Academic Catalog 2017–2018

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Minor in Economics


The Minor in Economics provides the non-business LAU student community with the opportunity to combine their primary fields of study with knowledge in economics. The program supports disciplines such as engineering, computer science, mathematics, political science, history and pharmacy, and increases the graduates’ chances of employability in areas where these fields interact with economics.

Furthermore, the minor provides preparation for graduate work in economics for those coming from quantitative scientific fields (physics, math, computer science, and engineering) or for graduate work in multidisciplinary fields related to domains such as financial engineering, construction and engineering management and economics, pharmaco-economics, health economics, and political economy.


The Minor in Economics requires a total of 18 credits, distributed as follows:

  • Required Courses (12 credits)
  • Elective Courses (6 credits)

Required Courses (12 credits)

  • ECO201    Microeconomics (3 cr.)
  • ECO202    Macroeconomics (3 cr.)
  • ECO305    Intermediate Microeconomics (3 cr.)
  • ECO306    Intermediate Macroeconomics (3 cr.)

Elective Courses (6 or 7 credits)

  • ECO304    Mathematical Methods for Economics (3 cr.)
  • ECO311    Economic Development (3 cr.)
  • ECO320    Environmental, Resource & Energy Economics (3 cr.)
  • ECO332    Introductory Econometrics (4 cr.)
  • ECO333    Comparative Economic Systems (3 cr.)
  • ECO335    International Economics (3 cr.)
  • ECO342    Labor and Human Resource Economics (3 cr.)
  • ECO344    Economics, Ethics & Philosophy (3 cr.)
  • ECO346    Foundations of Political Economy (3 cr.)
  • ECO402    Special Topics in Economics (3 cr.)
  • ECO420    Monetary Theory & Policy (3 cr.)
  • ECO422    Public Finance (3 cr.)