More Information on Economics

Student Learning Objectives Economics

Bachelor of Arts & Bachelor of Science

  • Understand the economic issues and problems faced by individuals, organizations and society, the economic principles that help explain behavior and the range of institutions that affect the allocation of resources.
  • Be able to apply methods of economic analysis (such as supply and demand, equilibrium, constrained optimization and dynamic analysis) to behavior and social phenomena.
  • Have the ability to employ statistical and econometric methods and software in the analysis of economic data and models.
  • Be prepared for advanced study or employment.

Master of Arts 

  • Develop in-depth competency in the core areas of microeconomic theory, macroeconomic theory, and applied econometrics.
  • Develop additional competency through elective coursework in one field of specialization (popular concentration fields include forecasting, finance, international economics, health economics, and public economics).
  • Be able to use economic analysis to solve problems and answer questions that arise in the private and public sectors
  • Be able to use common software programs for performing econometric analyses of data.
  • Be able to communicate economic reasoning, econometric methods and evidence in a professional setting.
  • Prepare to pursue a doctorate in economics (for those students using the MA program as a stepping stone to PhD study).

Ph.D.

  • Understand the fundamental principles and models of modern economics in depth, and be able to apply them to economic and social issues.
  • Be able to use mathematical models to analyze behavior.
  • Be able to apply advanced, modern econometric methods to the analysis of data.
  • Have a deep mastery of the subject area in two fields of concentration.
  • Be able to conduct scholarly research.
  • Be able to describe and critique economic research to both technical and non-technical audiences.
  • Be able to explain economic principles, models and methods to others.
  • Be prepared for employment in academic and/or non-academic institutions.