Sophomore Open House March 31 2023 Why Study Economics Intellectual reasons Economics is a unique combination of Scientific method Social concerns Practical reasons Good starting point for professional schools ID: 998619
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1. The Economics MajorEconomics DepartmentSophomore Open HouseMarch 31, 2023
2. Why Study Economics?Intellectual reasons Economics is a unique combination ofScientific methodSocial concernsPractical reasonsGood starting point for professional schools. Good signal to employers.Good income prospects.
3. Career Choices: Class of 2022Based on survey administered in May 2022 to 122 majors from the graduating Class of 2022
4. Certificates Earned: Class of 2022
5. PrerequisitesECO 100ECO 101MAT 175 (or ECO 201 or MAT 201 or EGR 156)ECO 202 (or ORF 245 or “POL 345 + POL 346”) Grade of C or better in each. PDF acceptable if taken in Spring’20.All must be completed before starting Junior Fall term
6. Substitutes for PrerequisitesMicro, Macro: 5 on respective AP exam, or A on British A-level, or 7 on advanced IBMath: college level equivalent of MAT 175Statistics: AP 5, or A on A level, or 7 on IBOne pre-approved outside course is possible for Micro, Macro, or Math (but not for Statistics).
7. Structure of the MajorDepartmental Coursework: 55%Three core courses Micro, Macro, EconometricsMix and match math and less-math track versionsFive electives Up to two can be “cognates”Junior Independent Work (JIW): 15%Senior Thesis: 25%Senior Comprehensive Exam: 5%
8. Want to Study Abroad?Junior year Spring semester abroad is better from a JIW perspective.ECO 301 could only be offered in Spring term (few acceptable substitutes: Oxford, Bocconi).Senior year Conflicts with job market search and senior thesis.
9. Junior Independent WorkYear-long research project with two graded productsProspectus due in DecemberPaper due in AprilScaled-down version of senior thesisObjectives of JIW programExpose students to common tools used in economics researchTeach students how to do substantive research in an economics/finance area of their choice
10. JIW structureLectures and workshopsClass lecturesSmaller hands-on workshops (data sources, writing, STATA)Advising groups led by faculty advisors and AIsSmall groups of students with similar interests FinanceEnvironmental economicsDevelopment economics/laborInternational economicsHealth economicsMacroeconomicsEconomics of digitizationOne-on-one meetings with advisors and AIs
11. Independent Research JIW Orientation for SophomoresThursday, May 4th - 3 pm in-person, JRRB 198Summer Research GrantsApplication: one-page research plan, letter of support from PU faculty member, transcriptSubmit on SAFERolling deadline until April 30, 2023Questions: Prof. Kelly Noonan (knoonan@princeton.edu)
12. How to Declare MajorReview answers to Common Questions on ECO website.Select “Economics” on Registrar’s website: Mar. 30 – Apr. 17.Submit Academic Planning Form on TigerHub: Mar. 30 – Apr. 13Complete ECO 302/312 by Junior Fall. Complete ECO 300/310 and ECO 301/311 by Junior Spring. Keep Mon or Wed, 3 – 4:20 pm free for JIW.Enroll in Fall courses on April 19, 2023. (Course registration reopens on Aug. 29th)Questions: Gina Holland or Prof. Smita Brunnermeier
13. Internship Milestone CreditInternship must be:At least six weeks in lengthDirectly related to student’s majorSubmit to TigerHub after Majors Declaration: Transcript showing completion of ECO prerequisites Internship job descriptionCPT Application form