Economics

Students studying Economics gain a solid foundation of economic theory and applications that enables them to analyze and understand many issues from an economic perspective.

What is Economics?

From an economic perspective, the basic social problem is one of limited resources in a world of unlimited wants. Thus, economics analyzes the behavior, policies, and laws of individuals, firms, and political institutions, seeking to understand how these economic actors determine the allocation of resources. Economics provides much of the theoretical underpinnings for the other business disciplines.

Career Opportunities in Economics

Half of the US presidents since 1975, and the 2006 Nobel Peace Price winner, were economics majors.  Evidently, economics training is broadly applicable, useful in many occupations.  While about two thirds of those with majors in economics work in corporations and other private businesses, many govermental, military, and non-profit opportunities are also open to economists.  Economics training enhances logical reasoning and analytical skils, useful in the corportate world and very useful as a preparation for further study in law and business.

College of Business - Economics Program