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Economics is the study of how to critically evaluate problems and make well-reasoned decisions. The Department of Economics is well-suited to helping you develop important skills including:

  • the ability to apply a general framework of analysis for solving real-world problems
  • conduct mathematical and statistical analysis
  • work with data to address specific issues
  • effectively communicate in written and oral form

The minor in Economics meets the needs of students who seek a basic foundation in economic analysis, with formal recognition of this on their transcripts, but who are unable to complete the major. The minor requires 18 hours of Economics courses. Students completing degrees in Actuarial Science, Business Administration, Environmental Studies, Finance, Renewable Energy, or Mathematics with related coursework in Economics can obtain a minor with just a few extra courses.

Why Study Economics?

Economics is the study of how people deploy resources to meet human needs. Economists are interested in incentives and prices, earnings and employment, investments and trade among many things. A minor in Economics provides knowledge and information needed to understand critical economic issues but requires less time than majoring in the subject. It helps students to better prepare for their career, diversify their resume and develop a deeper understanding of world events.