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Minor in Economics


The minor in economics affords students the opportunity to learn the foundations of economic analysis to better understand consumer and firm behavior and the coordinating mechanism of markets. Elective offerings are an opportunity to apply theory to practice or to further develop analytical and critical-thinking skills.

Competencies, Knowledge, or Skills to be Achieved

Students will develop the foundation of microeconomic and macroeconomic analysis that is critical in understanding the business and political environment. Electives courses allow students to apply their knowledge in a functional area such as entrepreneurship, finance, or politics, or to further develop their analytical skills through courses in data analysis or mathematics.

This minor is approved for all Citadel majors.

Structure of the Minor

Required courses (12 credit hours)

  • ECON 201 Principles of Microeconomics
  • ECON 202 Principles of Macroeconomics
  • ECON 301 Intermediate Microeconomics
  • ECON 302 Intermediate Macroeconomics

Elective Courses

  • ECON 330 Current Economic Controversies
  • ECON 402 The Cuban Economy
  • ECON 407 Money and Banking
  • PSI 351 International Political Economy
  • PSCI 353 International Economic and Development Institutions
  • STAT 461 Data Analysis
  • MATH 131 Analytic Geometry and Calculus I (or higher-level as approved by department head)

Other courses offered by the Baker School of Business as approved by the department head

Total Credit Hours Required: 15, at least 9 of which must be completed at The Citadel.

Prerequisites must be met – see course descriptions for prerequisite requirements.

Note: For cases in which the major (including all Business majors) already requires any of the economics minor courses, no more than 3 credit hours may apply to the 15 credit-hour requirement of the minor in economics.

For further information, please contact Bob Riggle, Department Chair, in the Baker School of Business.


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