Economics Department

Economics courses at Hennepin Technical College provide an introduction to economics.   We focus primarily on applied economics, including: Consumer Economics, Microeconomics, and Macroeconomics.   If you are considering economics as a major, you can transfer your HTC course work to four-year colleges and universities. 

We are dedicated to helping students learn the foundation of economics, which will empower students to better understand the economic system and help students contribute to being informed citizens.  These courses are often taken by those in the business program, those that expect to own their own business, and those who are interested in earning the various MnTC goal areas. 

Employment

Although most people working as professional economists hold graduate degrees, you can earn a bachelor’s degree in economics and follow a wide variety of career paths. Students typically use economics as an entry to other professions as many value economists’ ability to break down complex issues into a series of smaller, easier problems.  Further, many employers value the ability to explain complex relationships, analyze data, and the ability to think critically. 

Salary Report

Those who work within the Economics field are typically very well compensated. 

https://www.payscale.com/college-salary-report/common-jobs-for-majors/social-sciences

Further education

Those who are interested in pursuing an economics degree or economics-related career are strongly encouraged to take as much mathematics and statistics as possible.  It is very common for granters of economics degrees to require calculus and a mathematics statistics course. 

Career Options

While those with economics degrees have a wide range of job titles, they are more concentrated in various fields. These fields include:

  • Banking and Finance
  • Management and Marketing
  • Government Services
  • Public Policy
  • Journalism
  • Healthcare Administration

Common Questions:

Q:  What’s the difference between ECON 2200 Microeconomics and ECON 2300 Macroeconomics?

A:  Microeconomics is the study of the small. We look at ONE firm, ONE consumer, or ONE market at a time. The goal is to understand how each “player” optimizes their decisions given their limited resources.  Macroeconomics is the study of the entire system collectively. We look at bigger-picture issues such as employment (or unemployment) in the entire economy that cannot be examined by looking at one market at a time.