Economics

This policy applies to students in Class of 2021 and earlier:

Students who have achieved a score of 5 in the AP Microeconomics exam may place out of Economics 101. Students who subsequently achieve a minimum grade of B- in Economics 275 will then also receive Hamilton course credit for 101 and can apply this toward the major or minor in Economics.

Similarly, a top score on the Macroeconomics AP permits a student to place out of Economics 102. Students who subsequently achieve a minimum grade of B- in Economics 285 will then also receive Hamilton course credit for 102 and can apply this toward the major or minor in Economics.

Entering students who feel that they have a strong background in economics but have not achieved a qualifying score to pursue credit toward the major as specified above should speak with their advisor about whether it would be appropriate to skip an introductory course and enroll in an intermediate course. However, a student who places out of 101 or 102 without receiving credit toward the major cannot count this course as one of the nine required for the major.

For students in the Class of 2022:

Students who have achieved score of 5 on the AP Microeconomics exam and Macroeconomics exam may place out of Economics 100. Students who subsequently receive a minimum grade of B- in Economics 166 will then also receive Hamilton course credit for 100 and can apply this toward the major or minor in Economics.

Entering students who feel that they have a strong background in economics but have not achieved a qualifying score to pursue credit toward the major as specified above should speak with their advisor about whether it would be appropriate to skip 100 and enroll in 166. However, a student who places out of 100 without receiving credit toward the major cannot count this course as one of the nine required for the major.

For students in the Classes of 2023 and later:

Students can place out of Economics 100 if:

• They have earned a 5 on either the AP Microeconomics or AP Macroeconomic exam and at least a 4 on the other economics AP exam, or
• They have earned an International Baccalaureate diploma with a score of 6 or 7 on high-level economics, or
• They have earned an A on A-Level Microeconomics and Macroeconomics exams.

Students who subsequently receive a minimum grade of B- in Economics 166 will then also receive Hamilton course credit for Economics 100 and can apply this toward the major or minor in Economics.

Entering students who feel that they have a strong background in economics but have not achieved a qualifying score to pursue credit toward the major as specified above should speak with their advisor about whether it would be appropriate to skip 100 and enroll in 166. However, a student who places out of 100 without receiving credit toward the major cannot count this course as one of the nine required for the major.