The EC 345 Requirement
The EC345 requirement involves the completion of a substantial, original, analytical research paper. The paper should be written in the junior or senior year, after completing EC223 and EC224. The paper should build upon concurrent or prior coursework taken at Colby and must be sponsored by a faculty member. Students can opt out of the Economics 345 requirement by taking one additional economics course numbered at the 200 level or higher.
The EC 345 process begins with a conversation with a member of the faculty about potential topics and to secure preliminary approval to work with them during the coming academic year. To register for EC 345, visit the Registrar’s homepage, select Independent Study and choose EC345. Inside the text box, indicate the semester that you plan to undertake the project, along with a brief description of the intended topic. Identify your faculty sponsor and submit your registration.
Honors Projects in Economics
Year-long Honors Projects are strongly encouraged for students who will achieve a 3.5 GPA in the major at the time of graduation.
Honors Projects are extensions of outstanding EC345 projects or EC491 Independent Studies and require departmental approval. Students may enroll in the fall of their senior year (for those who complete an EC345 or EC491 as juniors) or in the spring of their senior year (for those who complete an EC345 or EC491 in the fall of the senior year). Candidates must obtain the approval of their EC345 or EC491 advisor prior to applying to the department to undertake an Honors Project.
Early during the reading period following the semester in which the EC345 or EC491 project is undertaken, candidates who have obtained the support of their advisors will present their Honors Project proposals to the department faculty. These proposals normally include testable hypotheses and preliminary results, but may vary depending on the nature of the project. Upon approval by faculty vote, candidates must identify a second reader in the Department of Economics and may then enroll in EC482 in the following semester.
During the spring semester, Honors candidates are required to present their projects as part of the Colby Undergraduate Research Symposium. Department faculty will review the project at this time and will vote upon the conferral of Honors status.
Pending a successful vote of the department, a grade of A- or higher, and the achievement of a 3.5 GPA in the major, students will graduate with Honors in Economics. The Honors Project itself becomes part of the permanent collection of Miller Library.