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Economics Program

 
 
Economics is the study of how to make optimal decisions in a scarce environment. Leadership and economics go hand-in-hand.
 
The West Point Economics program provides cadets with a solid understanding of core economic principles, enables them to analyze critical economic and social issues, and affords the opportunity to conduct cutting-edge quantitative research. After mastering core economic concepts, students can then tailor their studies to concentrate on public policy, finance, or mathematical economics.
 
The program’s economics electives provide the students with specific knowledge in the respective areas of study and afford them the opportunity to apply the appropriate theories and principles in their analysis of complex economic and political issues. The capstone course (Economics of National Security) enables senior cadets to apply both the core curriculum concepts and economic principles they have learned in an analysis of current critical national security issues. This course provides an in-depth study of national security to include applying microeconomic analysis to defense personnel policies and weapon-system acquisition procedures, analyzing the defense budgeting process, examining how the Department of Defense manages its contracting relationships, and studying the macroeconomic impact of national security decisions.
 
The Economics program supports graduate study in the social sciences in general, with particular relevance to economics, operations research, engineering management, business administration, international affairs, and public policy. Cadets have the option to pursue a Senior Thesis with Honors.
 
 
Faculty Members

Program Director 
 
Civilian Faculty
 
Military Faculty
 
 
 
 

 
Courses

SS201 - Principles of Economics
SS251 - Advanced Principles of Economics
SS364 - Game Theory
SS368 - Econometrics I
SS380 - Manpower and Labor Economics
SS382 - Microeconomics
SS385 - History of Economics
SS387 - Public Finance
SS388 - Macroeconomics
SS394 - Financial Statement Analysis
SS 462 -Economics of Stabilization and Growth
SS469 - Econometrics II
SS470 - Money and Banking
SS477 - Economics of National Security
SS484 - International Economics
SS494 - Principles of Finance
SS498 - Senior Thesis in Economics