The Minor in Economics provides students with a foundational understanding of economic principles, theories, and analysis techniques without requiring the extensive coursework of a major. This Minor is designed for students from diverse backgrounds (STEM, humanities, engineering, etc) interested in leveraging their technical or soft skills to build a career in fields such as business, management, economics and finance, public policy, and more.
Students can apply for the Minor in Economics starting from the 3-year of studies. The requirement for the Minor declaration is the completion of the following courses by the end of their 5th semester:
• ECON101 Introduction to Microeconomics
• ECON102 Introduction to Macroeconomics
• MATH161 Calculus I
• ECON201 Intermediate Microeconomics
• ECON202 Intermediate Macroeconomics
Students will need to receive a minimum of B- in ECON101, ECON102, and MATH161. Moreover, students must receive a minimum of B- in ECON101, ECON102, and MATH161.
To confirm the Minor in Economics, the students must have completed 42 credits outlined in the table below by the end of their studies. The passing grade for Introduction to Microeconomics and Introduction to Macroeconomics must be aminimum of B-. For non-Economics students, the combination of MATH321 Probability and MATH322 MathematicalStatistics/MATH310 Applied Statistical Methods is counted as a prerequisite for Econometrics I.
Course CategoriesElementary Economics Courses 12 - 6 credits Introduction to Microeconomics
- 6 credits Introduction to Macroeconomics
Intermediate Economics Courses 18- 6 credits Intermediate Microeconomics
- 6 credits Intermediate Macroeconomics
- 6 credits Econometrics I
Advanced (300 or 400 level) Economics Electives 12If you have any questions about the minor or would like to discuss your application, please send an email with your transcript attached to
economics_minor@nu.edu.kz.