Economics Major

Economics is a social science concerned with the analysis of scarcity. Economists examine how personal and business decisions are made in a world of uncertainty and incomplete information. The use of prices in evaluating tradeoffs in production and consumption of goods and services is central to firms and individuals as decision-makers.

The role of the government in economy-wide stabilization and growth, as well as its role in regulating markets, is addressed. Economists also examine the suitability of government policy and private decision-making by assessing their benefits and costs, both private and social.

• positions in banks and other financial institutions including the Federal Reserve System
• industrial and service-based corporations
• international organizations including the World Bank and International Monetary Fund
• federal, state and local governmental agencies
• A degree in economics also serves as a foundation for a variety of advanced careers in business, law, government, higher education, social work, urban planning, and natural resource management