Overview
How do markets distribute goods and services produced? Is a free four-year college education the answer to growing economic inequality? How does poverty shape individual options? Can we balance environmental sustainability with economic growth? What policies can address the water crisis around the world? Which tax works best to alleviate the housing shortage in California? What caused the largest financial recession in the postwar era in 2008? Could the government have done something to prevent it? What role does a Central Bank such as the Federal Reserve in the United States play in an economy? Why does Germany have a higher percentage of working age people than the United States while facing similar globalization and technology trends? Why has the trade deficit been so high in the United States while China has experienced a trade surplus? These are but a sample of questions we ask in the realm of economics.
Economics provides a way of thinking about the forces that shape our daily lives. Our curriculum emphasizes economic theory, statistical analysis and the role of public policy in addressing economic and social problems. Students may specialize in development economics, environmental economics, financial economics, international economics, or public economics. Our courses prepare students for pursuing a wide array of career paths in business, international development, education, public policy, and environment.