Economics Bachelor's Degree Overview
Have you noticed that in today's world there is not enough of everything to go around? Economics is the social science that tries to understand how we use our scarce resources to provide us with the goods and services we need and want. It looks at the production, distribution and consumption of goods and services. Students learn the basics of economics and the legal and philosophical implications of buying, selling, borrowing, lending, producing, consuming and more.
Our program consists of a set of core courses in economic theory and statistics, plus electives of the student's choice. Both macroeconomics (the study of a national economy) and microeconomics (the study of individual markets) comprise a body of consistent theory. The specific contents of our macroeconomic and microeconomic courses are prescribed by professional standards and are consistent with such courses offered at other colleges and universities across this country. Field courses, such as labor or monetary economics, illustrate applications of theories taught in our macroeconomic and microeconomic courses.
The major then learns statistical techniques to test these applications. The ability to analyze economic data in consistent, precise and understandable terms gives our majors an ideal background for many kinds of business, government, legal and academic careers.
Beyond the required courses, the choice of courses is intentionally wide and numerous programs are possible. Each program is tailored to individual student needs and career objectives.
Economics Bachelor's Degree Highlights
The Department of Economics distinguises itself with is strong commitment to our students. This commitment takes two forms. First, we demand excellence in teaching by all of our faculty. The university has recognized the teaching excellence of the department by conferring on our faculty such awards as The University of Toledo's Outstanding Teaching Award and Master Teacher Award.
Second, our department provides research opportunities to undergraduate students which are unheard of at most universities. Our faculty have a long and distinguished record of working with students on research projects, real research -- not just term papers. It is fairly common to have our students apply for and receive funding for their research projects. (Imagine getting paid to research a topic.) Our department currently has available several Shapiro Scholarships for summer research grants. Further, we have had many of our students present their research results at conferences and have seen the research activity of our students play a critical role in their acceptance into leading graduate programs or in landing prestigious jobs in industry. ?
Economics majors develop quantitative analytical skills that are useful for positions in local, state or federal civil service agencies, business organizations, hospitals, banks, brokerage firms and other private and public agencies. Other graduates go on to graduate school in economics, law or business.
Economics Bachelor's Degree Curriculum