Degree Type:
Minor
Mode of Study:
On Campus

Students studying Economics  at Methodist University can choose from a variety of courses. A minor in Economics will prepare students for many professional-level positions and will allow you to analyze investment management, corporate finance, asset analysis, and general governmental management.

Common Career Paths

Some of the top jobs for those with an Economics educational background include economist, market analyst, economic consultant, data analyst, business analyst, accountant, and so much more.

Common Salary Ranges for Graduates

As mentioned above, there’s a long list of career opportunities for those with an Economics educational background. But, the U.S. Bureau of Labor Statistics reports the average annual salary for the following positions (which may require additional education) in North Carolina in 2021:

  • Market research analyst: $71,510
  • Data scientist: $113,980
  • Accountant and auditor: $84,960
  • Economics teacher: $119,840

Average Tuition Cost

The average cost for an incoming residential freshman to attend MU is less than $18,000 – similar to the cost of attending one of the big-box public schools, but with the enhanced value of a highly-regarded private school with a 12:1 student-to-faculty ratio.

While tuition varies, depending on a student’s financial aid package, it’s important to know that the average financial award for an incoming residential freshman at MU is more than $34,000.

Financial Aid & Scholarships

More than 97% of MU students receive some form of financial aid, with the University offering more than $24 million annually to students for scholarships. If a student is active military, family of active military, or a veteran, they may also qualify for MU’s military education benefits.

Interested in Methodist University’s Economics minor?

If you have questions, reach out to Dr. Eugenia Johnson using the contact info at the bottom of the page. If you’re ready to apply today, visit the link below!

Frequently Asked Questions

Some of the top jobs for those with an Economics educational background include economist, market analyst, economic consultant, data analyst, business analyst, accountant, and so much more.

As mentioned above, there’s a long list of career opportunities for those with an Economics educational background. But, the U.S. Bureau of Labor Statistics reports the average annual salary for the following positions (which may require additional education) in North Carolina in 2021:

  • Market research analyst: $71,510
  • Data scientist: $113,980
  • Accountant and auditor: $84,960
  • Economics teacher: $119,840

Minor Requirements

The Economics minor consists of 18 credits distributed as follows:

Required Courses

9 credits

BUS 2160 Statistics for Business and Economics (3) ECO 1520 Principles of Microeconomics (3)
ECO 1510 Principles of Macroeconomics (3)

Intermediate Economics Elective

Select one course (3 credits):

ECO 3130 Intermediate Microeconomics (3) ECO 3140 Intermediate Macroeconomics (3)

Electives

Select two courses (6 credits) from any 3000 or 4000 level electives in Economics.

Note: Students taking both ECO 3130 and ECO 3140 may include one of the two courses as an elective.

Note: A student majoring in Financial Economics cannot earn a minor in Economics.


Accreditation

ACBSP Accredited

The Reeves School of Business is nationally accredited by the Accreditation Council for Business Schools and Programs (ACBSP) to offer the following degrees: the Bachelor of Arts (B.A.) in Business Administration, Accounting, and Finance/Economics; the Bachelor of Science (B.S.) in Business Administration, Accounting, Financial Economics and Marketing; the Associate of Arts (A.A.) with a subject concentration in Accounting, Business Administration, Financial Economics, and Marketing; and the Master of Business Administration (M.B.A.).

Beginning in the fall of 2022, the University offers the Bachelors of Science in Business Analytics. Currently, we are seeking accreditation from the ACBSP for this degree program.

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