Economics is a study of choices – it studies how individuals, companies and governments faced with certain constraints and incentives make choices to achieve their goals and how others are impacted by these choices.
WHY STUDY ECONOMICS?
Economics is distinguished not so much by the questions it asks, but by the methods it uses in answering them – the so called "economic way of thinking." Economics students at Manchester don’t learn a set of facts, but rather transferrable skills – analytical skills, critical thinking and communication techniques – that are valuable in a wide variety of careers such as business, finance, politics, law and more, as well as for problem-solving in everyday life situations.
Manchester Econ students experience hands-on learning and research not often found at other institutions. In addition to opportunities to present research at professional conferences, they publish the Wabash County Economic Report, a three-year internship using research and applied economics that includes rich experiences on and off campus. Projects such as these give you a head start using actual data to come up with effective solutions – the kinds of things employers value most.
An innovative curriculum employs game theory, philosophy, and behavioral economics, further expanding your understanding of economics as to how it connects to so many real-world situations.
If you’re not interested in majoring in Economics, consider a minor in this field. It takes 20 hours to add this valuable coursework to most majors, and only 10 for Accounting and Business majors.