UMUC

School of Undergraduate Studies

Economics

Students may seek an academic minor in economics.

Minor in Economics

The economics minor complements the skills the student gains in his or her major discipline by providing a study of the forces that determine production and distribution, price levels and income distribution, as well as other economic factors that influence the quality of life.

Objectives

The student who graduates with a minor in economics will be able to

  • Explain fundamental economic concepts and understand the principles and problems of modern economic life.
  • Examine the relation of economic concepts to a variety of current social problems, including poverty, divorce, social stratification and unemployment.
  • Analyze economic and social issues and their relationship to personal, public and business decisions.

Requirements for the Economics Minor

A minor in economics requires the completion of 15 credits in economics. All ECON courses apply. Students should take ECON 201 and 203 as the first courses in the minor (if they have not already applied the courses toward other degree requirements).

Courses may not duplicate those used to satisfy requirements for the major. At least 9 credits must be earned in upper-level courses (numbered 300 or above). Prerequisites apply for all courses.