Bachelor of Arts in Honors Specialization in Economics, Politics and Philosophy

Western University

Economics is a social science devoted to the study of scarcity, and how individuals, organizations, and governments make choices. The discipline’s guiding principle is found in the idea that all of these choices can most usefully be seen as decisions to allocate scarce resources across a range of competing uses. This single principle is always in play, and leads economists to study a wide array of social questions.There are economists in the Department working in most of the 'conventional' areas of economics such as international trade, unemployment, tax policy, and the determination of wages and incomes. However, department members are also doing research on issues that are outside the typical world view of what it is economists do. We have researchers working on crime (Lochner), education (Caucutt, Stinebrickner), domestic violence (Bowlus), the Chinese economy (Sicular), health economics (McGee), and environmental economics (Tarquinio), as well as many other issues.The Honors Specialization in Politics, Philosophy, and Economics is intended as a high-quality, challenging and selective program that prepares students for professional and graduate programs and leadership roles in domestic or international politics, law, public policy, economics and business. It will replace our existing Honors Specialization in Economics, Politics & Philosophy module.