Minoring in Economics will develop your understanding of economic processes, including the production, consumption, and transfer of goods and services on microeconomic and macroeconomic scales. Practice advising organizations and learn how to formulate national policies, predict and analyze policy and market feedback, adapt to business trends, and distribute scarce resources for individuals, businesses, governments, and societies.
Specific classes cover the development and role of the banking system; factors that determine the size of national economy, inflation, unemployment, monetary policies, capitalism; and ways to efficiently use resources and distribute income.
With a minor in Economics, you will become familiar with the important economic, financial, and market terminology and processes necessary for majors that need to make informed decisions about the motion of people, capital, and goods across the globe.
Considering a Career in Philosophy, Politics, or Economics?
If you’re interested in being globally engaged with economics and politics, check out Taylor’s Philosophy, Political Science, and Economics major. By declaring the interdisciplinary PPE major, instead of searching for an Economics major or a Political Science major, you will gain a holistic understanding of contemporary issues through economic and political action.
Economics Curriculum & Degree Options
Contact the Business Department
Receiving any of the bachelor’s in Business degrees from Taylor will prepare you to enter the business world with the confidence to exceed expectations and stand out as a Christian business leader. Whether you are looking to create new products, analyze data for investment opportunities, or create detailed marketing plans, our Business curriculum will provide you with a solid foundation in the basic principles of accounting, finance, business law, economics, marketing, and management.
Each major in the Business department equips you with an exceptional education and the faith integration you will need to develop an ethical responsibility for business. The ACBSP-accredited Business department will prepare you for whatever career path you choose—from nonprofit to Fortune 500 to government work.
Through a student-run endowment fund, semester-long courses preparing students for the Series-7 and CPA exams, practicum experiences, and extensive alumni connections, you’ll be more than prepared to start your career in business.
To increase students’ international understanding of business, Taylor offers both long- and short-term overseas experiences in Lithuania, China, Honduras, and many more locations. Tour facilities, train novice entrepreneurs, meet company executives, and grapple with the challenges facing businessmen and businesswomen on a global scale. To see overseas business opportunities, visit our Business at Taylor page.
Taylor offers numerous opportunities to learn and grow as a future business person, including opportunities to work with the university’s Endowment Team to invest $2 million of the university's endowment, join Taylor’s nationally ranked Ethics Bowl team and compete against other universities nationwide, and connect with local entrepreneurs and businesspeople. Read more about our Business opportunities on the Business at Taylor page.
- Halbrook Freedom Scholarship: for students interested in entrepreneurship, education, media, and government
- Reynolds Memorial Scholarship: for Indiana residents pursuing a Business degree
Our required practicums expose Business students to real-world organizations to prepare them for future careers. Many Business students who complete practicums receive job offers from their employers before they graduate. Academic advisors have connected previous students to positions at Calamos Investments, Hope International, Wal-Mart, J.D. Norman Industries, and the Department of Defense.
Graduates of Taylor University’s Business department have gone on to work at many big-name organizations such as PricewaterhouseCoopers, KPMG, Deloitte & Touche, Ernst & Young, the Department of Defense, and Wal-Mart Corporation. Find your major’s page for a list of potential positions for which you will be qualified.
Alumni and employers regularly call the department, asking for graduates they can hire. The Calling and Career Office also has many connections to place students in the best position for their calling. With a success rate of 97%, Taylor business students have no reason to worry about finding post-graduation jobs, internships, or graduate school placements.
Learn more about Taylor University’s placement rates.
Our Business graduates have been accepted into some of the nation’s most prestigious business, law, and economics graduate schools, including:
- Top 25 business schools: Duke University Fuqua School of Business, University of Chicago Booth School of Business, Harvard Business School, Northwestern University Kellogg School of Management, Indiana University Kelley School of Business, and Thunderbird School of Global Management
- Highly-regarded law schools: Pepperdine, Stetson University, Rutgers University School of Law – Camden, Regent University, and Indiana University
- Nationally-ranked economics schools: Vanderbilt University, North Carolina State University, and Tulane University