About this major
Economics is the study of how individuals, businesses, and governments allocate resources and make decisions. Students learn to analyze data, understand economic theories, and apply models to real-world situations to solve economic problems.
Student Reviews Summary
Curriculum snapshot
Microeconomics
Explores the behavior of individuals and firms in making decisions regarding the allocation of resources.
Macroeconomics
Examines the economy as a whole, focusing on issues such as inflation, unemployment, and policy impacts.
Econometrics
Introduces statistical methods and techniques for analyzing economic data and testing hypotheses.
International Economics
Studies trade theories, policies, and the effects of globalization on economies.
Public Finance
Analyzes government revenue and expenditure policies and their impact on the economy.
Development Economics
Focuses on economic aspects of the development process in low-income countries.
Career outcomes
- Economist
- Financial Analyst
- Policy Analyst
- Data Analyst
- Market Research Analyst
Pros
- Strong analytical skills development
- Versatile career paths
- High earning potential
Considerations
- Requires strong math skills
- Can be theoretical
- Competitive job market
Similar majors
Finance
Focuses on managing money, including investments, risk management, and capital markets.
Business Administration
Covers various aspects of running a business, including management, marketing, and operations.
Political Science
Studies governments, public policies, and political behavior, often intersecting with economic policy.
Statistics
Involves collecting, analyzing, and interpreting data, essential for economic research.
Public Policy
Examines the creation and impact of policies, often requiring economic analysis.