Department of Economics
Department of Economics Majors and Minors
The Department of Economics offers three majors: Economics, Business Management, and Mathematics-Economics.
The Economics major gives students a rich education in economic theory and empirical applications. Students begin by acquiring a deep foundation in microeconomics and macroeconomics and in econometrics, which analyzes data to test economic models. They then take at least four courses in specialized areas, including international trade, international finance, poverty and discrimination, behavioral economics and labor economics, among others. The major culminates with an independent research project in which students write a paper that applies econometric techniques to an economic area of their choice.
The Business Management major enables students to develop an expertise in management skills within the context of the liberal arts. Students explore different theoretical bases for organizing people, analyze how companies attain and sustain competitive advantage, and develop their own leadership competencies. All students engage in a semester-long group project that allows them to see how theory applies in practice by creating and carrying out a project that benefits a local non-profit organization of their group's choice. Students also acquire basic backgrounds in accounting and economics. The major culminates in a seminar in corporate strategy.
The Mathematics-Economics dual major allows students to simultaneously pursue interests in mathematics, economics, and management. Majors acquire a strong set of analytical skills that prepare them for a career as an analyst, an actuary, or a financial planner or for graduate study.
Minors allow a student to pursue her interest in an area in addition to her major. Although all students must complete a major, a minor is optional. However, a minor can help a student demonstrate competency in an area to employers or to graduate schools.