Economics students explore individual decision-making and national policy commonly used in today's modern mixed-market economies. There is a framework to the study of economics:
Microeconomics - examines how individual firms and consumers, known as economic agents, make decisions. Also considered in microeconomics are the impact decisions made by these individual agents impact markets.
Macroeconomics - explores the economies of entire countries. Macroeconomics thinks about questions of short-term fluctuations in economic activity, like unemployment. It also considers issues like long-term economic growth.
Econometrics - the fundamental tool of analysis used by economists. Data from the 'market' or the 'economy' is examined to see how well it corresponds to economic theory.
So is an economics major or double major or honours program for you?