Chair: John Miko
The Economics program educates students to participate in the decision-making process of allocating scarce resources and prepares them to function as informed and responsible citizens in a free market economy. Specifically, the program is designed for students who seek careers in the financial services industry, such as investment and commercial banking, the federal government, consulting and/or wish to pursue graduate study in economics or business. In the macroeconomic dimension, students learn the basic forces underlying the economic organization of society, the theory of national income, aggregate supply and demand, unemployment, inflation, taxation, money and banking, and governmental fiscal policy. In the microeconomic realm, students learn the theory of price under various market conditions, economic functions of government, the theory of the firm, and elements of international economics. As a requirement for graduation students are expected to complete an independent research project.
Ph.D. programs in Economics require students to possess a strong background in mathematics. The Ph.D. Preparatory Track Concentration is specifically designed to prepare economics students for advanced study at the Ph.D. level. Students earn a minor in mathematics with this concentration.
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