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Economics examines consumer decision-making, revealing the pricing strategies behind your preferred footwear and how supply-demand dynamics influence costs. Experts in this field investigate how societies allocate assets like land, workforce, raw materials, and equipment to generate products and offerings. Their work involves conducting studies, gathering and interpreting information, tracking economic patterns, and creating projections. Economic researchers explore diverse topics such as energy pricing, currency valuation, market fluctuations, fiscal policies, and workforce statistics. Studying economics sharpens students' quantitative skills and critical thinking. Many economics graduates advance to MBA programs, securing roles as corporate advisors across nonprofit, commercial, or governmental organizations, or entering academia as professors or policy economists.
The Economics Department aims to ignite students' intellectual curiosity through economic studies. This curriculum supports learners from Kendall College of Arts and Sciences, Collins College of Business, and the College of Engineering and Natural Sciences. Degree options include B.S., B.A., or B.S.B.A. (Bachelor of Science in Business Administration) with an economics specialization. All Collins College of Business students must complete Principles of Economics courses, irrespective of their primary focus. Economics students have the option to combine their studies with finance, mathematics, political science, sociology, or engineering disciplines.