Bachelor of Science in Economics (BS ECO)

An undergraduate education in economics focuses on learning to analyze the world in terms of tradeoffs and incentives. More specifically, students graduating with a BSECO degree from IUGB will be have the ability to:

• Use microeconomic or macroeconomic theory to analyze a specific economic scenario.
• Apply microeconomic theory to produce a written assessment of the industrial structure, firm conduct, and economic performance of a specific industry.
• Use data to gain insight into a specific economic relationship.
• Use mathematical methods to analyze a macroeconomic or microeconomic model or situation.
• Critically evaluate the relationships between the structure and operation of financial market institutions and the economy.
• Formulate an economic research question and produce a review of the relevant scholarly economic literature as part of an independent research project.

These skills will strengthen the graduate’s employability in several ways that involve:

• Making sound judgment: Graduates will have the ability to gather and interpret information and data from various and often contrasting sources, in order to make sound judgment autonomously, and to meet objectives that often respond to different requests.
• Communication skills: Graduates will able to communicate in written form (summaries, reports, and detailed analysis) and oral form (face to face and in public). They will be able: to use clear statement of purpose, organization and logic; and to convey relevant information and concepts using Standard English and appropriate vocabulary.
• Lifelong learning skills: Students will additionally acquire the analytical and cognitive tools that allow them to autonomously face highly dynamic professional settings that require listening skills, critical thinking skills and the ability to integrate. They will also be able to understand and manage the evolution of problems in their daily life. They will be able to independently develop models for managing knowledge useful in professional development and to undertake studies at a graduate level. This ability will be acquired through participation in teaching activities, both in traditional and/or interactive ways, individual and/or group study and, in particular, research carried out for the drafting of high standard written piece.