OPEN TO ALL MAJORS
The economics minor includes 18 credit hours. All courses are offered online. High-speed Internet access is required. To determine availability of a course for a particular semester, refer to the class schedule.
ECON 200 Principles of Macroeconomics—3 credits.
Presents the essential features of the field of macroeconomics to convey an understanding of how a market economy functions at the aggregate level. Major elements include: national income accounting, unemployment, inflation, investment, aggregate demand and supply, the monetary system, stabilization policy, economic growth, and international trade.
ECON 201 Principles of Microeconomics—3 credits.
Presents the essential features of the field of microeconomics to explain the nature and function of markets, and the behavior of households and firms in the market context. Major elements include: opportunity cost, supply and demand analysis, consumer theory, theory of the firm, and market structure.
ECON 321 Money and Banking—3 credits.
The nature and function of credit in the American economy; operation of the commercial bank; purposes and functions of the Federal Reserve System; and an introduction to monetary theory. Prerequisites: ECON 100, or 200 and 201, or consent of instructor.
ECON 302 Economics of Health and Medical Care—3 credits.
Relates institutional arrangements to economic efficiency and productivity in the provision of health and medical services.
ECON 331 Public Finance—3 credits.
Introduction to government finance. Study of public expenditures; debt management; various types of revenue, including public domain, fees, special assessments, and taxes. Theories and principles of taxation. Prerequisites: ECON 100, or 200 and 201.
ECON 351 Survey of Labor Economics and Labor Institutions—3 credits.
Introduction to the economic problems of wage earners in modern society. Labor markets; labor history; labor organizations; collective bargaining; and public policy toward labor. Prerequisites: ECON 100, or 200 and 201.
ECON 446 Theory of Economic Development—3 credits.
History, theory, reality, and problems of economic development; current constraints on sustained growth and alternative development models. Prerequisites: ECON 100, ECON 200, and ECON 201, or consent of instructor.
Indiana State Online Students Residing Outside of Indiana: Each of the states has its own approval processes for out-of-state institutions offering online degrees. While Indiana State University endeavors to offer all of its programs to as wide an audience as possible, all ISU online programs may not be available in all states. Currently, online programs are not offered in the states of Arkansas and Massachusetts. To check the status of programs available in a particular state, visit program availability.
The Catalog of Indiana State University is the document of authority for all students. The requirements given in the catalog supersede information issued by any academic department, program, college, or school. The University reserves the right to change the requirements at any time.
Last updated 28 April 2014