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UMM Home > Social Sciences > Economics/Management Disciplines

Economics and Management at UMM

Economics and Management are two connected but separate disciplines at UMM. Economics addresses the economic environment as a social science. Economists are interested in applications, but in the context that a central task is to explain economic relationships, institutions, and events with some generality. Management focuses on a particular part of the economic environment, the issues arising in the operation of business and non-profit organizations in the economy, and has a more applied orientation than does economics.



The UMM Economics major is a rigorous and broad introduction to the theories and empirical tools of the field of economics, while a distinctive feature of the UMM management major is that it includes a foundation in the social science perspective coming from economics, and also provides a focus on an applied area within the topics of interest to future managers.

Students can pursue a major separately in either Economics or Management, and can combine either one of these fields with other majors or minors. However, there are overlapping course requirements that make double-majoring in Economics and Management relatively easy for those who want to take greater advantage of the complementary nature of these fields.