Economics is the study of the allocation of scarce resources in society and the problems involved in the use and distribution of those resources. Economics is concerned with: how firms compete; why monopolies emerge; the ways in which prices, wages and profits are determined; the ways in which production and distribution change over time; and the ways in which government affect the economy through monetary, fiscal and other policies. This major educates the student in the basic theoretical foundations of our economy, utilizing principles of supply and demand, households, business and social behavior; prices, the economics of production, labor market dynamics and theories of social welfare maximization. Questions? Contact: Thomas Coverdale at (307) 283-1849 or Matt Haertzen at (307) 382-1716. All of the Economics classes may be taken online!