD program, most undergraduates will include mathematics as a double major or at least a minor. View this document for more in-depth information on how to prepare for an economics graduate program.

    Recommended Courses:

    ECON 398 -- Applied Econometrics

    ECON 484 -- Machine Learning for Economists

    ECON 580 -- Advanced Price Theory

    ECON 581 -- Advanced Macroeconomics

    ECON 582 -- Topics in Mathematical Economics

    ECON 588 -- Advanced Econometrics

    For a complete list of suggested supplementary courses, visit the pre-econ PhD webpage. If you are even mildly interested in pursuing a PhD in economics, please review the roadmap titled "Econ: Grad School Preparation (Optional)." This roadmap will guide you through the grad school preparation process and give you a good idea of what to expect from getting a PhD.

  • Pre-MBA

    MBA programs help students learn the necessary skills to start and/or manage a business. Most programs require students to have two to five years of work experience before applying. Undergraduate economics students who plan to pursue an MBA in the future would benefit from doing the following: ​

    • Complete at least one internship
    • Get involved with business school clubs here
    • Graduate with at least one business-related minor (Business, Global Business & Literacy, Nonprofit Management, Strategy) ​
    • Network with BYU Economics alumni who work in business fields​

    Recommended Courses:

    ECON 257 -- International Trade and Finance

    ECON 398 -- Applied Econometrics

    ECON 450 -- Financial Economics

    ECON 458 -- International Trade Theory and Applications

    ECON 463 -- Economics of the Labor Market

    ECON 476 -- Industrial Organization​ 

  • Public Good / Social Innovation

    Possible Career Opportunities​: Actuary, Auditor, Business Forecaster, Commodities Trader, Credit Analyst, Financial Planner, Forecaster, Healthcare Administrator, Industrial Economist, Investment Analyst, Public Utilities Analyst, Research Data Analyst, Risk Analyst, Statistician, Treasury Management

    Recommended Courses:

    ECON 431 -- Economic Development

    ECON 432 -- Economic Growth

    ECON 440 -- Natural Resources and Environmental Economics

    ECON 463 -- Economics of the Labor Market

    ECON 465 -- Health Economics

    ECON 468 -- Urban Economics

    ECON 475 -- Public Economics​  

  • Urban Development

    Possible Career Opportunities​, Financial Planner, Forecaster, Industrial Economist, Labor Economist, Market Research Analyst, Supply Chain Analyst, Tax Economist, Urban/Regional Planner

    Recommended Courses:

    ECON 431 -- Economic Development

    ECON 432 -- Economic Growth

    ECON 440 -- Natural Resources and Environmental Economics

    ECON 458 -- International Trade Theory and Applications

    ECON 459 -- International Monetary Theory

    ECON 463 -- Economics of the Labor Market

    ECON 465 -- Health Economics

    ECON 468 -- Urban Economics

    ECON 476 -- Industrial Organization​

  • Here is a link to the department website which showcases specific career fields related to economics, and which our alumni are thriving in.

  • You can keep a record of your intended electives by navigating to https://economics.byu.edu/advisement and downloading the Economics Major Checklist.

  • Congratulations!

    You have completed the Econ Core Roadmap! Please take some time to answer the following questions so we can know how best to improve our Roadmaps.
  • Next up is Roadmap 3: Econ Graduation Year, which is linked and outlined below.

    Roadmap 3: Graduation Year

    Objective: Reflect on your strengths and weaknesses; prepare for graduation.

    Step 1: Introduction to Econ Graduation Year

    Step 2: Meet with Econ Faculty

    Step 3: Apply for Graduation

    Step 4: Graduation Appointment

    Step 5: Finish Career Readiness Roadmap  

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