Minor in International Economics

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

The purpose of the International Economic Minor is to make the principles and fundamentals that govern global and international economics accessible to students with a wide range of academic backgrounds who are interested in international economic issues.

Requirements

The minor requires at least 15 credit hours, including the requirements listed below.

Introductory Microeconomics. One (1) course:
- ECON-B 251 Fundamentals of Economics for Business I
- ECON-E 201 Introduction to Microeconomics
- ECON-E 251 Fundamentals of Economics I
- 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.
- Fall 2024CASE SHcourse
  
  Summer 2024CASE SHcourse
  
  Spring 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.
- Fall 2024CASE SHcourse
  
  Summer 2024CASE SHcourse
  
  Spring 2024CASE SHcourse
ECON-E 251 Fundamentals of Economics I
Credits
3
Prerequisites
None
Description
First course in a two-course sequence that lays the foundations for a solid understanding of economics. 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 public policy applications.
Repeatability
Credit given for only one of ECON-E 251 or ECON-B 251.
- Fall 2024CASE SHcourse
  
  Summer 2024CASE SHcourse
  
  Spring 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.
- Fall 2024CASE SHcourse
  
  Summer 2024CASE SHcourse
  
  Spring 2024CASE SHcourse
Introductory 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.
- Fall 2024CASE SHcourse
  
  Summer 2024CASE SHcourse
  
  Spring 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.
- Fall 2024CASE SHcourse
  
  Summer 2024CASE SHcourse
  
  Spring 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.
- Fall 2024CASE SHcourse
  
  Summer 2024CASE SHcourse
  
  Spring 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.
- Fall 2024CASE SHcourse
  
  Summer 2024CASE SHcourse
  
  Spring 2024CASE SHcourse
International Economics. One (1) course:
- ECON-E 303 Survey of International Economics
ECON-E 303 Survey of International Economics
Credits
3
Prerequisites
ECON-E 252 or ECON-B 252
Description
Basis for and effects of international trade, commercial policy and effects of trade restrictions, balance of payments and exchange rate adjustment, international monetary systems, and fixed versus flexible exchange rates.
- Fall 2024CASE SHcourse
  
  Summer 2024CASE SHcourse
  
  Spring 2024CASE SHcourse
Economic Growth and Development. One (1) course:
- ECON-E 317 Economic Growth and Development
ECON-E 317 Economic Growth and Development

Credits
3
Prerequisites
ECON-E 252 or ECON-B 252
Description
Explores income differences across countries, income growth rates over time, and other measures of standard of living. Empirical and theoretical methods, as well as microeconomic and macroeconomic perspectives, are used to address questions, such as why are some countries so rich, while other countries are so poor?
Advanced International Economics. One (1) course:
- ECON-E 318 Topics in International Economics
ECON-E 318 Topics in International Economics

Credits
3
Prerequisites
ECON-E 303 and ECON-E 317
Description
Advanced topics in international economics based on microeconomic principles. Topics vary, but may include international trade institutions; trade negotiations; foreign direct investment; effects of trade on consumers, labor, and capital; the effects of trade on productivity, growth and welfare; intellectual property rights, financial integration, and analysis of particular trade agreements such as NAFTA.
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.