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In the broadest sense, economics is the science of decision-making. In economics, students learn how to identify the costs, benefits, and consequences of a decision. Government economists assess economic conditions in the U.S. and abroad and estimate the... Read more
In the broadest sense, economics is the science of decision-making. In economics, students learn how to identify the costs, benefits, and consequences of a decision. Government economists assess economic conditions in the U.S. and abroad and estimate the economic impact of specific changes in legislation or public policy. Economists in private industry work largely for marketing research firms, management consulting firms, banks, investment firms, and insurance companies. A degree in economics is also highly desirable for students who plan to attend graduate school or law school. The College of Business and Economics has an excellent record of placing economics students in both. Major Learning Goals The objective of providing a foundational education in economics at the undergraduate level cannot be realized without appropriate curricula content, effective teaching, and ultimately, learning. Within the undergraduate economics major, we subscribe to the following learning goals for each of our undergraduate students. Students can use supply and demand to analyze how world events affect market equilibrium prices and quantities. Students understand the theory of the firm and its implications for prices and production under different market structures. Students understand the role of prices and profits and losses in coordinating economic activity. Students can evaluate the efficiency of competitive market outcomes relative to alternative arrangements. Students can explain how GDP, the unemployment rate, inflation, interest rates, and economic growth are measured, can distinguish between real and nominal variables, and can explain the significance of these measures. Students understand and can analyze the determinants of long-run variations in national economic growth rates, wealth, and income. Students understand and can analyze the determinants of short-run fluctuations of economic variables over the business cycle. Students understand the goals and tools of monetary and fiscal policy. Careers Economics is an excellent major for anybody interested in a career in: Banking Business Domestic government service Foreign Service Law Politics Read less
Program overview
Main Subject
Economics and Econometrics
Degree
Other
Study Level
Undergraduate
In the broadest sense, economics is the science of decision-making. In economics, students learn how to identify the costs, benefits, and consequences of a decision. Government economists assess economic conditions in the U.S. and abroad and estimate the... Read more
In the broadest sense, economics is the science of decision-making. In economics, students learn how to identify the costs, benefits, and consequences of a decision. Government economists assess economic conditions in the U.S. and abroad and estimate the economic impact of specific changes in legislation or public policy. Economists in private industry work largely for marketing research firms, management consulting firms, banks, investment firms, and insurance companies. A degree in economics is also highly desirable for students who plan to attend graduate school or law school. The College of Business and Economics has an excellent record of placing economics students in both. Major Learning Goals The objective of providing a foundational education in economics at the undergraduate level cannot be realized without appropriate curricula content, effective teaching, and ultimately, learning. Within the undergraduate economics major, we subscribe to the following learning goals for each of our undergraduate students. Students can use supply and demand to analyze how world events affect market equilibrium prices and quantities. Students understand the theory of the firm and its implications for prices and production under different market structures. Students understand the role of prices and profits and losses in coordinating economic activity. Students can evaluate the efficiency of competitive market outcomes relative to alternative arrangements. Students can explain how GDP, the unemployment rate, inflation, interest rates, and economic growth are measured, can distinguish between real and nominal variables, and can explain the significance of these measures. Students understand and can analyze the determinants of long-run variations in national economic growth rates, wealth, and income. Students understand and can analyze the determinants of short-run fluctuations of economic variables over the business cycle. Students understand the goals and tools of monetary and fiscal policy. Careers Economics is an excellent major for anybody interested in a career in: Banking Business Domestic government service Foreign Service Law Politics Read less
Admission Requirements
61+
6+
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
Bachelor of Science in Economics
# 551-700QS Subject Rankings
Economics and EconometricsMain Subject Area
Program overview
Main Subject
Economics and Econometrics
Degree
Other
Study Level
Undergraduate
Read more
Program overview
Main Subject
Economics and Econometrics
Degree
Other
Study Level
Undergraduate
Read more
Admission Requirements
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
How to get a full scholarship
Looking for a fully-funded scholarship to see you into university? Find out how to boost your chances of getting one.
Scholarships to study abroad
Find scholarships to study abroad with our lists of international scholarships – categorized by country, by subject, and by type of student.
Scholarship Applications: Frequently Asked Questions
Get answers to all your questions about scholarship applications, including tips on how to find scholarships and chances of success.
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