Welcome to the Department of Economics at Bradley University's Foster College of Business Administration. Economic problems center around the utilization of limited resources to provide goods and services for society. As a social science, economics is concerned with people in their roles as economic decision makers. Economists study how business and personal decisions are made under conditions of uncertainty and incomplete information, and they provide insight into problems involving both short- and long-term planning, such as investment and savings decisions. A strong grounding in both theoretical and applied aspects of economics allows students to use their knowledge to understand economic behavior and provides a basis for evaluating economic policy.
In pursuing an economics major, students develop analytical skills, a strong quantitative background, and clarity and precision of thought and expression. Students also gain knowledge of economic institutions and an understanding of how a complex economic system works. These abilities may be applied to job responsibilities in a variety of sectors and occupational groups. Our graduates have gone on to successful careers in banks and other financial institutions, industrial corporations, consulting firms, international organizations, and government agencies at all governmental levels, as well as by colleges and universities.
Our students take full advantage of our innovative, challenging, high quality learning experiences in our classrooms. Graduates are equipped to adapt to rapidly changing and competitive environments and are prepared for graduate school or success in their chosen professional fields.
Managing a culture change
Keith Williams, president and CEO of Underwriters Laboratories, speaks to students about changing a corporate culture for the better.