Economics is the study of how individuals, businesses, and governmental units manage resources. Focused attention is given to how these entities influence and interact with each other in the production, distribution, and consumption of goods and services. The dynamic and ever changing conditions of the economy create an exciting environment in which these interactions occur.
An undergraduate degree in Economics provides a broad education in the liberal arts, focusing on the social sciences, with a specialization in economic theory and application. Students can select the Bachelor of Arts in Economics, which includes more liberal arts courses, or the Bachelor of Science in Economics, which provides indepth training in analytical methods. In both programs, students develop analytical, criticalthinking and communications skills they can use in many career fields.
Topics of study in both the B.A and B.S. in Economics include financial markets, labor relations, organization of business, and the distribution of wealth, poverty and income. These programs provide excellent preparation for employment and a solid foundation for graduate study in a variety of disciplines.
The B.A. in Economics incorporates advanced coursework in writing and communications, along with an emphasis in the humanities and social sciences. It provides excellent preparation for careers and/or graduate programs that depend on strong communications skills. Program electives make it possible to pursue a minor or double major (frequently with Accounting, Business Administration or with programs in Humanities and Social Sciences). By completing coursework in mathematics, statistics, microeconomics and macroeconomics, students obtain a well-rounded curriculum suited for a broad range of career areas, including finance, public policy, government, international trade and other fields. Students choosing the B.A. often pursue graduate studies in law, public policy and business.
The B.S. in Economics is the path of choice for students interested in careers that emphasize analytical work, or in graduate studies in economics or another area dependent on strong quantitative skills. Students obtain rigorous training in mathematics and statistics, which complements studies in micro and macroeconomics and related applications. The B.S. curriculum includes several electives to facilitate additional or advanced study of applied economics, pursuit of a minor or the completion of a double major with other Bachelor of Science degrees.