Students minoring in Economics at Lakeland University are provided a strong foundation in economic theory while having opportunities to explore practical decision-making situations from the business world.
As part of a liberal arts curriculum, Economics teaches critical thinking at its most fundamental level, challenging students to question how we assign value to the things in our lives.
The field of Economics has been called "the science of choice" — the systematic study of how people use scarce resources to obtain the things they want or need. This science doesn't take place in a remote laboratory, however, but in every corner of our economic world.
Lakeland University's Economics minor addresses the biggest issues of global markets, national tax policy, and the smallest everyday decisions about how we will spend our time and money. Whether one is thinking about governments, businesses, or households, our students understand that economic literacy is a must.
You already passed your first test, you are interested in applying to Lakeland and learning more about your opportunities to success!
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*Exceptions to the above admission criteria may be granted for students with a cumulative GPA range from 1.75 to 1.99 if the academic experience that resulted in the less than 2.0 GPA was more than two years ago. Furthermore, typically students with a cumulative GPA range from 1.50 to 1.75 will only be considered if the poor academic performance experience that resulted in the less than 2.0 GPA was more than five years ago. Students receiving an exception will be admitted conditionally.