Objectives of the
BS in Economics
The
study of economics involves an analytical
look at how scarce resources are allocated
to various areas of production. It emphasizes
the importance of making choices between desirable
alternatives. The study of economics provides
tools to make these choices in such areas
as employment, economic growth, price stability,
and trade. The bachelor of science in economics
is especially suited for students who wish
to combine a major in economics with concentrated
study in other disciplines. The B.S. in economics
requires three more economics courses than
the economics specialization in the bachelor
of science in business administration (BSBA),
but the B.S. in economics permits students
to choose their own cognate field of study
(15 hours). Students can expand the number
of hours in the cognate field to achieve a
second major in such areas as sociology, political
science, history, mathematics, or psychology.
Students may also combine a major in economics
with business fields such as accounting, finance,
legal studies, marketing, or management. This
program provides students with a meaningful
educational experience that is suitable for
employment in a wide variety of occupations
in business or government, and for continued
study in graduate schools in economics, business,
law, and other fields.
Learning
Outcomes
Upon
completion of the bachelor of science in economics,
students are expected to demonstrate:
- a
command of basic characteristics of the
American and global economy by using this
knowledge to critically evaluate economic
outcomes;
- a
command of basic economic theory by using
this theory to make predictions and to analyze
alternative economic policy options;
- the
ability to communicate in both oral and
written forms by presenting arguments and
evidence clearly and concisely;
- the
ability to engage in and understand moral
reasoning with respect to economic issues
by recognizing the implicit value conflicts
present in all economic policy debates;
- the
ability to engage in problem solving using
basic economic theory;
- the
ability to engage in critical thinking as
a part of the analysis of economic problems.
