The Department of Economics offers a comprehensive curriculum integrating economic theory with applied topics, including education and health economics, econometrics and statistical analysis, international trade and finance, urban and regional economics, information and Internet economics, and industrial organization and regulation. Among the topics discussed are the interaction of consumers and producers, behavioral economics, market equilibrium, investment and savings, employment and unemployment, monetary policy and the role of the FED, economic development and emerging markets, and government taxation and spending.
Economics is the study of scarcity and its implications for the optimal use of resources, production of goods and services, advances in technology and welfare over time and a myriad of other issues of vital concern to individuals and society. The central challenge of economics is to determine the most effective use of resources to improve individual and social welfare.
Last updated: July 16, 2018 01:53 pm EDT