Dec 07, 2023  
2021-2022 Undergraduate Catalog 
2021-2022 Undergraduate Catalog [ARCHIVED CATALOG]

7120 Department of Economics (CoB)

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5th floor, AYSPS Building

Shiferaw Gurmu, Chair
Sally Wallace, Dean
Shelby Frost, Director of Undergraduate Studies

Undergraduate Program Advisors:
Shelby Frost (for students with last names A-I)
Grace O (for students with last names J - Q)
Glen Ross (for students with last names R - Z)

The Department of Economics is part of the Andrew Young School of Policy Studies. For economics faculty listing, see the Department of Economics heading in the “2000 Andrew Young School of Policy Studies ” chapter of this catalog.

Economics examines the material prosperity of countries and their citizens in an interdependent world of limited resources and technological change. In doing so, it studies how decisions are made by private businesses, governments, and households in producing, consuming, and distributing goods. In general, economics is concerned with how society can obtain the greatest output from its limited resources. Economics is also concerned with monetary arrangements and their impact upon purchasing power and economic performance.

Economic principles yield basic insights into the workings of the market system and the national and international environment within which business operates. These principles provide analysis that is fundamental to understanding the organization and decisions of the government, business, and financial sectors. Economics also develops criteria for assessing the performance of the market systems and of governments regarding their efficiency and their impact upon the well-being of consumers and workers.

Recent graduates with majors in economics have accepted positions as financial analysts for a real-estate financing firm and a major bank and as general manager for a recording studio, as well as having been accepted to prominent graduate programs in law and economics.

Program Admission

There are no admission requirements specific to the Economics program. However, Economics students are required to meet all University and College admission requirements.

Program Financial Information

There are no special fees associated with majoring in Economics. However, Economics majors must pay all tuition and fees charged by the University and the College.

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