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.
