About
Economics analyzes the manner in which scarce resources are utilized
to satisfy the wants and needs of people and society. The Department of Economics offers courses that formulate, interpret, and explore ideas
concerning such topics as unemployment, inflation, production and
distribution, economics growth, and international economics relations.
Courses emphasize the need for accurate knowledge of business
institutions and economics phenomena, for theories capable of
explaining these phenomena, for estimating relationships among economic
variables, and for testing explanations. This analysis then forms the
foundation for policy applications and recommendations on a wide range
of issues.
Students learn to analyze economic data to identify and address
problems that arise in a changing national and global economy, while
studying the broader historical and social context in which economic
relationships occur and economic policies are applied. In addition to
economic theory and quantitative methods, courses cover a range of
topics such as international trade, urban economics, economic history,
the role of the government in the economy, money and banking, economic
development, labor markets, poverty, environmental economics, and
gender.