About the Program

The Business Economics minor is designed primarily for Business Studies majors, and secondarily for students in other majors who would like a background in economics commonly used in today's businesses. The minor in Business Economics introduces students to the essentials of finance including how to read and understand financial statements, how to calculate the value of stocks and bonds, how the government and banks create money, how debt works, and why credit is so important to a growing economy. Minors in Business Economics understand what banks, brokerages, finance companies, insurance companies do, how they make money and how they help mitigate and create risk for our economy. Using the tools of economics and finance, minors greatly improve their analytical capacity. Students become competent in handling the most basic problems in the finance and business world and improve their earning potential.

About the Economics and Finance Department

248 Cassety Hall
1300 Elmwood Ave
Buffalo, NY 14222
Phone: (716) 878-4606
Fax: (716) 878-6907
https://economics.buffalostate.edu/

Program Requirements

Required Courses (9 credit hours)
ECO 201 PRINCIPLES OF MACROECONOMICS 3
ECO 202 PRINCIPLES OF MICROECONOMICS 3
ECO 305 STATISTICS FOR ECONOMICS (May substitute MAT 311) 3

Electives (12 credit hours)
Select 12 credit hours from the following: 12
ECO 304 MONEY AND BANKING
ECO 307 INTERMEDIATE MICROECONOMICS
ECO 308 INTERMEDIATE MACROECONOMICS
FIN 314 CORPORATION FINANCE
ECO 320 MANAGERIAL ECONOMICS
ECO 325 INDUSTRIAL ORGANIZATION
ECO 350 PUBLIC FINANCE
ECO 424 ECONOMETRICS
FIN 345 ESTATE PLANNING
FIN 370 TECHNICAL ANALYSIS OF FINANCIAL MARKETS

Total Credit Hours 21

Important policy reminder: Current college policy states that a maximum of 3 courses from a student’s academic major can be used to fulfill the requirements of a minor. For example, if a Business major earns the credits for the required Business courses of Principles of Macroeconomics, Economic Statistics and Corporation Finance, only THREE of these courses can be used to satisfy the requirements of an Economics Minor.