Computer Science and 10 Other Minors for Economics Majors

Engineering majors at the McKelvey School of Engineering are required to complete the distribution requirements as well as all other requirements for the BS in Applied Science degree. Arts

Benefits of an economics major and computer science minor

Because it can help them understand programming, data science, networks, algorithms, artificial intelligence, and occasionally software development, many economics majors choose to minor in computer science. These abilities are becoming a bigger part of the job in many industries, and they may be especially useful for economics majors who need to compile financial and economic data and other statistics.

Students with a background in computer science may be introduced to the tools used by economists to gather and analyze data. This can include AI and machine learning and software tools. Additionally, they can learn how to analyze huge, complex data sets using algorithms and AI, and they could even learn how to create software tools for specific economic applications. When looking for a job, economics majors can stand out with these practical skills.

10 minors for economics majors

Here are 10 minors that economics majors can consider pursuing:

1. Data science

Minors in data science can assist students in honing their data collection and analysis skills using a variety of tools. Students who study data science frequently investigate concepts from programming, artificial intelligence, cloud computing, data mining, machine learning, probability, and statistics. These abilities can instruct students in the collection of data for a variety of applications as well as the interpretation of the data. Economics majors can learn useful skills that they can use to gather and analyze economic data by pursuing a minor in data science.

2. Mathematics

A minor in mathematics can assist students in gaining knowledge of complex mathematical ideas. Linear algebra, calculus, number theory, differential equations, applied mathematics, geometry, and financial mathematics are typical courses in a math minor. A minor in mathematics can help economics majors develop the abilities to complete data and financial analysis and to produce advanced economic models, as mathematics is a discipline that heavily relies on mathematical concepts. Students planning to pursue a master’s or doctoral degree in economics may find that a minor in mathematics will better prepare them for this goal. D. in economics.

3. Political science

Students learn about various theories of political organization and how they operate in various contexts in political science courses. International relations, political economy, political theory, international politics, American politics, comparative political systems, law, and judicial theory are among the topics that students frequently study. These courses can be especially helpful for economics majors who want to work in government. A minor in political science can help students comprehend how politics and economics interact as well as how to formulate and evaluate economic policy.

4. Behavioral science

Students learn about the social and scientific causes of human behavior in behavioral science courses. These courses frequently include lectures in biology, psychology, sociology, political science, cultural anthropology, and other subjects that can familiarize students with a variety of theories of human behavior. For economics majors who want to work in the public sector or develop economic policy, a minor in behavioral science might be another excellent option. They can better comprehend human behavior and the social consequences of economic policy thanks to these courses.

5. Statistics

The field of statistics is concerned with gathering, organizing, and interpreting data and applying it to actual circumstances. Students frequently study subjects like statistical methods, probability, distribution theory, statistical inference, regression, and data analysis in statistics courses. These topics could be beneficial for economics students who want to work in government because they can teach them how to gather statistics and interpret them when formulating public policy.

6. Internet technology

The area of computer science that deals with internet-based operations is known as internet technology. Programming, web development, software development, web marketing, data management systems, computer network security, and wireless communication are among the topics that students who minor in internet technology can study. This minor can assist economics majors in acquiring crucial technical abilities that will enable them to conduct economic research in the contemporary workplace. Additionally, it can make them stand out from rival applicants who might have more theoretical training.

7. Analytics

Analytics is the study of information gathering and computer-based analysis. Its an increasingly important part of business and government policy. Data mining, machine learning, data visualization, networking, database management, and business analytics are just a few of the subjects that students can study as minors in analytics. For economics majors who want to work in business, a minor in analytics can help them gain the knowledge and abilities necessary to gather and analyze financial data. Additionally, it could teach them how to use data to make business decisions.

8. Psychology

Understanding how human psychology affects financial decisions is often helpful to economists Psychology is a minor that economics majors who want to work for local, state, or federal governments or organizations that make policy should think about pursuing. Neuroscience, behavioral psychology, group behavior, human learning, social behavior, consumer dynamics, and neuroeconomics are all topics that psychology majors may study. These topics can aid economists in comprehending the social dynamics and behaviors that affect the formulation of economic policy.

9. Accounting

Accounting is collecting, analyzing and reporting an organizations financial activities. Tax law, accounting procedures, auditing, accounting information systems, financial statement analysis, and accounting ethics and standards might be studied by an economics minor in accounting. Students can better understand the theoretical and practical aspects of finance by majoring in economics and minoring in accounting. For economics majors who are interested in working for private companies, this may be helpful.

10. Language

For economics majors, learning a foreign language can have a lot of advantages. They could study global economic trends and collaborate with economists from other countries thanks to it. Additionally, it might be advantageous for those seeking employment outside of the United States. Language minors in Mandarin, Spanish, Portuguese, German, or French are options for students. They might study vocabulary, grammar, reading, and writing in language classes, as well as take specialized classes focused on business interactions.

8 MINORS for Economics MAJORS

FAQ

What is a good minor for an economics major?

For economics majors, various business fields like marketing, management, administration, e-commerce, and accounting make excellent minors.

Is IT a good idea to minor in computer science?

A computer science minor is one of the best to have under your belt when it comes to tech careers. CS minors not only assist in elucidating some of the theory underlying contemporary computation and programming, but they also assist in deepening your understanding of how computer software functions.

Does computer science and economics go together?

Particularly within major fields like econometrics, financial economics, industrial organization, and mathematical economics, the computer science curriculum complements economics well.

What is a good major for a computer science minor?

• Mathematics. Math makes a good complement for a computer science degree.
• Communication. …
• Business. …
• Psychology. …
• Physics. …
• Biology.