Economics Minor

A minor in Economics offers an understanding of how the economy operates and provides a basis for information and opinions on many public issues. Students in the minor will study microeconomics theory which provides strategies on how to maximize profit, techniques for measuring how customers will respond to changes in price, and how the potential profitability of the firm will vary with the level of competition. Macroeconomics theory will a why inflation, unemployment, and interest rates change. The economics minors prepare students to address universal societal issues and gain a better understanding of the local and global economy.