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 or the new track of six courses that includes entrepreneurship within formal organizations.

Course requirements:

The required courses must be drawn from at least three programs or departments.

  • FORG 201. Formal Organizations and Market Behavior
  • A history course that demonstrates how formal organizations were developed and employed, or ECON 214. Business and Entrepreneurial History
  • Three other courses drawn from the approved list available from the minor coordinator.
    • FORG 220. Prototypes and Models of Formal Organizations
    • FORG 226. Entrepreneurship and Society
    • FORG 272. Mafia FORG 280. College
    • FORG 309. Matching Markets
    • FORG 310. Theory and Philosophy of Markets
    • FORG 315. Sports FORG 325. Prohibitions
  • A variety of electives in other Departments
  • 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.