Economics examines how societies cope with the pervasive problem of relative scarcity. Relative scarcity arises because an individual's wants are unlimited whereas the resources required to satisfy those wants are not. The study of mediating scarcity is well suited for the student interested in the liberal arts and sciences tradition.
The curriculum in Economics is designed to empower students with a self-sustaining capacity to think and learn. Students should know how to pose questions, collect information, identify and use an appropriate framework to analyze that information and come to a conclusion.
An overall cumulative GPA of 2.25, a 2.25 GPA in major requirements, and a "C" or better in each major requirement is required to graduate with a degree in Economics.