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How to get graph paper on onenote order cg research capstone for money how to order thesis on literature plz welcome to this infer me about the economics major as a faculty member and director of a studies I am delighted to welcome new economics majors as an economist and teacher I am passionate about the contributions that an economics major can make to your lives the economics major develops knowledge about the world that will give you insights help you make decisions in your lives careers and voting and provide a basis for learning long after you have graduated the economics major also develops analytical and quantitative skills that are marketable that prepare you for a variety of graduate programs and that allow you to evaluate information where accurately and to frame useful questions about the world the structure of the economics major is one important way the economics department accomplishes the objectives of developing knowledge and skills I'd like to describe this structure and how it benefits you after completing introduction to micro an introduction to macro in a year of calculus you begin your upper division major requirements economic statistics comes first this course has multiple objectives economic statistics teaches you descriptive statistics probability and probability models and methods of statistical inference in addition it develops your problem-solving skills and your ability to think and reason abstractly economic statistics relies on calculus 1 & 2 in various ways from economic statistics you move on to micro theory and introduction to econometrics now in micro theory you learn fundamental tools for analyzing individual choices decisions by firms and how markets behave you'll need probability theory from economic statistics in order to learn about decision making under uncertainty you'll also need constrained optimization from calculus individuals and firms take actions to achieve their objectives but the set of possible actions is constrained by information and resources micro theory is the foundation for most of the other courses that the Economics Department offers it also is foundational for finance accounting and other business fields in addition micro theory is marketable the analytical tools of micro theory are used in consulting and industry they're used in the nonprofit sector including by nongovernmental organizations they're also used in law and by the government for policy analysis now in econometrics which you can take concurrently with micro Theory you learn how to conduct regression analysis and how to use other statistical models and statistical tests regression is the most widely used methodology for detecting and quantifying relationships among economic values variables the content of economic statistics is a foundation for econometrics and econometrics is truly a sequel to economic statistics now both economics econometrics and statistics are highly marketable in this age of big data and cheap computing businesses in all sectors want people with econometrics skills to detect trends in demand and costs and to estimate future prices even if you are not actually conducting econometrics analysis if you work in business government or the nonprofit sector you will be using the results of econometrics an ALICE is done by others concerning trends that are important to your organization now the fourth core course of the economics major is macro Theory macro Theory requires a micro theory in macro theory you investigate how saving and investment and technology and productivity determine the long-run growth of the economy you also consider various explanations for business cycles recessions and booms and the roles of monetary policy and fiscal policy inflation and interest rates are related to these now macro Theory builds on micro theory for example it uses production functions to study an investment and it uses the theory of consumption and saving to understand how the economy responds to shocks and to policy changes no matter what occupation you pursue macro theory is going to be very useful understanding interest rates inflation and business cycles will help you borrow and save wisely understanding trend growth will help you take a long view when it comes to occupational and location decisions businesses of course also make these types of decisions now there are a few electives of the economics major that do not require most micro theory but most electives do so coming out of intro to micro and intro to macro there are actually a few electives that you can take that do not require economics for 20k but most of the electives that we offer do require 420k some of our electives also require macro theory some of our are var electives also do require 320 L now we offer a very wide range of electives and therefore depending on your interests you may want to complete the four core courses and then go on to take your electives if you like you can consider a cluster of complementary electives so here are some examples of clusters of electives I'm not going to go through and read all these clusters the advisors can talk to you about these clusters but they these are all courses that have important interactions or synergies that reinforce knowledge and skills in in very very useful ways now economics majors get jobs that are well-paying and interesting most economics majors don't end up working as economists for those jobs a graduate degree in economics typically as needed but economics majors use their economics in many different jobs in business nonprofits of various kinds and government and the economics major has calibrated the level of the major for this purpose it's been calibrated so that graduates are competitive in the job market and are well prepared for graduate school for example for business school law school and MA and International Relations Masters of Science in data analytics etc the economics major is structured to be most effective in doing this it is structured to be most effective in developing the knowledge and analytical and quantitative skills that graduates need in the job market and in a variety of graduate programs now economics the economics major is going to build these skills through its structure so for example economic statistics builds problem-solving skills and gives you a rigorous foundation for micro theory and econometrics economic statistics relies importantly on calculus in doing this micro Theory can teach more and better marketable skills because it relies on economic statistics and calculus micro Theory also can provide a more solid foundation for economics electives econometrics also relies on economic statistics a first semester in economics statistics allows the entire semester in econometrics to be devoted to regression and related models so together economics majors get a year of quantitative methods which gives you a very strong background the breadth and depth of topics that can be taught in upper division electives is greatly increased by requiring micro theory that's why most of the economics departments electives require it and as we mentioned before the economics department offers an array of electives that develop students expertise and skills and if you like you can choose a cluster of electives to form a self-defined concentration within the economics major as you progress through the major you have to attain a minimum grade of c-minus in each course with a C in economic statistics that's because each course relies on proficiency in the prerequisite courses so I'd like to welcome you to economics there is a deep satisfaction in mastering economics with the understanding of the world and the capacity for analysis that comes with it good luck to you all you do my university of south carolina capstone college confidential St. John's University.