Economics
Offered at IU Indianapolis by School of Liberal Arts.
About
Economics is a social science that studies human behavior involving material needs and desires. In its modern form, economics uses formal logical/mathematical models to analyze, explain, and predict the behavior of economic agents (households, firms, government agencies) as they interact with each other and with institutions such as markets, clubs, and religions. The models are modified and improved on the basis of the results of statistical analyses of economic data. The economics major has the option of pursuing a general track or a quantitative track. The general track provides a firm grounding in economic theory and exposure to problems and techniques the student is likely to encounter in a business, nonprofit, or government agency environment.