Program Overview
The study of economics deals with the issue of scarcity. Questions economists deal with on a daily basis surround what to produce, how goods and services will be produced, and how produced goods and services are distributed in society. In other words: economics explores how we use scarce resources to satisfy unlimited wants in society. The study of economics utilizes historical data, theoretical models, and empirical evidence to explain the behavior of individuals, firms, and nations in producing and consuming goods and services.
Economics allows students to think critically, analyze complex problems and apply solutions to real world problems. It provides students the foundation for various academic and professional endeavors. Professionals in management, law, education, government, finance and international affairs use economic analysis. Employers and graduate schools often seek individuals with an understanding of economics.
Career Opportunities
Opportunities in the field of economics are broad and diverse. They include, but not limited to: government (federal, state, local) and private industry. Specialties can be pursued in consulting, research, and finance. Economists can specialize in a particular industry such as healthcare, transportation, or energy. Nearly all industries employ economists.
What You Will Learn
- Describe basic economic principles and theories in microeconomics and macroeconomics.
- Interpret economic data, models and graphs.
- Communicate economic concepts effectively in written, visual, and/or oral formats.
- Analyze socio-economic issues and trends using key economic terms and theories.
Career Outlook
Some careers shown require further education beyond this program.