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Curriculum Overview: Economics

Studying In the Field
From the earliest classical economic schools of thought such as those of Smith, Ricardo and Marx, economics has been concerned with the allocation of resources among alternative uses to satisfy our wants. Economics is an integral element in national and global decision-making from healthcare management to environmental issues. The foundation of economics is specifically categorized under two major subheadings: Microeconomics (focuses on specific or localized aspects of the economy), and Macroeconomics (focuses on general features and processes of a national economy). Information Technology increasingly places a demand for skilled statistical analysis where economics lends itself through its economic modeling and reasoning features. The mastery of econometrics (combination of statistical application methods with economic theory) is projected to become a burgeoning marketable skill throughout the 21st century.

Graduate level Economics degrees are acquired through an M.A., M.S. or Ph.D. Nine traditional fields of economics include: comparative economic systems, econometrics, economic development, environmental and natural resource economics, economic thought, international trade and finance, labor, monetary theory and financial institutions, and public finance. For those interested in environmental issues there are currently Master's degree options in Resource and Applied Economics. Issues covered within these programs may include: global warming, oil and natural gas extraction, and issues relating to renewable and non-renewable resources. For those interested in policy analysis and policy making, business economics fosters both analytical and general business acumen. Depending on your area of interest, research multiple programs to determine which program will fit your needs.

Job Opportunities In the Field
A diverse assortment of careers awaits the Economics graduate. Numerous positions are available in both the public and private sectors: research and administrative positions with government agencies and international organizations, teaching, law, banks and financial institutions, as well as non-profit organizations. Visit the sites of our sponsoring programs for more specific information and to learn about particular programs and areas of focus.

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