The allocation of scarce resources to meet unlimited wants
Department of Economics
Economics is the study of how society uses its resources - natural, human and man-made. Jobs, wages, the stock market, unemployment, inflation, income inequality, and other economic issues affect us all on a daily basis at the individual, community, national and global levels. By studying Economics at UAlbany you will be better able to understand these issues, to address economic problems and to contribute to their resolution.
We offer high quality programs that prepare students for positions in the private sector, governmental and non-governmental institutions, and academia. All of our academic programs have the STEM (Science, Technology, Engineering and Mathematics) designation.