Economists use micro-and macro-economic models to understand how economic resources such as labor and capital are allocated efficiently among competing alternatives. In this minor program, you will learn analytical and problem-solving skills which will make you versatile and highly employable in both the public and private sector.

An economics minor will also prepare you for professional study in fields such as business management, law and public affairs. For minor requirements, course descriptions and other info check out the Economics Minor catalog page.

Quick Facts

Tuition
On-campus: $6,356*
Online: $7,334*
Credit Hours
19

Calendario

Don't miss an important date or deadline

Designed for working professionals, UIS programs feature multiple start dates per year, so you can begin at the time that best fits your schedule and complete your degree quickly. View the Academic Calendar

Now Enrolling

Apply by Date:
Agosto 10, 2026

Start Date:
Agosto 24, 2026

Apply Today!

Tuition & Aid

UIS is the most affordable option to earning your University of Illinois degree. Earn a world-class education for less than you’d expect.

Tuition Estimates

On-campus $6,356*
Online $7,334*

*These numbers represent an estimate of the in-state tuition cost for this program and do not include fees. To get an estimate of the full cost of attendance check out the cost of attendance page and/or use the tuition calculator.

Admissions

Applying to UIS is simple

We've streamlined our admission process to save you time and effort. Just follow the steps below.

 

Review admission requirements

No specific admission requirements are listed at this time. Please contact the Office of Admission for more information.

International students, will you need an F-1 student visa to study on campus at UIS? Please review the International Applicants site for additional information.

Complete your application

An email address is required to create an account. To submit a paper application, visit the Resources & Forms page. Find more information about what type of student you are on the Student Types page. Applying for an online program is the same procedure as applying for an on-campus program.

Send your official transcripts

Email your official or certified academic records/transcripts to incomingtranscripts@uis.edu or through any of the major transcript platforms. Photocopies will not be accepted.

Submit required statements/writing sample

If you are a first-year student, a statement of 250-650 words is required for admission. We want to hear about your professional aspirations, intellectual interests, and personal experiences relevant to your choice of a specific academic program. You can upload the required documents on your application status page.

Pay your application fee

You can submit your non-refundable application fee online, after completing the online application. Alternately, it can also be mailed to the university, payable to University of Illinois Springfield.

Domestic students: Undergraduate - $50, Graduate - $60;

International students: Undergraduate - $60, Graduate - $75.

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Courses & Catalog Information

Career Outlook & Potential Earnings

Graduates of this program may find opportunities in the following careers. Data sourced from O*NET OnLine by the U.S. Department of Labor.

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Median Annual Wage $123,920
Wage Range $64,060 – $224,200
Projected Growth Below Average
Top Skills:
  • Speaking
  • Active Listening
  • Instructing
Typical Education: Doctoral degree, Post-master’s certificate, Master’s degree

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and proce

Median Annual Wage $124,720
Wage Range $67,360 – $238,060
Projected Growth Below Average
Top Skills:
  • Critical Thinking
  • Mathematics
  • Reading Comprehension
Typical Education: Master’s degree, Doctoral degree, Bachelor’s degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incen

Median Annual Wage $124,720
Wage Range $67,360 – $238,060
Projected Growth Below Average
Top Skills:
  • Writing
  • Active Listening
  • Critical Thinking
Typical Education: Doctoral degree, Master’s degree, Bachelor’s degree

Business Teachers, Postsecondary

Bright Outlook

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primar

Median Annual Wage $99,080
Wage Range $47,180 – $209,470
Projected Growth Bright
Top Skills:
  • Speaking
  • Instructing
  • Active Listening
Typical Education: Doctoral degree, Master’s degree, Bachelor’s degree

Agricultural Sciences Teachers, Postsecondary

Teach courses in the agricultural sciences. Includes teachers of agronomy, dairy sciences, fisheries management, horticultural sciences, poultry sciences, range management, and agricultural soil conse

Median Annual Wage $98,700
Wage Range $50,870 – $163,150
Projected Growth Average
Top Skills:
  • Instructing
  • Learning Strategies
  • Reading Comprehension
Typical Education: Doctoral degree, Post-doctoral training, Master’s degree

Family and Consumer Sciences Teachers, Postsecondary

Teach courses in childcare, family relations, finance, nutrition, and related subjects pertaining to home management. Includes both teachers primarily engaged in teaching and those who do a combinatio

Median Annual Wage $75,870
Wage Range $47,830 – $130,790
Projected Growth Average
Top Skills:
  • Speaking
  • Active Listening
  • Instructing
Typical Education: Doctoral degree, Master’s degree, Post-baccalaureate certificate
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2026-08-24