This minor is open to all students except economics majors. The economics faculty believes strongly in its role as a provider of education in economics to a broad range of students in other majors. Even moderate contact with the concepts and applications of economics will be valuable to most students. The minor in economics provides recognition to the student who does not want a major in economics but who has taken several courses in the area. The minor in economics consists of a minimum of 18 semester credits in economics courses.

Students must take ECN 210 or both ECN 200 and 201 and any prerequisites for these courses. Students must earn at least 12 additional credits in economics (ECN) courses in order to fulfill the credit requirement (see list below). Students taking ECN 150 before ECN 200 or ECN 201, and who subsequently become economic minors, should talk to the Department of Economics chairperson.

The department offers selected courses from this catalog as warranted by student needs and availability of faculty. Specific offerings for each term may be found in the Schedule of Classes.

Following is a general description of the economics courses offered

ECN 150: An introductory economics course for students not majoring in economics or business. After ECN 150, students may take certain economics courses numbered less than 350. ECN 150 satisfies the university general education requirement in the social science knowledge exploration area for 2005-2006.

ECN 200 and 201: Introductory courses for students who intend to major in economics or business or students who desire a more complete understanding of economics.

ECN 210: The accelerated course, combines the material of ECN 200 and 201 into a single semester, 6-credit course. Highly motivated and well-prepared students should consider taking ECN 210 instead of ECN 200 and 201. ECN 200 and ECN 210 satisfy the university general education requirement in the social science knowledge exploration area for 2005-2006.

ECN 302-304: These intermediate economic analysis courses are designed for students who intend to major in economics or an area of business. Students may be admitted to these courses if they are pursuing a minor in economics and have met the prerequisites.

ECN 309-338: Economics electives numbered 309 through 338 are applications of economics that are open to students who have taken ECN 150, 200 or 210.

ECN 367-385: Economics electives numbered 367 through 385 are intermediate level courses in the applications of economics intended for majors or minors in economics and business. These courses are open to students who have taken ECN 201 or 210.

ECN 405-490: Economics courses numbered 405 or higher are advanced courses. Enrollment in these courses is generally limited to students who have taken ECN 303.

A detailed description of the following economics courses is given in the School of Business Administration section of this catalog:

ECN 150 Economics in Today's World (4)
ECN 200 Principles of Macroeconomics (4)
ECN 201 Principles of Microeconomics (4)
ECN 210 Principles of Economics (6)
ECN 302 Intermediate Macroeconomics (3)
ECN 303 Managerial Economics (3)
ECN 304 Consumer Economics (3)
ECN 309 State and Local Public Finance (3)
ECN 310 Economics of the Environment (3)
ECN 315 Economics of Gender (3)
ECN 321 Financial Markets and the Economy (3)
ECN 326 International Economic Development (3)
ECN 333 History of Economic Thought (3)
ECN 338 Economics of Human Resources (3)
ECN 367 Economics of Health Care (3)
ECN 373 International Trade (3)
ECN 374 Economics of International Finance (3)
ECN 378 Economic Analysis of Law (3)
ECN 380 Topics in Economics (3)
ECN 385 Economics of Industries (3)
ECN 405 Econometrics (3)
ECN 409 Urban and Regional Economics (3)
ECN 418 Seminar in Economic Policy (3)
ECN 421 Monetary Economics (3)
ECN 456 Public Finance (3)
ECN 480 Special Topics in Economics (3)
ECN 490 Independent Study (1-3)

A minimum of 20 credits in economics is required for the secondary teaching minor in economics distributed as follows:

1. ECN 200 and 201
2. Four courses (12 credits) with at least one course from each of the following three groupings:
1. ECN 309 (3), ECN 321 (3)
2. ECN 326 (3), ECN 373 (3)
3. ECN 310 (3), ECN 315 (3), ECN 338 (3), ECN 367 (3), ECN 378 (3) ECN 385 (3)

In addition SED 427, Methods of Teaching Secondary Students, is required. Note: The department recommends that students choose ECN 321 or ECN 373. At least 6 credit hours must be taken at Oakland University.

Generally, a cumulative grade point average of 3.00 is required in courses for the minor, with no single course grade below 2.0. Second undergraduate degree candidates completing the minor may be required to take additional courses at Oakland University beyond the stated minimums. Students should consult with the chair in the Department of Economics (445 EH) or with the College of Arts and Sciences advising office (221 Varner).