Lead Faculty: Brian P. Simpson, Ph.D.
The Minor in Economics is designed for those students who seek to gain specialized knowledge in the field of economics. It emphasizes market process (or free market) economics. Economics prepares students for careers in business, government, and non-profit organizations. Economics also provides very good preparation for graduate level work, including in business, law, public policy, and public administration.
Knowledge of economics can increase one's earning potential relative to other academic fields (including business and management). According to a U.S. Department of Commerce report, those with undergraduate economic degrees are among the highest paid workers. They place third out of fifteen academic fields (behind only engineering and agriculture/forestry). By minoring in economics, students can take advantage of some of the increased earnings potential that economics makes possible. Students must successfully complete the following courses for a minor in economics.
(8 courses, 36 quarter units)
Prerequisites for the Minor (2 courses, 9 quarter units):
ECO 203 - Principles of Microeconomics*
ECO 204 - Principles of Macroeconomics*
* May be used to satisfy general education requirements.
Note: ECO 203 and ECO 204 are not prerequisites for all courses in the minor.
Core Requirements (6 courses, 27 quarter units):
ECO 401 - Market Process Economics I
ECO 402 - Market Process Economics II
ECO 447 - Money and Banking (Prerequisites: ECO 203 and 204)
ECO 415 - Labor Economics (Prerequisites: ECO 203 and 204)
ECO 420 - International Economics (Prerequisites: ECO 203 and 204)
ECO 430 - Economics and Philosophy
National University is an affiliate of the National University System.