Economics

Sound economic analysis is the foundation of business, government and nonprofit organizations.

Students studying in class

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

To succeed in economics, you'll need a strong understanding of 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.

The major in Economics requires the successful completion of a total of ten courses, consisting of six core courses and four Economics elective courses. At least two of the Economics electives must be at or above the 200 level.

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

ECON 100 Principles of Microeconomics 4
ECON 101 Principles of Macroeconomics 4
ECON 200 Intermediate Microeconomics 4
ECON 201 Intermediate Macroeconomics 4
STAT 118 Introductory Statistics 4
STAT 227 Intermediate Statistics: Design & Analysis 4
STAT-118: STAT 227 Intermediate Statistics: Design & Analysis or STAT 229: Regression Models may substitute for STAT 118

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 4
ECON 125 Gender at Work: From Rosie the Riveter to #MeToo 4
ECON 145 Economics of Sustainability and Resource Use 4
ECON 214 Gender, Globalization, and Development 4
ECON 216 Economic Development 4
ECON 218 International Trade 4
ECON 220 International Monetary Systems 4
ECON 222 Comparative Economies of East Asia 4
ECON 225 Political Economy of U.S. Capitalism 4
ECON 231 Money & Banking 4
ECON 235 From Farm to Table: The Political Economy of Food Systems 3
ECON 236 Public Economics 4
ECON 241 Business Competition and Antitrust Policy 4
ECON 247 Environmental Economics 4
ECON 255 Political Economy of Education 4
ECON 390 Special Topics in Economics 0
ECON 393 Econometrics 4

ECON 390 and ECON 393: not counted as an Economics Elective if used for the Capstone requirement.

 

Candidacy for Honors in economics requires a minimum GPA of 3.50 or higher in Economics courses by the beginning of the student's third-to-last semester (not including STAT 118 and MATH 120) and completion of a Senior Thesis (ECON 350/355). Upon completion of the thesis, the department determines whether the thesis merits designation of Honors in Economics.

 

 

The minor in economics requires successful completion of a total of five courses, consisting of

ECON 100 Principles of Microeconomics 4
ECON 101 Principles of Macroeconomics 4
and any three Economics elective courses other than ECON 390 and ECON 393.
Note: ECON 200 and ECON 201 cannot be counted toward the minor.

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 ScienceHistoryInternational RelationsMathematicsPolitical SciencePublic HealthPublic 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

Economics students take advantage of internships at various businesses, research institutions, government agencies, and community organizations. Students have recently found internship positions at:

  • The Argus Group at Morgan Stanley
  • Associates for International Research, Inc. (AIRINC)
  • International Trade Office of the U.S. Commerce Department
  • British Consulate, Department of International Trade
  • Lincoln Institute of Land Policy
  • Fenway Health.

The Economics department emphasizes analytical, research, and writing skills which our students apply in producing research papers for our three capstone courses, Thesis (ECON 355), Internship (ECON 370), and Econometrics (ECON 393). A sample of recent papers displays the variety and breadth of economic analysis:

Thesis Research Papers:

Tracks to Gentrification: A Cost-Benefit Analysis of Modes of Transit in the City of Boston, Sarah Hackey

A Study of Consumer's Willingness to Pay to Support Local Businesses, Megan Ludgate

The Cost of High-Interest Credit: How the Payday Loan Industry Structures Loans and Leverages Financial Power to Thwart Government Regulation, Kathryn Nagle

Internship Research Papers:

Property Tax Exemptions and School District Efficiency in Texas, Alannah Schute, Lincoln Institute

Brexit's Impact on the Irish Economy, Emma Nour Belabbes, U.S. Department of Commerce

The Potential Benefits of Blockchain Technology in the Administration of Federal Welfare Programs in the United States, Meagan Wilbur, USDA, Supplemental Nutrition Assistance Program

Boston's Affordable Housing Crisis and the Role of Multifamily Real Estate Capital, Merida Kepnes, KeyBank Real Estate Capital.

Econometrics Research Papers:

Evaluating the 2018-2020 Protests for Economic Justice in France, Abigail Powers

Contributing Factors to Excess Space Debris, Katiann Carey

The Correlation between Inequality and Exposure/Vulnerability to Flood Disaster Risk, Kathleen Tajmajer

Spending, Crises, and Natural Disasters: A Macro-Economic Look at Suicide in Japan, Vivian Zou

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.

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