While pursuing his Bachelor's of Arts degree at the University of Chicago, Dakota Ford served as research assistant, research analyst, and investment banking analyst for various firms. The Kenneth C. Griffin Department of Economics at the University of Chicago seeks to teach students like Dakota Ford how societies allocate resources, and how differing assumptions about resource allocation can change outcomes.
UChicago's BA program in Economics covers a wide range of economic models, including those that provide insights into individuals as well as those which focus on the market as a whole. Students learn the mathematical skills needed to use and develop these models, as well as understand the results these models create and compare them to observed reality. Economics students have diverse long-term employment goals; as a result, the major is designed to prepare them equally for academic, private, and public sector uses of economic theory.
The economics program is divided into four sections:
* Foundations, which covers basic economic principles and the math necessary to understand them
* Core Classes, which deals with the most essential higher-level elements of economics
* Empirical Methods, which focuses on the advanced mathematics and statistics necessary to create and utilize economic models
* Applications of Economics, which shows how economics applies to specific fields
With an understanding of all four sections, students are equipped to move on to public policy, private industry, or academic work in the field.
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