School of Social & Cultural Studies: Economics Department
Programs offered in the Department of Economics examine how societies cope with the pervasive problem of relative scarcity.
Positioned methodically between the sciences and the humanities, modern economic theory recognizes the market process, subject to the influence of both social and political forces, as the primary resource allocation mechanism. The market process only determines who gets resources and who does not. It does not erase scarcity — some wants remain unmet. Thus, issues of equity, justice, and fairness are implicit in any resource allocation. Our goal is to teach students how to understand and appreciate the process and issues involved in resource allocation.
Pursuing excellence in teaching and compelling scholarship, our distinguished and dedicated faculty guide, mentor, and challenge students to excel. Our bright and curious students learn how to use their intellectual pursuits to connect their education with the needs of the world.
Economics Academic Programs
The curriculum in economics at Truman empowers students with a self-sustaining capacity to think and learn. Students learn to pose questions, collect information, identify and use an appropriate framework to analyze that information and come to a conclusion.
March 23, 2020
While some services may be altered or disrupted, Truman is making every effort to keep its students informed and their academic careers on track. At this time, there are still no known cases of COVID-19 among any Truman students, faculty or staff. Updates will continue to be posted to trualert.truman.edu in addition to regular campus emails.
March 23, 2020
Patience and understanding are appreciated as the University has shifted face-to-face learning to alternative means, adapted advising and tutoring, and worked out other logistics related to student life and learning.