Economics Undergraduate Minor
A Minor in Economics is offered to students earning degrees outside the School of Management. Students must complete the Request to Enroll in an Upper Level Krannert Course form via the Krannert website to register for any upper division Economics electives each semester. Minor Requirements:
- A grade of a C- or better must be earned in any course used to fulfill the minor.
- Transfer credit for ECON 25100 and ECON 25200 will be accepted for the minor only if posted on the student's Purdue transcript as ECON 25100 and/or ECON 25200. Undistributed transfer credit (i.e. ECON 2XXXX) will not be accepted.
- All Upper Division Economics courses must be completed at Purdue University; there is an exception to this requirement for one upper division Economics course if it is part of a Krannert-approved study abroad program.
For all Students: Complete the following 2 required courses. 6 hours
- ECON 251 Microeconomics
- ECON 252 Macroeconomics
For all Students: Complete 3 additional upper-level Economics courses from the list below. 9 hours
All three upper level courses must be completed at Purdue, West Lafayette. Further, you must meet the prerequisite requirements for each class as listed in parentheses below.
- ECON 340 Intermediate Microeconomics (251 and 1 calculus courses)
- ECON 352 Intermediate Macroeconomics (251, 252, 1 calculus and upper division status*)
- ECON 360 Econometrics (MGMT 305 or equivalent)
- ECON 361 Antitrust and Regulation (251)
- ECON 370 International Trade (251, 252)
- ECON 371 Intern. Monetary Problems (251, 252)
- ECON 380 Money and Banking (251, 252)
- ECON 385 Labor Economics (251)
- ECON 419 Managerial Economics (251)
- ECON 451 Game Theory (251)
- ECON 461 Industrial Economics (251)
- ECON 466 International Economics (252, 340)
- ECON 471 Behavioral Economics (251, 252)
- ECON XXX Krannert Approved Study Abroad Course (other than principles)
- ECON 511 Intermdiate Micro (replaces 340, instructor approval required)
- ECON 512 Intermediae Macro (replaces 352, instructor approval required)
- ECON 562 Econometrics (replaces 360, instructor approval required)
NEW COMBINED DEGREE FOR STEM MAJORS PURSUING A MINOR IN ECONOMICS:
Majors in Engineering, Mathematics, and Statistics pursuing a Minor in Economics have the option of replacing Econ 340 with Econ 511 (fall semester), Econ 360 with Econ 562 (fall semester), and/or Econ 352 with Econ 512 (spring semester). To do so, such a student must be a junior or senior and obtain permission from the instructor (Professor Novshek for Econ 511, Professor Mumford for Econ 562, and Professor Hoelle for Econ 512). These graduate level courses can be used to fulfill the upper level course requirements for a Minor in Economics. These three courses can also be used toward meeting requirements for the MS degree in Economics. One option open to students who take these courses is to complete the remaining requirements (21 credit hours) for the MS degree in Economics after graduating by taking an innovative set of online courses specifically designed for the MS degree program. Follow the link for more information on the combined degree program: BS in Engineering, Science, or Mathematics and MS degree in Economics.
Note that students other than Economics Majors in the School of Management can pursue a Concentration in Economics rather than a Minor in Economics. For more information on the requirements for Concentrations, including the Economics concentration, click here.