Economics is the structured study of how people make decisions when faced with scarce resources. When aggregated, these individual decisions constitute markets - the key analytical construct in economics. In practice, economics combines analytical and mathematical models with statistical analysis to understand the functioning of markets, to explain market outcomes, and to prescribe mechanisms such as public policy to improve these outcomes.
The economics concentration at the Honors College combines solid theoretical training with necessary analytical tools. The concentration culminates with the Honors Thesis, which allows students to apply their training to a well-defined topic of their choice. Upon completion of the economics concentration at the Honors College, students will be prepared to pursue careers in a variety of fields or to enter graduate school in Economics or related disciplines such as International Studies, Public Policy, Law, and Business. Students interested in an MBA or courses in business may explore the MBA Pathway andBusiness minor options.
Dr. Keith Jakee Dr. Kanybek Nur-tegin