Why Study Economics?
At its best, a college major matches a student’s academic talent and interests with preparation for a rewarding career. In the dynamic 21st-century labor market, there are many exciting possibilities, but it can be very hard for anyone to predict how their career will evolve. A bachelor’s degree in economics equips students with a broad and diverse set of skills with the flexibility to match the uncertain future. At the heart of this is gaining an understanding of how people, firms, governments, and other actors make decisions, and how these decision-makers interact with each other in markets and elsewhere. Both theoretical models of behavior and rigorous data analysis build this understanding. These tools of economics are valuable in jobs as diverse as consumer marketing, political advocacy, and sports analytics. Perhaps even more importantly, they provide a framework for understanding our ever-evolving society.
Economic models explain how firms’ decisions will impact their profits, how public policy choices will impact different groups and overall social welfare, why economic activity may shrink in a recession, and many other issues. Economics is a very large field of social science, and our major offers a wide scope for students to choose their courses and fields of concentration. One student may chart a path to gain a deep understanding of business strategy while another focuses on how public policy impacts the environment, health, and inequality. The topics may differ greatly across classes, but you’ll find the methods share much in common.
In the links below you’ll find more information about the structure of our bachelor’s programs in both the Haslam College of Business and the College of Arts and Sciences. You can also explore information on careers for economics majors, and how you can customize your degree plan to match your aspirations.
The Economics Curriculum
The economics curriculum in both the Haslam College of Business and the College of Arts and Sciences is quite flexible, with only four required courses in the major. This flexibility allows you to personalize your training and prepare for a wide variety of careers. Explore the structure of our bachelor’s degree programs, and chart a path that fits you and your goals.