Economics


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Guidebooks

A resource for Arts & Sciences students, the guidebook focuses on policies, the majors, experiential education, the core curriculum and major requirements. Copies are available in the dean's office, or as PDFs, below.

2005-06

Economics
Department's Website

Economics is the study of how societies produce and exchange goods and services to satisfy material needs. Economists analyze the process of economic growth and identify policies that contribute to economic stability and progress.

In the economics program, students examine the sources of economic growth — how societies produce more of what they need. Undergraduates study economics as part of a broad interest in the social sciences to develop specialized skills useful in today’s complex labor market. The major in economics is a good foundation for graduate studies in advanced economics, public policy, law or business.

Macroeconomics, which focuses on the overall economy, deals with such problems as inflation, unemployment, growth and instability, economic development, and governmental monetary and fiscal policies.

Microeconomics examines the economic behavior of individuals, households, firms, industries and trade among countries. It seeks to assess the economic effects of market power and environmental damage and analyzes the economic aspects of natural resources, poverty, health, income distribution, trade unions and government regulations.

Degrees:	B.A. and B.S.
Location:	301 Lake
Telephone:	(617) 373-2882
Department Chair:	Steven Morrison sam1@neu.edu
Head Advisor & Experiential Education Advisor:	Neil Alper n.alper@neu.edu
Cooperative Education Coordinator:	William Jackson w.jackson@neu.edu
Transferring to the major:	Same as college standards. Acceptance into the major will be based on students meeting the department’s criteria for admission and availability of space in the programs.
Progress in the major:	For students wishing to major in economics, three of the core courses (ECN 315, ECN 316, and ECN 350) should be completed within two semesters of qualifying to take them--i.e., within two semesters of finishing ECN 115, ECN 116 and MTH 131. ECN 520 (for B.A. students) or ECN 560 (for B.S. students) should be completed within two semesters of completing ECN 315, ECN 316, and ECN 350.) · For B.S. majors, grades earned in the four core courses (ECN 115, 116, 315, 316, 350, and 560) must average to a 2.00 or better. · For B.A. majors, grades earned in the four core courses (ECN 115, 116, 315, 316, 350, and 520) must average to a 2.00 or better. * After admission to the major, all required economics courses must be taken in the day college.