Economics is the study of how scarce resources are mobilized to meet the economic goals of individuals, businesses, organizations, governments and societies. The study of Economics is typically divided into two parts: macroeconomics (or aggregate economic analysis) studies economics from a broad-based perspective, including problems and issues such as unemployment, inflation and economic growth; microeconomics studies economics in terms of individual components, including problems and issues such as product pricing, competition, regulation and international trade. Students of Economics can expect to become familiar with key economic concepts and laws which give them an analytical perspective that is unique to this discipline, but is of great importance to individuals and to society.

All programs in Economics include the necessary undergraduate economics courses for students who intend to pursue graduate level study. In addition, the major in Business Economics and the major in Economics offer a quantitative track which is recommended for students preparing for graduate study in Economics or Actuarial Science.