Campuses:
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Twin Cities Campus
Economics MinorEconomics
College of Liberal Arts
Economics is a useful minor for students majoring in business, engineering, statistics, computer science, mathematics, and all of the social sciences. Minors are available in six subfields: general, economic theory, econometrics, international trade and development, applied microeconomics and monetary theory. All subfields are designed to complement study in other academic disciplines.
Program Delivery
This program is available:
Admission Requirements
Students must complete
4 courses
before admission to the program.
For information about University of Minnesota admission requirements, visit the
Office of Admissions
website.
Required prerequisites
Required prerequisites
Calculus I
Take exactly 1 course(s) totaling exactly 4 credit(s) from the following:
·
MATH 1142 - Short Calculus
[MATH]
(4.0 cr)
or
MATH 1271 - Calculus I
[MATH]
(4.0 cr)
or
MATH 1371 - CSE Calculus I
[MATH]
(4.0 cr)
or
MATH 1571H - Honors Calculus I
[MATH]
(4.0 cr)
Required prerequisites
Microeconomics
Take exactly 1 course(s) totaling exactly 4 credit(s) from the following:
·
ECON 3101 - Intermediate Microeconomics
(4.0 cr)
Minor Requirements
No substitutions within the sub-plans are permitted.
Only one country/area course may count toward the minor.
At least 9 upper-division ECON credits in the minor must be taken at the University of Minnesota - Twin Cities campus.
Students may receive no more than one undergraduate degree from the Department of Economics: a BA or a BS or a minor.
Program Sub-plans
Students are required to complete one of the following sub-plans.
General
Take a total of 9 sub-plan credits.
Electives
Take 3 or more course(s) totaling 9 or more credit(s) from the following:
·
ECON 3xxx
·
ECON 4xxx
Economic Theory
Take a total of 19-20 sub-plan credits.
Mathematics
Take exactly 3 course(s) totaling exactly 12 credit(s) from the following:
Calculus II
·
MATH 1272 - Calculus II
(4.0 cr)
or
MATH 1572H - Honors Calculus II
(4.0 cr)
or
MATH 1372 - CSE Calculus II
(4.0 cr)
·
Linear Algebra and Differential Equations
·
MATH 2243 - Linear Algebra and Differential Equations
(4.0 cr)
or
MATH 2373 - CSE Linear Algebra and Differential Equations
(4.0 cr)
or
MATH 2574H - Honors Calculus IV
(4.0 cr)
·
Multivariable Calculus
·
MATH 2263 - Multivariable Calculus
(4.0 cr)
or
MATH 2374 - CSE Multivariable Calculus and Vector Analysis
(4.0 cr)
or
MATH 2573H - Honors Calculus III
(4.0 cr)
Economic Theory
Take exactly 2 course(s) totaling 7 - 8 credit(s) from the following:
·
ECON 3102 - Intermediate Macroeconomics
(4.0 cr)
·
ECON 4113 {Inactive}
(4.0 cr)
or
ECON 4731 {Inactive}
(3.0 cr)
Econometrics
Take a total of 27 sub-plan credits.
Mathematics
Take exactly 2 course(s) totaling exactly 8 credit(s) from the following:
Calculus II
·
MATH 1272 - Calculus II
(4.0 cr)
or
MATH 1572H - Honors Calculus II
(4.0 cr)
or
MATH 1372 - CSE Calculus II
(4.0 cr)
·
Linear Algebra and Differential Equations
·
MATH 2243 - Linear Algebra and Differential Equations
(4.0 cr)
or
MATH 2373 - CSE Linear Algebra and Differential Equations
(4.0 cr)
or
MATH 2574H - Honors Calculus IV
(4.0 cr)
Theory of Statistics
Take exactly 2 course(s) totaling exactly 8 credit(s) from the following:
Directed Study
Take exactly 3 credit(s) from the following:
·
ECON 3993 - Directed Studies
(1.0-3.0 cr)
International Trade and Development
Take a total of 12-15 sub-plan credits.
International Trade and Development
Take exactly 2 course(s) totaling exactly 6 credit(s) from the following:
·
ECON 4331W - Economic Development
[WI]
(3.0 cr)
·
ECON 4337 {Inactive}
(3.0 cr)
International Economics
Take 1 - 2 course(s) totaling 3 - 6 credit(s) from the following:
Option 1
ECON 4401 {Inactive}
[GP]
(3.0 cr)
or
Option 2
ECON 4431W - International Trade
[GP, WI]
(3.0 cr)
ECON 4432W - International Finance
[WI]
(3.0 cr)
International Economics Area of Focus
Take exactly 1 course(s) totaling exactly 3 credit(s) from the following:
·
ECON 4311 - Economy of Latin America
(3.0 cr)
·
ECON 4317 - The Chinese Economy
(3.0 cr)
·
ECON 3960 {Inactive}
(3.0 cr)
·
Study-abroad Course Approved by ECON Director of Undergraduate Studies
Applied Microeconomics
Take a total of 12 sub-plan credits.
Monetary Theory
Take a total of 17 sub-plan credits.
Monetary Theory
Take exactly 5 course(s) totaling exactly 17 credit(s) from the following:
·
ECON 3102 - Intermediate Macroeconomics
(4.0 cr)
·
ECON 4721 - Money and Banking
(3.0 cr)
·
ECON 4731 {Inactive}
(3.0 cr)
·
ECON 4751 - Financial Economics
(3.0 cr)
·
STAT 3011 - Introduction to Statistical Analysis
[MATH]
(4.0 cr)
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|
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Econ 1101/1165 ApEc 1101/1101H |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | ApEc 1102/Econ 1102/1105/1112 |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1271/Math 1381/Math 1571/ |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1271/Math 1381/Math 1571/ |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1271/Math 1381/Math 1571/ |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Econ 3101/Econ 3012/ApEc 3001 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1272/Math 1282/Math 1372/ |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1272/Math 1282/Math 1372/ |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1272/Math 1282/Math 1372/ |
Typically offered: | Every Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2243/Math 2373/Math 2574H |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2243/Math 2373/Math 2574H |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2243/Math 2373/Math 2574H |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2263/Math 2374/Math 2573H |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2263/Math 2374/Math 2573H |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2263/Math 2374/Math 2573H |
Grading Basis: | A-F only |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Econ 3102/3024/ApEc 3006 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1272/Math 1282/Math 1372/ |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1272/Math 1282/Math 1372/ |
Grading Basis: | A-F only |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 1272/Math 1282/Math 1372/ |
Typically offered: | Every Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2243/Math 2373/Math 2574H |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2243/Math 2373/Math 2574H |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Math 2243/Math 2373/Math 2574H |
Grading Basis: | A-F only |
Typically offered: | Every Spring |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Econ 3102/3024/ApEc 3006 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall & Spring |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall |
Credits: | 4.0 [max 4.0] |
Typically offered: | Every Fall & Spring |
Credits: | 1.0 -3.0 [max 3.0] |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4431W/Econ 4431V/Econ 443 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4531/Econ 4538 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 3601/Econ 4631/Econ 4631H |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 3801/Econ 4828/Econ 4821 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall & Spring |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4611H/Econ 4831 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | Econ 3102/3024/ApEc 3006 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 3701/Econ 4721/Econ 4721H |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 3.0 [max 3.0] |
Course Equivalencies: | Econ 4751/Econ 4751H/Econ 4758 |
Grading Basis: | A-F or Aud |
Typically offered: | Every Fall, Spring & Summer |
Credits: | 4.0 [max 4.0] |
Course Equivalencies: | AnSc 3011/ESPM 3012/Stat 3011/ |
Typically offered: | Every Fall, Spring & Summer |