Economics Minor Requirements

The minor in Economics has two main goals. The first is to acquaint students with the rudiments of micro- and macroeconomic theory that are required of all majors. The second is to allow students to build basic competence in the application of this theory to two fields of economics of their choosing.

A. Course Work (35 units)

1. Elementary Economics 1A - Micro (5 units)

2. Elementary Economics 1B -Macro (5 units) Econ 1A is a prerequisite for Econ 1B

3. Economics 50 (5 units): basic price theory. Prerequisite: Economics 1A and Mathematics 51 with a letter grade. Grade in Econ 50 must be B or better.

4. Economics 51 (5 units): intermediate micro. Prerequisites: Econ 50.

5. Economics 52 (5 units): intermediate macro. Prerequisites: Econ 50, Econ 1B.

6. Two field courses, (10 units) must be chosen from the following list: Economics 102A, 102B, 111, 115, 118, 126, 137, 140*, 141, 144, 145, 147, 149, 153, 157, 158, 160, 164, 165, 166, 168, 169, 179.

Field Courses must be taken at Stanford in California.

B. Other Requirements

1. If the candidate's major requires basic Economics courses (1-5 above), then half the units that count toward this minor must be made up by taking additional economics courses towards the minor under item 6 above.

2. At least 20 of the 35 units for the minor must be taken at Stanford in California.

3. All transfer units from other academic institutions must be approved in writing by the Associate Director of Undergraduate Studies.

4. No courses receiving Department of Economics credit under the preceding requirements may be taken CR/NC. A grade point average (GPA) of "C" (2.0) or better must be received for all units applied toward the minor.

5. Students must complete their declaration of the minor no later than the last day of the quarter one quarter before anticipated degree conferral.

6. All other procedural rules governing an Economics Major degree, as specified above, apply also to an Economics Minor degree. For example, rules regarding overlapping courses, transfer credit, fast track for Econ 1A, substitution of other Stanford courses as credit towards an Economics degree, etc.

* Students may not count units from both Econ 140 and Econ 135 towards their minor as the courses are too similar in content.