Economics

Overview

The Economics program of University of West Georgia provides strong analytical and communication skills as well as a broad coverage of all aspects of how businesses operate in the American and world economies.

Economics is the study of resource allocation, business enterprises, and nations. Though it is considered a social science, it forms the foundation for understanding most business disciplines. The B.B.A. in the Richards College of Business combines draws from the theory, analytics, and empirical methods to provide our majors an understanding of the economy and how it functions. The B.B.A. in Economics provides valuable preparation for careers in banking, marketing, insurance and government. It is an excellent major for those planning to attend law school or for those considering an M.B.A. program. The field also prepares students for work in public administration, international business, and financial analysis.

Objectives

• Communicate effectively

• Possess a basic knowledge of macroeconomics concepts including national income accounting, inflation, unemployment, and monetary and fiscal policy

• Possess a basic knowledge of microeconomics concepts such as supply and demand, consumer decision making, elasticity, costs, market structure, and labor markets

• Possess a basic knowlege of intermational economic concepts including trade and exchange rates

• Demonstrate an ability to generate and interpret descriptive statistics