Economic Policy, Minor

Economics is a social science and as such an important component of the liberal arts curriculum. At the core of economics are theories of how individuals, firms, and other organizations make choices and interact, taking into account constraints on their behaviors. Among the topics studied in economics are: the determination of prices and quantities in various types of markets (from perfectly competitive commodity markets to highly regulated utility markets and internet auctions); the effects of taxes, subsidies, and regulations; the determination of aggregate economic activity (e.g., GDP, unemployment); inflation, monetary policy, and financial intermediation; economic growth and income distribution; international trade and international finance (e.g., exchange rates). Economic policy questions stand at the center of public policy debates in the U.S. and countries all around the world. The goal of the Economic Policy Minor is to provide students who are not majoring in economics with the analytical tools that are necessary to participate in and shape public policy debates. The foundation for the minor is provided by the microeconomics and macroeconomics principles courses. After having completed the principles courses, the student can choose a minimum of four elective courses, which apply the basic tools of economic analysis to specific policy questions. The completion of the Economic Policy Minor does not require university-level calculus courses.

Minor Requirements
Required 1
ECON 001Introduction to Micro Economics1
ECON 002Introductory Economics: Macro1
Select four of the following: 1,24
Development Economics
Public Policy Analysis
Labor Economics
Political Economy
Industrial Organization
Law and Economics
Economics and Financing of Health Care Delivery
International Economics
Statistics for Economists
Total Course Units6

It is highly recommended that students take ECON 030 Public Policy Analysis as one of the electives.


Students may substitute a 0-level for a 200-level in the same subject area provided they fulfill the prerequisites.

The degree and major requirements displayed are intended as a guide for students entering in the Fall of 2017 and later. Students should consult with their academic program regarding final certifications and requirements for graduation.