{"id":7680,"date":"2021-11-09T18:42:36","date_gmt":"2021-11-10T00:42:36","guid":{"rendered":"https:\/\/uwm.edu\/webid2-test-lsweb\/?post_type=program&#038;p=663"},"modified":"2025-01-27T09:39:40","modified_gmt":"2025-01-27T15:39:40","slug":"economics-minor","status":"publish","type":"program","link":"https:\/\/uwm.edu\/economics\/academics\/economics-minor\/","title":{"rendered":"Economics, Minor"},"content":{"rendered":"\n\n<div id=\"primary\" class=\"content-area\">\n\t<div id=\"main\" class=\"site-main\">\n\t\t\n\n<section id=\"program-intro\" class=\"uwm-u-pt-80 uwm-u-pb-40\">\n    <div class=\"uwm-l-container--base\">\n        \n\n<div class=\"uwm-l-row\">\n<div id=\"intro-main\" class=\"uwm-l-col\">\n<header class=\"page-header\">\n    <h1 class=\"entry-title heading-separator\">\n        Economics, Minor                    <div class=\"program-degree size-h3 uwm-u-mt-20\">Minor<\/div>\n            <\/h1>\n<\/header>\n  \n\n\n\n\n<p class=\"default\"><style>\n\t\t\t.sc_courselist tr:nth-child(even) {\n \t\t\t background-color: #f2f2f2\n\t\t\t}\t\t\n\t\t\t.sc_footnotes td, .sc_footnotes th, .sc_footnotes table {  border-left: none;\n  border-right: none; padding: 8px;}\n\t\t\t\n\t\t\t.sc_courselist {\n\t\t\t\tborder-collapse: collapse;\n\t\t\t}\t\t\n\t\t\t.sc_courselist td, .sc_courselist th {\n\t\t\t\tborder: 1px solid #ddd;\n\t\t\t\tpadding: 8px;\n        min-width: 40px;\n\t\t\t}\t\t\n\t\t\t.hourscol{\n\t\t\t\ttext-align: right;\n\t\t\t}\t\t\t\n\t\t\t.hidden.noscript{\n\t\t\t\tdisplay: none;\n\t\t\t}\t\n\t\n\t.notinpdf{\n\t\tdisplay:none;\n\t}\n\t\t\t.areaheader, .symcol {\n\t\t\t\tfont-weight: bold;\n\t\t\t}\n\t.HU { background-color: #ffce9c; }\n\t\t\t.SS { background-color: #f0e68c; }\n\t\t\t.NS { background-color: #ceefbd; }\n\t\t\t.OWCB { background-color: #ccccff; }\n\t\t\t.QLB { background-color: #ccffff; }\n\t\n\tdl {\n  display: grid;\n  grid-template-columns: max-content auto;\n}\n\ndt {\n  grid-column-start: 1;\n}\n\ndd {\n  grid-column-start: 2;\n}\n<\/style>\n<text>\n  \n<p class=\"intro\">Economics is the study of choice and decision-making in the face of scarce resources, both at the individual and group levels. Economists examine tradeoffs between different actions and behaviors; analyze different scenarios such as a change in prices, cultural values, or law; and seek to explain and predict human behavior.<\/p>\n<p>Students often ask what the difference is between Economics and Finance. The areas are interrelated and inform and influence each other. Professionally, there is also crossover, with economists working in financial markets and financial experts working on economic policy. In broad terms, economics focuses on concepts related to overall markets, government policy, and decision-making influences. Finance tends to focus on individual businesses and individual people, including the study of assets and liabilities, and financial statements and reporting.<\/p>\n<p>At 51ÁÔÆæ, students of economics have access to faculty members who are internationally recognized experts in their field. Focus areas for students to choose from include economic theory, quantitative methods including econometrics, public policy, law and the economy, labor economics, and international economic relations.<\/p>\n  \n\n<\/text><\/p>\n\n\n    <div id=\"program-details-jump\">\n        <a class=\"uwm-c-button uwm-c-button--s\" href=\"#program-details\" rel=\"\">Jump to Program Details <i class=\"uwm-u-pl-10 fa-solid fa-arrow-down\"><\/i><\/a>\n    <\/div>\n\n    \n\n\n    <div class=\"uwm-l-row uwm-u-mt-50\">\n                    <div class=\"uwm-l-col\">\n                <h2 class=\"size-h6 uwm-u-my-10 uwm-u-pt-10 uwm-u-border--top\">Program Type<\/h2>\n                <p class=\"size-h4 uwm-u-mt-0\">\n                    <strong>Minor<\/strong>\n                <\/p>\n            <\/div>\n        \n                    <div class=\"uwm-l-col uwm-l-offset--2\">\n                <h2 class=\"size-h6 uwm-u-my-10 uwm-u-pt-10 uwm-u-border--top\">Program Format<\/h2>\n                <p class=\"size-h4 uwm-u-mt-0\">\n                    <strong>On Campus, Online<\/strong>\n                <\/p>\n            <\/div>\n            <\/div>\n\n<\/div>\n\n\n\n<div id=\"intro-sidebar\" class=\"uwm-l-col uwm-l-col--4 uwm-l-offset--1\">\n        <div class=\"uwm-mini-rfi uwm-p-card uwm-p-card--gold uwm-p-card--shadow\">\n            <div class=\"uwm-p-card--body\">\n                <div class=\"uwm-p-card--content\">\n                    <div class=\"uwm-p-card--title\">Request Information<\/div>\n                    <div id='form_47e36b1a-64dd-41ea-a6b5-b9deba75dca3'>Loading&#8230;<\/div>                <\/div>\n            <\/div>\n        <\/div>\n        \n\n<div class=\"uwm-u-flex uwm-u-flex--wrap uwm-u-flex--left uwm-u-mt-40\">\n<a class=\"uwm-c-button uwm-c-button--gold uwm-u-mr-20 uwm-u-mb-20\" href=\"https:\/\/uwm.edu\/undergrad-admission\/apply\/\" target=\"_blank\" rel=\"noreferrer noopener\">Start Your Application<\/a>\n\n\n\n<a class=\"uwm-c-button uwm-c-button--gold uwm-u-mr-20 uwm-u-mb-20\" href=\"..\/..\/students\/undergraduate\/declare-your-minor\/\" rel=\"\">Declare a Minor<\/a>\n<\/div>\n\n<script async='async' src='https:\/\/admissions.uwm.edu\/register\/?id=47e36b1a-64dd-41ea-a6b5-b9deba75dca3&amp;output=embed&amp;div=form_47e36b1a-64dd-41ea-a6b5-b9deba75dca3'>\/**\/<\/script>\n<\/div>\n<\/div>\n\n    <\/div>\n<\/section>\n\n\n\n\n\t    <section id=\"program-highlights\" class=\"uwm-u-py-80 uwm-bg-gray-dark\">\n        <div class=\"uwm-l-container--base\">\n        \n\n<div id=\"program-highlights-content-image\" class=\"uwm-l-row\">\n<div class=\"uwm-l-col\">\n\n<h2 class=\"wp-block-heading size-h3\" id=\"h-what-pairs-well-with-an-economics-minor\"><strong>What pairs well with an Economics minor?<\/strong><\/h2>\n\n\n\n<p>Majors that focus on data, statistics or human behavior are ideal to add an economics major to.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Finance<\/li>\n\n\n\n<li>Data Science<\/li>\n\n\n\n<li>Actuarial Science<\/li>\n\n\n\n<li>Political Science<\/li>\n\n\n\n<li>History<\/li>\n\n\n\n<li>Global Studies<\/li>\n\n\n\n<li>Public Health<\/li>\n\n\n\n<li>Sociology<\/li>\n\n\n\n<li>Urban Studies<\/li>\n<\/ul>\n\n\n\n<div class=\"uwm-u-flex uwm-u-flex--wrap uwm-u-flex--left\">\n<a class=\"uwm-c-button uwm-c-button--white uwm-u-mr-20 uwm-u-mb-20\" href=\"https:\/\/uwm.edu\/economics\/students\/undergraduate\/undergraduate-online-education\/\" rel=\"\">Is the Economics Online Minor right for you?<\/a>\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"uwm-l-col uwm-l-col--6 uwm-l-offset--1\">    <figure class=\"default\">\n                    <img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"500\" \n                class=\"wp-image-7653\" \n                src=\"https:\/\/uwm.edu\/economics\/wp-content\/uploads\/sites\/205\/2023\/03\/Doors_Feature_750x500_332175808.jpg\" \n                alt=\"walking through doors\" \n srcset=\"https:\/\/uwm.edu\/economics\/wp-content\/uploads\/sites\/205\/2023\/03\/Doors_Feature_750x500_332175808.jpg 750w, https:\/\/uwm.edu\/economics\/wp-content\/uploads\/sites\/205\/2023\/03\/Doors_Feature_750x500_332175808-300x200.jpg 300w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/>\n                    <\/figure>\n<\/div>\n<\/div>\n\n        <\/div>\n    <\/section>\n\n\n\n\n<section id=\"program-details\" class=\"uwm-u-py-80\">\n    <div class=\"uwm-l-container--base\">\n        \n\n<div class=\"uwm-l-row\">\n<div id=\"details-main\" class=\"uwm-l-col\">\n\n<div class=\"uwm-p-tabs\" data-tabs-prefix-class=\"uwm-p-tabs\"><ul class=\"uwm-p-tablist\" data-hx=\"h2\"><li class=\"uwm-p-tablist--item\"><a href=\"#tab-economics-minor-requirements\" class=\"uwm-p-tablist--link\">Requirements<\/a><\/li><li class=\"uwm-p-tablist--item\"><a href=\"#tab-economics-minor-advising\" class=\"uwm-p-tablist--link\">Advising<\/a><\/li><li class=\"uwm-p-tablist--item\"><a href=\"#tab-economics-minor-online-options\" class=\"uwm-p-tablist--link\">Online Options<\/a><\/li><\/ul><div class=\"uwm-p-tabcontent\">\n<div id=\"tab-economics-minor-requirements\" class=\"uwm-p-tabcontent--pane\">\n<style>\ntable  {\n   font-family: Helvetica, Arial, \"sans-serif\";\n}\n\t\n\n\t\n\th2, h3, h4 {\n\t\tfont-family: Helvetica, Arial, \"sans-serif\";\n\t\t\n\t}\n\t\n\t\t\t.sc_courselist tr:nth-child(even) {\n \t\t\t background-color: #f2f2f2\n\t\t\t}\n\t\t\t\n\t\t\t.sc_footnotes td, .sc_footnotes th, .sc_footnotes table {  border-left: none;\n  border-right: none; padding: 8px;}\n\t\t\t\n\t\t\t.sc_courselist {\n\t\t\t\tborder-collapse: collapse;\n\t\t\t}\n\t\t\t\n\t\t\t.sc_courselist td, .sc_courselist th {\n\t\t\t\tborder: 1px solid #ddd;\n\t\t\t\tpadding: 8px;\n        min-width: 40px;\n\t\t\t}\n\t\t\t\n\t\t\t.hourscol{\n\t\t\t\ttext-align: right;\n\t\t\t}\n\t\t\t\n\t\t\t .hidden.noscript{\n\t\t\t\/*\tdisplay: none; *\/\n\t\t\t}\n\t\t\t\n\t\t\t.areaheader, .symcol, .listsum {\n\t\t\t\tfont-weight: bold;\n\t\t\t}\n\n\t\t\t.HU { background-color: #ffce9c; }\n\n\t\t\t.SS { background-color: #f0e68c; }\n\n\t\t\t.NS { background-color: #ceefbd; }\n\n\t\t\t.OWCB { background-color: #ccccff; }\n\n\t\t\t.QLB { background-color: #ccffff; }\n<\/style>\n\n\n<h2>Requirements<\/h2>\n<p>The College of Letters &amp; Science requires that students attain at least a 2.0 GPA on all credits in the minor attempted at 51ÁÔÆæ, and at least a 2.0 GPA on all minor credits attempted when any transfer work is included along with the 51ÁÔÆæ work. The minor in economics requires a minimum of 18 credits:<\/p>\n<table class=\"sc_courselist\">\n<caption class=\"hidden noscript\">Course List<\/caption>\n<colgroup>\n<col class=\"codecol\"\/>\n<col class=\"titlecol\"\/>\n<col align=\"char\" char=\".\" class=\"hourscol\"\/>\n<\/colgroup>\n<thead>\n<tr class=\"hidden noscript\">\n<th scope=\"col\">Code<\/th>\n<th scope=\"col\">Title<\/th>\n<th scope=\"col\" class=\"hourscol\">Credits<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"even firstrow\"><td class=\"codecol\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=ECON 103\">ECON\u00a0103<\/a><\/td><td>Principles of Microeconomics<\/td><td class=\"hourscol\">3<\/td><\/tr>\n<tr class=\"odd\"><td class=\"codecol\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=ECON 104\">ECON\u00a0104<\/a><\/td><td>Principles of Macroeconomics<\/td><td class=\"hourscol\">3<\/td><\/tr>\n<tr class=\"even\"><td class=\"codecol\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=ECON 210\">ECON\u00a0210<\/a><\/td><td>Economic Statistics <sup>1<\/sup><\/td><td class=\"hourscol\">3<\/td><\/tr>\n<tr class=\"odd lastrow\"><td colspan=\"2\"><span class=\"courselistcomment\">Select 9 credits in upper-division (300 level or above) economics courses taken in residence at 51ÁÔÆæ<\/span><\/td><td class=\"hourscol\">9<\/td><\/tr>\n<tr class=\"listsum\"><td colspan=\"2\">Total Credits<\/td><td class=\"hourscol\">18<\/td><\/tr><\/tbody>\n<\/table>\n\n<dl class=\"sc_footnotes\" aria-label=\"Footnotes\"><dt> <sup> 1 <\/sup> <\/dt><dd start-indent=\"3%\"><p class=\"noindent\"><span class=\"sc_courseinline\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=BUS ADM 210\">BUS\u00a0ADM\u00a0210<\/a><\/span> or <span class=\"sc_courseinline\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=MTHSTAT 215\">MTHSTAT\u00a0215<\/a><\/span> may be substituted for <span class=\"sc_courseinline\"><a target=\"_blank\" href=\"https:\/\/catalog.uwm.edu\/search\/?search=ECON 210\">ECON\u00a0210<\/a><\/span> and will count in the minor GPA.<\/p><\/dd><\/dl>\n\n\t\t\n<\/div>\n\n\n\n<div id=\"tab-economics-minor-advising\" class=\"uwm-p-tabcontent--pane\"><style>\n\t\t\t.sc_courselist tr:nth-child(even) {\n \t\t\t background-color: #f2f2f2\n\t\t\t}\t\t\n\t\t\t.sc_footnotes td, .sc_footnotes th, .sc_footnotes table {  border-left: none;\n  border-right: none; padding: 8px;}\n\t\t\t\n\t\t\t.sc_courselist {\n\t\t\t\tborder-collapse: collapse;\n\t\t\t}\t\t\n\t\t\t.sc_courselist td, .sc_courselist th {\n\t\t\t\tborder: 1px solid #ddd;\n\t\t\t\tpadding: 8px;\n        min-width: 40px;\n\t\t\t}\t\t\n\t\t\t.hourscol{\n\t\t\t\ttext-align: right;\n\t\t\t}\t\t\t\n\t\t\t.hidden.noscript{\n\t\t\t\tdisplay: none;\n\t\t\t}\t\n\t\n\t.notinpdf{\n\t\tdisplay:none;\n\t}\n\t\t\t.areaheader, .symcol {\n\t\t\t\tfont-weight: bold;\n\t\t\t}\n\t.HU { background-color: #ffce9c; }\n\t\t\t.SS { background-color: #f0e68c; }\n\t\t\t.NS { background-color: #ceefbd; }\n\t\t\t.OWCB { background-color: #ccccff; }\n\t\t\t.QLB { background-color: #ccffff; }\n\t\n\tdl {\n  display: grid;\n  grid-template-columns: max-content auto;\n}\n\ndt {\n  grid-column-start: 1;\n}\n\ndd {\n  grid-column-start: 2;\n}\n<\/style>\n<advisingtext name=\"Advising\">\n\n <h2>Letters &amp; Science Minor Advising<\/h2> <p>Advising for the minor takes place within the department by a faculty member or staff member. Follow the steps using the &quot;Declare a Minor&quot; button on the department\u2019s website which may include instructions on how to select a faculty advisor if there is more than one to choose from.<\/p> <p>Students who already have an L&amp;S college advisor because their degree plan is in L&amp;S can discuss the minor with them as well since they will be familiar with any minor in L&amp;S. Students who are working on a degree from a 51ÁÔÆæ college other than the College of Letters &amp; Science will not need an L&amp;S college advisor for just a minor and one will not be assigned. These students should work with the faculty or staff advisor they receive as part of the minor declaration process or contact the department directly for assistance.<\/p> <p>Applicants who have not started classes at 51ÁÔÆæ yet who wish to declare a minor should wait until they are registered for their first 51ÁÔÆæ classes and then can declare the minor using the \u201cDeclare a Minor\u201d button on the program\u2019s website. If you have questions about the minor before then, contact\u00a0<a href=\"mailto:let-sci@uwm.edu\">let-sci@uwm.edu<\/a>.<\/p>\n\n<\/advisingtext>\n<\/div>\n\n\n\n<div id=\"tab-economics-minor-online-options\" class=\"uwm-p-tabcontent--pane\">\n<p>The Economics minor is available for completion entirely online. Learn more about how the online program works.<\/p>\n\n\n\n<p class=\"uwm-c-link--arrow\"><a href=\"https:\/\/uwm.edu\/economics\/academics\/economics-ba-online\/\"><strong>Learn more about the Online Options.<\/strong><\/a><\/p>\n<\/div>\n<\/div><\/div>\n\n<\/div>\n\n\n\n<div id=\"details-sidebar\" class=\"uwm-l-col uwm-l-col--4 uwm-l-offset--1\">\n\n\n<div class=\"uwm-l-buttons--full\">\n<a class=\"uwm-c-button uwm-c-button--full uwm-u-mb-20\" href=\"https:\/\/catalog.uwm.edu\/letters-science\/economics\/economics-minor\/\" rel=\"\">Academic Catalog<\/a>\n<\/div>\n\n\n\n\n\n<div class=\"uwm-l-buttons--full\">\n<a class=\"uwm-c-button uwm-c-button--full uwm-u-mb-20\" href=\"https:\/\/catalog.uwm.edu\/course-search\/\" rel=\"\">Schedule of Classes<\/a>\n<\/div>\n\n\n\n\n\n\n    <div class=\"uwm-p-card uwm-p-card--color-head uwm-u-mt-40\">\n        <div class=\"uwm-p-card--title\">Contact<\/div>\n        <div class=\"uwm-p-card--body\">\n            <div class=\"uwm-p-card--content\">\n                <h2 class=\"is-style-size-h5 uwm-u-my-10\">Prospective Undergraduate Students (not yet enrolled at 51ÁÔÆæ)<\/h2>\r\n<p class=\"uwm-u-mt-10 is-style-size-p-md\">Prospective students, contact our admissions counselor at\u00a0<a href=\"mailto:let-sci@uwm.edu\">let-sci@uwm.edu<\/a>\u00a0or\u00a0<a href=\"tel:414-229-7711\">414-229-7711<\/a>.<\/p> <h2 class=\"is-style-size-h5 uwm-u-mb-0 uwm-u-mt-30\">Current Undergraduate Students<\/h2>\r\n<p class=\"uwm-u-mt-10 is-style-size-p-md\">General questions such as how to declare, how to change a major, general education requirements, etc. should be directed to the college advising office at\u00a0<a href=\"mailto:ls-advising@uwm.edu\">ls-advising@uwm.edu<\/a>\u00a0or\u00a0<a href=\"tel:414-229-4654\">414-229-4654<\/a>.<\/p> <p class=\"uwm-u-mt-10 is-style-size-p-md\">Specific questions about \r\nEconomics, such as research opportunities, internship opportunities, \r\nmajor requirements, etc., should be directed to <a href=\"mailto:vlei@uwm.edu\">\r\n    Vivian Lei, Director of Undergraduate Studies<\/a> or <a href=\"mailto:rneumann@uwm.edu\">\r\n    Rebecca Neumann<\/a>.<\/p>            <\/div>\n        <\/div>\n    <\/div>\n\n\n<\/div>\n<\/div>\n\n    <\/div>\n<\/section>\n\n\n\t<\/div>\n<\/div>\n\n\n","protected":false},"author":1272,"parent":0,"template":"","meta":{"_acf_changed":false,"_uwm_academics_program_template":"page","_uwm_academics_program_navigation":[{"id":0,"label":"","url":"","target":"","rel":"","custom":true}],"uwm_academics_program_card_image_id":0,"uwm_academics_program_banner_image_id":8828,"uwm_academics_program_sort_title":"B-Minor","uwm_academics_program_external_url":"","uwm_academics_program_jump_details_btn":true,"_uwm_academics_program_exclude_from_programs_archive_page":false,"_uwm_academics_program_exclude_from_programs_block":false,"_uwm_academics_program_exclude_from_department_page":false,"footnotes":"","uwm_wg_additional_authors":[]},"program_group":[],"program_tag":[],"program_type":[23],"program_format":[32,33],"program_department":[],"class_list":["post-7680","program","type-program","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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