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Economics

Economics Major

Meet Your Major: Economics

As an economics major, you’ll study how individuals and groups make decisions with limited resources.

Going beyond the fundamentals of business and finance, you’ll examine the forces that drive today’s complex global economy — supply and demand, profitability and employment. Through the focused curriculum, you’ll learn how markets work and deepen your understanding of how people and society operate.

What You’ll Learn

In this program, you will:

  • Examine the social relationships involved in the problems of resource allocation, production, exchange and distribution.
  • Understand the causes and consequences of national economic events, and how they’re influenced by economic policy.
  • Explore the relationship between historical events and the development of economic theory.
  • Learn how social relationships affect the allocation, production, exchange and distribution of resources.
  • Develop skills in numeracy, including deriving and interpreting quantitative measurements.

Hands-On Learning

Our major is designed to combine a strong theoretical understanding of economic concepts with hands-on learning. This includes opportunities to complete in-depth research through internships and directed studies programs.

Internships

A sample of our recent internships include:

  • Financial Advisor Intern, Northwestern Mutual
  • Financial Counseling Intern, Goldman Sachs
  • Intern, Massachusetts State House
  • Risk Management Intern, Enterprise Bank
  • Sales and Marketing Intern, North Star Resource Group

Directed Studies

Recent directed studies include:

  • Financial analysis of the social security system
  • Socioeconomic indicators of MCAS scores
  • Economics of venture capital
  • Urban and regional economic analysis
  • “Money-Balling” hockey
  • Marketing and sales analysis in information technology

Career Options

Economists are trained to think analytically and critically to solve complex problems, acting as a generalist in a world of specialists.  Our alumni work in finance, law, banking, data analysis, government, sales, marketing, business management and education.

Some of our graduates have worked in the following positions:

  • Associate, Ropes & Gray LLC
  • Consultant, Analysis Group
  • Investment Bank Analyst, The Carlyle Group
  • Sourcing Manager, Nike
  • Tax Associate, Morgan, Lewis & Bockius

What You’ll Take

Students majoring in economics are required to complete all institutional degree requirements (such as the core curriculum in liberal studies), earning a minimum of 124 credits and 2.0 GAP). For the major, students must complete the following nine courses:

Core Courses

ECO 1201  Introduction to Economics
ECO 1202 Topics in Introductory Economics
ECO 2201  Intermediate Microeconomics
ECO 2202  Intermediate Macroeconomics

Additional Courses

You must also take five additional courses (20 credits) from among the following:

ECO 1225(W) Economics of Gender
ECO 3303 Economic Development
ECO 3304 Economics of Education
ECO 3305 Ecological Economics
ECO 3306 International Economics
ECO 3307 Labor Economics
ECO 3308 Managerial Economics
ECO 3309 Marxian Economics
ECO 3310 Money and Finance
ECO 3311 Public Finance
ECO 3312 The History of Economic Thought
ECO 3313 Econometrics
ECO 3314 U.S. Economic History
ECO 3315  Urban and Regional Economics
ECO 4800  Directed Studies
ECO 4850 Economic Research Internship

More Info

Kathleen Burns

Administrative Assistant, Economics
Cushing 103A

978-837-5437

burnska@merrimack.edu

 

Anthony Laramie

Professor and Chair, Economics

978-837-3409
laramiea@merrimack.edu