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Business program

The Honors Track in Economics is available to students completing the Bachelor of Science in Business with a major in Economics. It provides the opportunity to pursue a more challenging path of meeting degree requirements. In addition to maintaining a higher GPA, this path requires the demonstration of more quantitative and writing skills than the basic requirements for the Economics major. The student successfully completing this track would graduate with departmental honors.​ 

Program Requirements Quarter Hours
Business Core Requirements 60
Liberal Studies Requirements 72
Major Requirements 38
Open Electives 22
Total hours required 192

Learning Outcomes

Core Outcomes

  • ​​Use analytical and reflective skills in decision-making.
  • Communicate effectively both orally and in writing.
  • Recognize legal and ethical issues confronting them.
  • Contribute to the performance of a group within a business setting.
  • Know the differences among global economies, institutions, business practices and cultures.
  • Acquire knowledge of the functional areas of business and the interrelationships among the functional areas within a business.

​Program Specific Outcomes

Students will be able to: 

  • Define economic concepts needed to analyze issues in the business and popular press
  • Identify the function of key economic institutions, such as the Federal Reserve System.
  • Employ an economic theory or model to analyze the impact of changes in economic variables.
  • Assess the potential impact of government interventions on individuals, markets, and/or the macroeconomy.
  • Apply economic concepts/models in a variety of fields within economics (e.g., Labor Economics, Health Economics, Urban Economics, International Economics, Development Economics, History of Economic Thought, etc.)

College Core Requirements

Business Core Requirements

All undergraduate students in the Driehaus College of Business complete foundational courses in the areas of accountancy, economics, finance, management, and marketing. The core curriculum also includes courses that emphasize the increasingly quantitative and technological nature of business, the importance of the entrepreneurial mindset, and how students can use their business education to address important social challenges.

Course Requirements

For a student to complete the Bachelor of Science in Business, the following Business Core courses totaling at least 60.0 hours are required:

Course Title Quarter Hours
Business Core Courses
ACC 101INTRODUCTION TO ACCOUNTING I 14
ACC 102INTRODUCTION TO ACCOUNTING II 14
BUS 101INTRODUCTION TO DRIEHAUS: BUSINESS FUNDAMENTALS AND THE ENTREPRENEURIAL MINDSET4
BUS 102BUSINESS ANALYTICS4
BUS 103BUSINESS FOR SOCIAL GOOD4
ECO 105PRINCIPLES OF MICROECONOMICS4
ECO 106PRINCIPLES OF MACROECONOMICS4
FIN 310INTRODUCTION TO FINANCE4
MAT 137BUSINESS STATISTICS4
MGT 300PRINCIPLES OF MANAGEMENT4
MGT 301PRINCIPLES OF OPERATIONS MANAGEMENT4
MKT 301PRINCIPLES OF MARKETING4
Business Technology 2
Select one of the following:4
BUSINESS TECHNOLOGY
INTRODUCTION TO COMPUTER SCIENCE I
SYSTEMS ANALYSIS AND DESIGN
Business Communication 3
Select one of the following:4
EFFECTIVE BUSINESS COMMUNICATION
BUSINESS AND PROFESSIONAL COMMUNICATION
Global Business Perspective 4
Select one of the following:4
EUROPEAN ECONOMIC HISTORY
RADICAL RESPONSES TO CAPITALISM
TOPICS IN GLOBAL ECONOMIES
UNDERSTANDING CHINA'S ECONOMY
ECONOMICS OF LOW-INCOME COUNTRIES
INTERNATIONAL TRADE
INTERNATIONAL MONETARY ECONOMICS
ECONOMICS OF THE EUROPEAN UNION
INTERNATIONAL FINANCE
GLOBAL IPOs & VENTURE CAPITAL
INTERNATIONAL BUSINESS SEMINAR
GLOBAL HUMAN RESOURCE MANAGEMENT
INTERNATIONAL BUSINESS
MARKETING ACROSS CULTURES: A CULTURAL PERSPECTIVE ON MULTICULTURAL MARKETS
MARKETING IN A GLOBAL ENVIRONMENT
INTERNATIONAL MARKETING
WORK IN A GLOBALIZED WORLD
A course taken as part of a term-long study abroad program
1

Strobel students take specially designated sections of all required ACC classes, including ACC 101 and ACC 102 (excluding ACC 250, ACC 300, ACC 301).​

2

Actuarial Science and Economic Data Analytics majors must take CSC 241.

MIS majors must take MIS 360.

3

MKT majors and Sales minors must take MKT 276.

4

A course taken for Global Business Perspective that is in a student's major or minor field must be completed with a minimum grade of C- .

Business Core Timeline

  • BUS 101BUS 102 and BUS 103 are intended to be completed by students during their first year of enrollment in the college.  
  • Business core requirements may be prerequisites to other courses.
  • Planning is essential to a student’s graduation timeline.
  • Academic advisors work with students to co-create customized degree completion plans and assist with balancing course load.

Business Ethics

All undergraduate students in the Driehaus College of Business complete a course in Business Ethics. It is recommended students take MGT 248 or PHL 248 in Philosophical Inquiry or MGT 228 or REL 228 in Religious Dimensions in the Liberal Studies Program (or University Honors Program) Requirements.

Second Majors and Minors

The addition of a second major or minor may affect the Business Core classes required for a student. Meet with an academic advisor to confirm requirements.

Business Technology requirement for all business majors (except Management Information Systems majors)

  • Business Technology requirement may be replaced by CSC 243.

Math requirement for all business majors (except Actuarial Science majors)

​​Global Business Perspective

If an ECO course is shared between Global Business Perspective and the Economics major, additional hours of Open Elective credit are required.

Grade Minimum Requirements for Economics Major

A minimum grade of C- is required for the following: ACC 101, ACC 102, BUS 101, BUS 102, BUS 103, BUS 202, ECO 105, ECO 106, MAT 137, and any ECO course used for Global Business Perspective.

Liberal Studies Requirements

Honors program requirements can be found in the individual Colleges & Schools section of the University Catalog. Select the appropriate college or school, followed by Undergraduate Academics and scroll down.

Plan of Study Grid
First Year ProgramHours
Chicago Quarter
LSP 110
DISCOVER CHICAGO
or EXPLORE CHICAGO
4
Focal Point
LSP 112 FOCAL POINT SEMINAR 4
Writing
WRD 103 COMPOSITION AND RHETORIC I 1 4
WRD 104 COMPOSITION AND RHETORIC II 1 4
Quantitative Reasoning
Not Required
Sophomore Year
Race, Power, and Resistance
LSP 200 SEMINAR ON RACE, POWER, AND RESISTANCE 4
Junior Year
Experiential Learning
Required 4
Senior Year
Capstone
BUS 392 SENIOR SEMINAR 1 4
1

Students must earn C- or better in this course.

Learning Domains

Arts and Literature (AL)

  • 3 AL Courses Required

Historical Inquiry (HI)

  • 2 HI Courses Required

Math and Computing (MC)

  • Not Required

Philosophical Inquiry (PI)

  • 2 PI Courses Required1

Religious Dimensions (RD)

  • 2 RD Courses Required1

Scientific Inquiry (SI)

  • 1 Lab Course Required

Social, Cultural, and Behavioral Inquiry (SCBI)

  • 1 SCBI Course Required
1

PHL 248 / MGT 248 is required in PI or REL 228 / MGT 228 is required in RD.

Notes

Specified required courses within Liberal Studies may have grade minimums (e.g. C- or better). Please consult your advisor or your college and major requirements.​

Courses offered in the student's primary major cannot be taken to fulfill LSP Domain requirements. If students double major, LSP Domain courses may double count for both LSP credit and the second major. Students who choose to take an experiential learning course offered by the major may count it either as a general elective or the Experiential Learning requirement.

In meeting learning domain requirements, no more than one course that is outside the student’s major and is cross-listed with a course within the student’s major, can be applied to count for LSP domain credit. This policy does not apply to those who are pursuing a double major or earning BFA or BM degrees.

Major Requirements

Invitation

Economics majors will be invited each term to participate in the Honors Track if they meet the following criteria:

  • Have completed ECO 305 and ECO 306 with a minimum grade of B- in each course
  • Have a minimum GPA of 3.300 in all Economics (ECO) courses taken at DePaul

Course Requirements

In addition to ECO 105 and ECO 106, a student majoring in the Honors Track in Economics is required to complete the following courses totaling 38.0 hours:

Course Title Quarter Hours
ECO 250CAREER PREPARATION FOR ECONOMICS MAJORS2
ECO 304ANALYTICS FOR ECONOMICS4
ECO 305INTERMEDIATE MICROECONOMICS (with a B- minimum grade)4
ECO 306INTERMEDIATE MACROECONOMICS (with a B- minimum grade)4
ECO 315INTRODUCTION TO MONEY AND BANKING4
Select one from either:4
TIME SERIES ANALYSIS (with a B- minimum grade)
ECONOMIC ANALYTICS USING SAS & R (with a B- minimum grade)
Select one from: 4
MATHEMATICAL ECONOMICS
BUSINESS CALCULUS I
CALCULUS I
CALCULUS FOR MATHEMATICS AND SCIENCE MAJORS I
CALCULUS FOR LIFE SCIENCES I
Select one Advanced Economics Elective of the following completed at DePaul with a B-minimum grade:4
MARKET STRUCTURE AND REGULATION OF BUSINESS
ECONOMICS OF THE PUBLIC SECTOR
DEVELOPMENT OF ECONOMIC THOUGHT
BEHAVIORAL ECONOMICS
DEVELOPMENT ECONOMICS
TIME SERIES ANALYSIS
ECONOMIC ANALYTICS USING SAS & R
GAME THEORY
Any other ECO course that carries a prerequisite of ECO 304, ECO 305 or ECO 306
Select two electives of the following:8
MANAGERIAL DECISION MAKING
BUSINESS STRATEGY
URBAN ECONOMICS
THE CHICAGO ECONOMY
MARKET STRUCTURE AND REGULATION OF BUSINESS
ECONOMICS OF THE PUBLIC SECTOR
EUROPEAN ECONOMIC HISTORY
AMERICAN ECONOMIC HISTORY
LABOR ECONOMICS AND ORGANIZATION
ECONOMICS AND GENDER
ECONOMICS OF RELIGION
LAW & ECONOMICS
FINANCIAL MARKET REGULATION
THE ECONOMICS OF POVERTY
HEALTH ECONOMICS
RADICAL RESPONSES TO CAPITALISM
TOPICS IN GLOBAL ECONOMIES
UNDERSTANDING CHINA'S ECONOMY
SUSTAINABLE STRATEGIES FOR ENERGY AND THE ENVIRONMENT
EXPLORING ECONOMICS & STATISTICS THROUGH SPORTS
DEVELOPMENT OF ECONOMIC THOUGHT
BEHAVIORAL ECONOMICS
DEVELOPMENT ECONOMICS
ECONOMICS OF LOW-INCOME COUNTRIES
INTERNATIONAL TRADE
INTERNATIONAL MONETARY ECONOMICS
ECONOMICS OF THE EUROPEAN UNION
TIME SERIES ANALYSIS
ECONOMIC ANALYTICS USING SAS & R
GAME THEORY
GLOBAL ECONOMIC HISTORY (multiple topics may be used)
INDEPENDENT STUDY

ECO 393 may not be used towards the major.

ECO 395 may not be taken by students in the Driehaus College of Business.

Career Management Course

Students are required to complete the Career Course (250) associated with the major. Students who double major may choose the Career Course (250) associated with either major provided that hours for graduation are satisfied. Students should take the Career Course as soon as possible.

Global Business Perspective

If an ECO course is shared between Global Business Perspective and the Economics major, additional hours of Open Elective credit are required. Any ECO course must be passed with C- or higher.

Open Electives

Open elective credit (22.0 hours) is needed to meet the minimum graduation requirement of 192 hours.

Additional Requirements

Honors Track students must maintain a minimum GPA of 3.300 (B+ average) in all Economics (ECO) courses taken at DePaul.

Honors Track students must submit a paper written for any economics class that meets the following criteria:

  1. the student earned a B+ or better on the paper
  2. the paper contained a literature review based on at least 5 sources; and
  3. the paper was at least 10 pages OR used econometrics.
  4. the paper was sole-authored
    This requirement must be satisfied using a paper from a course taken at DePaul. Students should contact the Director of the Undergraduate Economics Program for submission guidelines. 

Combined Bachelor’s + Master’s Program Participants

Students admitted to the Economics Combined Bachelor’s + Master’s program may apply up to three approved graduate course(s) towards undergraduate Economics major electives.

Graduation Requirements

All Economics (ECO) courses and any other courses used toward the Economics Honors major must be completed with a minimum grade of C- unless otherwise noted above and with a combined GPA of 2.000 or higher. Economics ​​Honors students must maintain a minimum GPA of 3.300 (B+ average) in all Economics (ECO) courses taken at DePaul.

Sample Schedule

​Students interested in pursuing the Honors Track in Economics are advised to complete the following courses according to the sequence found below:

Course Title Quarter Hours
1st or 2nd Year
ECO 105PRINCIPLES OF MICROECONOMICS4
ECO 106PRINCIPLES OF MACROECONOMICS4
MAT 137BUSINESS STATISTICS4
One term of Calculus (MAT 135, MAT 150, MAT 160, MAT 170)4
2nd or 3rd Year
ECO 250CAREER PREPARATION FOR ECONOMICS MAJORS2
ECO 304ANALYTICS FOR ECONOMICS4
ECO 305INTERMEDIATE MICROECONOMICS4
ECO 306INTERMEDIATE MACROECONOMICS4
ECO 315INTRODUCTION TO MONEY AND BANKING4
Advanced Economics Electives (selected from approved courses)​4
2nd through 4th Year
ECO 376 TIME SERIES ANALYSIS or ECO 377 ECONOMIC ANALYTICS USING SAS AND R4
Additional Economics Electives (2 courses required)​8