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Economics explores how goods and services are produced, distributed, and exchanged. It examines topics like pricing mechanisms, employment levels of labor and resources, optimal allocation of scarce materials, and the impact of government policies on economic systems. The discipline also evaluates and contrasts various global economic models while investigating international financial relationships. The Department's curriculum focuses on three primary categories. Microeconomics, the first category, involves theoretical and practical analysis of how individual economic entities—like businesses and consumers—behave and interact within markets. Macroeconomics, the second area, studies major economic sectors including government, corporations, monetary systems, and global trade, along with issues like joblessness, price inflation, and economic expansion. The third field, econometrics, applies statistical methods to measure, verify, and forecast economic behaviors and relationships.
Economics graduates can advance to master's or doctoral programs in Economics or pursue an MBA. The degree also provides strong preparation for graduate studies in law, human resources, public administration, and healthcare economics. Most Economics alumni pursuing further education typically enter law school or MBA programs, while a minority continue with economics graduate studies. Over half of graduates immediately join the workforce, often securing initial roles in financial services, marketing, sales, or business analytics. Since many MBA programs prefer candidates with professional experience, numerous students first gain employment before returning to academia for advanced degrees.