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Arts and Sciences Learning Objectives
EconomicsEconomics Majors at Tufts
will be expected to:
- Use fundamental economics concepts - such as scarcity, incentives,
trade-offs, opportunity costs, comparative advantage, price system,
efficient allocation of resources, market failures, government failures,
and scope of fiscal, monetary, and regulatory policies.
- Apply economic theory to a range of economic issues across a variety
of fields and economics sub-disciplines, and effectively communicate
their analysis.
- Use basic statistical and econometric methods - including data
gathering, data analysis, and hypothesis testing in applied empirical
work.
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