Economics is the study of how people choose to use resources.

Economics includes the study of labor, land, and investments; of money, income, and production; and of taxes and government expenditures. Economists seek to measure well-being, to learn how well-being may increase over time, and to evaluate the well-being of the rich and the poor.

More about Economics

Economics is a social science that studies choices and decisions at the individual, business and national levels. It offers explanations and solutions to issues and concerns such as inflation, unemployment, crime, poverty and the environment. An economics degree provides versatility and critical thinking skills for practical problem solving, which is an excellent preparation for the workplace of  the future. Understanding models, applying quantitative analysis to real world data to examine and reveal relationships are integral parts of the economics program and build a skill set that is and will be in demand.

For additional information on studying Economics, contact:

Warren AndersonPh.D.
Associate Professor
Economics Discipline Representative

Hans Czap, Ph.D.
Associate Professor
Faculty Student Advisor

Economics is good background for a wide variety of fields. … it gives our students great flexibility to go into a wide variety of fields, or to adapt to a changing market.

Degree Requirements & Honors

This page lists the requirements for students seeking an undergraduate concentration in economics. For more detailed listings of course requirements please go to the CASL Advising and Academic Success website or talk to your Economics advisor.


Internship opportunities are available for students to gain practical knowledge in their areas of study and improve their employment prospects upon graduation.

Student Clubs & Organizations

Economics students may also be interested in other clubs and organizations in Social Sciences, throughout CASL, and across campus.

After serving at UM-Dearborn for more than 30 years, Professor Patricia Smith is retiring.

Help honor her work with a gift to the UM-Dearborn Economics Scholarship Fund. Your gift ensures that future students will have the opportunity to learn the skills of economic reasoning and quantitative analysis for years to come. 



Natalia V. Czap

Chair, Department of Social Sciences; Professor of Economics
Teaching Areas: Economics , Master of Public Administration and Policy
Research Areas: Behavioral Economics , Environmental Economics , Experimental Economics , Public Policy

Hans Czap

Associate Professor of Economics
Teaching Areas: Economics
Research Areas: Environmental Economics , Industrial Organization

Department of Social Sciences

3018 - College of Arts, Sciences, and Letters Building
4901 Evergreen Road
Dearborn, MI 48128
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Phone: 313-593-5096
Fax: 313-593-5645