Economics studies how people make choices in a limited world. Those choices, in turn, affect how societies are constructed. That matters, because how societies are constructed can impact our future opportunities and decisions.
Is it better to focus on economic growth, or on alleviating poverty? Is housing a human right? How much inequality is too much? Is free trade good or bad? How will climate change affect our ability to prosper? What makes for a prosperous society?
The Economics program at USM encourages the critical examination of these questions and more. For example, when looking through the lenses of economic, racial, gender, and environmental justice, we are better equipped to find economic solutions that are fair, equitable, and efficient—outcomes that benefit all members of society.