The department offers two majors in Economics: BABS in Quantitative Economics and a BA in Economics. Both majors carry STEM certification and include courses in mathematics, principles of economics, intermediate microeconomic theory, intermediate macroeconomic theory, and statistics. However, the BABS in Quantitative Economics follows a more mathematical approach to the study of economics and provides the background recommended for those contemplating graduate study in economics or the more quantitative areas of business and finance. 

Majors will learn to use fundamental economics concepts - such as scarcity, incentives, trade-offs, opportunity costs, comparative advantage, price system, efficient allocation of resources, market failures, government failures, and scope of fiscal, monetary, and regulatory policies. Through their course work, majors will apply economic theory to a range of economic issues across a variety of fields and economics sub-disciplines and will develop the ability to effectively communicate their analysis. In addition, select courses in the major show how the tools of multivariate calculus and linear algebra can be used to study economic issues and to derive results in economic theory and econometrics.


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