The applied economics minor will give you a solid foundation in economics principles and how they’re put into action in the real world. You’ll develop critical thinking skills, an analytical approach to problem solving, proficiency data analysis, and knowledge of financial and economic concepts. Overall, you’ll begin to understand how the production, distribution, and consumption of wealth affects business and policy decisions and the economy.
After completing prerequisites in introductory economics, your elective courses can focus on specific industries and areas such the environment and natural resources, international development, food policy, agriculture, and the public sector.
Who’s eligible for the applied economics minor?
All Cornell undergraduates except students enrolled in Dyson
How many credits are required?
15 credits (3 must be AEM) on topics like microeconomics, macroeconomics, trade and finance, and policy
I’m interested. What’s next?
After reviewing the requirements below and our FAQ and policies page, you can begin the process using the Business Minors Dashboard.
You are required to complete 6 prerequisite credits in microeconomics and macroeconomics before you can begin the core courses for the applied economics minor. Transfer and AP credits can be applied toward these prerequisite courses.
You must complete (or have transfer/AP credits) for the following two courses before beginning the minor.
Core requirements for the applied economics minor
The applied economics minor’s core includes 9 credits. Keep in mind that 3 of these 9 credits must be fulfilled with AEM courses.
All core courses must be completed with a grade of C or better. Transfer courses are not permitted for core requirements. Students may not “double count” courses that overlap with other AEM minors—the course you choose can only count toward one minor. To count toward your 3 AEM credits, a course must have the AEM course code.
One of the following courses is required for the applied economics minor.
Intermediate Microeconomic Theory
Two of the following courses are required for the applied economics minor.
Advanced Financial Analysis
Behavioral Economics & Managerial Decisions
Futures, Options & Financial Derivatives
International Trade Policy
Agricultural & Food Policy
Political Economy of the WTO
Food Policy for Developing Countries
Economics of Food & Malnutrition
International Finance & Macroeconomics
Economics of Advertising
The Economics & Psychology of Sustainable Business