Economics

The undergraduate major in economics is one of the most popular offered at UCLA. It is a competitive major providing students with rigorous training in both theoretical and empirical approaches to real world problems. In doing so, we equip our students with the skills needed for successful careers in a variety of fields including government, industry, and finance. More broadly, an economics degree encourages students to think critically about the world around them and provides a framework in which to analyze human behavior. Our major also serves as excellent preparation for advanced degrees in many fields.

Pre-Major

• Class
• Economics 1
• Economics 2
• Economics 41
• Math 31A
• Math 31B
• Economics 11
• Any L&S Writing II Requirement

Major

• Class
• Economics 101
• Economics 102
• Economics 103 and 103L/Economics Elective *
• Economics Elective
• Economics Elective
• Economics Elective
• Economics Elective
• Economics Elective
• Economics Elective

Pre-Major Requirements

Complete all pre-major courses with a minimum 2.5 grade point average and a "C" or better in each course. Note that your grade in the Writing II course is not calculated into the pre-major GPA, but you must earn a minimum grade of "C" in it.If you are a transfer student, your grades in pre-major courses taken prior to entering UCLA will be calculated into your pre-major GPA (each course will be calculated as four quarter units). Applications to enter the major are accepted year-round. You must apply for the major between 72 and 135 units. (AP units will not be included if they bring your total over 135.)

All courses for both the pre-major and the major must be taken for a letter grade.

You are allowed a maximum of one course repeat in the pre-major and you can repeat that one course one time only.

You must be in good standing at UCLA at the time you apply in order to be considered for admission. This means that you cannot be on Probation or Subject to Dismissal status.

You are permitted to enroll in upper division Economics courses prior to being admitted to the major (except for courses restricted to Business-Economics majors (Economics 106's)) provided you have fulfilled the prerequisites for the courses. Most upper division Economics courses require completion of at least Economics 11 and many also require completion of Economics 101 and/or 102. Prerequisites will be enforced by URSA and no exceptions will be granted.

Please note that you are subject to any requirement changes in both the pre-major and the major until you are officially admitted to the major. You are not "protected" for the major requirements under the catalog in which you were admitted to UCLA. Your "protection" applies only to General Education and other University and College requirements (such as English Composition and Quantitative Reasoning). Subscribe to Econ-Alert for requirement updates.

Major Requirements

You must complete the courses in the major with a minimum 2.0 grade point average.You must receive a minimum grade of a "C-" or above in Economics 101, 102, 103 and 103L.

Economics 102 should be taken soon after Economics 101 (Economics 11, 101, and 102 must be taken in sequence).

*Students admitted to the major Fall Quarter 2011 or later must complete Economics 103 and 103L, and six Economics electives for the major. Students who entered the major prior to Fall Quarter 2011 are not required to take Economics 103 and 103L, although Economics 103/103L is still an option as one of the seven Economics electives. Note that some Economics elective courses will have Economics 103/103L as a prerequisite.

Students majoring in Economics are permitted to substitute two upper division Management courses for two upper division Economics electives. You may select from Management 120A, 120B, 122, 127A, 130A, 130B and 180(Real Estate Finance only) .

Requirements

• To be considered for admission to UCLA, international students must have completed secondary school with a superior average in academic subjects and have earned a certificate of completion which enables the student to be admitted to a university in the home country.
• All freshman applicants are expected to take the following tests: The ACT Assessment plus the ACT Writing Test. - or - The SAT Reasoning Test. Note: you must complete the essay portion of the SAT. We will not accept your scores if you opt not to write the essay.
• UCLA requires records from all secondary schools attended, showing subjects taken and grades received as well as any national or government certificates earned. Documents of all college or university coursework must also be sent in the original language, along with English translations. Do not send these documents now. If you apply and are admitted to UCLA, your admission packet will contain instructions on how to send your original records to us.
• Test of English as a Foreign Language (TOEFL)
• A competitive score is above 100 (with sub-scores above 22).
• International English Language Testing System (IELTS)
• A competitive score is 7 or higher.

Scholarships

UCLA does not award scholarships or financial aid to undergraduate students who are not citizens or permanent residents of the United States. International students must prove that they have sufficient funds available to them to pay for their educational and living expenses. For example, students admitted to Fall Quarter 2016 will need a minimum of about $60,000 (with an additional $5,000 recommended for additional personal expenses, contingencies and summer expenses). This minimum amount usually grows each year.

UCLA also requires that all international students on non-immigrant visas have adequate medical insurance during all periods of enrollment. More information about these requirements will be sent to students when they are admitted.