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This minor may only be completed by students admitted to the Elementary Education or the Elementary Education and Special Education programs. A minor is not required to complete either program.

Minors provide a depth of study in a particular area of interest and also inform classroom instruction. The completion of a minor is required to teach middle school in some states and may benefit students particularly interested in teaching at this level.

The Department of Economics is housed in the College of Letters & Science. Students may wish to consult with an economics undergraduate advisor to discuss course selection and other issues related to this field of study. Academic advising is available in Room 7238 of the Social Science Building. Email: econadvise@ssc.wisc.edu.

Upon completion, the subject area of the minor will be posted on the UW–Madison transcript. Students will not receive an additional certification or license in the subject area. The Wisconsin Department of Public Instruction does not offer content licenses in association with the Elementary Education or Special Education teaching licenses.

How to Get In

This minor may only be declared by students completing the Elementary Education or the Elementary Education and Special Education programs. To declare the minor, contact your academic advisor in Education Student Services any time after program admission.

Requirements

The Economics minor requires a minimum of 24 credits. A minimum cumulative grade point average of 2.75 is required, based on all Economics minor coursework taken on the UW–Madison campus.

Students completing the Economics minor will need calculus as a prerequisite to the required minor coursework. Mathematics coursework may be applied toward the liberal studies requirement.

Introduction to Microeconomics and Macroeconomics
Complete one of the following:4-7
Principles of Microeconomics
and Principles of Macroeconomics
Principles of Economics-Accelerated Treatment
Intermediate Microeconomic Theory3-4
Intermediate Microeconomic Theory
Intermediate Microeconomic Theory - Advanced Treatment
Intermediate Macroeconomic Theory3-4
Intermediate Macroeconomic Theory
Intermediate Macroeconomic Theory - Advanced Treatment
Statistics
Select one of the following, or an approved substitute:3-4
Statistics: Measurement in Economics (preferred)
Introduction to Statistical Methods
Introduction to Probability and Mathematical Statistics I
Introduction to Theory and Methods of Mathematical Statistics I
Economics Elective
Select one of the following (ECON 330 or 464 are preferred): 3-4
Money and Banking
International Trade
Introductory Econometrics
Analytical Public Finance
Human Resources and Economic Growth
Wages and the Labor Market
International Industrial Organizations
Industrial Organization and Imperfect Competition
Economics of Growth
Game Theory and Economic Analysis
Law and Economics
The Economics of Health Care
Issues in International Trade
Issues in International Finance
If needed, additional Economics coursework to reach the minimim of 24 credits.