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Historically, economists have tracked and studied global and national macroeconomic trends, such as recessions and currency exchange rates, to either help a business better position itself for long run success, or to help large financial institutions and government agencies intervene appropriately during challenges and crises.

In the data age, as the pace of both business and behavioral change quicken, economists focus on smaller trends across shorter time frames. Questions of an economic nature include:

• Do supply chain efficiencies improve a hybrid carmaker’s profit?
• Will changes in insurance rules and procedures impact healthcare labor markets?
• Are default rates lower for consumers who secure a mortgage through an online app?
• What causes someone to begin to book online travel, then procrastinate?

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As an economist, you might work in teams using data to innovate across a range of settings, including:

• law firms.
• government agencies.
• banks, national and regional.
• non-profit organizations.

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Economics draws on important liberal arts frameworks, including history, philosophy, and mathematics, to address questions in diverse topics within business. Example economic topics of inquiry include:

• tax rates and impacts.
• marriage and child-rearing.
• criminal behavior.
• social justice and discrimination.
• sustainability and ethics.

The new “ordinary” business life is more global and extraordinary, you will need a broad understanding and specific skills to keep pace. The Boler Bachelor of Science in Economics combines the best of the liberal arts tradition with exposure to specific business skills. Your core courses will emphasize an ability to think critically, communicate orally, write, and solve problems as well as perform quantitative analysis.

The Bachelor of Science in Economics curriculum will challenge you to understand more detailed topics:

• microeconomic and macroeconomic theory
• market failure
• domestic and global economic diversity
• economic dimensions of individual, firm, and social problems

Your knowledge and experience will underpin an ability to use an economic way of thinking to identify solutions to problems that are unfamiliar. That’s why a major in economics provides a comprehensive background ��valuable in many academic and professional fields. Law and business graduate programs see economics as strong preparation because of its logical, ordered approach to problem solving.