Minor in Economics for Non-Business Major

The Minor in Economics for non-Business major is available for students majoring in areas other than Business.  The purpose of the minor is to equip students with the analytical and technical tools for careers in the public and private sectors of a dynamically changing global economy. 

Students who complete this minor demonstrate competency in explaining micro-economic and macro-economic theories, money, banking, and monetary policy, while demonstrating knowledge in two areas of economics as indicated in the list of economics electives for non-Business majors. 

Program Goals

  1. Master basic principles of general economics, particularly microeconomics applicable to management of a business.
  2. Apply scientific methods to analyze economic problems and public policy issues in order to offer effective solutions.
  3. Formulate and test hypotheses using statistical methods.
  4. Use modern technological skills to facilitate the development of solutions in the conduct of business operations.
  5. Communicate economic analyses effectively.

Learning Outcomes

The program is designed to develop competency to:

  1. Demonstrate the working of a typical modern monetary economy in a global setting.
  2. Describe the role and function of markets and their participants as consumers and producers in both domestic and global settings.
  3. Conduct empirical analyses of economic issues.
  4. Consult corporate, governmental, and non-profit organization.
  5. Apply modern technological tools to collect and analyze data.
  6. Communicate analyses of economic issues effectively.

To complete the minor, fifteen credits are required in upper division courses that must be taken in residence.  These units consist of nine credits of required courses and six credits of electives.  The courses cannot be used to substitute required or elective courses in the Business major.  A minimum GPA of 2.0 in in Economics minor courses is required for the successful completion of the minor.

Required courses
ECON 440 Money and Banking
ECON 441 Microeconomics II
ECON 442 Macroeconomics II
Plus two courses from the following
ECON 301 Economics II
ECON 430 International Economics
ECON 467 Economics of the Environment
ECON 470 Economics of Development
ECON 480 Comparative Economic Systems
ECON 481 Economics of the Asian Pacific

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