Bachelor Degree in Economics in Green Bay in USA

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Economics

A bachelor’s degree is a four-year undergraduate degree and is the standard for higher education throughout most of the world. Bachelor’s degrees can be earned at state universities, at private universities, at community colleges and via online universities.

Economics is a branch of social science that deals with the distribution, consumption, and production of goods and services. Economics is a derivative of two Greek words which mean “house” and “law,” and thus the subject deals with customs of good management.

 

Education in the United States is mainly provided by the public sector, with control and funding coming from three levels: state, local, and federal, in that order. The common requirements to study at a higher education level in United States will include your admissions essay (also known as the statement of purpose or personal statement), transcript of records, recommendation/reference letters, language tests

Green Bay is a city in Wisconsin well-known as the home town of the Green Bay Packers, an NFL team. Green Bay is known as one the most vibrant, concentrated and supportive NFL football towns in the United States.

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Bachelor in Economics

University Of Wisconsin - Green Bay
Campus Full time Part time September 2018 USA Green Bay

The systematic study of economics helps one to better understand this complex system of markets, enterprises (profit-motivated, government, and private, not-for-profit), unions, and many other economic and political interest groups that influence the economy and the role of government. [+]

Economics is everywhere! As workers, consumers, and sometimes business owners all of us have through our daily activities gained some knowledge of how the economy functions. This knowledge, however, is not systematic and precise. The modern economy is an extremely complex system of social institutions. The systematic study of economics helps one to better understand this complex system of markets, enterprises (profit-motivated, government, and private, not-for-profit), unions, and many other economic and political interest groups that influence the economy and the role of government.

Here are a few basic practical questions the study of economics helps one to understand.

Why are wages and salaries so different? Some workers work for $5 per hour while others thousands of dollars per hour. Why does the price of housing different so much across cities? One can buy a very nice house in Green Bay for $200,000. That very same house would cost five or ten times more in many parts of the east and west coasts. Why do airfares differ so much for the same flight? For example, on a flight from, say, Chicago to Los Angeles in economy class, some people are paying a $200 fare while others are paying $800. ... [-]