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Intro & Core Micro & Macro

ECON 1110 & 1120: Introductory Microeconomics & Macroeconomics

These courses are meant to provide a broad introduction to the field of Economics, and to familiarize students with the language of Economics.  These courses are large (350-450 students).  Students from all over the university take them for a variety of reasons: as a preparation for the Economics major, as a preparation for other majors at Cornell (AEM, PAM, ILR, and several others), and as merely an elective course.  Both ECON 1110 and 1120 are taught during Cornell’s summer and winter sessions in small setting classes. Students interested in this option should consult Cornell’s School of Continuing Education and Summer Sessions.

ECON 3030 & 3040: Intermediate Microeconomics & Macroeconomics

These courses cover the core economic methodologies of microeconomics and macroeconomics that will be used in advanced economics electives.  They require and build upon the material taught in ECON 1110 and ECON 1120, and they also require MATH 1110.  Class sizes are typically 75-90 students, and the vast majority are Economics majors.  ECON 3030 and 3040 are sometimes (but not always) taught during Cornell’s summer sessions in small setting classes. Students interested in this option should consult Cornell’s School of Continuing Education and Summer Sessions.

Note: Economics majors should complete their introductory & core courses in microeconomics and macroeconomics as early as possible.  The basic structure of the Economics major is that you first learn core methodologies in these courses, and then you use these methodologies in your advanced economics electives.  Hence, the earlier you learn the methodologies, the more flexibility you’ll have in taking your advanced economics electives.
 

Sequencing & Prerequisites

ECON 1110 & ECON 1120 can be taken in either order, and neither has a prerequisite.  They can even be taken at the same time, although you may want to check prelim schedules since they often fall on the same day.  Many students receive placement credit or transfer credit for one or both of these courses (see Policy for Intro Course Credit).

ECON 3030 & ECON 3040 can also be taken in either order.  They can be taken at the same time, but we recommend taking them sequentially (in either order) so that you are able to devote sufficient attention to each one.  The prerequisites for each course are ECON 1110, ECON 1120, and MATH 1110.  It is, in principle possible to take one of these courses without the other Intro course (i.e., to take ECON 3030 after having taken only ECON 1110 and MATH 1110, or to take ECON 3040 after having taken only ECON 1120 and MATH 1110), but to do so you must get permission from the instructor of the intermediate course.

Credit for ECON 1110 & ECON 1120

There are many ways to get credit for ECON 1110 & ECON 1120, including placement credit (see Policy for Intro Course Credit).  Many students arrive at Cornell with placement credit for ECON 1110 and/or ECON 1120, but wonder whether they ought to forfeit their placement credit and take one or both classes at Cornell.  The answer to this question really depends on your own personal comfort level with your economics knowledge (for more discussion see Information for Incoming Freshman).  Credit for these courses must show up on your Cornell transcript if you intend to be an Economics major.

Related Links

Main Office
Department of Economics
404 Uris Hall
Cornell University
Ithaca, N.Y. 14853
Phone: (607) 255-4254
Fax: (607) 255-2818