College of Arts & Sciences

Economics

Understanding Markets, Influencing Decisions

The economy is the central focal point of the running of our society's business endeavors. By understanding the production, distribution, and consumption of wealth along with their financial implications, you’ll learn the skills to be a valued advisor in a business or governmental setting. As an Economics major, you'll obtain the analytical tools to forecast and understand a variety of social, political, and business issues through internships and practical research. Economics is a popular choice as a double major with Finance, Mathematics, or International Studies. Economics is one of the most popular minors at the University.

Why Choose Economics?

Economics is one of the great social sciences. It encompasses how human beings interact with their world and investigates the great mysteries of how people can attempt to control their lives. Economists are in the important profession of helping businesses, governments, organizations, and citizens see trends, assess risks, and take advantage of opportunities. Because economics is such a critical area of policymaking, it is vital to have a significant understanding of its workings.

$128,280 Median Pay (U.S. Bureau of Labor Statistics 2022)

96% Class of ’23 employed/attending graduate or professional school within 6 months of graduation

What Will You Study?

Your studies will focus on the production, distribution, and consumption of wealth. You will gain an understanding of how society distributes scarce resources such as land, labor, raw materials, and machinery to produce goods and services. Research assignments will teach you to collect and analyze data, monitor economic trends, and develop forecasts. You’ll see how economists may analyze energy costs, inflation, interest rates, imports, or employment levels, and then use their understanding of economic relationships to advise businesses and other organizations. You may also be a part of the Department of Economics' joint research project with the Middle East Council of American Chambers of Commerce (MECACC).

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Curriculum Department Combined Degrees Minor

Unique Learning Opportunities

Internships and Field Work

As an Economics student, you'll gain professional skills and experience through internships, fieldwork, or student teaching. These experiential learning opportunities will allow you to take a test drive of your future career in a practical setting. You'll have access to a network of more than 1,000 internship sites where you will learn from the best. Our Economics majors have interned at Pension Associates, kglobal, and MassMutual Financial Group, Capitol Capital Group, REMI, and Develop Springfield.

Study Abroad: Become a Global Citizen

Today’s workforce needs professionals who see the big picture. Western New England University will help you to become a student of world cultures and histories as they relate to your studies while making valuable contributions in your explorations. Whether you participate in a faculty-led summer seminar course or spend a semester at an international university, the experience will broaden your horizons and help you compete in the global landscape.

Study Abroad

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