Applied Microeconomics Minor

Program Requirements

  • Total Units Required: 22-24
  • Grade Requirement: All courses in the minor (including Mathematics) must be completed with the letter grade option, and a grade of at least C– must be earned in each course.

Required Courses

ECON 1501Introduction to Microeconomics3
ECON 1502Introduction to Macroeconomics3
ECON 4001Intermediate Microeconomics3
MATH 1510 Calculus I or MATH 1515 Calculus I with Foundations3
MATH 1520Calculus II3
MATH 4830 Mathematical Economics or MATH 2130 Calculus III3
Total Units18

Elective Courses

  • One (3-unit) Economics elective having at least ECON 1501 and/or ECON 1502 as a prerequisite course
  • One (3-unit) Economics elective having ECON 4001 as a prerequisite course

Prerequisites

The prerequisite courses for ECON 4001 are ECON 1501 and MATH 1520. In addition, ECON 4830 or MATH 2130 must be taken prior to or concurrently with enrollment in ECON 4001.

Additional Information

  • No credit is awarded in the minor from the AP Microeconomics or the AP Macroeconomics exam(s). Similar policies exist for IB and British A-level coursework. Please refer to Arts & Sciences policies. Students electing to bypass one or both of the introductory courses (ECON 1501 and ECON 1502) must complete additional (3-unit) elective coursework at the 3000 level or higher to make up for the bypassed units.
  • Minors may receive a maximum of 3 units of transfer credit from other colleges/universities, including from study abroad/study away programs, to replace one of the following:  ECON 1501, ECON 1502, or a 3000-level economics elective. A minimum grade of C– must be earned, unless the transfer credit is from a study abroad/study away program. Students must complete study abroad/study away credit with a letter grade option, earning at least a grade of C.
  • AP credit for MATH 1510 and/or MATH 1520 is accepted in the Economics minor. 
  • Transfer credit for MATH or SDS courses is approved by the respective departments and is accepted by the Department of Economics for minor credit.
  • For further details on policies and procedures, please refer to the Undergraduate Guide and the department's website, or schedule a meeting with the department's Academic Coordinator.

Contact Info

Contact:Dorothy Petersen, Academic Coordinator
Phone:314-935-5644
Email:dottie@wustl.edu
Website:http://economics.wustl.edu