“Economics is a study of man[kind] in the ordinary business of life.”
– Alfred Marshall, Principles of Economics (1890)
Economics is the study of how the individual or society allocates scarce resources to satisfy unlimited wants. Students completing a bachelor’s or more advanced degree in Economics may find employment as market researchers, educators, budget analysts, statisticians, economists, or government or banking employees.
Program Learning Outcomes
- The student will analyze specific economic markets to explain and predict changes in price and economic behavior.
- The student will be able to identify various international policy options using economic terminology when given an economic problem.
- The student will demonstrate an understanding of individual choices as they relate to overall economic systems.