Do you want to be an effective decision-maker and influential leader?

Sound economic analysis is the foundation of business, government and nonprofit organizations. To succeed, you'll need a strong understanding of economic issues like health care reform and inequality, institutions such as the Federal Reserve and the International Monetary Fund, and debates about government debt, globalization and sustainability.

Our program will help you develop the analytical, research, writing, quantitative and communication skills you'll need to produce significant research papers and confidently present your findings.

Outside the classroom, faculty interact with students in the Economics Liaison, discussing economic news and debates, organizing special lectures, and attending off-campus events. The Economics Liaison also collaborates with the Department in organizing a series of activities aimed at helping students secure internships and transition to careers and graduate school. In addition, students prepare for career success through the Department's Econnect program, featuring events like the annual Economics Student-Alumnae Networking Dinner and alumnae-led workshops on networking, negotiation, interviewing, résumé development and LinkedIn.

Our students combine their passions, incorporating their expertise into fields like finance, community development and government. Study in economics is also excellent preparation for law school and graduate study in economics, public policy, international relations, management, finance, and many other fields.

Program Requirements

The major in economics requires the successful completion of a total of ten courses, consisting of six core courses and four economics elective courses.

Core courses (all six are required; note the possible substitutions):

  • ECON 100 Principles of Microeconomics
  • ECON 101 Principles of Macroeconomics
  • ECON 200 Intermediate Microeconomics
  • ECON 201 Intermediate Macroeconomics
  • MATH 118 Introductory Statistics
    • Or MATH 227 Biostatistical Design
    • Or MATH 229 Regression Models
  • MATH 120 Calculus I (or a higher level calculus course)

Elective Courses (select four from the following list, including at least two at the 200 level or higher):

  • ECON 124 BRICS and the Global Economy
  • ECON/WGST 125 Women and Work
  • ECON 145 Economics of Sustainability and Resource Use
  • ECON/WGST 214 Women in the World Economy
  • ECON 216 Economic Development
  • ECON 218 International Trade
  • ECON 220 International Monetary Systems
  • ECON 222 Comparative Economics of East Asia
  • ECON 225 Political Economy of U.S. Capitalism
  • ECON 231 Money & Banking
  • ECON 235-LC From Farm to Table: The Political Economy of Food Systems
  • ECON 236 Public Economics
  • ECON 239 Government Regulation of Industry
  • ECON 241 Business Competition and Antitrust Policy
  • ECON 247 Environmental Economics
  • ECON 390 Special Topics in Economics(not counted as an Economics Elective if used for the Capstone requirement)
  • ECON 393 Econometrics (not counted as an Economics Elective if used for the Capstone requirement)

Recommendations

ECON 100 and 101 may be taken in any order; this is true also for ECON 200 and 201. Generally, majors complete ECON 100 and 101 by the end of the sophomore year and the remaining core courses by the end of the junior year. ECON 100 and/or 101 are prerequisites for all upper-level courses.

The student should work closely with their faculty advisor, who can provide invaluable assistance in various aspects of the student's success. First, the student may seek guidance in selecting economics courses that focus on a particular field of interest within economics such as the economics of the environment and sustainable resource use, international economics, monetary economics, social analysis, gender, or public policy. Second, the advisor may help the student identify non-economics courses that would enhance the student's intellectual growth according to their interests, strengths, and goals. Third, the student may want assistance in identifying student organizations or other co-curricular activities that would enhance their study and application of economics. Fourth, the advisor may assist the student in planning and preparing for graduate study or careers. Students considering graduate study in economics or related fields should take ECON 393 and courses in calculus and possibly other areas of mathematics; they should also consider various options that combine economics and mathematics, including the joint major in Economics and Mathematics.

Economics majors must also complete a four-credit Capstone in order to fulfill the all-College requirement. While the capstone requirement may be completed in other departments, students are encouraged to complete the requirement within economics. The capstone may be met within the department through 355 Thesis, 370 Internship, 390 Special Topics, and 393 Econometrics. ECON 355, and 370 do not count toward the 16-semester hour elective requirement for the economics major. If used for the Capstone, ECON 390 and 393 also do not count toward the elective requirement.

Minor Requirements

The minor in economics requires successful completion of a total of five courses, consisting of ECON 100, ECON 101, and any three economics elective courses other than ECON 390 and ECON 393. Note: ECON 200 and 201 cannot be counted toward the minor.

Customize Your Program

You'll work with your advisor to tailor a program to your interests and career goals. Simmons offers many options for customizing your studies, including dual majors, accelerated programs and a wide variety of complementary minors.

Economics complements study in various other disciplines, including Environmental Science, History, International Relations, Mathematics and StatisticsPolitical Science, Public Health, Public Policy, and Women's and Gender Studies.

A minor in economics is also available, and requires successful completion of a total of five courses, consisting of ECON 100, ECON 101, and any three economics electives courses other than ECON 390 and ECON 393. Note: ECON 200 and 201 cannot be counted toward the minor.

Internships and Research

Economics students take advantage of internships at various companies, research institutions and cultural institutions. Students have recently found internship positions at:

  • Morgan Stanley
  • The Boston Bruins
  • Lantern Financial
  • The Federal Reserve Bank of Boston
  • The Museum of Fine Arts

The Economics Department emphasizes analytical, research, and writing skills, which our students apply in producing the research papers for our two capstone courses, Internship (ECON 370) and Econometrics (ECON 393). A sample of recent papers displays the variety and breadth of economic analysis:

Internship Research Papers

Financial Planning in the Aftermath of the Recent Financial Crisis
Sarah Caughey, The RGL Group, Morgan Stanley Smith Barney

Student Loans: A Cost-Benefit Analysis
Andrea Ferrante, Lantern Financial

Where Did All the Monet Gogh? The Great Recession’s Impact on Museums
Kristiana Lyons, The Museum of Fine Arts

The Not-So-Bright Golden Years: Challenges Facing Women in Retirement
Laura Surprenant, Lantern Financial

Econometrics Research Papers

Five for Fighting: Does Fighting Have an Impact on a Win for the Boston Bruins?
Kaitlyn Emerick

Gun Restrictions: Help or Hindrance for Gun Homicide?
Lauren Grainger

The Secondary Ticket Market’s Effect on Average Ticket Prices
Kristiana Lyons

The Determinants of a Do-Nothing Congress: The Rise of Polarization
Jenny Withrow

Faculty
    Masato Aoki
    • Masato Aoki
    • Associate Professor, Economics
    • Phone: 617-521-2580
    • Office: E203H
    Carole Biewener
    Zinnia Mukherjie
    • Zinnia Mukherjee
    • Assistant Professor, Economics
    • Phone: 617-521-2582
    • Office: E203J
    Niloufer Sohrabji
    • Niloufer Sohrabji
    • Associate Professor and Department Chair, Economics
    • Phone: 617-521-2587
    • Office: E203G
How to Apply
So you know that Simmons is a great place to be, you've learned about our programs, maybe even come for a visit...now you're ready to apply! Let's get started.