Applied Economics

A minor is offered in Applied Economics.

Courses in economics are an important component in a program of liberal education. They provide insight into the basic operation of the economy and offer fundamental knowledge for informed opinions or making informed decisions on many public and private issues. In addition, there are various employment opportunities that favor training in economics.

Although a career as a professional economist requires an advanced degree, taking undergraduate courses in economics provides good preparation for careers in government, business, organized labor, trade associations. It also lays down a solid foundation for graduate work in any of the social sciences or in professional schools such as law and business administration.

Economics is a useful minor for students with a related major in management, finance, accounting, marketing, political science, history, and other areas.

Minor Requirements: In order to fulfill graduation requirements, students must maintain a minimum cumulative grade point average of 2.0, a minimum grade point average of 2.0 in an academic major, and complete 120 credits. In addition, in order to complete minor in economics, students must maintain a minimum grade point average of 2.0 in the program.

The Economics minor requires a total of six courses, which can be selected from the following:

ET101 Principles of Economics I (3 credits)
ET102 Principles of Economics II (3 credits)
ET223 Money and Banking (3 credits)
ET323 Comparative Economic Systems (3 credits)
ET338 Urban Economics (3 credits)
ET357 Economic Development (3 credits)
ET374 History of Economic Thought (3 credits)

Six courses in Applied Economics must be completed successfully with a grade point average of at least 2.0. Students who minor in Applied Economics should ask the Business Division Chair about doing directed study for courses that are not on the current schedule.

Accounting-Finance majors who are concentrating in Finance and interested in minor in economics are recommended to take ET101 and ET102 in their first year, and ET223 in their second year, and in any case, in that sequence.