Q: What do these two men have in common?
Alan Greenspan, Chairman of the Board of Governors of the Federal Reserve System
A: They both have economics degrees!
Other Interests: Study Abroad and Interships
Concentrations and Double
Majors: Pre-Law, International Affairs, and others
This page was originally designed by Peter J. Woolley. It has been revised by Roger Koppl and is maintained by the Department of Social Sciences and History.
Economics is not really about wealth or money or how the stock market works. We do study those things, but that’s not the heart of the matter. Economics tells us the logic of human action. It is the logic of business management and of riches and poverty. It is even the logic of love and marriage, of war and peace.
is a way of thinking. Game theory
started as a branch of economics. (Game
theory was recently made famous by the movie A Beautiful Mind.) It is now used
in a many areas. It is used in business,
political science, and biology. And
speaking of biology. . . It was an
economist who inspired
Why Study Economics?
economics major from
Economics gives you tools of analysis. These tools let you understand human interactions in many social settings. For some, business is the social setting of interest and an economics degree is a ticket to a successful management career. Others are interested in social problems or politics. Your interest might be poverty or the environment. It might be inflation and sound money. It might be joblessness and homelessness. Whatever your interests, the economics major give you the keys to the operation of the “real world.” Economics tells you how markets operate and how change happens. That is useful knowledge when technology is speeding ahead and the globe is shrinking. As a citizen, the economics major leaves you well informed. When launching a career, the economics major leaves you well trained. When planning for change, the economics major leaves you well armed.
What do you do after graduating with your economics degree? Whatever you like! Some of our economics majors go into business management. Others start businesses of their own. Still others go on to law school or to graduate studies in business, economics, public policy, or other social sciences. All have benefited from our curriculum in economics and our liberal arts core.
Do I need a graduate degree or MBA?
With a degree in economics, you're good to go into a wide variety of
jobs. An undergraduate economics degree may be followed by an M.B.A. or an M.A.
or Ph.D. in economics. An M.A. or Ph.D. in economics may be necessary to be an
economist for a government agency or a Congressional committee.
What about a Double Major?
Glad you asked. The B.A. in economics allows plenty of free
electives--enough in fact that you can double major, choosing from among many
disciplines. See some examples below.
Visit the Social Sciences and History Department
office on the third floor of the Mansion- Room M31.
Or write or call or e-mail:
Dr. Fred Englander,
Professor of Economics and Finance
Dept of Social Sciences and History,
To major in Economics you must complete between 30 and 42 credits in economic theory. Economics majors can also apply finance and accounting courses toward their major requirements. Becton College core courses in the arts and sciences comprise an additional 35-50 credits. The remaining credits (48-63) are free electives.
Students can use free electives to gain a second major or one or more minors. A second major requires that you complete 30-42 credits in another discipline. A minor requires 18-24 credits. With a little planning, you can build an exciting course of study and a strong resume. You should discuss the options with our admissions counselors or your academic advisor.
Introduction to Microeconomics
Introduction to Macroeconomics
US Economic History
History of Economic Thought
Using free electives for a minor or second major:
You can use free electives to gain a second major or a minor. A second major will require that you complete 30-42 credits in another discipline. A minor requires 18-24 credits. You should discuss with your advisor how to best utilize your electives. See some examples below.
We also encourage you to pursue an internship at the state or federal level and to spend at least a semester at our Wroxton College in Oxfordshire, U.K.
Ph.D., Professor of Economics
B.A., University of Massachusetts; M.A., Ph.D., Rutgers University
Office Code: M104A
Professor of Economics and Finance
B.A., University of Massachusetts; M.A., M.Phil., Ph.D., Rutgers University
Associate Professor of Economics and Finance
B.A., M.A., New York University
Ph.D., Professor of Economics and Finance
B.A., Cleveland State University; M.A., New York University; Ph.D., Auburn University
STUDY ABROAD AT
FDU's WROXTON CAMPUS
Students are encouraged to spend a semester at Wroxton College, FDU's campus in England. Sample the cultures of Europe and experience a first-rate British education which includes both tutorials and seminars. The Wroxton experience also includes plenty of visits to major cultural and political events.
Because Wroxton is part of F.D.U., the courses you take at Wroxton will fit neatly onto your checksheet. Wroxton offers courses in political science, history, economics as well as all the Core curriculum.
Study abroad is
challenging and enlightening. Study abroad at our Wroxton Campus makes the experience
easy to embark upon: no tuition differential, no transcript problems, no red tape.
INTERNSHIPS AT THE WASHINGTON CENTER
F.D.U. is affilated with The Washington Center, located in Washington, D.C., which offers internships in many fields including political economy and private interest advocacy. A Washington Center staff member, called a "program supervisor," will find an internship that matches your area of career interest. The program supervisor will assist you during your stay in Washington; offering support, answering questions, and helping you work through any problems that may arise.
These internships are at least 80 percent entry-level professional work and no more than 20 percent clerical, ensuring you the hands-on career experience you need.
In addition to your internship, you will participate in an academic course one evening a week. The Washington Center offers a wide range of courses on topics including issues in the arts and humanities, communications, public policy, business, and law. You also will meet periodically with your program supervisor and other students to discuss your internship experiences.
You will be invited to attend at least two breakfasts at the U.S. Capitol with an influential leader or policy maker. These breakfasts allow you to meet and speak informally with prominent national figures. You will also attend an afternoon speaker series which features experts in a diverse set of issues of national importance.
To participate in our internship program, you must be a second semester sophomore or above at the time you attend with a least a 2.5 grade point average on a 4.0 scale.
majors are encouraged to choose a three credit internship to be used as major
elective credits. Internships require about 150 hours of on-site work
experience and a 15-20 page research paper related to the internship. Interns
typically work 10 hours per week over a 15 week semester, although other work
schedules are possible. Previous interns have worked for state and national
elected officials as well as private corporations. Upon successful completion of one internship a student may request one additional
Internship Policy for the Department of Social
Sciences and History
1. Internships can constitute no more than a total of six credits.
2. Internships are supervised by a member of the economics faculty.
3. For each three credits, the intern works 150 hours on-the-job.
4. Each intern will keep a log of working hours and a journal of work experiences.
5. The internship must include a substantial final paper on a topic agreed upon by the intern and the professor supervising the internship.
Use your free
electives wisely to expland your repetoire,
your resume, and your horizons! Concentrate your free electives in an area to
build a minor such as pre-law or history, math or marketing, psychology or
sociology. Why not, in fact, pick up a second major?
The Pre-Law Minor provides you
with the substantive background and specific skills necessary for success in
law school. The Minor requires that you complete six courses for 18 credits.. The courses are:
Writing Skills - ENEW3001 Advanced Writing Workshop
Skills (choose two courses from
PHIL1104 Practical Logic
POLS2250 Political Methodology
Anthropological and Sociological Approaches (choose one course from among)
SOCI2306 Crime and Criminology
SOCI2307 Deviance and Social Control
SOCI3508 Drugs in American Society
Political and Legal Studies (choose three courses from among)
HIST U.S. Constitutional History
POLS3304 Criminal Justice
POLS3306 American Constitutional Law
POLS3307 Civil Rights and Civil Liberties
POLS3308 Law and Society
International Affairs Concentration
If you're planning a career in international business, government service, or international non-profit organizations, then concentrate your studies on international affairs.
Knowledge of foreign languages, foreign markets and foreign governments will distinguish you from your colleagues after graduation. But the skills to be successful in government service and international business begin with the acquisition of intellectual capital.
an international dimension to your studies whatever your
major. Select from a range of courses which touch many continents and many
cultures. Students of any major in the College of Arts and Sciences or the
College of Business may pursue this Concentration to broaden their knowledge of
international politics and economics or to acquire a regional focus and foreign
language proficiency. The International Affairs Minor requires courses in four
Last Revised: 7 November 2002