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.
