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Humanities and Social Sciences

Economics

Department of Economics

20 credits (at least five ECO courses) Total credits

Course requirements

Minor core — all three courses required

ECO101 / ECO1001

Principles of Micro

ECO102 / ECO1002

Principles of Macro

ECO301

Intermediate Micro (to be recoded ECO2001 Inter. Micro I)

needs ECO1001, and a calculus course (MAT101 or equivalent)

Commonly taken elective

ECO213

Basic Econometrics

needs A probability or statistics course (ECO113 / ECO1003 or equivalent)

Satisfying the mathematics and statistics pre-requisites — find your School

Calculus, needed for ECO301 Intermediate Micro

If you are in SHSS
Take ECO1004. It counts towards the minor.
If you are in SME
Take ECO1004. It counts towards the minor.
If you are in Engineering or Natural Sciences
Use the calculus course taken in your own Program. ECO1004 does not count towards the minor.

Probability or statistics, needed for ECO213 Basic Econometrics

If you are in SHSS
Take ECO113 / ECO1003. It counts towards the minor.
If you are in SME
Take ECO113 / ECO1003. It counts towards the minor.
If you are in Engineering or Natural Sciences
Use the probability course taken in your own Program. ECO1003 does not count towards the minor.

Principles of Micro and Macro (part of the minor core)

If you are in SHSS
Take ECO101 / ECO1001 and ECO102 / ECO1002.
If you are in SME
Do not take these. MEC103 and MEC104 in your own major are the equivalents: they satisfy pre-requisites but do not count towards the minor.
If you are in Engineering or Natural Sciences
Take ECO101 / ECO1001 and ECO102 / ECO1002.

Good to know

Open to
All students in good academic standing; there are no other entry requirements
Registration
From Monsoon 2025, students register for the minor through the Office of Academics
Conditions
At least three courses must have codes beginning with 2 or higher. The GPA calculated from courses counting towards the minor must be at least 5.0. Courses must be independent of major requirements.

Fine print

  • What does not count towards the minor: ECO108 / ECO1009 Logic and Scientific Methods.
  • Swayam courses.
  • Certain advanced economics electives that are not open as University-Wide Electives.
  • Any course that is already counted towards the student's major requirements.

Why pursue this

  • Foundational skills in economic reasoning, optimisation and the interpretation of empirical evidence.
  • Interdisciplinary advantage in any field where incentives, markets, policy or data play a role — engineering, management, public policy and the sciences alike.
  • Career and higher-study prospects in finance, consulting, analytics, research and public policy, and a base for postgraduate study in economics.

From the University's minor program documents. Confirm with your UG Advisor before you plan around a pathway.

Economics

Department of Economics

The Minor in Economics gives students a working command of microeconomic and macroeconomic reasoning and the quantitative methods that support it. The sequence moves from the principles courses into intermediate microeconomics, with econometrics available for students who want empirical training. Requirements are set so that the minor adds genuinely new coursework rather than duplicating a student's major.