Department of Economics

Economics Department

Why study economics?

In today’s world you live in, economic issues are everywhere: unemployment, recession, taxes, budget deficits, and government regulations. By studying economic concepts and analytical tools, you will be able to better understand and think critically about these economic issues and the world around you. In your life you have to make many economic decisions: whether to go to graduate school or to work right after college; whether to work for a company or to start your own business; and whether to rent or to buy a house. By learning how to think analytically like economists, you will be able to make better economic decisions in your life.

Economics at Union

The economics curriculum at Union is designed to provide students with the intellectual tools they need to understand and critically evaluate the many economic issues they confront on a daily basis. There are three different ways to major in economics at Union: Economics – the standard major; Managerial Economics – for those planning careers in management; and Interdisciplinary – economics combined with any other Union major. Each major requires introductory economics, intermediate microeconomics, macroeconomics, econometrics, and elective courses. A very important part of the department’s curriculum is its emphasis on student research. Research papers are required in a number of the department’s courses, and all majors complete a two-term thesis.

Economics and liberal arts

All economics classes at Union help students develop their critical thinking, analytical, quantitative and writing skills to find answers to their questions about the society and its economy. Employers are often looking for flexible and analytical thinkers with a broad knowledge base derived from exposure to multiple disciples, not ones who have only learned specific skills in business. Majoring in economics with a solid background in the liberal arts is a first step to a number of exciting careers and programs of advanced study, such as business, finance, law, journalism, public policy, education, environmental science, medical administration, and international relations.

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