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EMU, BA, Economics

Eastern Michigan University
 United States

 

Study mode Start date Duration Fee international Fee study period Year of study
Study modeFull-time Start date Aug Durationyears: 4 Fee international$24622 Fee study periodAcademic year Year of study2017
Economics is divided into two primary, interrelated sub-disciplines: Microeconomics and Macroeconomics. Microeconomics studies how people, businesses, and government agencies use the scarce resources available to them (such as time, money, land, etc.) to achieve their objectives (such as earning income, making a profit, etc.). This involves the allocation of those resources among their different uses. Businesses and people make microeconomic decisions as they produce, sell and buy, and use the goods and services that people want or need. Macroeconomics studies the processes that determine the overall size of the economy, the factors that cause the economy to grow or shrink over time, and related problems like unemployment and inflation.

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The wooded EMU campus is located in historic city of Ypsilanti, 56 km west of Detroit and 13 km east of Ann Arbor. Detroit Metro Airport is a fifteen-minute drive from campus. Along with some impressive examples of Victorian architecture, the area has numerous bars, restaurants and a farmers market.