The science of decision making
The study of economics provides students with valuable competencies, combining analytical and communicative skills. These analytical skills are the foundation for economic reasoning. They include problem-solving, critical thinking, and strategic decision making to analyze human behavior and the making of choices. Applications of this way of thinking are used to evaluate business operations, government policies, development projects, and in law.
Economics does not pigeonhole its graduates. The skillsets students learn can be applied in a wide range of occupations as noted by these famous economic majors: John Elway, Ronald Reagan, Mick Jagger, Bill Belichick, Sandra Day-O'Connor, and Paul Newman. Economics, as an undergraduate degree, allows students to gain more experience, both life and academic, before specializing in a career track in graduate or professional school. Many economic majors go to law school or pursue a Masters in Business Administration or Masters in Public Administration degrees. Those interested in data analytics will be able to hone their skill with a Master in Applied Econometrics degree.
Everything has a business side
Economics majors work in all industries, collaborating with key stakeholders to evaluate any setting or environment. The US Bureau of Labor expects jobs for economists to keep pace with the national average, and demand to be fueled by an increasingly complex and competitive global environment.
Federal Reserve System
Government or international agencies
Researchers to provide economic advice to policymakers
Data analysts for insurance companies and healthcare
Why I Chose Economics
“After giving the introductory classes a try, I fell madly in love with economics-it includes all of my favorite subjects such as mathematics, psychology, sociology, statistics, and finance. Plus, I quickly learned how helpful, knowledgeable and diverse the faculty is which made it that much more appealing.” - Hunter '20
The study of economics prepares students to use the tools of analytical reasoning in the discussion of the basic problems of modern societies. Issues such as business cycles, affluence, poverty, inflation, unemployment, efficiency, equity, and growth, are presented and discussed within the framework of existing institutions of the advanced and underdeveloped worlds. Major and minor programs in economics are designed to prepare students for careers in law, private business, and government and to provide a solid foundation for graduate work in business and the social sciences. The curriculum offers a balanced blending of analytical reasoning, critical discussion of current problems, and quantitative methods.
Students interested in economics may elect a major program leading to the Bachelor of Arts or Bachelor of Science degree or options combining teaching certification and a Bachelor of Science degree. The minor in economics is an excellent complement to a major in business, humanities, and the physical and social sciences. Students majoring in business need only three additional economics courses to get a minor in economics.