Minor in Business Economics

In addition to its two majors, the Department of Economics also offers a minor in business economics.

Lambert Family Professor Christiane Baumeister teaching a course

Best of both worlds

Non-economics majors in the College of Arts & Letters may earn a minor in business economics — taking full advantage of a liberal arts education while becoming literate in key business principles. 

Arts & Letters alumni have a track record of success. Whether you enter the business world immediately after graduation, enroll in graduate or professional school, or start life after Notre Dame by joining a service organization, graduates can leverage the traditional liberal arts skills — writing effectively, analyzing data, thinking critically, speaking and leading persuasively — in almost any career path. 

The business economics minor boosts your skill set by developing your understanding of specialized terminology used in business and the fundamental concepts of a market economy.  

The minor in business economics is for Arts & Letters majors only.

The course sequence

  1. Principles of Microeconomics (typically taken first or second year)
  2. Statistics (typically taken first, sophomore, or junior year)
  3. Principles of Macroeconomics (typically taken sophomore or junior year)
  4. Introductory Accountancy (typically taken junior or senior year)
  5. Introductory Finance (typically taken junior or senior year)

How do I add a business economics minor?

Arts & Letters majors typically declare this minor in their sophomore year but can declare at any time.

How can I meet the requirements for the minor?

  • You may not double-count any of the above courses to fulfill a requirement in your major — but some majors (psychology or sociology, for example) may use their departmental statistics course to fulfill the statistics requirement for the minor. Per established practice in these departments, students who use the departmental statistics course to fulfill another requirement will be expected to substitute another course for their major. For more information, contact the director of undergraduate studies in your department.
  • The minor is not open to economics or international economics majors, but those students can take the two business courses.  These courses do not count toward Economics major elective credits.
  • No more than one course (3 credit hours) for the minor may be taken at another institution without departmental approval. You must obtain approval from the Department of Economics to receive credit.
  • AP credit will not be accepted as a substitute for courses in the business economics minor, but it does qualify students to take a more advanced course.