Undergraduate Programs
B.S. in Economic Sciences
Economics studies the allocation of resources between competing and alternative uses. Students gain an understanding of consumer and firm-level decision making and how the economic system functions and can be influenced. It is both a rigorous and flexible program of study that develops problem-solving skills and provides analytical tools for economic analysis, while allowing individuals the opportunity to explore specific areas of interest in various fields of economics. Majors study macroeconomics, which analyzes the level of output and prices, inflation, and unemployment within the economy; microeconomics, which studies how consumers make purchase decisions and utilize their time as well as how firms make decisions on what to produce and who to employ; and econometrics, which provides the technical tools to estimate economic models from data and to forecast economic outcomes. Application areas include such topics as health care, sports, tax policy, financial markets, international marketing and trade, and natural resources.
