Barney Barnett School of Business and Free Enterprise & Free Enterprise ›Undergrad Studies › Economics
Are you curious about how business decisions, politics, social reforms, and international relations impact a society’s economic base? If this describes you, consider pursuing a major in economics.
If you think the study of economics sounds like as much as fun as watching paint dry, think again. It is, in fact, excellent preparation for a variety of careers and graduate programs. Recent surveys indicate that economics ranks among the most popular majors chosen by undergraduates.
As the study of human behavior in the production, exchange and consumption of material goods and services, economics is the basis for understanding contemporary events. You will learn how to predict market trends, analyze the relative merits of different possible market structures, and advise governments and international bodies about the likely effects of their economic policies upon individuals, industries, and whole economies. In addition, you will develop analytical and strategic thinking skills, critical to tackling some of the business world’s most challenging issues.
Because of their keen insights and effective problem solving skills, economics majors find a wide variety of career choices. These include statistical analysis, monetary policy, public finance, economic development, and policy analysis in the public sector. In the private sector, you have even more possibilities, such as foreign-exchange trader, stockbroker, financial consultant, tax analyst, investment adviser, research officer, bank manager, market analyst, journalist, and so on. The list doesn’t end there. Non-traditional opportunities include education, environmental science, medical administration, and international affairs.
An economics degree also opens the door to graduate programs in such areas as business administration, humanities, social sciences, law, public administration, and accounting. Our alumni have been admitted to prestigious graduate schools, including the London School of Economics, University of Stockholm, College of William & Mary, Pennsylvania State University, the University of Florida, the University of Miami, American University, Vanderbilt University, and Stetson Law School.
Other graduates have found positions as foreign exchange traders and stockbrokers, financial consultants, and investment advisers.
Along with exposing you to guiding principles of the discipline, you’re study of economics will teach you to critically analyze and evaluate social phenomena. In keeping with FSC's mission to prepare students to make positive and important contributions to society, you will gain insights that will allow you to better contribute to the world community.
If you anticipate graduation study, you are advised to enroll in additional quantitative courses and other appropriate electives.
ECO 2205 | Principles of Microeconomics |
ECO 2207 | Principles of Macroeconomics |
ECO 3305 | Microeconomic Theory |
ECO 3307 | Macroeconomic Theory |
ECO/BUS 3320 |
Applied Statistics of Business and Economics |
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ECO 3308 | Monetary Economics |
ECO 3319 | Labor Economics |
ECO 3345 |
Economics and the Environment |
ECO 4406 |
Public Economics |
ECO 4407 |
International Trade and Finance |
ECO 4415 |
Industrial Organization |
ECO 4999 |
Contemporary Issues in Economics |
For a complete listing of requirements, please refer
to the academic catalog »
To earn a minor in economics, you will need to complete eighteen hours of Economic coursework.
Christoph Barnett '06 is banking on the strength of the Cayman Islands' financial sector.
Meet Christoph »