Economics Minor

Economics Minor

The minor in Economics is available for students in any degree program and is especially recommended for students pursuing a major in one of the other social sciences, mathematics or computer science.

The minor requires a total of 18 semester hours of courses in Economics:

2016/17 Catalog            

  • ECON 2113 Principles of Microeconomics          3 hours
  • ECON 2133 Principles of Macroeconomics         3 hours
  • ECON 3144 Intermediate Microeconomics         3 hours
  • ECON 3244 Intermediate Macroeconomics        3 hours
  • ECON Electives ≥2999 Level                                       6 hours

Total                                                                                       18 hours                   

 ECON 2113, Principles of Microeconomics, is the basic introductory course.  It presents economics as the study of the fundamental problem of scarcity and choice, with primary emphasis on how individual economics units – consumers, producers and resource owners – resolve this problem in a modern capitalist economy.  This course is a prerequisite to all other economics courses.

ECON 2133, Principles of Macroeconomics, is not simply a continuation of ECON 2113, but instead introduces a range of topics dealing with aggregate economic activity:  the factors which determine an economy’s aggregate level of income, its rate of price inflation, its level of employment, and its rate of growth.  This course is a prerequisite for many higher level economics courses.

ECON 3144, Intermediate Microeconomics, is an extension of the material introduced in ECON 2113.  Topics include demand theory, production & cost theory, elements of market structure and an introduction to welfare economics.  This course is a prerequisite to the advanced field courses in microeconomics:  ECON 4020, 4214, 4230, 4373 and others.

ECON 3244, Intermediate Macroeconomics, develops the issues in ECON 2133 at a deeper level.  The classical, Keynesian, and monetarist perspectives of the determinants of national income, prices,  employment and economic growth will be studied.  Finally, the theoretical and policy implications of the rational expectations approach will be studied.

Economics Electives – 3000 level and above.  ECON electives may include, but are not limited to, the following:

·         ECON 3310 Behavioral Economics

·         ECON 4020  Industrial Organization

·         ECON 3323  Special Topics Electives

·         ECON 4101 SAS I

·         ECON 4443  Econometrics

·         ECON 4102 SAS II

·         ECON 3353  Development Economics

·         ECON 4103 Python Programming

·         ECON 3365  Russian Economic Transition

·         ECON 4214  Public Economics

·         ECON 3550 Decisions & Games

·         ECON 4230  Labor Economics

·         ECON 3630  Health Economics

·         ECON 4373  International Trade

·         ECON 3750  Poverty & Discrimination

·         ECON 4740 Urban & Regional Economics

·         ECON 3855  Environmental Economics

·         ECON 5360  Mathematical Economics