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 035 (Calculus I)
  • or AP score of 4 or 5 (or IB score of 6 or 7 on HL exam)
  • Calculus is a prerequisite for all 100-level economics courses
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, OPIM 172, OPIM 173, or OPIM 174
  • Students interested in taking ECON 122 (Econometrics) as an elective must take ECON 121 or MATH 140 as a pre-requisite
Economics Electives (2 courses)
  • Two (2) economics electives chosen from any courses in the Department
  • Students who took ECON 003 (instead of 001 and 002) must take 3 economics electives