Minor in Economics

The Minor in Economics is designed for students who have done substantial work in economics but who do not choose to complete all the requirements for a concentration. The coursework in the minor will provide students with exposure to the ways in which the tools of Economics can be used to analyze and solve problems associated with important economic, political and social issues.

Program Requirements and Policies

• The minor requires a total of five-courses, made up of one basic course, two core courses, and two elective courses. The basic course provides a foundation for the treatment of theory and method that are used in the core courses, and these core courses are prerequisites for most elective courses. The hierarchy of courses makes it difficult to complete the minor in fewer than three semesters. 
• Please note that no more than one course can be transferred to meet the minor requirements.
• All courses used in fulfillment of the minor must be taken for a grade. A grade of C- or better must be obtained in the core and elective courses.
• No more than two courses used for any minor, regardless of the number of semester hours they carry, may be used toward a foundation or distribution requirement, or toward a major or another minor.

Course Requirements

The Minor in Economics requires the completion of five courses as follows:

1. One Basic Course:
   • Economics 5: Principles of Economics or Economics 8: Principles of Economics with Environmental Applications or equivalent course.
      
2. Two Core Courses:
   • Intermediate Microeconomic Theory (Economics 11 or 203)
   • Intermediate Macroeconomic Theory (Economics 12 or 18 or 205) OR Statistics (Economics 13 or 201; or Mathematics 166; or Engineering Science 56; or Electrical Engineering 24 or 104)
      
3. Two Elective Courses:
   • One course numbered Economics 12 or above
   • One course numbered Economics 100 or above

   Note: An exception will be made for those students who wish to use both Economics 86 and Economics 87 as electives, and for those who wish to use Economics 15 as their upper-level (above Economics 100) elective. Courses used to complete the core courses may not be counted as electives.