Economics Education

Detailed profiles of schools for Economics from the EdRef college search portal.

Economics programs help students understand financial interactions in society, including those between individuals, businesses, and organizations. The decisions made by these groups as to how much money to spend, invest, and save have far-reaching consequences, and economics seeks to better understand these forces. Students of economics study how societies choose to distribute their resources. They learn about the production, distribution, and consumption of resources. They learn about the acquisition of wealth. They examine fundamental problems of scarcity. They attempt to understand the role of government in relation to the economy.

Students of economics learn to build and test models that help them to better frame economic issues and make decisions based upon the results of those models. They may choose to specialize in areas such as microeconomics, econometrics, international trade and development, macroeconomics, and monetary economics. Economics can provide a valuable perspective in broader issues that both businesses and governments face every day.