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Back to Economics (Minor)

Students demonstrate five basic kinds of understanding:

  • The ability to think abstractly
  • Awareness of the assumptions behind different paradigms
  • Knowledge of trade-offs faced by economic policymakers
  • How price signals lead to resource allocation in a market economy
  • The links between the fate of the US economy and global flows of goods and labor

In addition, students will demonstrate:

  • Basic economic literacy
  • The ability to apply tools of economic analysis to real world phenomena and increases
  • Proficiency with economic data and graphs
  • Awareness of links between economics and other disciplines
  • An ability to apply the tools of economic analysis to real world phenomena
  • An ability to think logically and critically about economic issues
  • Proficiency with economic models
  • Ability to conduct and present economic research