Economics is the study of how markets determine which goods and services get produced and how they are produced, and what the resulting distribution of income and wealth tends to look like. Economics examines such topics as inflation, unemployment, international trade, financial markets, economic development and governmental economic activity. Economic issues have an important impact on individual firms and industries, and on the state of our country and the rest of the world.

By studying accounting, you will:

• Develop an understanding of microeconomics, macroeconomics, developments in economic policy and their relevance, and interconnections between economics and other issues.
• Apply your knowledge of economics to real-world problems.
• Use technology effectively to locate and use data, and process and analyze information.
• Articulate and defend normative analyses.
• Sharpen your writing and speaking skills.