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The economics major at Parkside provides an opportunity to learn the principles and methods of economics and their application to real-world problems.
An unknown author once wrote: "Economics is the only field in which two people can get a Nobel Prize for saying exactly the opposite thing."
How can that be? Well, economics is the study of making choices. What resources does an individual, a company or a society use in light of social values and needs. Or in light of the scarcity of resources.
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.
Economics also provides a fundamental background for work in business, law, social science, and politics. Economics majors and minors develop skills to problem solve and analyze economic phenomena and make proficient economic decisions.
In addition to core principles and theory, the Economics Department teaches a wide range of advanced courses in various sub-fields of economics including industrial organization, international, public, and sports economics, and money and banking.
Learn more about the Economics Department at Parkside.