Explore patterns of human behavior in the market
Economics is not just about money and interest rates. The tools of economic analysis have been used to predict flu outbreaks and catch cheating sumo wrestlers, and can even help you get into law school.
The Economics major examines the actions and choices made in order to manage society's scarce resources. Emphasis in our program is placed on understanding how markets coordinate the actions and interactions of people in their various roles as individual consumers or producers, and as members of social, cultural, political, or economic organizations.
What You Will Learn
The Economics major is designed to provide students with:
- A fundamental understanding of economic processes;
- An ability to communicate and critically analyze economic issues;
- Tools for functioning as intelligent, productive business leaders and responsible, informed members of society.
Our Economics students go on to careers in economic and political analysis, publish peer-reviewed journal articles with our faculty, and have been sought after by many top graduate programs in economics.
Get to know our nationally-respected economics faculty, and explore the requirements of the program below.
Sample Courses
As a business professional, it’s important to understand all areas of the business world. In addition to a solid foundation of economics courses, you’ll take core courses in business, management, finance, and economics. Here’s a sample of what you can expect to learn and do:
- Principles of Microeconomics
This course is an introduction to economic analysis: efficiency and equity; production and exchange; costs, supply, and demand; markets, organizations, and government; competition, cooperation, and coercion; and international trade.
- Principles of Macroeconomics
This course is an introduction to various theories of inflation and unemployment; economic growth; money, banking, and financial intermediation; interest rates; business cycles; exchange rates, trade balances, and the balance of payments; deficits and the national debt; monetary, fiscal, exchange rate, income, and regulatory policies; and national income, product, and international payments accounting.
- Economic Development
This course considers the disparity of material well-being among the masses of people in different countries. Topics include causes of poverty and wealth; the nature of economic growth; and the roles of the state, markets, and social and cultural institutions in economic development.