A field has emerged at the intersection between traditional economics and business. It involves new understandings of how organizations succeed within their competitive environments and the roles managers play in fostering success. To recognize this area of specialization, the department offers a track in Managerial Economics within the major. This program is an especially appropriate preparation for a career in management or related fields (e.g., law, public policy, or entrepreneurship) or for graduate education in these areas. Through case studies, internships, and interactions with practicing managers, students learn how economic theory and quantitative methods can be used to solve managerial and business problems.