Q: What do these two men have in common?




Mick Jagger, rock star and cultural icon




Alan Greenspan, Chairman of the Board of Governors of the Federal Reserve System


A: They both have economics degrees!


What is Economics?

Why Study Economics?

Hot List

Contact Information

Degree Requirements

Faculty Information

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.

What is Economics?

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. 

Economics 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 Darwin’s theory of evolution.  These examples show that economics is a powerful way of thinking, a way of thinking that applies well beyond the world of business and finance.

Why Study Economics?

An economics major from Becton College gives you an arts and sciences degree with a business-related major.  This can be an especially powerful combination if you add in a business minor.  Economics is a challenging major and people know it.  An economics degree shows that you have mastered a difficult subject.  It shows that you have what it takes to get the job done. 

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. 

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Dept. of Social Sciences


Virtual Campus Tour

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Contact Information

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,
Madison NJ 07940  U.S.A.
Tel: 973.443.8721


Or contact:

Dr. David Rosen
Chair, Department of Social Sciences and History,
Madison, N.J. 07940

Phone: 973-443-8721

FAX: 973-443-8799

E-mail: gadsden@fdu.edu

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Degree Requirements

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.

Required Courses:

Introduction to Microeconomics

Introduction to Macroeconomics

Intermediate Microeconomics

Intermediate 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.


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Faculty Info:

Fred Englander, Ph.D., Professor of Economics
B.A., University of Massachusetts; M.A., Ph.D., Rutgers University

Tel: 973.443.8832

Office Code: M104A

E-mail: fredenglander@comcast.net

Robert Greenfield, Ph.D.
Professor of Economics and Finance
B.A., University of Massachusetts; M.A., M.Phil., Ph.D., Rutgers University

E-mail: Greenfie@fdu.edu

 Claude Jonnard
Associate Professor of Economics and Finance
B.A., M.A., New York University

Tel: 973.443.8878

E-mail: cmjonnard@worldnet.att.net

Roger Koppl Ph.D., Professor of Economics and Finance
B.A., Cleveland State University; M.A., New York University; Ph.D., Auburn University

Tel: 973.443.8846

E-mail: koppl@fdu.edu

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Other Interests:


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.


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.


Our 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.

    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.

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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

Reasoning Skills (choose two courses from among)

PHIL1104 Practical Logic

PHIL1101 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.

F.D.U. offers 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 different disciplines.

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Last Revised: 7 November 2002