Economics is the study of how individuals, businesses and governments allocate resources to satisfy their objectives. The concentration in economics prepares students for graduate study in fields such as business and law, for graduate study leading to teaching and research in economics, and can be a stepping stone to employment in business, finance and non-profit and government organizations. Students may choose either the standard or professional track.
The study of economics helps students understand markets, firms, financial organizations and public debate about economic policy, including taxation, government expenditure, trade, globalization, health and welfare.
Students who wish to declare the economics concentration must FIRST meet with a concentration advisor during office hours. Advisors will not contact students and will not approve concentration declarations until they have met with the student.
Students in this concentration will:
- Learn principles of decision-making by individuals, households and firms
- Analyze economic activity on a national and global scale, including aspects of employment, production of goods and services, and pricing
- Gain familiarity with one or more economic subfields
- Acquire advanced skills in quantitative thinking
- Develop facility in applying statistical methods to economic data
- Professional (Econ)
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Alumni who pursued the economics concentration have gone to work as financial advisors and attorneys and are chief executive officers and chief operating officers in a variety of industries. Others have pursued careers in public health, landscape architecture and the U.S. House of Representatives.
What are Economics concentrators doing...