Learning Outcomes

After finishing the Economics major, students should be able to:

  1. Explain how incentives determine choices and shape human behavior and outcomes in real‐world situations.
  2. Describe the concepts and models that underlie microeconomics and macroeconomics.
  3. Discuss the structure, development, and impact of economic institutions.
  4. Evaluate ethical concerns about economic analyses and policy, such as efficiency, fairness, equity, and individual freedom.
  5. Perform causal inference using data and statistical analysis, in particular econometrics, to analyze and understand real‐world problems.
  6. Apply mathematical skills, including calculus, to understand economic problems.
  7. Design, solve, and interpret models that describe, explain, and address economic problems.
  8. Communicate economic ideas, theories, and evidence effectively in oral and written form.