Goal

Economics can rightly be seen as the most influential social science in our modern society, as the economic forces are dominant in the our daily life and in our society at large. As modern citizen it seems almost a requisite to understand economics. This minor provides the opportunity to meet this need. It consist of a thorough introduction plus an exposition of one of its applications of economics by experts in the field and it adds 30 EC for your Bachelor diploma. Choose a minor in Economics in your optional course profile.

You can even continue with a master at U.S.E. after your bachelor if you choose the right elective courses.

Content

What can you expect in this minor? The course Principles of Microeconomics provides you with the basic concepts and theories of economics as far as the decisions of individual persons and firms are concerned.

Principles of Macroeconomics analyses the development of welfare, employment and inflation. We will present a typical macroeconomic model the enables us to analyse the coherence between macroeconomic variables and the mechanisms that describe the relations between these variables. The model will enable you to gain better insights in the macroeconomic events in the word and to develop a view on potential policies to solve macroeconomic problems. 

In Principles of Corporate Finance you study in which assets or projects corporations should invest to increase shareholder and stakeholder wealth, and how the corporation is going to fund these investments.

In the course Economics of the Public Sector you learn to analyse the economics of public governance at different levels (taxation, government spending, tasks of governments and so on).

The course International Economics, Spatial Interactions covers the theory and practice of globalisation, including international trade, the multinational enterprise and foreign direct investment (fragmentation, outsourcing). The main theories with respect to international trade will be analysed at length. Special attention will be given to the implications of trade for the distribution of income.

Courses

The minor economics consists of four courses. Principles of Microeconomics and Principles of Macroeconomics are required. Of the elective courses you choose two, see the options in the table below.

Required courses
Principles of Microeconomics

Course code: EC1PME
Period 1
Level 1

Principles of Macroeconomics

Course code: EC1PMA
Period 2
Level 1

Elective courses
Introduction to the Economics of European Integration

Course code: EC2IEEI
Period 1
Level 2

Not in combination with ECB2INTE. 

International Economics, Spatial Interactions

Course code: ECB2INTE
Period 3
Level 2

Not in combination with EC2IEEI.

Corporate Finance and Behaviour

Course code: ECB2FIN
Period 1
Level 2

Not in combination with EC2PCF. This course builds on the basic financial knowledge of the ECB1IFA course, and thus the first 8 chapters of the textbook are assumed to be known.

Principles of Corporate Finance

Course code: EC2PCF
Period 2
Level 2

Not in combination with ECB2FIN.

Econometrics

Course code: ECB2METRIE
Period 2
Level 2

Industrial Organisation

Course code: ECB3IO
Period 2
Level 3

Economics of the Public Sector

Course code: ECB2EPS
Period 4
Level 2

Continue with a master at U.S.E.

If you want to continue with a master at U.S.E. after your bachelor, you should choose the elective courses you need to be admitted to your master of interest.

Depending on the Master’s programme, you will need to do the following 4 courses:

  • Principles of Micro-economics
  • Principles of Macro-economics
  • Econometrics

Combined with either

In addition, for Law and Economics (MSc) you will have to follow Industrial Organisation, and gain sufficient pre-knowledge of European Law.

Sufficient knowledge of Mathematics on university bachelor level is also important for the USE masters Banking and Finance, Financial Management, International Management, Economic Policy and Law and Economics.
If you did not acquire (sufficient) knowledge of Mathematics in your bachelor, we strongly advise you to study the following Mathematics textbook before the start of your Master’s programme: Pemberton, M., Rau, N. (2015). Mathematics for Economists. An Introductory Textbook, 4th edition. Manchester University Press. ISBN: 978-1-7849-9148-7

Additional requirements

The additional requirements for this minor are the entrance requirements of the chosen courses. Expected is knowledge of Mathematics at the level of the Dutch VWO-education (A of A1,2).

Application and registration

Utrecht University students can enrol for a minor and courses via Osiris Student during the enrolment period. You can find all relevant information regarding the enrolment procedure, the enrolment periods, the schedules and deadlines under Practical information at the Students Site.

Please note! You must enrol for both the minor and the corresponding courses

You must apply before the end of the enrolment period. You can find all relevant information regarding the enrolment procedure, the enrolment periods, the schedules and deadlines under 'Practical information' at the Students Site.

You can apply for a place in the minor programme through our non-degree students portal.

Please note! It is only possible to enrol for courses during the regular enrolment periods.

More Information

Due to changes in the Economics and Business Economics bachelor’s programme the Economics minors have been changed. Started with this minor before 2019-2020? Look at the transitional arrangement (document not available at the moment).

If you have any questions and/or comments, please contact the Study Advisors.