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The major in economics provides students with an excellent background for careers in finance, industry, government, and the nonprofit sector. In addition, it prepares students for graduate work in economics, law, business, and public policy. Economics majors develop their institutional knowledge about the business world, the domestic and global economic environment in which businesses, households, and communities operate, and the governmental policies that affect businesses and workers. Further, economics majors develop the ability to analyze complex economic and social issues and to communicate the results of their analysis through writing and oral presentation.
The two-course introductory sequence (Econ 100 & 101) provides students with conceptual frameworks for understanding and evaluating the U.S. economy from theoretical, historical, and global perspectives. Intermediate microeconomics and macroeconomics (Econ 200 & 201) rigorously present major theoretical approaches and their analytical applications and policy implications. Economics electives (Econ 125 through 247) extend theoretical and empirical analyses to various aspects of the U.S. and international economies. Econ 203 and 393 apply various mathematical principles and statistical techniques to the analysis of economic issues. In an economics internship (Econ 370) students develop and apply their skills and knowledge in a professional, research, or policymaking setting. The senior thesis (Econ 355) challenges intellectually ambitious majors to propose, research, and write a defensible thesis; the thesis would be the culminating product of a three-semester project and prepare students for graduate-level work.
Economics is complemented by other fields of study in the liberal arts and sciences and in the professional areas. According to their individual interests, strengths, and priorities, students might consider either double-majoring in economics and a complementary discipline or combining the economics major with a minor; indeed, the variety of possible combinations reflects the intellectual and aspirational diversity of the Simmons student body. In addition, the department cooperates with the College's other social science departments in offering courses in international relations, women's studies, and public policy. Depending on their areas of special interest and future plans, students might consider the joint major in economics and mathematics, the joint major in financial mathematics, and the minor in public policy studies.
The minor in economics complements the student's major area of study. The minor may provide a broad survey of economic analysis or a focused concentration on particular fields of economic study such as international economics, monetary economics, social analysis, or public policy.