Credits Outside of GU Economics
Before obtaining credit for any course, students of the College of Arts and Sciences should consult Transfer Credit section of the Undergraduate Bulletin. Likewise, students from other schools within the University should consult their bulletin.
- The majority of Economics coursework must be taken from the Economics Department at Georgetown (see Major and Minor requirements).
- No more than 4 summer school courses may be transferred from another institution.
- Courses transferred from another institution are not counted towards the Georgetown GPA.
- Students who receive a score of 5 on the AP exam in Micro can place out of ECON-1001 – Econ Principles Micro (formerly ECON-001). Students who receive a score of 5 on the AP exam in Macro can place out of ECON-1002 – Econ Principles Macro (formerly ECON-002).
- AP math scores of 4 or 5 on the AB or BC calculus tests are accepted in place of MATH-1350 – Calculus I (formerly MATH-035).
- The Statistics AP exam does not cover all of the topics that are included in ECON-2110 – Economic Statistics (formerly ECON-121). Therefore, students cannot place out of ECON-2110 with an AP exam.
Once students have matriculated into Georgetown University, they are expected to comply with the policies and procedures regarding the summer schools credits as established by their school. These rules available in the Undergraduate Bulletin for their school.
The Department of Economics maintains a list of reviewed courses that have been previously reviewed. Courses marked in red have been reviewed, but not approved. Courses marked in yellow have been approved, but are subject to additional considerations.
Note: The list is subject to change and should be used as a reference guide. Student should still follow the transfer course process defined in the Undergraduate Bulletin of their school.
Economics Department Policy on Transfer Credits
- No online courses are allowed, neither synchronous nor asynchronous (this applies to fall/spring semesters as well as summer sessions); and
- Summer courses are only allowed if they are taught by regular faculty (as opposed to Ph.D students).
To receive credit toward your economics major or minor for courses taken at another college or university, students should:
- At least two weeks before taking the course, the student should obtain a copy of the course syllabus that includes: the name of the university, course number, instructor, prerequisites, textbook and readings, topics covered, and assessment criteria.
Note: the syllabus must be in English in order for the Department to review it.
- Submit the syllabus to the Undergraduate Coordinator for review.
- After completion, the student should submit a transcript for the course for review by their Dean.
The policies and procedures regarding the study abroad are established by each school and are available in the Undergraduate Bulletin.
Transfer Limits for Economics Majors and Minors
Students may apply a limited amount of courses taken aboard:
Majors may transfer up to 2 courses for a semester abroad and up to 3 courses for a year abroad. Minors may transfer up to 2 courses for either a semester or year abroad. If courses abroad are from below the 4000-level electives for the major, there is considerable flexibility. If courses abroad are from the requirements (e.g., ECON-2101, 2102, 2110, 3001) or the 4000-level electives, then the replacement course from overseas must be approved by the department.
- For a single semester abroad, students can receive credit for up to two courses in the major or minor.
- For an entire year abroad, students can receive credit for up to three courses in the major or minor.
Planning for your Study Abroad
In advance of submitting the study abroad preapproval form:
The Department of Economics maintains a list of reviewed courses that have been previously evaluated. Courses marked in red have been reviewed, but not approved. Courses marked in yellow have been approved, but are subject to additional considerations.
Note: The list is subject to change and should be used as a reference guide. Student should still follow the study abroad process defined in the Undergraduate Bulletin of their school.
All intended economics courses must be listed on your study abroad preapproval form even if
they appear on the Department’s list of reviewed courses. Please e-mail the completed form to the
Undergraduate Coordinator for signature. If the course in the study abroad preapproval form is listed in the Transfer Credits & Study Abroad table, you do not need to submit additional material; however, if the course is not listed:
- Submit the course syllabus in English to the Undergraduate Coordinator for review. The Department cannot pre-approve a course without reviewing a detailed syllabus.
- The syllabus should include: the name of the university, course number, instructor, prerequisites, textbook and readings, topics covered, and assessment criteria.
Note: Course descriptions from a course catalog are not substitutes. All materials must be in English in order for the Department to review them.
If accepted, most Economics courses taken abroad will transfer as 2000-level electives equivalents. Approval is more restrictive for core courses above the Principles level, i.e. ECON-2101 – Intermediate Micro, ECON-2102 – Intermediate Macro, ECON-2110 – Economic Statistics, ECON-3001 – Intro to Econometrics (formerly ECON-101, ECON-102, ECON-121, and ECON-122, respectively), and 4000-level electives.
Prior approval must be obtained from both the College Dean’s Office and the Economics Department. All intended economics courses must be listed on your study abroad preapproval form even if they appear on the Department’s list of reviewed courses.
Economics majors must take the six core courses, ECON-1001, 1002, 2101, 2102, 2110, and 3001 (formerly ECON-101, 102, 121, and 122, respectively), before their senior year. To make normal progress towards the economics major with a full year of study abroad in the Junior year, we suggest the following plan:
- First-year Fall: ECON-1001 or 1002*
(formerly ECON-001 or 002)
* Alternatively, students can take ECON-1003 (formerly ECON-003). This completes the core courses sooner, but it requires an additional economics elective.
- First-year Spring: ECON-1001 or 1002
(formerly ECON-001 or 002)
- Sophomore-year Fall: ECON-2101 or 2102, ECON-2110
(formerly ECON-101 or 102, ECON-121, respectively)
- Sophomore-year Spring: ECON-2101 or 2102, ECON-3001
(formerly ECON-101 or 102, ECON-122, respectively)
During your Study Abroad
If during their study abroad students are unable to register for any of the economics courses listed in their signed preapproval form, they should e-mail the Undergraduate Coordinator to have the new courses approved in writing. Students should follow the same preapproval procedure as
outlined in the above paragraph titled, Planning for your Study Abroad.
Back at Georgetown
After returning from abroad, students must provide a transfer credit evaluation form — with approval signatures from their major and minor department overseas study advisors — to their dean. Once the deans receive an official transcript from the host university, they will post transfer credit to the student’s MyDegree audit and indicate any credits that may count toward majors, minors, or core requirements.
X-Listed courses: Some courses from other GU departments can be applied as below 4000-level electives towards an economics major or minor. Such cross-listed courses can be found as follows:
- Go to Schedule of classes (http://schedule.georgetown.edu)
- First box, Subject: Click inside and select all
- Last box, Attribute: click on X-List ECON
Other Potential Electives: Courses not already X-listed will be judged on a case-by-case basis. Email the Undergraduate Coordinator and provide the following:
- A copy of the syllabus for the course.
- The forms that you need signed for the GU Registrar.
The Department maintains a list of reviewed and approved courses. This list is continually updated.
Click here to view the Transfer Credits & Study Abroad (new window) spreadsheet.