
Department of Economics
The Department of Economics is an academic division within a university or institution that studies how people, businesses, and governments make choices about allocating limited resources. It analyzes production, distribution, and consumption of goods and services, helping to understand economic trends, policies, and behaviors. Faculty and students explore topics such as markets, inflation, unemployment, international trade, and economic development, using data and models to provide insights and inform decision-making. The department prepares students for careers in finance, policy, research, and related fields by offering theoretical knowledge and practical skills.