The Department of Economics offers a major and minor in Economics.
Our mission is to provide a curriculum and learning experience in the theory, and practice of modern economics. We provide the foundation for the application of theory to conventional economic issues, as well as to explore more recent attempts to answer human behavioral puzzles. In all classes, our main objective is to help the student ask, and answer questions creatively. To that end, teaching analytical and communication skills are the common denominators of the Stonehill economics curriculum.
The Department further recognizes an intellectual, cultural, and social duty to the community and pledges its resources to that end whenever appropriate and feasible.
Career-Specific Suggested Courses of Study
The various curricula below are suggested courses of study. They are not required. The suggestions aim to provide some general preliminary guidance for those planning for any of the four objectives defined below. There are certainly courses in disciplines not specified that may be equally appropriate depending upon each student’s preferences. Faculty in the Economics Department are willing and eager to work with students on an individual basis to address particular needs.
A. Law School
Students planning for Law School are encouraged to enhance the Economics Department’s course requirements by choosing several upper-level electives from the English, Philosophy, or Political Science Departments. Courses from those departments, which require writing assignments as a significant proportion of the course grade, are most strongly recommended.
Economics Department electives with content related to legal matters include:
B. Graduate School in Economics or Finance
Students planning to do graduate work in Economics or Finance normally will elect additional courses after consulting with a faculty member in the department. Mainstream graduate programs rely heavily on the use of advanced mathematics, and are highly selective. As a result, students should obtain a strong background in mathematics.
Highly recommended Mathematics Department courses are three semesters of Calculus (MTH 125 , MTH 126 and MTH 261 ) and a semester of MTH 251 - Linear Algebra .
Choosing to complete the Honors Program in Economics as well as choosing ECO 242 - Econometrics before senior year are especially important for graduate school bound students.
Other strongly recommended Economics courses:
Students are encouraged to consider electives that rely heavily on the application of Intermediate Microeconomic or Macroeconomic Theory.
Examples of some courses with Microeconomic foundations:
Examples of some courses with Macroeconomic foundations:
Students planning for graduate business school for an MBA or a Master of Science in Accountancy (MSA) are encouraged to enroll in:
Economics Department electives related to business school preparation that are strongly recommended include:
D. Financial Market Occupations
Many students are interested in financial market-related occupations in either the private sector (e.g. financial services and investment industry, economic consulting industry) or the public sector (e.g. The Federal Reserve Bank, The Department of Revenue, The Bureau of Labor Statistics) are encouraged to enroll in the following courses to prepare for the advanced data analysis in these occupations:
Advanced theoretical training courses include: