May 23, 2013
May 23, 2013
Dr. Ehrlich presents at the
April 26, 2013
The Center of Human Capital
Graduate School of Education
have been awarded
a Funded 3E proposal
Masters Economics Orientation - August 20, 2013
PhD Economics Orientation - August 27, 2013
|Now Accepting||Fall 2013|
|Fall 2013||Course Advisement|
|Social Media Directory|
Department Mission Statement
Economics is the study of the allocation of scare resources to meet competing ends. It is based on a set of fundamental principles leading to decision rules regarding the efficient use of resources, the production of goods and services, the accumulation of physical and human capital, the growth of output and welfare over time, and many related issues of vital concern to individuals and to society as a whole. The central quest of economics is to determine the most effective use of resources to meet private and social goals. Production and employment; the behavior of firms and households; investments in material and human capital, such as education and health; family formation and fertility; family savings and financial decisions; the role of money, banking, and other financial intermediaries; industrial organization and regulation, the behavior of business cycles; government fiscal and monetary policies; urbanization and environmental issues, the enforcement of property rights and the rule of law, international trade and finance, technological growth and innovation, income growth and individual and social mobility, are but a sampling of the concerns at the heart of the science of economics.
The UB Department of Economics is committed to the educational goals of the University at Buffalo. These include providing students the basic knowledge required to understand how economic problems are approached, and imparting the basic qualitative and quantitative tools used by economists to solve economic problems. The Department is dedicated to contribute to these goals by devoting efforts to better serve the needs of our undergraduate and graduate students, by engaging in cutting edge research, and by continuously improving the design of our academic programs, our curriculums and our course offerings.
Department Student Learning Outcomes
Students majoring in economics will learn and apply the methods of economics in depth. They will become familiar with the discipline, the role economics plays in relation to other areas of study, and the impact economics has on decisions and policymaking. At the end of their academic program, all Economics students should:
- Have a basic understanding of macroeconomics and microeconomics that will enable them to succeed in both academic and professional post-undergraduate pursuits.
- Be able to analyze current economic issues employing argumentation, written communication, mathematical models, and graphical analysis.
- Present information in quantitative formats that are clear and move the argument forward.
- Recognize, define, and analyze the constraints associated with resources and identify both cost and the benefits of particular “solutions” to social, economic, and political problems.
- Evaluate the feasibility of the success of a particular social strategy based upon the underlying economic realities.