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Economics

Major Requirements

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 stocks 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 interrelationships between historical events and the development of economic theory.
  • How social relationships affect the allocation, production, exchange and distribution of resources.
  • Develop skills in numeracy, including deriving and interpreting quantitative measurements.

Career Options

Economists build models to explain why people behave the way they do, and they use these models, along with their observations, to analyze and explain why things happen the way they do. Businesses, government agencies and nonprofit organizations hire economists to think analytically, solve complex problems and recognize the impact of human behavior on work, production, distribution, consumption and business operations. With a degree in economics, you’ll have the knowledge and expertise to pursue a career in the exciting field of economics.

What You’ll Take

In this program, you must complete of a minimum of 48 credits and a minimum of 12 courses, as specified below. You must also maintain a GPA of at least 2.0 in your selected courses.

Core Courses

As an economics major, you’ll typically take the following 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 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 4001 Economics Seminar
ECO 4800  Directed Studies
ECO 4850 Economic Research Internship 

Courses in the School of Liberal Arts are scheduled to account for instructional time that is commensurate with credits earned.

Contact Info

Anthony Laramie

Chair and Professor, Economics

978-837-3409
laramiea@merrimack.edu