Benefit of an Economics Minor

A minor in economics confers a range of benefits, regardless of a student's major field of study. Studying economics provides a base of knowledge that benefits a student in the workplace, as a consumer and as a voter.
  1. Function

    • A minor in economics provides a foundation in the basics of economic principles, plus an opportunity to gain some specialized knowledge of the discipline through upper-level courses.

    Benefits

    • A minor in economics provides knowledge and information that will make a student a better-informed consumer and participant in the world economy. It also provides a basis for a better understanding of world events.

    Features

    • A minor in economics in many universities requires a student to complete one or more introductory economics classes, as well as two or more advanced courses in the discipline.

    Potential

    • When choosing their upper-level courses, students minoring in economics can select courses that are compatible with their major field of study. A student majoring in political science, for example, may study international economics, while a business major may study finance or business economics.

    Considerations

    • Students pursuing a minor in economics should consider taking a course in economic mathematics or statistics to better understand methods of economic analysis.

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