# 2026-2027 Course Catalog
**Source**: https://catalog.illinois.edu/undergraduate/las/minors/economics/
**Parent**: https://catalog.illinois.edu/degree-programs/undergraduate_index/
*for the Undergraduate Minor in Economics*
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The Minor in Economics is designed to provide students with an understanding of central issues and analytical concepts in economics, including consumer choice, profit-maximization, banking and finance, healthcare, education, fiscal and monetary policy, abstract economic modeling, and data analysis for economics. It is customizable to students’ interests based on its three track options: Microeconomics, which explores how people and firms consume and produce goods and services; Macroeconomics, which explores countries’ economic growth, fiscal and monetary policy, and international trade; or Econometrics, encompassing mathematical models of economic behavior and quantitative methods. All University of Illinois Urbana-Champaign undergraduate students are eligible to earn the Minor in Economics except for those enrolled in one of these majors: Economics BALAS, Econometrics & Quantitative Economics BSLAS, or Computer Science + Economics BSLAS. Prerequisites for each track of the minor vary; please consult the desired minor track for additional information.
## Prerequisite to applying for the Economics Minor:
### Microeconomics and Macroeconomics tracks:
- [MATH 220](https://catalog.illinois.edu/search/?P=MATH%20220 "MATH 220")-Calculus or [MATH 221](https://catalog.illinois.edu/search/?P=MATH%20221 "MATH 221")- Calculus I with a grade of C or higher. *[MATH 234](https://catalog.illinois.edu/search/?P=MATH%20234 "MATH 234") can substitute for [MATH 220](https://catalog.illinois.edu/search/?P=MATH%20220 "MATH 220") or [MATH 221](https://catalog.illinois.edu/search/?P=MATH%20221 "MATH 221"), with a grade of C or higher. Discuss your intended plan with the Department of Economics Advising Office to ensure MATH 234 will prepare you for advanced Economics coursework.*
- [ECON 102](https://catalog.illinois.edu/search/?P=ECON%20102 "ECON 102") and [ECON 202](https://catalog.illinois.edu/search/?P=ECON%20202 "ECON 202") with a 2.33 or higher Illinois Economics GPA. At least one ECON course must be taken on campus (please see an Economics Academic Advisor if you have completed these courses off-campus or have other credit).
### Econometrics track:
- [MATH 220](https://catalog.illinois.edu/search/?P=MATH%20220 "MATH 220")-Calculus or [MATH 221](https://catalog.illinois.edu/search/?P=MATH%20221 "MATH 221")- Calculus I with a grade of C or higher.
- [MATH 225](https://catalog.illinois.edu/search/?P=MATH%20225 "MATH 225") with a grade of C or higher. (Recommended prior to application, but not required)
- [ECON 102](https://catalog.illinois.edu/search/?P=ECON%20102 "ECON 102"), [ECON 202](https://catalog.illinois.edu/search/?P=ECON%20202 "ECON 202") and [ECON 203](https://catalog.illinois.edu/search/?P=ECON%20203 "ECON 203") with a 2.33 or higher Illinois Economics GPA. At least one ECON course must be taken on campus (please see an Economics Academic Advisor if you have completed these courses off-campus or have other credit).
*for the Undergraduate Minor in Economics*
---
Course List
| Code | Title | Hours |
| --- | --- | --- |
| Core Economics Requirements | | |
| [ECON 102](https://catalog.illinois.edu/search/?P=ECON%20102 "ECON 102") | Microeconomic Principles | 3 |
| [ECON 202](https://catalog.illinois.edu/search/?P=ECON%20202 "ECON 202") | Economic Statistics I | 3 |
| [ECON 203](https://catalog.illinois.edu/search/?P=ECON%20203 "ECON 203") | Economic Statistics II | 3 |
| [ECON 302](https://catalog.illinois.edu/search/?P=ECON%20302 "ECON 302") | Inter Microeconomic Theory | 3 |
| Students will select one of the following tracks: | | |
| Microeconomics Track | | 6 |
| Two 400-level elective courses in Microeconomics: | | |
| [ECON 411](https://catalog.illinois.edu/search/?P=ECON%20411 "ECON 411") | Public Sector Economics | |
| [ECON 414](https://catalog.illinois.edu/search/?P=ECON%20414 "ECON 414") | Urban Economics | |
| [ECON 440](https://catalog.illinois.edu/search/?P=ECON%20440 "ECON 440") | Economics of Labor Markets | |
| [ECON 450](https://catalog.illinois.edu/search/?P=ECON%20450 "ECON 450") | Development Economics | |
| [ECON 451](https://catalog.illinois.edu/search/?P=ECON%20451 "ECON 451") | Program Evaluation in Developing Economies | |
| [ECON 452](https://catalog.illinois.edu/search/?P=ECON%20452 "ECON 452") | The Latin American Economies | |
| [ECON 480](https://catalog.illinois.edu/search/?P=ECON%20480 "ECON 480") | Industrial Comp and Monopoly | |
| [ECON 481](https://catalog.illinois.edu/search/?P=ECON%20481 "ECON 481") | Govt Reg of Economic Activity | |
| [ECON 483](https://catalog.illinois.edu/search/?P=ECON%20483 "ECON 483") | Econ of Innovation and Tech | |
| [ECON 482](https://catalog.illinois.edu/search/?P=ECON%20482 "ECON 482") | Economics of the Digital Economy | |
| [ECON 484](https://catalog.illinois.edu/search/?P=ECON%20484 "ECON 484") | Law and Economics | |
| [ECON 490](https://catalog.illinois.edu/search/?P=ECON%20490 "ECON 490") | Topics in Economics | |
| Macroeconomics Track | | 9 |
| [ECON 103](https://catalog.illinois.edu/search/?P=ECON%20103 "ECON 103") | Macroeconomic Principles | |
| [ECON 303](https://catalog.illinois.edu/search/?P=ECON%20303 "ECON 303") | Inter Macroeconomic Theory | |
| One 400-level elective course in Macroeconomics: | | |
| [ECON 420](https://catalog.illinois.edu/search/?P=ECON%20420 "ECON 420") | International Economics | |
| [ECON 425](https://catalog.illinois.edu/search/?P=ECON%20425 "ECON 425") | Macroeconomic Policy | |
| [ECON 452](https://catalog.illinois.edu/search/?P=ECON%20452 "ECON 452") | The Latin American Economies | |
| [ECON 490](https://catalog.illinois.edu/search/?P=ECON%20490 "ECON 490") | Topics in Economics (Including: Monetary Policy, Economic Growth)) | |
| Econometrics Track | | 9 |
| [ECON 471](https://catalog.illinois.edu/search/?P=ECON%20471 "ECON 471") | Intro to Applied Econometrics | |
| Two 400-level elective courses in Econometrics: | | |
| ECON 465 | | |
| [ECON 490](https://catalog.illinois.edu/search/?P=ECON%20490 "ECON 490") | Topics in Economics (Including: Financial Econometrics, Economic Forecasting, Topics in Econometrics, Numerical Methods for Economics) | |
| Total Hours | | 18-21 |
*for the Undergraduate Minor in Economics*
---
The Economics minor provides the knowledge, experience, and opportunities necessary for students to demonstrate their attainment of the following outcomes:
- Analytical Skills/Problem-Solving: students will effectively visualize, conceptualize, articulate, and solve complex problems or address problems that do not have a clear answer with available information, through experimentation and observation, using microeconomic and macroeconomic theory, as well as calculus and statistical tools.
- Critical Thinking: students will apply economic analysis to everyday problems, helping them to understand events, evaluate specific policy proposals, compare arguments with different conclusions to a specific issue or problem, and assess the role played by assumptions in arguments that reach different conclusions to a specific economic or policy problem.
- Quantitative Reasoning: students will understand how to apply empirical evidence to economic arguments. Specifically, they may obtain and/or collect relevant data, develop empirical evidence using appropriate statistical techniques, and interpret the results of such analyses.
- Specialized Knowledge and Practical Application: students will develop deeper analytical, critical, and quantitative skills in specialized areas by applying economic concepts to real world situations.
- Communication and Leadership: students will build skills to work as part of a team and lead others, ensuring they are prepared to navigate diverse audiences and situations.
*for the Undergraduate Minor in Economics*
---
## [Department of Economics](https://economics.illinois.edu/)
[Economics Minor Website](https://economics.illinois.edu/academics/undergraduate-program/majors-minor/economics-minor)\
[Economics Advising](https://economics.illinois.edu/academics/undergraduate-program/academic-advising)\
Advising email: [econug@illinois.edu](mailto:econug@illinois.edu)
## [College of Liberal Arts & Sciences](https://las.illinois.edu/)
[Declaring a minor in the College of Liberal Arts & Sciences page](https://las.illinois.edu/academics/programs/minors)
Overview of College Admissions & Requirements: [Liberal Arts & Sciences](https://catalog.illinois.edu/schools/las/academic-units/)