Department of Economics
Economics is the science of decision making. Students of economics learn to identify and analyze the costs and benefits of financial and social decisions. Skills in cost-benefit analysis, the core of economists' training, are widely applicable and highly valued in current job markets.
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“The theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking, which helps it possessors to draw correct conclusions.”
John Maynard Keynes
“Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing.”