2023-2024 Academic Catalog 
    
    Oct 05, 2024  
2023-2024 Academic Catalog [ARCHIVED CATALOG]

Economics Minor


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Economics Overview


Undergraduate Program

Economics offers a flexible yet consistent framework for understanding key issues facing the economy and society—from globalization of international trade and finance to global warming. The major and minor in economics offer students an opportunity to learn the key elements of this framework and provide them with ample opportunities to apply it to a wide range of key economic issues. The Ph.D. program enriches the intellectual community in economics with opportunities for undergraduates to take advanced courses not typically available to undergraduate majors.

Since it first attempted to explain the growth and wealth of nations more than two hundred years ago, economics has evolved into a modern social science that combines a coherent analytical framework with careful analysis of information to understand how economies work and develop, and the consequences of economic policies and policy change. It applies the basic logic of individual choice and market forces to explore the tradeoffs inherent in addressing many of the key concerns on today’s agenda: ensuring rising living standards in developed and developing countries, assessing the impacts of international trade, and identifying the wisest use of scarce environmental resources, among many others.

The major in economics builds on the expertise the student develops in the introductory courses. It combines a solid background in the core of economic analysis with a wide range of applied courses that investigate fields of economics and important topics. The capstone experience, honors program, internships and study abroad offer opportunities for majors to acquire research experience, apply economics in government or business and deepen their understanding of economic issues.

The economics major provides skills that are highly valued in a number of careers and graduate programs. The economics major emphasizes developing skills of careful thinking and analysis in combination with the application of those skills in practical settings. Law schools welcome the background economics provides in logical thinking. Government agencies and graduate programs in public policy or economics appreciate the systematic approach to understanding the economy offered by economics. Business schools and businesses find the facility the economics major acquires in analytical thinking and quantitative methods of analysis attractive.

For more information, please visit the Economics Department’s website.

Minor Requirements


Students majoring in another discipline often discover that a minor in economics can provide a background that can complement their major and allow them to explore an interest in economics. The minor requires a minimum of six courses in economics including ECON 010  and ECON 011 . Two of the remaining courses must be at the 200 level. Only courses with a final grade of C– or better will be counted toward the minor.

Economics Faculty


Program


Sang Hoo Bae, Ph.D.
Dana Bauer, Ph.D.
David Cuberes, Ph.D.
Jonathan Denton-Schneider, Ph.D.
Jacqueline Geoghegan, Ph.D.
Wayne Gray, Ph.D.
Robert Johnston, Ph.D.
Kensuke Suzuki, Ph.D.
Magda Tsaneva, Ph.D.
Edouard Wemy, Ph.D.
Junfu Zhang, Ph.D.

Research


Daniel Bernhofen, Ph.D.
Attiat Ott, Ph.D.

Emeriti


John Brown, Ph.D.
Howard W. Nicholson, Ph.D.
Frank Puffer, Ph.D.
Maurice Weinrobe, Ph.D.

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