- Degree Programs
Economics is often considered a social science. Therefore, sometimes it is not offered in a business school. It depends on the program and how business-oriented it is structured. Degree programs in economics include a higher percentage of classes in mathematics and statistics. Students should have strong math skills and be able to work with data.
Common Economics Classes
Understanding entire markets as a whole, such as growth rates, effects of regulation, national production and income levels, and monetary inflation.
Analyzing individual sectors or portions of whole markets, such as competitive forces, equilibrium, cost of production, efficiency, and more.
Studying the statistical and mathematical calculations that enable economists to make predictions and decisions.
Exploring economic systems, such as governments (e.g., capitalistic versus socialistic), entities, and the relationships that drive market and societal communities.
Examining the models and equations that enable the analysis of markets and societies.