Economics

Economics provides a coherent method of analyzing the distribution and growth of scarce human and material resources. Economic principles, when applied, can lead to outcomes which benefit all of society. Using resources, human and otherwise, in more intelligent ways increases the likelihood of alleviating poverty, mitigating environmental degradation, and providing for future generations.In studying economics in our department, faculty members work together with students to develop a common theoretical core and then apply these principles to a wide variety of topics. In evaluating alternative policies to achieve various objectives, we cast a critical eye at the objectives and the assumptions of the models. When possible, we put theoretical models to empirical scrutiny.

Field of study: Economics, General