Introduction
The University of California, Los Angeles (UCLA) Department of Economics is a premier institution for undergraduate economics education. The major offers a rigorous and comprehensive curriculum that equips students with the analytical skills, economic knowledge, and problem-solving abilities essential for success in various careers and graduate programs.
Course Requirements
To complete the UCLA Economics major, students must fulfill the following course requirements:
Core Courses
| Course | Units | Requirement |
|---|---|---|
| Economics 1 | 5 | Prereq: Math 31A or 31AH |
| Economics 2 | 5 | Prereq: Math 31A or 31AH |
| Economics 3 | 5 | Prereq: Econ 1, 2 |
| Economics 11 | 5 | Prereq: Econ 1, 2 |
| Economics 111 | 5 | Prereq: Econ 3, 11 |
| Mathematics 31A or 31AH | 5 | Calculus I |
| Mathematics 31B | 5 | Calculus II |
Upper-Division Electives
Students must complete a minimum of 15 units of upper-division Economics electives. These electives can be chosen from a wide range of offerings in fields such as:
- Econometrics
- Development Economics
- Environmental Economics
- Financial Economics
- Health Economics
- International Economics
- Labor Economics
- Monetary Economics
- Public Economics
Additional Requirements
- Foreign Language Proficiency: Reading proficiency in a foreign language is a common requirement for Economics graduate programs.
- Quantitative Skills: Students should develop strong quantitative skills through courses in mathematics, statistics, and econometrics.
- Research Experience: Undergraduate research is highly encouraged to enhance students’ analytical and problem-solving abilities.
Career Paths
A degree in Economics from UCLA opens doors to a wide range of career opportunities, including:
- Investment Banking
- Consulting
- Data Analysis
- Finance
- Government
- Healthcare
- Real Estate
- Research
Admission Process
Admission to the UCLA Economics major is highly competitive. Applicants typically have strong academic records, high standardized test scores, and a demonstrated interest in economics. The Department of Economics offers a variety of resources to support prospective students, including:
- Advising
- Tutoring
- Research opportunities
- Scholarships
Tips and Tricks
- Start Early: Begin exploring the Economics major and fulfilling prerequisite courses in your first or second year.
- Attend Office Hours: Utilize office hours to ask questions and seek clarification from professors and TAs.
- Form Study Groups: Collaborate with classmates to enhance understanding and prepare for exams.
- Seek Research Experience: Participate in undergraduate research projects to gain practical experience and develop analytical skills.
- Network: Attend department events and connect with alumni to expand your career prospects.
Common Mistakes to Avoid
- Underestimating the Math Requirement: Economics is a quantitative field, and students should prioritize developing strong math skills.
- Neglecting Foreign Language Proficiency: Reading proficiency in a foreign language is crucial for graduate school applications and certain career paths.
- Not Seeking Research Experience: Undergraduate research is highly valued by employers and graduate schools, so it’s important to seize opportunities.
- Ignoring Core Concepts: Focus on mastering core economic principles in courses like Economics 1, 2, 3, and 11.
- Procrastinating: Stay organized and start working on assignments early to avoid stress and improve performance.
FAQs
1. What is the average GPA of students admitted to the UCLA Economics major?
The average GPA of admitted students varies year to year, but typically falls within the range of 3.8-4.0.
2. Is it possible to take Economics as a minor?
Yes, UCLA offers a minor in Economics, which requires the completion of 20 units of Economics coursework.
3. Are there opportunities for financial aid within the Economics department?
Yes, the Economics department offers a variety of scholarships and fellowships to support undergraduate students.
4. What is the job outlook for Economics majors?
The job outlook for Economics majors is excellent, with projected growth in various industries, including finance, consulting, and government.
5. Is it necessary to double major in Economics and another field?
While not required, double majoring in Economics and another field can complement your skillset and enhance your career options.
6. What is the time commitment for an Economics major?
Expect to spend approximately 15-20 hours per week on coursework and studying for the Economics major.
Conclusion
The UCLA Economics major provides students with a strong foundation in economic theory and quantitative analysis. By completing the rigorous curriculum, students gain the skills and knowledge necessary to succeed in their chosen careers and graduate programs. With its world-class faculty and vibrant research environment, UCLA offers an exceptional undergraduate economics experience.
