Economics Minor Requirements

The management and organization minor is designed to provide students with an understanding of management theory, practices and principles within a liberal arts curriculum.

Objectives: Upon completion of the management and organization minor a student will be able to:

1. Comprehend the fundamental concepts and principles of financial accounting.
2. Identify the key relationships and concepts associated with various theories of management.
3. Identify the central role of marketing as an economic activity linking physical production to the ultimate consumption of goods and services.
4. Comprehend within an economic context the strategic role and relationships involving marketing institutions, final consumers, marketing functions and marketing policies.
5. Apply the theories, concepts and techniques of finance to real-world business decision-making.
6. Comprehend the application of management and organization theory to actual work situations.
7. Develop the student’s decision-making capacity and confidence from the vantage point of actual work situations.
8. Develop the skills and capabilities required to succeed in the world of work and to successfully pursue graduate study in business.

Requirements: For the minor, a student is required to take 28 semester hours in the following courses: Principles of Macroeconomics (ECON 241); Principles of Microeconomics (ECON 242); Basic Statistics; Principles of Accounting (MGT 261); Principles of Management (MGT 300); Principles of Marketing (MGT 305); Principles of Finance (MGT 320). Economics majors must take an additional 4 hours of Economics or 4 hours of Management and Organization electives. For further information, contact the program coordinator in the Economics Department.