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Economics examines consumer choices, revealing the pricing strategies behind your preferred footwear and how supply-demand dynamics influence costs. Experts in this field analyze how societies allocate assets like land, workforce, raw materials, and equipment to create products and solutions. Their work involves conducting studies, gathering and interpreting information, tracking economic patterns, and making projections. Economic research covers diverse topics such as energy pricing, currency valuation, market fluctuations, taxation policies, and job market conditions. 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 government organizations, or entering academia as professors or policy analysts.
The Economics Department aims to ignite students' intellectual curiosity through economic studies. This program caters to 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 business students at Collins College must complete foundational economics coursework, irrespective of their concentration. Economics majors have the opportunity to combine their studies with finance, mathematics, political science, sociology, or engineering disciplines.