Economics

Students discussing

Introduction

Economics is the study of how individuals and societies make decisions; most human and social phenomena cannot be properly understood without economic perspectives. Majoring in Economics seeks to nurture students to be equipped with economic problem solving skills that are vital to understanding and responding to modern society. Students majoring in Economics will learn conceptual models and analytical tools necessary to comprehend their everyday lives with regards to international issues. They are expected to hone their critical thinking and communication skills to become leading experts of their desired fields.Download ECON Degree Requirements

Curriculum

We offer an excellent track to train students to critically approach the economic problems and policy issues, correctly apply the basic analytic tools and concepts, and effectively communicate their attained conclusions. There are two core components in our curriculum for the students to attain the basic economic concepts: microeconomics to analyze the behavior of individual economic agents at the micro level and macroeconomics to understand the fundamental governing dynamics of the whole economy at the aggregate level. Students will then delve deeper into an extensive range of applied areas, such as economic development and growth, industrial organization, international finance, money and banking, law and economics, game theory with applications, and public and political economics. In addition, students can also develop their quantitative and research skills by taking statistics, mathematics and other senior electives.

Careers

Students who major in Economics are highly valued in the job market and their career paths are not restricted to specific areas. Graduates choose their careers in the public sector including the Bank of Korea and various public financial institutions, as well as leading global consulting, manufacturing and financial firms. Some graduates also choose to go into the media business, as they welcome the graduates’ economic insights. Also, many students enter graduate schools as they decide to pursue their career in academia.

Faculty

Our faculty is renowned for their wide spectrum of interests and excellent research capabilities. Many of their works are published in both domestic and international academic journals, including highly acclaimed economics journals.