The economics minor consists of 15 credit hours, frequently combined with a major in business administration, political science, sociology, or international studies. The study of economics at Houghton contributes to a rigorous, liberal-arts preparation for further professional study, such as in law, or for graduate study in economics, business, journalism, politics, or one of the other social sciences.
The economics curriculum includes courses in microeconomics, macroeconomics, international economics, American economic history, managerial economics, comparative economic systems, money and banking, and independent study—all taught by a Ph.D. economist and published scholar.
The curriculum stresses the wide application of the market model and of institutional theory for explaining individual and social behavior in various contexts. Students also explore the advantages and disadvantages of various systems of economic organization. Economics serves therefore as a useful complement to study in the other social sciences, especially political science and sociology, as well as in the fields of management, finance, and accounting.
|ECON 210 – Principles of Microeconomics||3|
|ECON 211 – Principles of Macroeconomics||3|
|Electives – Choose from any economics courses numbered 200 and above.||9|