September 2008

New Intro Economics courses and how they affect you

Starting in September 2008, the Economics Department will no longer offer the traditional Intro Macro (Econ BC1001), Micro (Econ BC1002) sequence. We will instead offer 2 new courses:

Econ BC1003, entitled “Introduction to Economic Reasoning," will introduce students to fundamental economic issues, concepts, and institutions in a non-technical way, and explore the economy in relation to the broader society. This will be ideal for non-majors and also as a first course for potential majors.

Econ BC1007,entitled “Mathematical Methods for Economics," will focus on preparation for intermediate courses and will be suitable primarily for those students who are seriously considering the major.

To give you a clearer understanding of how new majors can satisfy the prerequisites for the intermediate macro/micro theory sequence as well as how AP credit and mathematical preparation affect which courses you should take, we have constructed the following table:

AP and Intro Credit table

AP credit

points

1st economics course to take at Barnard/Columbia

Math prerequistes for Intermediate Micro Theory Econ BC3035 *

none

none

Econ BC1003 or Econ W1105

Econ BC1007 or 1sem Calculus

Macro or Micro less than 4

none

Econ BC1003 or Econ W1105

Econ BC1007 or 1 sem Calculus

Macro or Micro 4 or 5 -- fails placement exam

none

Econ BC1003 or Econ W1105

Econ BC1007 or 1 sem Calculus

Macro or Micro 4 or 5 – passes placement exam

3 points

Econ BC3033 or Econ BC3035

Econ BC1007 or 1 sem Calculus or permission of the instructor

Intro Macro previously taken

3

Econ BC3033

 

Econ BC1007 or 1 sem Calculus or permission of the instructor

Intro Micro previously taken

3

Econ BC3033 or Econ BC3035

 

Econ BC1007 or 1 sem Calculus or permission of the instructor

* There are no mathematics prerequisites for Intermediate Macro Theory, Econ BC3033.