When do new companies start up? What is a healthy economy? Why is unemployment so high? What determines interest rates, inflation, or stock prices?
Economics answers questions like these, but economics is far broader than you might have guessed. Sure, we study inequality and exchange rates, but we also offer courses on when and why people decide to get married and underground economies. Have you ever wondered if athletes are overpaid? We offer a course on the Economics of Sports too!
Bottom line: economics is a social science that strives to understand how goods and services are produced, distributed, and consumed, both by individuals and companies. By understanding these things, you can make well-informed decisions.
Economists develop theories to explain how components of the economy operate and interact with one another. They then gather data to understand the relationships among the various aspects of the economy. Based on these findings, economists predict how people and companies will respond to policy changes and external forces. These predictions, in turn, help guide private and public decision-makers to form appropriate policies.
One of the best things about economics is the high job demand in the private sector and government. Economics is great preparation for working in business, law, or non-profit, for graduate school, or becoming an economist yourself! If you’re still deciding, economics offers flexibility that can help you keep your options open.
Explore our website to learn how economics could be the right fit for you!
Islamic Banking and Finance with Travel to Malaysia
The Economics of Immigration with Travel to Mexico
Financial Aid and Scholarships
Undergraduate Economics Journal
Undergraduate Economics Society