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
Economics Curriculum
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.
Econ Speaker to Examine Health Care CostsFebruary 24, 2020
Dr. James Bailey, professor of economics at Providence College in Rhode Island, will be the featured speaker. He earned his Ph.D. from Temple University and specializes in health care economics, health insurance, labor economics, entrepreneurship and regulation.
New Brand, Logo and Tagline to be Revealed March 4February 24, 2020
For more than a year, the University has worked with SME, a creative agency branding firm, to help refresh Truman's brand. The logo and many of the branding elements for the University have gone largely unchanged for more than 20 years.