Formal organizations are people organized into a social unit for the explicit purpose of achieving certain goals. Such organizations include governments, businesses, nonprofit organizations, political parties, and the court systems. They do not include informal organizations such as the family, culture, and social groups. Formal organizations are characterized by endurance beyond the participation of individuals and require detailed rules for internal operations.
The Minor now comes with a choice between two tracks, the standard five courses and the new track of six courses that includes entrepreneurship within formal organizations.
- * FORG 201 Formal Organizations and Market Behavior
- A one credit internship within an approved formal organization.
- A history course that demonstrates how formal organizations were developed and employed, ECON 214. Business and Entrepreneurial History, or ECON 249. The Political Economy of Western Civilization.
- Two other courses drawn from the following approved list.
* ECON 207. Alternative Economic Systems (prerequisite: ECON 101)
ECON 306. Public Finance: Economics of the Public Sector (prerequisite ECON 101)
ECON 308. Industrial Organization and Public Policy (prerequisite: ECON 301)
* FORG 291. Entrepreneurship and Markets
FORG 302. Seminar in Entrepreneurship
* ITAL 272/LACS 272. Mafia
* POLS 301. American Political Parties (prerequisite: POLS 102)
* POLS 309. Congress and Public Policy (prerequisite: POLS 102)
POLS 355. Urban Politics (prerequisite: POLS 102 or permission of the instructor)
- A presentation given during the senior year on an interdisciplinary topic from the courses the student has completed in the minor.
If students wish to complete the track with entrepreneurship, add FORG 291. Entrepreneurship and Markets or FORG 302. Seminar in Entrepreneurship, for a total of six courses.