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Economics at Three Rivers

Economics is the "study of how societies use scare resources to produce valuable commodities and distribute them among different people."

- Paul A. Samuelson, author of Economics

In today's fast-changing world, an understanding of economics has become more important than ever. We deal with economic issues daily:

  • Should I borrow money to buy a computer, or should I use my savings?
  • Will the recent trends in the stock market continue? How will that affect my retirement?
  • How will new technologies affect what I pay for new telephone, cable or Internet services?
  • What kind of health care system is best for our country?
  • How will drilling for oil in the Artic affect what I pay for gas at the gas station?

In economics, tools of analysis are applied to questions like these. The study of economics can not only give a broader view of the world, but can lead to careers in law, business, banking, finance, social work, psychology and more.

WHY STUDY ECONOMICS?

  1. Economics teaches decision-making skills.
  2. Economics helps in developing a framework to interpret social dynamics.
  3. Economics helps in understanding market forces.
  4. Economics is the framework for understanding the actions of individuals.
  5. Economic though and theory is applicable to other fields and beneficial in understanding other disciplines of study.

FACULTY

 

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