Purdue University Northwest

176 Programs 5 Degree levels
Undergraduate

Economics (Minor)

DegreeUndergraduate
FieldEconomics
D

Cost & earnings at Purdue University Northwest What students borrow here, and what they go on to earn

You borrow $21,229 median federal debt
You repay $241/mo over 10 years
Graduates earn $48,318 10 yrs after entry
Debt clears in 2.4 yrs of the salary premium
US Department of Education figures See the full breakdown →
B

Economics graduates earn a median $46,087 Across 807 US programmes, two years after finishing

See the degree grade →

The Economics minor provides undergraduate students with foundational economic theory and applied analytical skills that complement majors across liberal arts, business, and STEM fields. It suits students who want to understand market behavior, policy impacts, and basic econometric reasoning without committing to a full economics major.

What you'll study

Coursework typically covers:

  • Microeconomic principles — consumer and firm behaviour, market structures, and resource allocation.
  • Macroeconomic principles — national income, inflation, unemployment, and monetary and fiscal policy basics.
  • Applied quantitative tools — introductory statistics or econometrics for analysing data and testing hypotheses.
  • Electives — options that may include public finance, labor economics, international trade, or environmental economics, depending on departmental offerings.

Entry requirements

Students typically declare the minor through the registrar or department after completing any stated prerequisites, such as introductory economics and a basic statistics course. Requirements usually include a fixed number of credit hours in specified economics courses; consult the department for the exact course list and approval process.

Career prospects

An Economics minor strengthens analytical and quantitative reasoning valued in roles such as business analytics, financial services, public policy support, market research, and operations. It also benefits students pursuing graduate study in business, public policy, or economics-related fields by providing core conceptual and methodological preparation.

Scholarships & funding angle

Funding for students pursuing a minor generally comes through institutional scholarships, departmental awards, and merit-based aid rather than programme-specific grants. Students should explore university-wide scholarships, college-level funds, work-study opportunities, and external scholarships targeted at economics or social science studies to help offset costs.

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Programme details are indicative and may change — always verify current information with the official university website before applying.