Economics
Overview
Economics is the study of how to critically evaluate problems and make well-reasoned decisions. The Department of Economics is well-suited to helping you develop important skills including:
- the ability to apply a general framework of analysis for solving real-world problems
- conduct mathematical and statistical analysis
- work with data to address specific issues
- effectively communicate in written and oral form
The minor in Economics meets the needs of students who seek a basic foundation in economic analysis, with formal recognition of this on their transcripts, but who are unable to complete the major. The minor requires 18 hours of Economics courses. Students completing degrees in Actuarial Science, Business Administration, Environmental Studies, Finance, Renewable Energy, or Mathematics with related coursework in Economics can obtain a minor with just a few extra courses.
Point of Pride
The Registered Student Organizations (Economics Student Association and Undergraduate Women in Economics) organize several annual events, including trips to the Federal Reserve Bank in St. Louis and Economics conferences, a Career Night, and special seminar speakers.
Why study Economics?
Economics is the study of how people deploy resources to meet human needs. Economists are interested in incentives and prices, earnings and employment, investments and trade among many things. A minor in Economics provides knowledge and information needed to understand critical economic issues but requires less time than majoring in the subject. It helps students to better prepare for their career, diversify their resume and develop a deeper understanding of world events.
How to Apply
Application Information
Minors can only be declared by current Illinois State students. Current students can use the tool on .
Application Period
We accept applications from current ISU students on a rolling basis and notify the applicants of the status of their applications via campus email by the 15th day of the following month.