Economics
Table of Contents
Overview
A general program that focuses on the systematic study of the production, conservation and allocation of resources in conditions of scarcity, together with the organizational frameworks related to these processes. Includes instruction in economic theory, micro- and macroeconomics, comparative economic systems, money and banking systems, international economics, quantitative analytical methods, and applications to specific industries and public policy issues.
Stagflation. Bear market. Hedging. Liquidity. Capital goods. These are some of the terms you’ll come across in your studies as an Economics major.
Economics explores how goods and services are produced, distributed, and consumed. As a social science, this field covers more than just numbers. It has a stake in every field that involves people: business, medicine, law, technology, and psychology, to name a few. You’ll examine how the decision-making process is impacted when resources are limited. Economists are interested in the individual and societal effects of income disparities, trade, employment, depression, and recession.
As a major in this fascinating, complex field, you’ll study historical trends, interpret news headlines, and make economic forecasts.
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Frequently Asked Questions
- Macroeconomics
- Social Economics
- Political Economy
With an Economics degree, you’ll have the knowledge to make financial predictions for your organization. Studying economics means you’ll graduate with strong analytical and problem-solving skills─highly desirable by employers in many industries.
- Postsecondary Economics Teachers
- Postsecondary Home Economics Teachers
- Economists
- Environmental Economists
- Farm and Home Management Educator
- International Economics
- Law and Economics
- Financial Economics
- Public Policy
- Quantitative Analysis
Majoring in economics provides the opportunity to see the world from a unique vantage point. Everything is viewed from the perspective of resources at various levels: individual, household, business, government, and societal. Be sure to know your institution’s credit and course requirements for the successful completion of your degree.
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