The Minor

About the Resource Economics Minor:

  • You may declare a minor in Resource Economics at any time prior to graduation by submitting this Google form.
  • A grade point average of 2.0 or better in the minor is required.
  • No course toward the minor can be taken on a pass/fail basis.
  • Transfer credits and course substitutions will be evaluated on an individual basis by your advisor.
  • Three or more Res-Econ 396 Independent study credits may be substituted for one focus area requirement (and no more than one) as deemed appropriate by instructor/faculty sponsor and advisor.

Note: Students seeking a STEM degree may want to consider selecting Resource Economics or Managerial Economics as their primary major. Both majors offer a STEM designated Bachelor of Science with OPT/CPT eligibility.

Minor Requirements

The Resource Economics Minor consists of 7 courses: 4 core requirements and 3 upper-level requirements.

  • Upper-level requirements for the general Resource Economics Minor may be completed across all focus areas.
    • List on resume as Minor in Resource Economics
  • Upper-level requirements may be concentrated within one Focus Area in order to develop a specialization.
    • Students select one focus area: Environmental and Natural Resources, Behavioral/Experimental, Quantitative, Managerial (Industrial Organization) or Health Economics
    • List on resume as Minor in Resource Economics: Health Economics Focus (ex.)

Core Requirements (Completed by all minors):

  1. Res-Econ 102: Intro to Resource Economics
  2. Res-Econ 106 (formerly 162): Economics is Everywhere OR Res-Econ 107 (formerly 121): Hunger in the Global Economy 
  3. Res-Econ 202: Price Theory (pre-req Math 127 or Math 131; Res-Econ 102 or Econ 103)
  4. Res-Econ 212: Intro to Statistics

Upper-Level Requirements (Completed by all minors, selected courses vary by focus area):

  1. Selected 200+ Course (200, 300, 400 level)
  2. Selected 300+ Course (300 or 400 level)
  3. Selected 400+ Course (400 level)

Course Offerings by Focus Area:

Environmental and Natural Resources Economics:

  1. Res-Econ 213 Intermediate Statistics (Pre-req RES-ECON 212 or STATS 240)
  2. Res-Econ 262 Environmental Economics
  3. Res-Econ 263 Natural Resource Economics
  4. Res-Econ 360 (formerly 397E) Economic Development & the Environment (Pre-req RES-ECON 102 or ECON 103 or RES-ECON 262 or RES-ECON 263)
  5. Res-Econ 363 (formerly 397W) The Economics of Water Policy
  6. Res-Econ 471 Cost Benefit Analysis (Pre-req RES-ECON 202 or ECON 203)
  7. Res-Econ 472 Advanced Topics in Environment and ResEcon (Pre-req RES-ECON 202 or ECON 203, RES-ECON 212 or STATS 240)

Behavioral/Experimental Economics:

  1. Res-Econ 213 Intermediate Statistics (Pre-req RES-ECON 212 or STATS 240)
  2. Res-Econ 309 Game Theory (Pre-req RES-ECON 102 or ECON 103 AND one of: Math 127, 128, 131, or 132)
  3. Res-Econ 313 Decision Analysis (Pre-req RES-ECON 212 or STATS 240)
  4. Res-Econ 440 (formerly 462) Experimental Econ (required for focus area) (Pre-req RES-ECON 202 or ECON 203)

Quantitative Economics:

  1. Res-Econ 213 Intermediate Statistics (Pre-req RES-ECON 212 or STATS 240)
  2. Res-Econ 312 Introductory Econometrics (Pre-req RES-ECON 202 or ECON 203, RES-ECON 213, RES-ECON 112 or Instructor Consent)
  3. Res-Econ 313 Decision Analysis (Pre-req RES-ECON 212 or STATS 240)
  4. Res-Econ 414 (formerly 497T) Topics in Time Series and Forecasting (Pre-req RES-ECON 213)
  5. Res-Econ 428 Managerial Economics (Pre-req ACCOUNTING 221 or RES-ECON 323 [formerly 314] or FINANCE 301; AND RES- ECON 202 or ECON 203; AND RES-ECON 213; AND RES-ECON 313)

Managerial (Industrial Organization) Economics:

  1. Res-Econ 213 Intermediate Statistics (Pre-req RES-ECON 212 or STATS 240)
  2. Res-Econ 312 Introductory Econometrics (Pre-req RES-ECON 202 or ECON 203, RES-ECON 213, RES-ECON 112 or Instructor Consent)
  3. Res-Econ 313 Decision Analysis (Pre-req RES-ECON 212 or STATS 240)
  4. Res-Econ 315 (formerly 397A) Economics of Contemporary Info Tech (Pre-req RES-ECON 102 or ECON 103)
  5. Res-Econ 323 (formerly 314) Financial Analysis for Consumers/Firms (Pre-req RES-ECON 102 or ECON 103)
  6. Res-Econ 324 Small Business Finance (Pre-req RES-ECON 102 or ECON 103 and RES-ECON 323 [formerly 314] or Finance 301)
  7. Res-Econ 414 (formerly 497T) Topics in Time Series and Forecasting (Pre-req RES-ECON 213)
  8. Res-Econ 428 Managerial Economics (Pre-req ACCOUNTING 221 or RES-ECON 323 [formerly 314] or FINANCE 301; AND RES-ECON 202 or ECON 203; AND RES-ECON 213; AND RES-ECON 313)
  9. Res-Econ 452 Industrial Organization (Pre-req RES-ECON 202 or ECON 203)
  10. Res-Econ 453 Public Policy in Private Markets (Pre-req RES-ECON 452 or Instructor Consent)

Health Economics:

  1. Res-Econ 213 Intermediate Statistics (Pre-req RES-ECON 212 or STATS 240)
  2. Res-Econ 360 (formerly 397E) Economic Development & the Environment (Pre-req RES-ECON 102 or ECON 103 or RES-ECON 262 or RES-ECON 263)
  3. Res-Econ 363 (formerly 397W) The Economics of Water Policy
  4. Res-Econ 386 (formerly 397C) Health Economics (required for focus area) (Pre-req RES-ECON 202 or ECON 203 or Instructor Consent)
  5. Res-Econ 452 Industrial-Organization (Pre-req RES-ECON 202 or ECON 203)
  6. Res-Econ 453 Public Policy in Private Markets (Pre-req RES-ECON 452 or Instructor Consent)
  7. Pubhlth 490Z Statistical Modeling for Health Data Science (Pre-req experience with R. Consult with instructor as needed)
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