Economics is the study of how individuals, businesses, and governments allocate resources to satisfy their objectives. The study of economics helps students understand markets, firms, financial organizations, and public debate about economic policy, including taxation, government expenditure, trade, globalization, health, and welfare. The concentration in Economics prepares students for graduate study in fields such as business and law, for graduate study leading to teaching and research in economics, and can be a steppingstone to employment in business, finance, non-profit, and government organizations. Students may choose either the standard or the professional track.
Students in this concentration will:
- Learn principles of decision-making by individuals, households, and firms
- Analyze economic activity on a national and global scale, including aspects ofemployment, production of goods and services, and pricing
- Gain familiarity with one or more economic subfields
- Acquire advanced skills in quantitative thinking
- Develop facility in applying statistical methods to economic data
Honors and CapstonesView Honors website
Students may be eligible for honors if they maintain 3.7 GPA for Economics courses and a 3.5 GPA overall, and either write an honors thesis in senior year following the procedures specified by the concentration, OR complete an alternative senior capstone project and obtain the approval of a faculty sponsor. Interested students should contact the Honors and Awards Advisor (Prof. Sriniketh Nagavarapu) in the junior year and meet the requirements listed in the Economics department's website.
This concentration allows you to address the following Liberal Learning goals:
- Engage with your community
- Experience scientific inquiry
Alumni who pursued the Economics concentration have gone to work as financial advisors and attorneys and are chief executive officers and chief operating officers in a variety of industries. Others have pursued careers in public health, landscape architecture, and the U.S. House of Representatives.
Dept. Undergraduate Group
Visit this DUG's website to learn more.
- Zhongkai Zhao