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Undergraduate Minor in


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

Course Availability

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