Department of Economics
Our undergraduates will be able to:
Our master degree (MA) graduates will be able to:
What does economics do?
From the phrase of economics being “the gem on the crown of social sciences,” one can easily perceive the status of economics today. The current study of economics is no longer limited to the traditional slope of production, consumption, and monetary systems. Instead, economists made contributions to disciplines such as Political Behavior, Law Analysis, Social Behavior, Interpersonal Relationship, Interpretation of History, System Evolution, Constitutional Theory, and so on. Despite the fact that the entire studies of social sciences interpret this phenomenon as the “Economics Imperialism,” but in fact, economists were just applying the strictly constructed economic analytic tools to these fields and, like other social scientists, are devoted to understand the human society as well as the various human behaviors.
Economics is not the study of business, neither are the major subjects of which being Accounting, International trade, Industry and Business Management. Economics are, however, the indispensable building block to those professional subjects. Economics is in effect like Electronics in the College of Engineering, or Piano Skills in Art School. The basic knowledge of Economics is all important and indispensable whether in business marketing, enterprise management, trade, or operation preparation. Agreeably, it is much easier for one to understand and familiarize with the theory first before actually practicing it.