Topics of Interest

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125% Rule

Students that are paying the In-State Tuition Rate will be charged at the Out-Of-State Tuition Rate once they have completed 125% of the credit hours for their major. Economics, College of Science (ECAS) majors will be charged at the Out-Of-State rate once they register for the 151st credit hour. Economics, College of Business (ECON) majors will be charged at the Out-Of-State rate once they register for the 156.25th credit hour.

Academic Calendars

Academic Calendar the listing of dates by academic year.

Semester Deadlines for the current calendar listing specific semester deadlines

 Academic Probation

When a student’s Overall GPA falls below 2.000 the student is placed on probation by the College’s Academic Dean. The student will have one semester in which to complete no more than 16 credit hours and pull their Overall GPA up to at least 2.000. During the probation period the student will be required to complete an Academic Assessment Plan. The College’s Academic’s Dean Office will notify the student via when they are placed on probation. The email will contain the Academic Assessment form and instructions.

 Academic Warning

Regardless of a student’s current Overall GPA when a student fails to earn a semester GPA of at least 2.000 the College’s Academic Dean’s Office will notify the student via email. The email will contain instructions the student is required to complete for the Dean’s Office during the next semester and the Academic Warning Assessment form.

Advisor

The Undergraduate Advisor is the academic advisor for both Economics, College of Science (ECAS) and Economics, College of Business (ECON).

Contact Information

Erika Perdue

3030 Pamplin Hall  (Mail Code 0316)

880 West Campus Drive Blacksburg, VA 24061

540-231-7726

Office Hours: Office hours are walk-in hours and no appointment is required. Office hours are Monday through Friday 9:30-11:30am and 2:30-4:30pm.

Click here to email

Alternative Progress Toward Degree Plan/Department Policy 91 Plan

When a student is not going to be able to meet the Progress Toward Degree Requirements as stated in the Checksheet the student will be either placed on an Alternative Plan at the time they enter the major or notified by email in the semester prior to completing 72 credit hours. The plan is a list of the major required courses the student will be required to complete in the current semester and future semesters to remain in the major. Should the student fail to satisfy the requirements of the plan in any semester a hold will be placed on the student’s account. The hold will be removed only when the student changes their major to any major other than Economics.

Application for Degree

You have declared your major as Economics but you still need to apply for your degree. Applications for Degree should be submitted via Hokie Spa prior to the second semester of your Junior year. To complete the application go to Hokie Spa, click on Degree Menu, select Undergraduate Student Degree Menu, select Application for Degree, and follow the prompts.

By completing the Application for Degree you and your advisor will be able to generate a DARS Report that is specific to your graduation term. Also it will notify departments on campus of your intent to graduate so that they can make sure you receive the proper information regarding everything related to Commencement.

Authorization to Take Courses Elsewhere

Students may take courses at other institutions during any semester or term. However, the student must complete the Authorization to Take Courses Elsewhere form on which the student will list all of the courses they are planning to take. Those courses will be reviewed and approved as courses equivalent to Virginia Tech courses. The approval process can take several weeks so students should submit the completed form 4-6 weeks prior to the start of the term in which the courses will be taken.

Once the course is complete the student will need to have the other institution send an official transcript to the Virginia Tech Registrar’s Office for processing.

Economics, College of Science (ECAS) students click here to download the College of Science Authorization to Take Courses Elsewhere form.

Economics, College of Business (ECON) students click here to download the College of Business Authorization to Take Courses Elsewhere form.

BA/MA Program

The BA/MA Program is not appropriate for all students. Only students that meet the Preliminary Criteria are offered the opportunity to apply for admission to the BA/MA Program.

The program is designed for a student who is planning on pursuing a PhD in Economics or a Law Degree.

The Master’s Degree earned in the BA/MA Program is not the same as a regular Master’s. It is designed only to enhance the application of those entering a PhD program

For more information on the BA/MA Program click here

Careers in Economics

Click here for a list of positions held by recent graduates of the Economics programs in the College of Science (ECAS) and College of Business (ECON).

Changing Major From Economics

Each department has its own process for changing majors. To change to another major you need to contact the advisor in the other department and complete the process for that department.

Checksheets

Every major and minor offered at Virginia Tech is required to have an approved Checksheet.

The Checksheet is a list of courses and requirements that must be completed for a major.

Click the link below to view the Checksheets for Economics

Economics, College of Science (ECAS ) Checksheet

Economics, College of Business (ECON) Checksheet

Economics, Minor Checksheet

To see Checksheets for all majors click here

Course Catalog/Description

The Course Catalog provides a description of each course offered in a department. To see the University catalog and the course descriptions of ECON courses click here.

Course Request

The University designates a one-week time period during the prior term to allow entry of enrollment requests for a future term. Completing Course Request provides students with the best chance of being enrolled in the courses they most need in the next term. Students enter their request by using Hokie Spa.

Course Request Schedule

Spring – October

Summer – December

Fall – March

Course Withdrawal

A student can withdraw from a course after the Drop deadline has passed by using a course withdrawal. Students are allowed 3 course withdrawals during their academic career. The course will remain on the student’s academic transcript with a “grade” of W.

To Withdraw from a course students are required to complete the College’s Course Withdraw Form.

Economics, College of Science (ECAS) majors click here

Economics, College of Business (ECON) majors click here

Curriculum for Liberal Education (CLE)

Curriculum for Liberal Education (CLE) is made of seven areas of course work required of all students regardless of major. The courses required to complete the seven areas comprise about one-third of the total number of hours a student is required to complete in order for their degree to be awarded. The seven areas are:

1. Writing and Discourse- 2 courses in English

2. Ideas, Cultural Traditions, and Values – 2 courses in Social Sciences

3. Society and Human Behavior – 2 courses – Met by major

4. Scientific Reasoning and Discovery – 4 courses – 2 lectures and 2 labs in a single subject in Science (BIOL, CHEM, GEOS, PHYS)

5. Quantitative and Symbolic Reasoning – 3 courses in Math

6. Creativity and Aesthetic Experience – 1 course in Fine Arts

7. Critical Issues in a Global Context – 1 course in Social Sciences

Requirements and course options are based on the term in which the student enters Virginia Tech. For specific requirements click here.

Degree Audit Report (DARS)

The Degree Audit Reporting System (DARS) report is a computer generated report for undergraduate students that matches the requirements of a degree program with the courses a student has completed, is currently taking, or plans on taking in future terms. The audit identifies those graduation requirements that are completed as well as those requirements that still need to be completed.

To generate a DARS Report go to Hokie Spa and Request Degree Audit Report.

If you have applied for a degree you will be able to run an actual DARS.

If you have not applied for your degree you will need to run a What-If DARS and follow the prompts to generate a DARS Report based on your projected graduation term.

Double Major/Dual Degree

A student may decide to major in two programs. A student will then need to decide if the second major is going to be a Double Major or a Dual Degree. Both require the student to complete all of the degree requirements for both majors as stated on each Checksheet.

Double Major: when a student completes the degree requirements of both majors within the minimum number of hours required for the first degree. The student will be awarded a diploma for the first major and a certificate of double major the second major. The first degree cannot be awarded until the requirements of both majors are completed.

Dual Degree: when a student completes the degree requirements of both majors and at least 30 additional hours on top of the minimum number of hours required for the first degree. The student will be awarded a diploma for both majors. One advantage to a Dual Degree is that the second degree may be completed in a term after the completion of the first degree.

Students will need to work with the advisor of the second major to determine if the major should be awarded as a Double Major or a Dual Degree.

Drop/Add

A Specific period of time following Course Request in which a student can add courses to the current schedule for the upcoming term.

Students can also drop courses from their schedule during this time.

There is a period immediately following the release of schedules based on course request and another just before a term begins.

For actual dates for a term’s Drop/Add refer to the Registrar’s Office Academic Calendars.

To Drop or Add a course use Hokie Spa.

ECON Electives

An ECON Elective is any ECON course with a number between 3000-4999 that is used to complete the required 15 hours of ECON Electives.

ECON 2894, 3104, 3204, 3254, 4304, 4754, 4764, 4974, 4974H, and 4994 cannot be used to complete the ECON Elective requirement.

Exam Change – 3 in 24 hours

Students that have three Final Exams occur in a 24-Hour period can submit a request to the faculty of at least one of the courses to change the time at which they will take the Final Exam for that course. Click on the link below to access the form.

Economics, College of Science (ECAS) majors click here

Economics, College of Busiess (ECON) majors click here

Force Add

THE DEPARTMENT OF ECONOMICS DOES NOT FORCE ADD.

Force Add is the act of adding a student to a course that the student cannot add to their schedule using Course Request or Drop/Add. Other departments have their own force add policies. You need to contact the department to ask about their policy if you need to be force added to a course in a subject other than Economics.

Foreign Language

All students admitted to Virginia Tech are required to complete either three years of a single foreign language in high school or two years of two different languages in high school. Students that do not complete a foreign language in high school will have to complete a foreign language course before graduation. Undergraduate Admissions will determine if your high school language courses satisfy this requirement upon admission to Virginia Tech.

Free Elective

A Free Elective is any course in any subject that you take to count towards the required minimum number of credit hours required for your degree and Overall GPA. A Free Elective does not complete any degree requirement.

 Graduation/Commencement

The Department of Economics holds a ceremony for Economics, College of Science and Economics, College of Business graduates at the conclusion of the Spring semester. Information regarding this ceremony will be sent to graduation candidates the week after Spring Break.

Click here for the University Commencement website for the upcoming University Commencement. Fall information will be posted to this site in October. Spring Commencement Information is posted in March.

Handbooks

The Virginia Tech Student Handbook provides students with the rules and policies of Virginia Tech as well as resources about various aspects of life as a student.

To go to university handbook click here. The Undergraduate Catalog and Academic Policies provides student with those policies that are specific to academics.

The College of Science has an additional handbook for students majoring in (ECAS) Economics, College of Science.Click here for the College of Science handbook.

The College of Business has an additional handbook for students majoring in (ECON) Economics, College of Business.Click here for the College of Business handbook.

Holds

A hold is a block that is placed on your account because you have failed to complete a required action with a specific department on campus. All holds can be viewed in Hokie Spa. Each hold includes a description and an email to contact. Please contact the person indicated to discuss the hold.

Click here for an explanation of holds used by the Department of Economics.

Internships

Part-time jobs and internships are great ways to gain “real world” experience. There are many opportunities on campus to complete an internship. Please meet with the department advisor to discuss the internship process.

ListServ

The listserv is used by the Undergraduate Advisor to share important information via email with students in the ECAS and ECON majors. The listserv is updated regularly by the department and all current majors are automatically included on the listserv.

If you would like to be added to the listserv click here. In the Subject line enter Add to ListServ. Please include your VT email address and first and last name in the email.

If you would like to be dropped from the listserv click here . In the Subject line enter Drop from ListServ. Please include your VT email address and first and last name in the email.

Major Requirements

Economics, College of Science (ECAS) and Economics, College of Business (ECON) majors must complete the same major requirements as part of their degree. The courses required are:

ECON 2005 (Microeconomic Principles)

ECON 2006 (Macroeconomic Principles)

ECON 3104 (Microeconomic Theory)

ECON 3204 (Macroeconomic Theory)

ECON 3254 (Applied Data Analysis) or ECON 4304 (Econometrics)

15 hours of ECON Electives at the 3000 and 4000 level

STAT 3005 or BIT 2405-2406

More information about the requirements for majors can be found on the major’s checksheet

MATH Requirements

Since Economics is a Math intensive major each student is required to complete an accepted sequence of Math courses.

A student must complete one of the following sequences before taking ECON 3104, Microtheory.

1. MATH 1225, 1226, and 2114 with at least a C- in each course.

2. MATH 1014, 1025, and 1025 with at least a B- in each course.

3. MATH 1525 and 1526 with at least a B- in each course.

Economics, College of Business (ECON) students that enter VT in Fall 2014 or later will need to complete one of the following.

1. MATH 1225, 1226, and 2114 with at least a C- in each course.

2. MATH1525 and 1526 with at least a B- in each course.

Minor

A Minor is the completion of a particular set of courses within a major that is less than the total amount of work required to complete a major.

To add a minor you will need to contact the advisor for the department of the minor you wish to add.

Click here for the Department of Economics minor.

For the Registrar’s Office list of all minors offered at Virginia Tech click here.

Overhours

Students are limited to 19 credit hours per semester. However, students can take more than 19 credit hours in a single semester by completing an Overhours form. The form requires the student to list all courses they intend to take during the term in which they are requesting an Overhours waiver. The form will need to be submitted to the College’s Dean’s Office before the last day to add courses.

Economics, College of Science (ECAS) majors click here to download the Overhours form.

Economics, College of Business (ECON) majors click here to download the Overhours form.

Pass/Fail

Pass/Fail is when a student makes a request to the Registrar’s Office to take a course that is normally graded on an A-F scale either Pass or Fail. Students are allowed 10% of their coursework to be Pass/Fail. Courses that are used to complete the Curriculum for Liberal Education (CLE Areas), College requirements, or Major requirements cannot be taken Pass/Fail.

If a course is taken Pass/Fail and passed the credit hours are added to the minimum number of credit hours required for the degree but there is no impact on the student’s GPA. If a course is taken Pass/Fail and failed no credit hours will be earned and a grade of F will be calculated into the student’s GPA for the course.

Prerequisites

Prerequisites are courses that must be completed before a student can take a particular class. These courses must be completed before the student can Course Request or Drop/Add the course with the prerequisites. Students can find the prerequisites for a course by clicking on the CRN of the course on the University Timetable.

 Progress Toward Degree (Policy 91)

The Department of Economics requires students in both Economics, College of Science (ECAS) and Economics, College of Business (ECON) to meet the following Progress Toward Degree requirements.

1. Upon having attempted 72 credit hours a student must have completed ECON 2005, 2006, 3104, 3204, and STAT 3005 or BIT 2405-2406 with at least a C in each course.

2. None of the above courses or any course taken to complete the major requirements can be repeated more than once.

3. A student must be enrolled in at least two ECON courses or courses that are the prerequisites of courses required to meet progress toward degree.

4. A 2.000 Overall and In-Major GPA must be met and maintained.

5. No more than 3 ECON courses can be repeated.

If a student attempts 72 credit hours and the above requirements are not met a hold will be placed on the student’s account and the student will have to change majors.

Economics, College of Business (ECON) majors must also meet the College of Business Policy 91 requirements. Click here to be taken to the College of Business website regarding Policy 91.

Study Abroad

Students can participate in university sponsored programs that allow the student to travel to a foreign country to experience the culture and complete coursework during their visit that will transfer back to Virginia Tech.

Click here for more information on Study Abroad programs.

Term Resignation

After the first day of class during any term a student may need to resign from the term. This means that the term will remain on the student’s academic transcript but a note will be added that the student resigned and no grades will be given for courses the student enrolled in for the term.

To resign a student needs to complete the University Resignation/Withdrawal form and follow the processing instructions.

To download the form click here

Timetable

The Timetable is the list of all classes that are being offered in a given term. The courses can be searched by CLE Area or subject. The Timetable for a particular term is posted by the University Registrar’s Office prior to opening of the Course Request period for the term and remains viewable until the end of the term.

To view the current Timetable go to Hokie Spa and click on the Timetable link at the bottom of the page.

Tutoring Center

The Department of Economics offers free one-on-one tutoring to any student enrolled in ECON 2005 (Microprinciples) or ECON 2006 (Macroprinciples).  The Center is staffed Monday, Tuesday, and Thursday from 6-8pm and Wednesday from 5-7pm. Tutoring for ECON 3104 (Microtheory) and ECON 3204 (Macrotheory) is available during review sessions offered by the Professor. The location of the Tutoring Center varies. Instructors of ECON 2005 and 2006 will post the location of the Center on the class syllabus.

Transcripts

Transcripts are the official record of your academic history. The Registrar’s Office prints and distributes all official transcripts. To order an official transcript you need to go to Hokie Spa and click Order Transcript. There is a fee for each transcript ordered that must be paid when the order is placed in Hokie Spa.

You can also print an Unofficial Transcript from Hokie Spa.

Transfer Credits

Virginia Tech accepts coursework completed elsewhere if the work meets certain criteria. This work includes Advanced Placement (AP), International Baccalaureate (IB), Credit by Exam (CLEP), Community College courses, and other 4-Year Institutions courses.

To find if coursework taken elsewhere is accepted by Virginia Tech the Registrar’s Office provides a comprehensive Transfer Guide. To access the Transfer Guide click here

To access the AP, IB, and CLEP Guide click here

Undergraduate Research/Independent Study

Independent Study (ECON 4974) is an option for students that want to work with faculty in the department that are currently conducting research. The student will assist the faculty member with the research.

Undergraduate Research (ECON 4994) is an option for students that have previously developed their own focus of research. The student completing Undergraduate Research must find a faculty member in the Economics Department who is willing to sponsor their research. The student will have to submit a research proposal as part of their request to add the course.

To add either an Independent Study or Undergraduate Research a student must complete the Undergraduate Research/Independent Study form for their college.

Economics, College of Science (ECAS) majors will need to download the College of Science Undergraduate Research/Independent Study form.Click here to download the form. Click here to download instructions.

Economics, College of Business (ECON) majors will need to download the College of Business Undergraduate Research/Independent Study form. Click here to download the form.

University Resources

There are many offices on campus that will assist students. These office focus on providing additional education support in the classroom, medical and mental assistance, study skills, and career services.

Dean of Students Office

Cook Counseling

Schiffert Health Center

Office of Residence Life

Services for Students with Disabilities

Office of Student Conduct

Smith Career and Professional Development Center

Withdraw from Term

Once a student has completed Course Request or added any course to their schedule for a term the student is responsible for all fees associated with the registration. Prior to the beginning of the term the student may decide not to return to Virginia Tech for the term. A student must then submit a Term Withdrawal form to the Registrar’s Office before 5pm on the first day of the term they are not going to attend.

A withdrawal after the first day requires the same form to be completed but a signature of the Dean will be required.

Click here to download the form