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Minor in Economics

The Economics Minor is available to all majors.

The goal of the Economics 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. The Economics minor recognizes the transmission of economic concepts, theories and methods that constitute the necessary knowledge and skills to prepare students for entry level positions in business economics and related fields.

Students who complete this minor demonstrate competency in explaining micro-economic and macro-economic theories, money, banking, and monetary policy, and international economics.

To complete an Economics Minor, students must take fifteen credits. Of the fifteen credit, one 3-credit course is required, and four courses consisting of elective courses are required. A minimum of GPA of 2.0 in Economics minor courses is required for successful completion of the minor.

  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.

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.
Required Courses (3 credits)
ECON 301Economics II
Plus 4 courses from the following:
ECON 400Economics Strategy for Business
ECON 425Managerial Economics
ECON 430Macroeconomics I
ECON 440Money and Banking
ECON 441Microeconomics II
ECON 442Macroeconomics II
ECON 467Economics of Environment
ECON 470Economics of Development
ECON 480Comparative Economic Systems
ECON 481Economics of the Asian Pacific