What Is Economics?

What is Economics About?

The field of economics examines how society uses resources. Critical questions include the following:​​​​​​​

• How do economic incentives influence human behavior?
• How can we design policies that reduce air and water pollution?
• What causes economic growth, a recession or inflation?

Why Study Economics?

Economics is among the highest-paying majors nationwide. According to the Federal Reserve Bank of New York, median early-career earnings for those with an economics degree is $70,000. Through ECU’s economics program, you can develop skills employers seek.

Degrees and Concentrations

Students in ECU’s Bachelor of Science program in economics can choose from the following concentrations:

• Applied: Combine ECON with a related minor (e.g., business).
• Policy Analysis: Mix ECON with social sciences, health or planning.
• Economic Data Analytics: Learn statistics and programming skills.
• Quantitative: Develop strong mathematical skills.

Student Experience

“Studying economics at ECU has been very rewarding. I have formed close relationships with many of my professors. They care about you not only as an economics student but about your success outside the classroom. The major is set up for students to thrive.”

– Ford Amerson ECU Economics Major

Career Pathways

Financial Services

• Banking
• Life Insurance
• Investments
• Auditing

Management

• Sales
• Procurement
• Human Resources
• Property and Projects

Health Care Industry and Systems

• Pharmaceuticals
• Health Insurance
• University Health Systems

Business Strategy and Analytics

• Marketing
• Risk Management
• Consulting
• Regulatory Reporting

Federal Government

• Commerce
• Defense
• Labor
• Census