Minor in Economics

Students on Summer 2019, Fall 2019, or Spring 2020 requirements ECONMIN

Requirements

The minor requires at least 18 credit hours, including the requirements listed below.

Calculus. One (1) course:
- MATH-M 119 Brief Survey of Calculus I
- MATH-M 211 Calculus I
MATH-M 119 Brief Survey of Calculus I
Credits
3
Prerequisites
None
Notes
R: To be successful, students will demonstrate mastery of two years of high school algebra, one year of high school geometry, and pre-calculus as indicated by an appropriate ALEKS score or completion of MATH-M 025 or MATH-M 027
Description
Introduction to calculus. Primarily for students from business and the social sciences.
Repeatability
Credit given for only one of MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211.
- Summer 2025CASE MMcourse
  
  Spring 2025CASE MMcourse
  
  Fall 2024CASE MMcourse
- Summer 2025CASE NMcourse
  
  Spring 2025CASE NMcourse
  
  Fall 2024CASE NMcourse
MATH-M 211 Calculus I
Credits
4
Prerequisites
None
Notes
R: To be successful, students will demonstrate mastery of two years of high school algebra, one year of high school geometry, and pre-calculus, and trigonometry as indicated by an appropriate ALEKS score or completion of MATH-M 027
Description
Limits, continuity, derivatives, definite and indefinite integrals, applications.
Repeatability
A student may receive credit for only one of the following: MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211.
- Summer 2025CASE MMcourse
  
  Spring 2025CASE MMcourse
  
  Fall 2024CASE MMcourse
- Summer 2025CASE NMcourse
  
  Spring 2025CASE NMcourse
  
  Fall 2024CASE NMcourse
Introduction to Microeconomics. One (1) course:
- ECON-B 251 Fundamentals of Economics for Business I
- ECON-E 201 Introduction to Microeconomics
- ECON-E 251
- ECON-S 201 Introduction to Microeconomics: Honors
ECON-B 251 Fundamentals of Economics for Business I
Credits
3
Prerequisites
None
Description
First course in a two-course sequence that introduces business students to essential economic concepts. Examines the economic notions of cost and gains from trade, determinants of economic growth, consumer and firm behavior in competitive and non-competitive environments, the effects of taxation, externalities, moral hazard and adverse selection, and basic game theory.
Repeatability
Credit given for only one of ECON-B 251 or ECON-E 251.
- Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
ECON-E 201 Introduction to Microeconomics
Credits
3
Prerequisites
None
Description
Scarcity, opportunity cost, competitive and non-competitive market pricing, and interdependence as an analytical core. Individual sections apply this core to a variety of current economic policy problems, such as poverty, pollution, excise taxes, rent controls, and farm subsidies.
- Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
ECON-S 201 Introduction to Microeconomics: Honors
Credits
3
Prerequisites
Honors student
Description
Designed for students of superior ability. Covers same core materials as ECON-E 201 and substitutes for ECON-E 201 as a prerequisite for other courses.
- Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
Introduction to Macroeconomics. One (1) course:
- ECON-B 252 Fundamentals of Economics for Business II
- ECON-E 202 Introduction to Macroeconomics
- ECON-E 252 Fundamentals of Economics II
- ECON-S 202 Introduction to Macroeconomics: Honors
ECON-B 252 Fundamentals of Economics for Business II
Credits
3
Prerequisites
ECON-B 251
Description
Continuation of Fundamental of Economics for Business I. After a review of the major types of markets, explores macroeconomic concepts, beginning with measurement and the National Income Accounts, and then moving to cycle fluctuations and performance of stock markets. Concludes with microeconomic and macroeconomic perspectives in two areas: labor markets and globalization will applications in business contexts.
Repeatability
Credit given for only one of ECON-B 252 or ECON-E 252.
- Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
ECON-E 202 Introduction to Macroeconomics
Credits
3
Prerequisites
ECON-E 201 or ECON-S 201
Description
Measuring and explaining aggregate economic performance, money, monetary policy, and fiscal policy as an analytical core. Individual sections apply this core to a variety of current economic policy problems, such as inflation, unemployment, and economic growth.
- Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
ECON-E 252 Fundamentals of Economics II
Credits
3
Prerequisites
ECON-E 251 or ECON-B 251
Description
Continuation of Fundamental of Economics I. After a review of the major types of markets, explores macroeconomic concepts, beginning with measurement and the National Income Accounts, and then moving to cycle fluctuations and performance of stock markets. Concludes with microeconomic and macroeconomic perspectives in two areas: labor markets and globalization.
Repeatability
Credit given for only one of ECON-E 252 or ECON-B 252.
- Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
ECON-S 202 Introduction to Macroeconomics: Honors
Credits
3
Prerequisites
ECON-S 201 or ECON-E 201; Honors student
Description
Designed for students of superior ability. Covers same core material as ECON-E 202 and substitutes for ECON-E 202 as a prerequisite for other courses.
- Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
Intermediate Microeconomic Theory. One (1) course:
- ECON-E 321 Intermediate Microeconomic Theory
- ECON-S 321 Intermediate Microeconomic Theory: Honors
ECON-E 321 Intermediate Microeconomic Theory
Credits
3
Prerequisites
ECON-B 251 or ECON-E 251; and MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211
Description
Develops economic models of both consumer and firm behavior, including non-strategic and strategic interactions. Models of market structure and behavior focus on price and output determination and include circumstances in which markets may succeed or fail to deliver socially beneficial outcomes.
Repeatability
Credit given for only one of ECON-E 321 or ECON-S 321.
- Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
ECON-S 321 Intermediate Microeconomic Theory: Honors
Credits
3
Prerequisites
ECON-B 251 or ECON-E 251; and MATH-J 113, MATH-M 119, MATH-V 119, MATH-M 211, or MATH-S 211
Description
Designed for students of superior ability. Covers same core material as ECON-E 321.
Repeatability
Credit given for only one of ECON-E 321 or ECON-S 321.
- Summer 2025CASE SHcourse
  
  Spring 2025CASE SHcourse
  
  Fall 2024CASE SHcourse
Advanced electives. At least two additional economics courses (6 credit hours) at the 300 or 400 level, excluding ECON-E 496 and ECON-X 373. At least one of these elective courses (3 credit hours) must be numbered above ECON-E 321, excluding ECON-E 370.
Minor GPA, Hours, and Minimum Grade Requirements.
1. At least 9 credit hours in the minor must be completed in courses taken through the Indiana University Bloomington campus or an IU-administered or IU co-sponsored Overseas Study program.
2. At least 9 credit hours in the minor must be completed at the 300–499 level.
3. Except for the GPA requirement, a grade of C- or higher is required for a course to count toward a requirement in the minor.
4. A GPA of at least 2.000 for all courses taken in the minor—including those where a grade lower than C- is earned—is required.
5. Exceptions to minor requirements may be made with the approval of the department's Director of Undergraduate Studies, subject to final approval by the College of Arts and Sciences.