Economics, Minor

Students pursuing a minor concentration in Economics gain a firm understanding of core microeconomic and macroeconomic theory. The Economics minor also provides students with the opportunity to choose electives in Economics that fit their interests.

The economics minor requires a total of 6 courses (18 credits), and it is a great academic option for students who want to complement their studies with core economic theory that emphasizes analytical and quantitative skills as well as critical thinking.

The requirements for the economics minor make it very accessible for students in any major program at the School of Business. Three of the six courses required for the economics minor are also required courses for all Bachelor of Science degrees at the School of Business. This means that students at the School of Business are automatically fulfilling half of the Economics minor requirements. (The Finance B.S. degree requires a fourth Economics course that counts toward the Economics minor, so it automatically fulfills two thirds of the Economics minor degree requirements.)

The economics minor requires a total of 6 courses (18 credits). Students pursuing a minor in economics must take ECON 207, ECON 208, ECON 362 or ECON 363, and three additional courses. These additional courses may include any of the required courses or restricted elective courses listed below.

Required Courses:
Principles of Economics:Macro 1
Principles of Economics:Micro 1
Econometrics 1
Intermediate Macro Economics
Intermediate Micro Economics
Money & Banking
Restricted Electives6
History of Economic Thought 1
Business Statistics 2
Personal Finance Practices
Business and Economic Statistics
Understanding Business/Economic Data
Investment Principles
Economic History of the United States
ECON 350Economics of Discrimination3
Labor Economics
Urban Economics: Analysis and Policy (Pre-Requisite ECON 208)
ECON 359Economic Development Theory3
Public Sector Economics
International Trade & Finance
Business & Government
Business Fluctuations & Growth

Although ECON 203 is a restricted elective course, it is also a pre-requisite for ECON 320. Students pursuing an Economics minor who want to take ECON 320 must take ECON 203 before taking ECON 320.


ECON 203 is a required class for all Bachelor of Science degrees at the School of Business. Students pursuing an economics minor must take ECON 221 (or MATH 164) prior to taking ECON 203. Since ECON 221 is an economics general education course, ECON 221 does not count as one of the restricted electives needed for the minor.

Student Learning Outcomes

Upon completion of the Economics, Minor students will be able to:

  1. Identify ethical issues and understand the implications of social responsibility for sustainable business practices.
  2. Evaluate information and apply critical thinking skills to identify solutions and inform business decisions.
  3. Utilize technology, apply quantitative methods and interpret data to solve business problems.
  4. Integrate knowledge of core business concepts and collaborate productively as part of a team.
  5. Work effectively in a diverse environment and understand how global and cultural issues effect the organization and its stakeholders.
  6. Compose clear and concise forms of written communication to effectively convey ideas and information associated with business topics.
  7. Communicate business concepts effectively through oral presentation.