Vanderbilt University, Bachelor, Economics
| Study mode |
Start date |
Duration |
Fee international |
Fee study period |
Year of study |
| Full-time |
Aug |
years: 4 |
$46500 |
Academic year |
2018 |
Microeconomists study households, firms, and markets. For example, why has the price of energy fallen relative to other prices, why do housing prices vary across locations, why do similar people earn such different pay, and why do firms produce and price things the way they do?
Economists participate in debates about policy toward climate change, international trade, taxes, healthcare, immigration, and crime. At a deeper level, the fundamental institutions that support economic activity are important as well. Such institutions—legal principles and laws, social norms, even families and communities—facilitate market and non-market transactions, investment in human and physical capital, innovation and technological change, and social and geographic mobility. This leads to questions about the role of government in regulating, taxing, subsidizing, or otherwise affecting markets and related institutions.
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