Programs

Economics is the study of choices how individuals and societies allocate limited resources to try to satisfy unlimited wants. Households and businesses must decide what and how much to consume or produce and how much labor, land and capital to supply. Governments make decisions affecting inflation and unemployment, taxation and expenditures, the monetary system and international trade. Together, these public and private choices determine the nation's prosperity and shape the distribution of its wealth.

Wayne State's Department of Economics provides students with a rigorous, broad and critical program in theoretical and empirical economics. Our curriculum, provides a thorough grounding in neoclassical economic theory, modern quantitative methods, and application to the many fields of concentration. Additionally, our program prepares students to compare and contrast alternative approaches and evidence in order to analyze economic phenomena, evaluate policy debate and assess the broader social and political implications and consequences of economic activity.

Degree programs

Contact 💬

Have questions about our majors? Message us and we'll be in touch within 48 hours.

📲 Text only 313-349-3160 | ⚡️ Messenger | 💬 Twitter @WayneStateCLAS