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The College of St. Scholastica
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Rick Revoir, Ph.D.,
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(218) 723-6424
rrevoir@css.edu

Applied Economics

Fast Facts: Applied Economics Minor

  • Economics is a challenging field that provides insight into many of today's complex business problems
  • The program allows students the flexibility to tailor curriculum to their personal interests
  • The program prepares students for management positions in diverse career fields

Program Requirements

Minor: 20 core credits 

Sample curriculum

Here are some classes you could take as part of this minor. Please note that you would not necessarily need all of these courses to fulfill a minor. This list doesn't include general education courses. Be sure to create your course plan in consultation with your advisor.

Course Creation Center

Expand and Collapse Coursework

Expand and Collapse ECN 2230 - Principles of Microeconomics

Focuses on how economists explain the behavior of individuals, how markets direct activities and the policy implications that flow from economic analysis. Emphasis is less on the development of theories and more on the application of theories. Course examines how developments in other fields, most notably evolutionary psychology, have affected microeconomics. Prerequisite: MTH at 1000 level or permission of instructor.

Expand and Collapse ECN 2280 - Principles of Macroeconomics

Addresses "the economy" in the sense of the big picture. Topics covered include national income accounting, the determination of economic activity through consumer spending, business investment, government taxation and expenditure and foreign trade. This course also addresses the issues of fiscal and monetary policies, inflation and unemployment. Prerequisite: ECN 2230.

Expand and Collapse ECN 3322 - Medieval European Economic History

Focuses on the forces that contributed to the rise of the Western capitalistic system from a backwater faced with the threat of chronic famine in 900 A.D. to its current position of world dominance. Course highlights the creation of the economic and social institutions that make up life and demonstrates the fact that the past can serve as a mirror to the present.

Expand and Collapse ECN 3330 - Managerial Economics

Focuses on how managers can use economic analysis in making decisions. Topics include the theory of consumer behavior, the theory of firm behavior, the theory of behavior under uncertainty, the application of game theory to firm behavior, empirical applications of theories and the role of experimental methods in economic analysis. Prerequisite: ECN 2230.

Expand and Collapse ECN 3330 - Managerial Economics

Focuses on how managers can use economic analysis in making decisions. Topics include the theory of consumer behavior, the theory of firm behavior, the theory of behavior under uncertainty, the application of game theory to firm behavior, empirical applications of theories and the role of experimental methods in economic analysis. Prerequisite: ECN 2230.

Expand and Collapse ECN 3335 - Contemporary Healthcare Economic Systems

An examination of the economics of health care and healthcare reform. Topics include economic determinants of health, the markets for medical care, insurance markets, the managed care revolution and the role of government in healthcare. Special attention is given to current issues in healthcare reform.

Expand and Collapse ECN 4430 - Current Economic Issues

Examines a variety of macro- and microeconomics topics currently being debated in the nation. Recent topics have included protectionism vs. free trade, the effectiveness of gun control, the wisdom of public subsidies of sports stadiums and welfare reform. Emphasis is on applying standard economic methodology to real-world issues.

Expand and Collapse ECN 4445 - International Economics

Examines evolution of economic theories and policies relating to international trade and finance. Issues such as trade deficits, protectionism, economic unification, state-determined capitalism and international institutions are explored. Emphasis is on current international economic developments. Prerequisite: ECN 2280.

Expand and Collapse Concentrations

Expand and Collapse Financial Sector

Expand and Collapse ACC 3400 - Accounting Information Systems

Examines the theory and practice of data management and control as they relate to the design, implementation and use of accounting information systems.

Expand and Collapse FIN 4460 - Multinational Business Finance

Factors that influence the basic decisions of the firm in an international setting.

Expand and Collapse Information Systems

Expand and Collapse MGT 3130 - Quantitative Methods

Includes forecasting, quality assurance, project management and other mathematical models for data analysis. Software is used to solve and illustrate problems and solutions.

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  • "I have always been interested in economics, especially microeconomics, game theory and personal decision-making. They all fascinate me. Two economics professors here at St. Scholastica helped me a lot, which I really appreciate."

    – Cullen Combs, ‘14