Economics is the study of rational choice among competing uses of scarce resources in light of social values and needs. One of the principal reasons to study economics is that it develops a method of thinking and analysis that can be directly applied in many different fields. Graduates with bachelor degrees in economics are employed in a wide variety of jobs in both the public and private sectors of the economy. The undergraduate economics program provides an opportunity to learn the principles and methods of economics and their application to real world problems. The economics program also provides an excellent background for graduate work in business, law, or the social sciences.

What skills will I develop?

• Principles of Microeconomics: thorough knowledge of consumer behavior, market demand, competitive product markets, and contemporary economic policy issues.
• Principles of Macroeconomics: thorough knowledge of national income, unemployment, inflation, economic growth, and the monetary system.
• Business Statistics
• Understanding of micro theory: contemporary theory of production, pricing, consumption, and income distribution.
• Understanding of macro theory: theory of national income distribution, income and employment theory, analysis of saving, investment and consumption.