The advantage of having a minor in economics is that it allows you to look at resource and technical challenges, and connect the science and business of it all.”Adam Flaster, BSME’08, minor in economics
Corporate restructuring, government’s role in business, international competition – these are issues that affect us all, especially in today’s ever-changing economy. Studying economics, from interest rates and inflation to globalization and government policy, can provide practical skills you can apply to everyday life – whether at home or on the job. A minor in economics from Lawrence Technological University can teach you to think rigorously, analyze economic incentives, and understand the outside forces which influence all organizations.
The economics minor features a curriculum closely integrated with the humanities and other social sciences and focuses on public policy and public interest. The topics covered in the program, which include costs, finances, and markets, are designed to help you make sense of the institutions and theories that collectively drive most of the world’s marketplace. You will have the opportunity to develop your analytical, problem-solving, critical thinking, and communication skills – skills that all employers seek.
In addition to strengthening your undergraduate degree, the minor in economics can help make your resume stand out, especially if you plan to pursue a career in fields such as banking, government, or education. A strong background in economics also can be useful if you wish to attain management positions in architecture, chemistry, computers, engineering, or physics. If you choose to continue your education, Lawrence Tech’s minor in economics can be excellent preparation for graduate study in business, law, education, or public administration.
The minor in economics requires 19 credit hours, depending on the courses you choose, and provides exceptional exposure to the roles and limitations of – as well as opportunities for – government in our lives. The curriculum builds on the material covered in Foundations of the American Experience and Development of the American Experience. Both of these courses are required of all undergraduates and must be completed before you begin your upper-division course work in economics.
|MCS 1224 Survey of Calculus or|
|MCS 1414 Calculus 1 or|
|MCS 2124 Statistics|
|Foundational Economics Courses||6 credits|
|SSC 2303 Principles of Economics|
|SSC 2403 Principles of Economics 2|
|Economics Electives||9 credits|
|Three (3) upper-division courses in economics (advisor approval req'd)|
|Note: SSC 3523 (Money and Banking) is an economics course.|