The Department of Economics at Western Michigan University offers an undergraduate major in economics.
The economics major consists of a minimum of 30 hours of credit in the department. Students in the Haworth College of Business may make certain substitutions.
What do economists study?
Economists study fundamental problems arising from scarcity such as how to:
- Avoid excessive unemployment and inflation
- Manage resources efficiently
- Organize individual and social efforts to improve standards of living
Economists analyze policies in such specific areas as:
- Economic development
- Industrial organization
- International trade and finance
- Money and banking
- Public finance
- Resource economics
Economists apply rational decision-making procedures to complex questions requiring an ability to think analytically. This is, at least in part, what makes economics a prestigious major.
Economics is recognized as a demanding curriculum and is viewed that way by prospective employers. Majoring in economics as an undergraduate will help you to build a strong foundation for a variety of careers, including business, law, foreign service, journalism, public administration and teaching.
To be successful as an economist, you need to apply rational decision-making procedures to complex questions. To do well in this field requires an ability to think analytically. Economics is recognized as a demanding curriculum and is viewed that way by prospective employers. Majoring in economics as an undergraduate will help you build a strong foundation for a variety of careers including:
- Foreign service
- Public administration
Contact Dr. Michael Ryan, undergraduate advisor, for more information.