Economics

Portia W. Benson, Assistant Professor

Matthew A. Cocks, Assistant Professor

Faculty from other disciplines also support this program. 

Economics is taught at Principia from the standpoint of concepts and principles. Learning these principles involves an integrated approach to the study of individual choice, markets of every kind, the physical environment, and the impact of governmental policies on these. Upon completion of this major, the student will be able to determine the appropriate response to a broad range of economic issues at the household, firm, national, and international levels. The student will also be able to appreciate and appraise alternative perspectives on key economic issues.

Students are encouraged to declare their major before the end of their sophomore year. Any student declaring the economics major after earning 60 semester hours must petition the department for approval of a graduation plan.

A cumulative GPA of 2.000 or above in the eleven major-required courses is necessary to complete the major. Similarly, a cumulative GPA of 2.000 or above is necessary to complete the minor.

Economics projects and independent study may be available by arrangement with economics faculty.

ECON 431 Evolution of Economic Thought must be taken at Principia College.

The application of transfer course credit to the major or minor is considered on an individual basis.

  1. For transfer students who have not yet attended Principia College: 
    For a major, transfer students must take at least five classroom courses (15 semester hours) from Principia economics departmental faculty. For a minor, transfer students must take at least three classroom courses (9 semester hours) from Principia economics departmental faculty.
  2. For students who are currently enrolled or were once enrolled at Principia College:
    Students are expected to complete remaining major/minor courses at Principia. Exceptions must be pre-approved according to Principia's transfer policy