Courses of Study 2024-2025 
    
    Nov 30, 2024  
Courses of Study 2024-2025

Applied Economics Minor


In SC Johnson College of Business  

The applied economics minor will give you a solid foundation in economics principles and how they’re put into action in the real world. You’ll develop critical thinking skills, an analytical approach to problem solving, proficiency data analysis, and knowledge of financial and economic concepts. Overall, you will begin to understand how the production, distribution, and consumption of wealth affects business and policy decisions and the economy.

After completing courses in introductory economics, your elective courses can focus on specific industries and areas such as the environment and natural resources, international development, food policy, agriculture, and the public sector.

Eligibility

All Cornell undergraduates except students enrolled in Dyson, and any majors that include overlap of two or more core courses. Students are eligible to sign up for the minor as early as their first year and no later than their sixth semester.

Academic Policies

A minimum of 12 unique credits (outside of major’s core discipline) must be taken to complete any/all minors. Some majors may be required to take an additional course to satisfy this requirement. Students may not use course codes within their home college/major to satisfy minor requirements unless noted as an approved overlap (ex. ECON 1110). All courses must be taken for a letter grade, and a grade of C or better is required. 

Required Credits 

This minor requires a total of 18 credits to complete, which includes 6 foundations credits and 12 core credits. From the total credits, 9 must be taken at Cornell University, and 9 must be Johnson College of Business (JCB) courses, which include any course code of AEM, HADM, NBA, or NCC. *Note - in many cases, the Cornell and JCB requirements will overlap (e.g. AEM 2600: Managerial Economics is a JCB course and a Cornell course, so it will satisfy 3 credits for each requirement).

Foundation Courses

This minor requires 6 credits in microeconomics and macroeconomics before taking the minor’s core courses. A letter grade of C or better is required.

Introductory Economics (6 credits)

Both of the following courses are required:

Core Requirements

The minor’s core requirements (12 credits) must be fulfilled by taking courses from the list below. Please note that 9 credits must be Johnson College of Business (JCB) courses.

A letter grade of C or better is required.

Economic Theory or Practice (3 credits)

The following course is required:

*Economics majors may use ECON 3030 to satisfy this requirement, and are required to take an additional course within the various topics category in order to satisfy the unique credit requirement.

*Public Policy majors may use PUBPOL 2000 to satisfy this requirement.

Applied Economics, Various Topics (9 credits)

Three of the following courses are required:

*Econ majors must complete four of the following courses.