Minor in Economics
A minor in Economics at Georgetown University requires completion of six economics courses (including statistics) and a calculus course, for a total of seven (7) courses. Of the six economics courses, at least three must be taken in the Economics Department at Georgetown.
Course Categories & Prerequisites
Principles of Microeconomics and Macroeconomics (2 courses)
- ECON 001 (Principles of Microeconomics) and ECON 002 (Principles of Macroeconomics)
- Students may waive 001 or/and 002 and obtain the course credit with an AP score of 5 (or an IB score of 6 or 7 on higher level (HL) exam) in Microeconomics or/and Macroeconomics
- ECON 003 (Principles of Economics: Micro & Macro combined) may be taken instead of 001 and 002 (but not by students who have taken ECON 001, 002, or received course credit via AP or IB)
- Students who take 003 instead of 001 and 002 will require an additional economics elective
Calculus (1 course)
- MATH 032 (Calculus with Review B) or 035 (Calculus I)
- or AP score of 5 (or IB score of 7 on HL exam)
- Calculus is a corollary requirement* for all 100-level economics courses
* This course may also count toward another major or minor requirement in addition to the Economics minor
Intermediate Microeconomics or Macroeconomics (1 course)
- ECON 101 (Intermediate Microeconomics) or ECON 102 (Intermediate Macroeconomics)
Statistics (1 course)
- ECON 121 (Economic Statistics) or any one of the following courses: MATH 140, MATH 040, GOVT 201, INAF 320, OPIM 173, or OPIM 172
- Students interested in taking ECON 122 (Econometrics) as an elective must take ECON 121 or MATH 140 as a pre-requisite
Economic Electives (2 courses)
- Two (2) economics electives
- Students who took ECON 003 (instead of 001 and 002) must take 3 economics electives
Notes for SFS Students
- At most two courses can be double-counted between the SFS Economics Core and the Economics Minor. i.e. Students who take ECON 001 and 002 (or fulfill either or both by AP or other credits) will double-count these with the Minor, and will not be able to double-count ECON 242/243/244
- Students who take ECON 003 will double-count this with the Minor, and additionally double-count one course among ECON 242/243/244
- No courses may double-count between a major and a minor
- Students who take one of the statistics courses above to fulfill a major requirement will be required to take another additional economics elective for the Minor