Economics

Understanding Tomorrow's Economy Today

Every day brings new economic challenges that reshape how we work, invest and live. Our world faces questions that demand rigorous analysis:

• Technology and Markets: How will AI reshape entire industries? What drives the volatility in cryptocurrency markets?
• Society and Policy: How does healthcare actually work as a market, and why does it behave so differently from other industries? How do demographic shifts impact growth and public policy? What economic forces drive inter-generational mobility?
• Global Economy: What are the ripple effects of trade disputes and supply chain disruptions? How do central bank decisions influence global markets? What drives economic development across countries?

Career Impact

Nearly 12 percent of Fortune 500 CEOs earned their undergraduate degree in economics – making it the second most common path to corporate leadership after engineering. Our graduates become:

• Private Sector Leaders: Data scientists, Management consultants, Investment bankers, Financial analysts, Product managers, Risk specialists, Litigation consultants
• Public Service: Policy analysts, Government economists, International development specialists, Research economists, Legislative staff
• Advanced Study: Many use their economics foundation for law school, medical school, MBA programs or PhD studies in economics and related fields.

Rigorous Analytical Training

Economics at Baylor goes beyond foundational theory. Our curriculum integrates cutting-edge methodologies that define modern economic analysis:

• Econometrics and Causal Inference: Master statistical techniques for evidence-based program evaluation
• Data Science: Harness big data to uncover economic patterns and trends
• AI and Machine Learning: Understand artificial intelligence as both analytical tool and economic phenomenon
• Behavioral Economics: Understand how psychology shapes economic decision-making

Distinguished Faculty and Learning Environment

Our faculty conduct groundbreaking research while maintaining an unwavering commitment to teaching excellence. We emphasize:

• Small Class Sizes: Personalized attention and meaningful faculty mentorship
• Research Opportunities: Work directly with faculty on cutting-edge projects
• Real-World Applications: Connect theory to contemporary economic challenges
• Critical Thinking Development: Build skills for analyzing complex problems

Guided by Baylor's Christian mission, we develop thoughtful stewards who use economic insight to serve society and promote human flourishing.