Economics is the science of decision-making. The discipline includes the study of production, exchange, and consumption of material goods and services. It involves the study of local, state, national, and international institutions and the policies that these private/government organizations develop to achieve particular goals. It includes analysis of both national and international macro indicators and studies the flows of goods and services both inter- and intra-nationally. The application of economic concepts to formal decision-making at the individual, institutional, and societal level is embedded into the curriculum (principally through the field/elective courses). Finally, economics is a science, and as such, it possesses a statistical foundation from which economists are able to test hypotheses related to the human behavior.
Economics majors at The University of Tampa may pursue either a B.S. degree (from the College of Business) or a B.A. degree (from the College of Social Sciences). All majors are required to develop both macro and microeconomics skills through the intermediate level. Econometrics (economic statistics) and business calculus are integrated into the curriculum. The department offers electives available across both micro and macroeconomic topics.
Economics majors can specialize in many areas and have career opportunities both in government and the private sector. UT economics students have been accepted to law schools and graduate programs at numerous prestigious colleges and universities. Others have found positions with the U.S. Congress, U.S. Treasury Department, the Federal Reserve Bank, the Environmental Protection Agency, the World Bank, Citigroup, Bank of America, Smith Barney, and more.
The Bachelor of Science in Business Economics provides a strong background in all the functional areas of business to complement their economics major.
The Bachelor of Arts in Economics provides the opportunity for students to gain exposure to business without requiring them to take many of the specialized courses in the business economics major.
The Minor in Economics requires 18 semester hours of credit in economics courses. While the minor in economics may be completed without calculus as a pre-requisite, each of the 400-level courses in economics (including ECO 460 Econometrics and ECO 461 Seminar in Economics) requires calculus for business (or calculus I). The minor in economics complements a major in accounting, finance, international business, marketing, mathematics, psychology and many others.