To be eligible for admission to the Undergraduate Economics Honors Program, the student must:
- Complete Intermediate Micro Theory (Econ 30010), Intermediate Macro Theory (Econ 30020), and Econometrics (Econ 30331) with minimum grade point average in these courses of A- (3.667), OR
- Have a minimum cumulative GPA of 3.4 and minimum GPA of A- (3.667) in Principles of Microeconomics (Econ 10010/10011/20010/20011), Principles of Macroeconomics (Econ10020/20020), Intermediate Micro Theory (Econ 30010), Intermediate Macro Theory (Econ 30020), Statistics for Economists (Econ 30330), and Econometrics (Econ 30331)).
The Undergraduate Economics Honors Program requires that the student complete an enriching experience. The following qualify as an enriching experience:
- Completion with a grade B+ or higher of an “advanced methods” course, defined as a 4xxxx level course in which students are required to apply the methods of modern economic research. See an Economics advisor or the Director of Undergraduate Studies for approval of this course.
- Completion with a grade of B or higher of a course in the core of the graduate program in economics.
- Completion of some substantive out-of-classroom activity directly related to the study of economics, such as presentation of the student’s own original research at an external conference, an undergraduate research assistantship, an internship, or community service.
All of these activities need to be pre-approved. Students who want pre-approval for a specific activity should submit a written request with other supporting materials to the Director of Undergraduate Studies in Economics who will make recommendations to the Economics Working Committee, which is responsible for final decisions.
Faculty who wish to have an undergraduate course serve as an advanced methods course should submit a syllabus and other supporting material to the Director of Undergraduate Studies in Economics who will make recommendations to the Economics Working Committee, which is responsible for final decisions. “Advanced method courses” are likely to be a subset of those courses that can be used to satisfy the Advanced Course Requirement for the completion of the major.
The capstone experience represents the final requirements for the Undergraduate Economics Honors Program. This experience involves three elements:
- If offered, completion of a one-credit honors seminar in each semester of the senior year. The seminar would not only provide instructional support for these students, but also require each student to present progress reports to their peers at regular intervals. These seminar credits would not count as hours toward the major (i.e., would not substitute for 3xxxx or 4xxxx elective economics courses) and would be graded on a satisfactory/unsatisfactory basis. These seminars would be open to juniors in the honors program who want advanced insight to what the honors essay entails.
- Completion with a grade B+ or higher of a three-credit senior honors essay in each semester of the senior year under the direction or co-direction of an economics faculty member. These credits can be counted as economics electives toward the major and can be used to satisfy the major’s writing intensive requirement. The results of the essay must be presented at an economics seminar open to the public during the end of second semester of each academic year.
- Participation in all College of Arts and Letters events for departmental honors students.
*For those in the Glynn Family Honors Program, the thesis requirement may be satisfied by the requirement for that program. For the department of Economics, permission is required from the Director of Undergraduate Studies.
The power of economics, said Greg Duffy ’15, is that the intangible becomes tangible. Duffy, who majored in economics and sang in an a capella group at Notre Dame, now uses that power to help connect artists with new audiences as a research analyst at the music-streaming service Pandora.