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Do longer prison sentences lower crime rates? Does socialized medicine improve health outcomes? Do lower taxes pay for themselves? Economics affords the intellectual architecture needed to systematically address these types of questions. The economics discipline provides a rigorous framework for modeling how individuals and institutions make decisions, how these decisions shape our society, and how laws and policies can be designed to improve outcomes. This framework is implemented through advanced quantitative analysis, including statistical methods and data science, and can be used, quite simply, to change the world.

The Department of Economics offers a minor for students pursuing other majors. Undergraduate courses in Economics provide broad knowledge of the field as a part of the program of liberal arts education offered by the College of Arts and Sciences. They also lay a solid foundation in economics for students interested in professional graduate training in Economics or in careers in business, law, government, or journalism.