Economics is the social science that studies how people use limited, scarce resources to satisfy unlimited wants. Students of economics learn a way of thinking they can use to address almost any problem that requires choosing between alternative ways to achieve a goal.
The appeal of the economics minor lies with the fact that its techniques of analysis can be applied in so many areas:
- Economics is an essential part of the management and leadership student's understanding of individual business decisions and the environment in which businesses operate.
- History and sociology students study economics to better appreciate how the pursuit of material goals shapes our past and future.
- Political science students can use economic analysis to better grasp the opportunity costs of alternative government policy decisions and to better predict the economic consequences of these decisions.
Whatever the major field of study, an understanding of the content and methods of analysis used in economics enables students to make better-informed personal, financial, and political decisions.
Required Courses For Minor
- EC 201 Principles of Microeconomics
- EC 202 Principles of Macroeconomics
Elective Courses
Select four from:
- EC 203 The Global Economy
- EC 305 Money and Banking
- EC 317 Economics of American Industry
- EC 323 Managerial Economics
- EC 409, EC 410 Internship/Individualized Study
- EC 623 Economics of Health Care
- MT 220 International Management
- MT 322 Marketing Principles