Courses

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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