Economists serve as valuable consultants to government and business policy makers on global and local issues. Courses in management, marketing, accounting, finance, statistics and business law help students gain an understanding of current economic issues and problem-solving approaches.
Case studies, such as the impact of inflation rates on the world monetary system or unique problems faced by small business entrepreneurs, offer students opportunities to see direct examples of economic concerns. With courses in international studies, political science and history, students can incorporate different perspectives to apply their knowledge.
Students will explore topics such as:
- Price setting in competitive markets
- How consumers make rational decisions
- How businesses can efficiently produce goods
- Government regulation, mergers, and business policies
- Reasons for wage differences across various occupations
- Current economic issues such as the environment and health care
- What influences economic growth, unemployment and inflation
- What causes economic prosperity and recession
- The role of banking, money supply and interest rates
- Taxes, government spending, deficit and surpluses
- Increasing importance of international trade
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