Addenda and Errata

Georgetown University reserves the right to change without notice the Undergraduate Bulletin, including all rules, policies, fees, curricula, courses, graduation requirements, or other matters contained therein.  The Georgetown University Undergraduate Bulletin is updated annually and at other times as appropriate.  In circumstances where changes are necessary, Georgetown University will post changes to the bulletin in the addendum section.

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For questions regarding school-specific policies please visit the respective school’s dean’s office.

Addenda and Errata 2021-2022

ADDENDUM FOR ECONOMICS MAJOR AND MINOR REQUIREMENTS
The following update notes the update of test scores for AP and IB HL Exams needed to meet the Calculus I requirement for both the Economics major and minor.

This update also reflects the removal of the special notation regarding the completion of OPIM 172 to satisfy the statistics requirement.

Economics

The Department of Economics offers an A.B Degree in Economics and a minor in Economics. The department also jointly manages the A.B. in Political Economy with the Department of Government.

Major in Economics

A major in Economics at Georgetown University requires completion of ten economics courses (including statistics and econometrics) and a calculus course, for a total of eleven (11) courses.  Of the ten economics courses, at least five must be taken in the Economics department at Georgetown.

Requirements for the Major in Economics

  • Principles of Microeconomics and Macroeconomics (2 courses)
    • ECON 001 (Principles of Microeconomics)
    • ECON 002 (Principles of Macroeconomics)

Students may waive ECON 001 or/and 002 and obtain the course credit with an AP score of 5 (or an IB score of 6 or 7 on Higher Level (HL) exam) in Microeconomics or/and Macroeconomics. ECON 003 (Principles of Economics: Micro & Macro combined) may be taken instead of 001 and 002 (but not by students who have taken ECON 001, 002, or received course credit via AP or IB). Students who take ECON 003 instead of 001 and 002 will require an additional economics elective.

  • Calculus (1 course)
    • MATH 035 (Calculus I) or,
    • AP score of 5 or,
    • IB score of 7 on HL exam

Calculus is a corollary requirement for all 100-level economics courses

* This course may also count toward another major or minor requirement in addition to the Economics major

  • Intermediate Microeconomics and Macroeconomics (2 courses)
    • ECON 101 (Intermediate Microeconomics) 
    • ECON 102 (Intermediate Macroeconomics)
       
  • Statistics (1 course)
    • ECON 121 (Economic Statistics) or MATH 140 (Intro to Mathematical Statistics)

Statistics (ECON 121 or MATH 140) is a prerequisite for Econometrics. Students double majoring in Economics and Mathematics who take MATH 140 instead of ECON 121, and count the former in the mathematics major, will be required to take an additional Economics course to reach the required total of 10 economics courses.

  • Econometrics (1 course)
    • ECON 122 (Introduction to Econometrics)*
      *This course must be taken before the start of Senior year
  • Economics Electives (4 courses)
    • At least 2 electives must be at 400-level
    • 400-level courses typically require at least one of the following prerequisites: 101, 102 or 122
    • Students who took ECON 003 (instead of 001 and 002) must take 5 economics electives


Minor in Economics

A minor in Economics at Georgetown University requires completion of six economics courses (including statistics) and a calculus course, for a total of seven (7) courses. Of the six economics courses, at least three must be taken in the Economics department at Georgetown.

Requirements for the Minor in Economics

  • Principles of Microeconomics and Macroeconomics (2 courses)
    • ECON 001 (Principles of Microeconomics)
    • ECON 002 (Principles of Macroeconomics)

Students receive credit for 001 and/or 002 with an AP score of 5 or an IB score of 6 or 7 on higher level (HL) exam in Microeconomics and/or Macroeconomics. ECON 003 (Principles of Economics: Micro & Macro combined) may be taken instead of 001 and 002 (but not by students who have taken ECON 001, 002, or received course credit via AP or IB). Students who take 003 instead of 001 and 002 will be required to take an additional economics elective to reach the required total of six courses in Economics. Students who take ECON 003 instead of 001 and 002 will require an additional economics elective.

  • Calculus (1 course)
    • MATH 035 (Calculus I) or,
    • AP score of 5 or,
    • IB score of 7 on HL exam

Calculus is a corollary requirement* for all 100-level economics courses

* This course may also count toward another major or minor requirement in addition to the Economics minor

  • Intermediate Microeconomics or Macroeconomics (1 course)
    • ECON 101 (Intermediate Microeconomics) or ECON 102 (Intermediate Macroeconomics)
       
  • Statistics (1 course)
    • ECON 121 (Economic Statistics) or any one of the following courses:
      • MATH 140, MATH 040, GOVT 201, OPIM 173, or OPIM 172

Students interested in taking ECON 122 (Econometrics) as an elective must take ECON 121 or MATH 140 as a pre-requisite.


ADDENDUM FOR SFS MAJORS & CERTIFICATES
The following update notes the enrollment of all new BSFS students are enrolled as an International Affairs major until they formally declare into one of the approved eight majors at the School of Foreign Service.
  1. Fields of Study
  2. Electives, certificates and minors
  3. Accelerated Bachelor’s/Master’s Degree Programs

All majors build on The Core and allow students to specialize in an approach to the study of international affairs, an area of international affairs, or a region.

Each of the eight BSFS majors and the joint SFS-MSB Bachelor of Science in Business and Global Affairs (BSBGA) is designed around 24-36 credits of required and elective classes. Some majors have additional pre- or co-requisites. The nine majors are:

Business and Global Affairs         International Political Economy

Culture and Politics                       International Politics

Global Business                            Regional and Comparative Studies

International Economics               Science, Technology and International Affairs

International History             

All BSFS students are enrolled as an “International Affairs” major until they declare formally into one of the above majors.