Through this program, Economics majors will study many of the concepts of microeconomics, including firm structures, markets, market failures and price discrimination; and the macroeconomics concepts of inflation, unemployment, international trade and payments, and the effectiveness of government policy. The economics degree options at Missouri S&T offer students the opportunity to study business in a setting designed to produce maximum learning: small classes, each taught by a full-time, terminally degreed professor, using the latest in computer and business-related technology. They learn the tools for making efficient decisions in a broad range of areas. The B.S. degree requires the completion of 120 credit hours of study. In place of the language/history course work, it substitutes an additional 18 hours in science. Both mathematics and computer courses are counted as science at Missouri S&T.