Colleges of Arts & Sciences – Social & Behavioral Sciences
For more information, check these web sites:
Economics is the study of the choices that individuals,
businesses, and governments make when allocating limited
resources among alternative uses to meet societal needs.
For example, individuals must choose what goods or services
to purchase with their limited incomes. Business firms must
decide which goods to produce, how much to produce, and what
production methods to use. Governments must choose which
programs to implement and what taxes to levy to derive the
maximum benefits to the society from scarce resources.
Economists develop theories to explain how components of an
economy operate and interact with one another. They then gather
statistical and empirical evidence to estimate the relationships
among the various aspects of the economy. Using this data,
economists predict how different economic entities will respond
to changes in policies and external forces. These predictions,
in turn, help guide private and public decision-makers to form
Pursuing Economics at Ohio State
High school economics course work is not a prerequisite for
students interested in the economics major, but students should
have a good high school background in algebra. Economics helps
students develop good analytical skills, and for this it is desirable
to have a foundation in courses such as logic which help develop
analytical thinking. Computer experience also is helpful.
All Ohio State freshman applicants are considered within a
competitive admission process for the Columbus campus.
The primary criteria for admission are the completion of the
applicant’s high school college preparatory program, performance
in that program as indicated by class rank and/or grade-point
average, and performance on either the ACT or SAT. Upon
admission to the university, students can declare a major in
economics within the College of Social and Behavioral Sciences.