Economics

Economics (/ɛkəˈnɒmɪks, iːkə-/) is the social science that studies the production, distribution, and consumption of goods and services.

Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the entire economy (meaning aggregated production, consumption, savings, and investment) and issues affecting it, including unemployment of resources (labour, capital, and land), inflation, economic growth, and the public policies that address these issues (monetary, fiscal, and other policies). See glossary of economics.

Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational and behavioural economics; and between mainstream economics and heterodox economics.

Economic analysis can be applied throughout society, in business, finance, health care, and government. Economic analysis is sometimes also applied to such diverse subjects as crime, education, the family, law, politics, religion, social institutions, war, science, and the environment.

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Scholarships for Economics Majors

Bullet name award deadline Link
 

White House Fellows Program

The White House

$100,000 January 05, 2024 See Details
 

White House Fellows Program

The White House

award

$100,000

deadline

January 05, 2024
See Details
 

Siebel Scholars Program

Siebel Scholars Foundation

$35,000 Varies See Details
 

Siebel Scholars Program

Siebel Scholars Foundation

award

$35,000

deadline

Varies
See Details
 

Rapoport Service Scholarship

University of Texas, Austin, College of Liberal Arts

Up to $30,000 February 01, 2024 See Details
 

Rapoport Service Scholarship

University of Texas, Austin, College of Liberal Arts

award

Up to $30,000

deadline

February 01, 2024
See Details
 

Jefferson Scholars Graduate Fellowship

Jefferson Scholars Foundation

$30,000 February 01, 2024 See Details
 

Jefferson Scholars Graduate Fellowship

Jefferson Scholars Foundation

award

$30,000

deadline

February 01, 2024
See Details
 

Truman Scholars Program

Harry S. Truman Scholarship Foundation

$30,000 February 06, 2024 See Details
 

Truman Scholars Program

Harry S. Truman Scholarship Foundation

award

$30,000

deadline

February 06, 2024
See Details
 

Ratcliffe Entrepreneurial Excellence Scholarship

Salisbury University

Up to $20,000 April 01, 2024 See Details
 

Ratcliffe Entrepreneurial Excellence Scholarship

Salisbury University

award

Up to $20,000

deadline

April 01, 2024
See Details
 

Rath Foundation Academic Scholarship - University of Oklahoma, College of Business

University of Oklahoma, Michael F. Price College of Business

$20,000 February 01, 2024 See Details
 

Rath Foundation Academic Scholarship - University of Oklahoma, College of Business

University of Oklahoma, Michael F. Price College of Business

award

$20,000

deadline

February 01, 2024
See Details
 

Bess Heflin Fellowship

University of Texas at Austin, Office of Graduate Studies

$19,000 Varies See Details
 

Bess Heflin Fellowship

University of Texas at Austin, Office of Graduate Studies

award

$19,000

deadline

Varies
See Details
 

RIT Achievement Scholarships for Business, Liberal Arts, and Hospitality Management

Rochester Institute of Technology

$19,000 January 15, 2024 See Details
 

RIT Achievement Scholarships for Business, Liberal Arts, and Hospitality Management

Rochester Institute of Technology

award

$19,000

deadline

January 15, 2024
See Details
 

Humanities Scholars Program - University of Maryland, Baltimore County

University of Maryland, Baltimore County

Up to $22,000 January 15, 2024 See Details
 

Humanities Scholars Program - University of Maryland, Baltimore County

University of Maryland, Baltimore County

award

Up to $22,000

deadline

January 15, 2024
See Details