About the Department of Economics
what is economics?
Economics is the study of how individuals, businesses and governments allocate scarce resources to meet unlimited wants and needs. It examines how goods and services are produced, distributed and consumed while exploring the relationship between supply, demand, prices and markets.
Economists use data and analytical thinking to understand why markets change, predict economic trends and evaluate the impact of business strategies and public policies.
The field is generally divided into two primary areas:
- Microeconomics focuses on the decisions made by individuals, households and businesses.
- Macroeconomics examines national and global economies, including inflation, unemployment, economic growth and monetary policy.
Graduates use economic analysis to solve business challenges, improve organizational performance, forecast future trends and help shape public policy.
what will you learn?
An economics degree develops the analytical, quantitative and critical thinking skills needed to solve complex business and societal challenges.
Throughout the program, you'll learn how to:
- Analyze economic data and market trends
- Evaluate business and public policy decisions
- Apply microeconomic and macroeconomic theory to real-world situations
- Interpret consumer and organizational behavior
- Conduct economic research using quantitative methods
- Communicate complex findings to business leaders and stakeholders
Because economics connects with nearly every discipline, you'll gain knowledge that can be applied across industries including finance, healthcare, technology, manufacturing, government, consulting, education and nonprofit organizations.
Graduates leave prepared to make data-informed decisions that improve organizational performance and address economic challenges at both the local and global levels.
a career in demand
An economics degree opens the door to a wide variety of careers—not just positions with the title of economist.
Employers value economics graduates for their ability to analyze data, solve problems, evaluate risk and make strategic recommendations. These transferable skills create opportunities in virtually every industry and provide the flexibility to adapt as the job market evolves.
Common career paths include:
- Business Analyst
- Economic Analyst
- Financial Analyst
- Market Research Analyst
- Data Analyst
- Policy Analyst
- Consultant
- Government Economist
- Supply Chain Analyst
- Operations Analyst
An economics degree also provides excellent preparation for graduate and professional programs. Many graduates continue their education in law, business, public policy or economics. Economics majors have consistently performed well on the LSAT, making the degree an excellent foundation for students planning to attend law school.
taught by industry experts
Our Economics faculty combine academic research with real-world experience to prepare students for today's data-driven economy.
Recognized for their scholarly publications, industry expertise and engaging teaching, faculty members mentor students through research opportunities, applied economic analysis and practical coursework that connects economic theory to real-world business and policy decisions.
You'll learn from respected economists and educators committed to helping you develop the analytical skills employers seek and the knowledge needed to succeed in graduate school or your chosen career.