Economics

The major in Economics, which is available both through The Kania School of Management and The College of Arts and Sciences, provides an excellent training for understanding the economic events and developments of our complex industrialized society and of the world economies. It equips the student with training and background needed to assume responsible managerial positions in industry, commerce, banking, or government service. It also gives a strong preparation for the pursuit of graduate studies in Economics or the legal profession.

Career opportunities for economics majors are virtually limitless. Recently, the Wall Street Journal reported that economics has been one of the most popular choices among students and prospective employers alike.

According to Alfred Marshall, a 19th century economist, economics is the study of mankind in the ordinary business of life, a part of the study of man. That age-old description is true even today. Economics touches all aspects of our lives and helps us to understand our world. Most social and political issues are grounded in economic reality. It is, therefore, no wonder that career opportunities for economics majors are virtually limitless. Recently, the Wall Street Journal reported that economics has been one of the most popular choices among students and prospective employers alike.

Planning for College

The University of Scranton encourages a strong college preparatory program in high school with a minimum of four years of English, three years of mathematics, social science and science and at least two years of a foreign language with additional units taken in acceptable academic areas. Above all, you should have an aptitude for logical analysis.

Economics at The University of Scranton

The program offers you:

• courses in monetary and financial economics, international economics, econometrics, development economics, labor economics, and public finance and taxation. These courses prepare you for careers in banking and financial sector, government, industry and international business
• a course in mathematical economics, which is useful if you are considering graduate school
• a curriculum with a strong foundation in finance
• a faculty with 10 full-time members, all of whom have their doctoral degrees and are regarded as excellent teachers and active researchers
• small class sizes which fosters a solid learning environment
• a student chapter of Omicron Delta Epsilon, the international honor society in economics, which provides you useful information on career options and internships
• the annual Henry George Lecture Series, the preeminent public lecture series in economics in Pennsylvania. The lecture series has attracted renowned economists from all over the world, including several who have won the Nobel Prize in economics
• excellent preparation for law school
  

Outcomes

The program in economics has always attracted some of the best student at the University. Economics majors have frequently won prestigious McGowan and Fulbright scholarships.

In turn, graduates of the economics department at The University of Scranton have been found employment with the following:

• Federal Reserve Board of Governors
• J.P. Morgan
• Goldman Sachs
• Prudential Asset Management
• Smith Barney
• Pershing Securities
• First National Community Bank
• First Interstate Bank
• State Farm Insurance

Others have pursued postgraduate study at Northwestern, Michigan State, Arizona State, New York University, Texas A & M, University of Iowa, University of Nebraska, University of Pennsylvania Law School and Rutgers University Law School.

Finding Out More

For further information on economics at The University of Scranton, please contact Dr. Edward Scahill, Department Chair, Economics and Finance, The University of Scranton, Scranton, PA 18510. The phone numbers are (570) 941-4187 and (570) 941-4048. His e-mail address is ems353@scranton.edu.