Department of Economics

Introduction

Economics deals with problems of social and individual choice in situations of uncertainty. The field of economics has a coherent body of theory for analyzing current business, economic and societal problems. It is concerned with production, distribution, and consumption of goods and services as well as allocation of resources that produce these goods and services. The study of economics can provide many benefits including an understanding of economic reality through the use of the economist's analytical tools. The study of economics also prepares voters to consider policy questions confronting governments. Economists study social, business, and individual decision-making habits, as well as the goals, incentives, and constraints affecting those decisions. What they discover—and what they decide—can quite literally change the world.

Major in Economics

Economics major provides students with the basic theoretical understanding and statistical tools necessary to understand  individual and societal role in economic decision making. Our students will have the opportunity to work with faculty to conduct research, collect and analyze data, monitor business  and economic trends, and develop forecasts.  In order to help our majors develop these necessary skills, IU South Bend Economics curriculum combines modern social science and business education with quantitative approaches.

Careers

Career possibilities exist in business or government related to the fields of applied economics, economic development, regulation policy analysis,  and forecasting.

Specific possibilities include: market analysis, economic consulting, forecasting market demand, analyzing legislative and regulatory systems, developing corporate tactical and strategic responses to economic conditions, and analyzing international economic conditions.

Degree Programs

For information about the Economics program, please contact:

Dr. Douglas Agbetsiafa

Professor and Chair of Economics

School of Business and Economics

Administration Building AI204G

(574) 520-4208 or dagbetsi@iusb.edu

Or Office of Undergraduate Programs: 574-520-4450