The 18-credit economics minor is composed of four required economics courses. In addition, you must take a minimum of two additional 400-level ECON courses to complete the requirements for the minor. A grade of "C" or better is required in all courses that you take to fulfill requirements for the minor.

Convenient and Flexible

Each course is taught using a blend of web technology, print, and other media to maximize flexibility while maintaining teacher and student interaction. As a Penn State World Campus student, you have the opportunity to learn when and where it's most convenient for you.

Course List - Undergraduate Minor in Economics

Prescribed Courses (12 credits)
Title Abbreviation Description Credits
Introductory Microeconomic Analysis and Policy  ECON 102 Methods of economic analysis and their use; price determination; theory of the firm; distribution. 3 credits
Introductory Macroeconomic Analysis and Policy ECON 104 National income measurement; aggregate economic models; money and income; policy problems. 3 credits
Intermediate Microeconomic Analysis  ECON 302 Allocation of resources and distribution of income within various market structures, with emphasis on analytical tools.

Prerequisite: ECON 102
3 credits
Intermediate Macroeconomic Analysis ECON 304 Analysis of forces that determine the level of aggregate economic activity.

Prerequisite: ECON 104
3 credits
Supporting Courses and Related Areas (6 credits)
Title Abbreviation Description Credits
 Decision Making and Strategy in Economics ECON 402 Development and application of the tools for decision making under uncertainty and for game theoretic analysis of economic problems. 3 credits
Economics of Public Expenditures ECON 425 Analytic and policy aspects of public expenditure decisions; applications from areas of contemporary public interest.

Prerequisite: ECON 302 or ECON 323
3 credits
 Environmental Economics ECON 428  
Environmental pollution, the market economy, and optimal resource allocation; alternative control procedures; levels of environmental protection and public policy.
3 credits
Advanced International Trade Theory and Policy ECON 433  
Causes/consequences of trade; effects of tariffs and quotas; strategic trade policy; political economy of trade restrictions and other topics.
3 credits
International Finance and Open Economy Macroeconomics ECON 434 Trade balance movements, exchange rate determination; monetary and fiscal policies in open economies; international policy coordination; the world monetary system.

Prerequisite: ECON 304 or ECON 333
3 credits
Growth and Development ECON 471 Problems of capital formation, institutional considerations, theories of economic growth.

Prerequisite: ECON 302 or ECON 304, or ECON 372
3 credits

 

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