Loyola University Chicago offers two undergraduate programs in economics:

• Bachelor of Business Administration (B.B.A.) degree through the School of Business Administration
• Bachelor of Arts (B.A.) degree through the College of Arts and Sciences

The undergraduate program in economics is academically strong given the number of faculty holding Ph.D. degrees from well-known universities; the quality and quantity of faculty research from nationally and internationally known schools; the various  leadership positions in professional associations held by faculty; and the quality of the universities that accept our students into their graduate programs.

About the Economics Department

The Department of Economics strives to:

• Equip students with a knowledge of principles, theories and concepts of economics and business, which will help them to become responsible and successful leaders in their chosen fields
• Establish a foundation for graduate studies for students who plan to continue their education
• Prepare students who are seeking careers in public and not-for-profit sector service
• Emphasize personal guidance for students

Degree Requirements

B.B.A. degree: In addition to Core Curriculum and Business Core Curriculum requirements, students pursuing the B.B.A. degree in economics must complete 15 credit hours in the following courses:

• ECON 304. Macroeconomics
• Four additional 300-level economics courses

B.A. degree: In addition to fulfilling courses in the Core Curriculum and general electives, students enrolled in the College of Arts and Sciences must complete 10 economics courses, calculus and statistics:

• ECON 201. Principles of Economics I (Micro) 
• ECON 202. Principles of Economics II (Macro)
• ECON 303. Microeconomics
• ECON 304. Macroeconomics
• Six additional 300-level economics courses
• MATH 131 or 161
• STAT 103 or equivalent

Students wishing to pursue doctoral study in economics are advised to take additional mathematics courses including the calculus course sequence (MATH 161, 162 and 263); linear algebra (MATH 212); and two 300-level mathematical statistics courses (STAT 304, 305). Students should consult with their economics advisor about completing mathematics courses.

Important Details:
At the discretion of the SBA assistant dean, a maximum of one transfer course, taken prior to matriculating at Loyola University Chicago, may be allowed. A 2.0 average GPA is required for all attempted business courses. SBA students are limited to double dipping one course between majors/minors, while Non-SBA students are limited to double dipping two courses between SBA minors.