Why Study Economics?
Maybe it's because you're interested in training for a well-paid job
Economics majors on average earn more than the majors in any other department in the College of Liberal Arts, and more than most business majors for that matter (see table below). Or maybe it's because you're interested in understanding how individuals, businesses, and governments interact to produce and distribute goods and services to improve (or diminish) our well being. Whether your concern is preparation for a career, intellectual curiosity, or political change, economics has something to offer you.
Economics is the only social science which is awarded a Nobel Prize
It provides a rigorous analysis of a wide range of real world problems (many of which are not ordinarily thought of as "economic") such as poverty, inflation, unemployment, pollution, crime, taxes, finance, inequality, international competition, economic growth and many others. But you don't have to be a "rocket scientist" to major in economics. Most economics courses use little advanced math. Some don't use math at all. Economic analysis is often common sense. Our department emphasizes a broad, policy oriented, liberal arts approach to the study of economics, one which appeals to students of many different backgrounds and interests.
A major in economics sends a signal...
...to prospective employers and graduate schools that you are capable of logical and critical thought, that you have basic quantitative skills, that you can adapt to changing circumstances, and that you are interested in the "big picture." It will help you become a better citizen and a more rigorous thinker as well as advancing your career goals.
We strive to be not just an academic department but a "learning community."
Our faculty puts students first. Many of our faculty have won teaching and advising awards and have published extensively in their fields of expertise. This Web site describes the faculty, the courses, the requirements, and many of the other features of our Department such as the Economics Club. We look forward to seeing you in class!Economics Student Organizations
- Econ Club
- Omicron Delta Epsilon Honors Society
The Economics Club is a student-led organization that seeks to provide extracurricular enrichment to majors and minors in economics. The level and type of club activity varies from year to year depending on the interest of participants; it has included field trips, speakers, sessions on career planning, and panel discussions and debates on current economic issues. Be on the lookout for announcements in your economics classes, and on the Department bulletin board, as well as email notifications. The club is always interested in welcoming students with leadership interests and new ideas for activities. For further information, please contact the Coordinator of Undergraduate Studies, Dr. Nancy Jianakoplos.
The local chapter of Omicron Delta Epsilon, the International Honor Society for Economics, offers invitations to membership each semester. The principal function of ODE is to recognize and encourage outstanding academic achievement by those in the field of economics. In addition to honoring excellent students by offering membership, the society also encourages scholarship by hosting guest speakers on campuses, sponsoring student paper presentations at professional meetings, awarding prizes for outstanding student research, and publishing a journal - The American Economist. The local chapter hosts a reception for new members each Spring semester, with an invited speaker, and it offers annual cash awards for outstanding undergraduate and graduate term papers. For further information, please contact the Coordinator of Undergraduate Studies, Dr. Nancy Jianakoplos.
Ave. Starting Salaries by Major:
- Computer Science $55,900
- Civil Engineering $53,900
- Construction $53,700
- ECONOMICS $50,100
- Management Information Systems (MIS)Systems (MIS) $49,200
- Finance $47,900
- Accounting $46,000
- Math $45,400
- Business Management $43,000
- Agriculture $42,600
- Marketing $40,800
- Political Science $40,800
- History $39,200
- Communications $38,100
- English $38,000
- Sociology $36,500
- Journalism $35,600
- Education $34,900
How to Declare
STEP ONE: AT LEAST 24 HOURS BEFORE attending one of the "Meetings for Majors" scheduled below, please go to the Economics Department office in Clark C-306 and complete a change-of-major form.
STEP TWO: Attend one of the weekly scheduled "Meetings for Majors" conducted by the Economics Academic Support coordinator, Dr. Matt Dunn. These meetings are held in Clark C-307. Most of your questions and concerns will be addressed at this meeting. The change of major form will be completed and signed at the conclusion of the meeting. You may attend any of the meetings listed below after you have completed Step One, but please realize that you will not be considered an Economics major until you attend a weekly meeting.
Go to the Economics Department office in Clark C-306 and complete a form to add a minor in Economics.
Additional questions regarding the Economics Major or Second Major will be addressed at the change of major meeting.
For more information about the undergraduate program, contact:
Office: C306 Clark Building
1771 Campus Delivery