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Introduction
Economics is the study of the ways in which society allocates its resources among alternative uses and the consequences of these decisions. The areas of inquiry deal with a varied range of topics such as international trade, domestic and international financial systems, labor–market analysis, and the study of less–developed economies. Broadly speaking, the goal of an economics program is to train students to think analytically about social issues, and as such provide a solid foundation for not only further study and careers in economics, but also for careers in law, public service, business, and related fields.
The Department of Economics offers a general undergraduate economics major in addition to five interdisciplinary programs structured to suit the interests and professional goals of a heterogeneous student body. All of these programs have different specific requirements but share the common structure of core theoretical courses that provide the foundation for higher–level elective courses culminating in a senior seminar. Students are urged to carefully look through the details of each of these programs and to contact an appropriate departmental advisor to discuss their particular interests.
The Columbia faculty in economics continue a distinguished tradition of research in a wide range of fields, from pure theory to applied subjects, and have achieved major distinctions for their work. The department's Ph.D. program attracts top-notch degree candidates from around the world.
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