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.
September 20, 2021
After considering a variety of factors, including recent campus surveys, the number of active cases in Adair County, the advice of public health professionals and CDC guidance, Truman will continue the current mask policy and will review and reevaluate the policy by Nov. 5.
September 20, 2021
In an effort to increase vaccination rates, the University is implementing two incentive programs – one for student groups and another for employees. Student clubs/organizations, athletic teams and residence halls are eligible to receive a cash award for their group if 85% of the registered members have verified being vaccinated with the University. For employees, the incentive program includes the possibility of an additional two paid days off.