Jun 16, 2025  
2025-2026 Undergraduate Catalog 
    
2025-2026 Undergraduate Catalog

Economics


415 Fronczak Hall
North Campus
Buffalo, NY 14260-1520

716-645-8670
arts-sciences.buffalo.edu/economics.html

Zhiqiang Liu, Ph.D.
Chair
 
Joanne Song McLaughlin, Ph.D.
Director of Undergraduate Studies
jsmclaug@buffalo.edu

Economics Overview

Economics is the social science that studies how people, businesses, and governments respond to incentives and how they make decisions about allocating limited resources. It is the science behind complex social issues such as inflation, causes of recessions, poverty, discrimination, and the future of work. The central quest of economics is to determine the most efficient use of resources to meet private and social goals. Employment, income inequality, environmental issues, public policies, investment and savings, health, fertility, money and banking systems, taxation, spending, international trade, industrial organization, and urbanization are at the heart of the science of economics.

Economics majors build successful careers in a wide range of fields from business, law, medicine, government, non-profits, international relations, and academia. 

UB’s Department of Economics offers a comprehensive curriculum that emphasizes both essential economic theory and statistical analyses of economic data, allowing the symbiosis of the two called “applied economics.” Applied economists have careers, for example, in education and health economics, econometrics and statistical analysis, international trade and finance, urban and regional economics, information and internet economics, industrial organization, market regulation, and environmental economics. Economists analyze and advise on the interactions of consumers and producers, how markets create and allocate gains from trade, investment, savings, production, and employment. They examine aggregate monetary and interest rate policies, regulation of banks and the like, economic growth, government taxation and spending policies, labor markets, income generation and distribution, and much more.

Academic Advising

Students obtain academic advice and guidance from the academic advisors in the College of Arts and Sciences Student Advisement & Services office (275 Park Hall) and from faculty in their program of study. The CAS Student Advisement and Services Office assists undergraduate students in the College of Arts and Sciences to plan their academic trajectory, develop goals and successfully complete their college careers.

Academic Advising Contact Information

College of Arts & Sciences Student Advisement & Services
275 Park Hall, North Campus
North Campus, Buffalo, NY 14260-4140
Phone: 716-645-6883
Email: cas-advisor@buffalo.edu

Programs

    MajorsCombinedMinorsMicro-credentials