Bachelor of Arts - Economics

In Economics, students learn how a market economy functions. Economics explains a great deal about business decisions and consumer behavior. Economics majors will learn why economies grow and the causes of business cycles. Also, understanding economics is useful for students interested in politics and public policy. Students will learn how taxes, subsidies and government regulation of business activity affect consumer welfare, job creation and prosperity.

The analytical framework of economics promotes critical-thinking skills valued by employers. Students are exposed to concepts that help them understand consumer behavior and business decisions. Students learn how individual industries function, and they gain an understanding of how the market economy functions as a whole. The field of economics emphasizes that the behavior of individual decision makers (consumers, firms, government agencies) adjusts in response to changes in their incentives. With this framework, students learn to evaluate how changes in technology, government regulation and market circumstances will impact their own lives, the industries and organizations of which they are a part, and society. The Economics program demands strong quantitative and communication skills.