Economics

Economics

Economics is not just about forecasting GDP or monetary policy or understanding the stock market. What economics actually prepares students to do is much bigger than that.

Economics classes can help any student, no matter their major, understand how products, people, economic and social forces, and markets operate and influence one another. It can show you the "worth" or "value" for anything, from the latest tech gadget to a career goal, based on what you are giving up in resources, energy and time, and based on what others hold as the "value" for that same thing.

In short, economics provides insight into why people behave the way they do.

What does economics teach you?

How to deal with data – Econ majors learn how to understand and use statistics to drill down through numbers to find what is significant.

How to think conceptually – Instead of focusing on specifics, economics teaches students how to look at the bigger, system-wide picture and see the way things interact and form relationships.

How to recognize new and developing opportunities – Econ majors can explore data and relationships to see what changes are coming in business markets and where the next great opportunity might be appearing.