Department of Economics
Located in Stetson Hall, Second Floor
Economics is the social science that focuses on the fundamental problem of scarcity. Resources, which are used to produce goods and services, are scarce. However, humans desire to possess and consume a level of goods and services beyond the level that can be produced by these scarce resources. Hence, choices must be made. The economic way of thinking addresses this decision-making process.
How are we to get the most out of a scarce set of resources? An economist would be helpful in finding an answer to this question.
Because the problem of scarcity has always been with us, the study of economics has always been with us as well. Philosophers that have pondered questions economic in nature include Plato, Aristotle, Saint Thomas Aquinas, John Locke, David Hume, Karl Marx and Adam Smith. Economics is a very rich liberal arts discipline that has evolved for centuries and remains pertinent in today’s world.
Bachelor of arts degree in economics provides a framework for examining the world in which we live and work. A major requires 27 semester hours.
Minor
A minor in economics is available, except for students pursuing MAPS degrees in Stetson School of Business and Economics. The minor consists of ECN 150 and 151, MAT 226 or 320 and three elective courses.
Concentration
A concentration in economics is available through the International Affairs program.
Many study abroad programs are available through SSBE that emphasize issues related to international economics through travel and direct experience.
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Students may become eligible for membership in Omicron Delta Epsilon, an international honor society in economics.
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Students are encouraged to participate in the Middle Georgia Economic Seminar Series, where economists from regional colleges present the results of research.