About the Department of Economics
What is Economics?
Economics is commonly defined as a social science focusing on the exchange of goods
and serives, and between supply and demand. Those who study economics seek to understand
trends — especially around production and consumption — on a small (microeconomics) or large
(macroeconomics) scale.
Economists work in a variety of industries, analyzing market trends to improve an organization’s operations & forecast sales or studying sociological problems to shape policy.
Economics also attempts to answer questions related to the spending habits of individuals and communities.
What Will You Learn?
Many assume that the study of economics is only about finance and the stock market, but in truth, the field is much broader. Students learn to analyze economic behavior, understand market dynamics, and evaluate the impact of policies and interventions on economic outcomes.
Economics delves into the science of human behavior, intersecting such diverse disciplines as law, anthropology, physics, sociology, engineering, history, math, education, medicine, environment and agriculture. As a student of economics, you will tap into all these fields to
gain an understanding of how markets function. Organizations in nearly every industry
use economic analysis to forecast business and societal trends.
Economics Degree Programs >
A Career in Demand
Very few of our graduates are actually economists. Instead, they apply their skills to careers in virtually any industry across the globe. A background in economics gives you the flexibility to changes jobs and insulates you against unemployment, because these skills will always be in demand.
If your sights are set on attending law school, a focus in economics is solid preparation.
Studies have also found that students majoring in economics generally score higher
on the LSAT exam than do those of other majors.
Taught by Industry Experts
Highly regarded for their publications in the industry and engaging lectures in the classroom, our Economics faculty comprises some of the most respected scholars, professionals
and educators in the field.