Ranked as the 16th largest state in regards to population, Indiana has been nicknamed the “Hoosier State.” The dynamic economy of the state is well balanced with numerous higher learning institution ranked highly worldwide. The state is home to Purdue University-West Lafayette among others offering quality programs acknowledged worldwide.

There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

The USA remains the world’s most popular destination for international students. Universities in the US dominate the world rankings and the country also offers a wide variety of exciting study locations. State university systems are partially subsidized by state governments, and may have many campuses spread around the state, with hundreds of thousands of students.

A bachelor's degree is given to students who fulfill the necessary requirements given by the college or university they are attending. The requirements include three to seven years of focus on a subject, typically referred to as a major or concentration.