Download economics - Stockton University

Bachelor of Arts
ECONOMICS
SCHOOL OF SOCIAL &
BEHAVIORAL SCIENCES
www.stockton.edu/sobl
Bachelor of Arts
ECONOMICS
ECONOMICS
ABOUT THE PROGRAM
What is economics all about?
Economics is the study of a process that occurs in all human societies: how individuals
and groups secure their daily bread. This involves examining how scarce resources are
allocated among competing wants and needs, and exploring the complex social and
institutional relationships that are formed in order to accomplish this task.
Or, as Alfred Marshall once said:
“Economics is a study of man in the ordinary business of life. It enquires how he gets
his income and how he uses it. Thus, it is on the one side, the study of wealth and on
the other and more important side, a part of the study of man.”
Why a BA in economics?
Economics is consistently rated as one of the most attractive majors by employers.
Economics majors learn to analyze, synthesize, produce, and evaluate complex data
and information, allowing them to understand important social and policy questions,
processes, and trends.
• Why is the unemployment rate rising?
• Should taxes by raised or lowered?
• Does the Social Security system need to be fixed?
• How will the retirement of millions of Baby Boomers (or, their postponement
of it) affect the economy?
• Why is there significant wage and income inequality in the U.S.?
• What role do corporations, banks, and the government play in society?
• How do off-shoring and outsourcing affect the U.S. economy?
Bachelor of Arts
ECONOMICS
What can I do with a BA in economics?
Economics majors at Stockton develop a wide-ranging set of analytical and
communication (reading and writing) skills that can be applied in a variety of occupations
and fields:
• Market research and consulting firms
Aurimas Sabulis ’09
• Commercial and investment banks
• International institutions such as the UN, IMF, and the World Bank
• Public policy think tanks such as the Brookings Institution and the Economic
Policy Institute
• Government agencies at the federal, state, and local levels
• Insurance companies (underwriters, account executives, agents, and risk
managers)
• Fortune 500 entry-level positions
• Public health institutions and organizations
• Chambers of commerce and trade associations
• Labor unions
• Non-profit, grassroots, and community organizations
MajorAverage Starting Salary
Computer Science$67,300
Nursing$55,800
Business Administration/Management$55,600
Finance$55,400
Economics$53,000
Accounting$52,900
Mathematics/Statistics$50,400
Chemistry$45,000
Political Science$41,600
Physics$40,600
Elementary Teacher Education$40,000
Psychology$37,900
Hospitality Services Management$37,700
$36,200
* List shown is a selected list, not a rank ordering. See source for more complete information.
Source: NACE Salary Survey, April 2014.
After graduating from Stockton, Aurimas worked as a financial
adviser at Merrill Lynch for two years. Currently, Aurimas is
Managing Director at Intus Windows which he helped found. Intus
manufactures and distributes super energy-efficient windows and
doors in the United States. Aurimas is heavily involved in the green,
sustainable, and energy-efficient building design movement and
industry. He is also a co-founder of the video blog, IntellectualsDC,
a platform for stimulating interviews of unique personalities as
well as high profile events. Aurimas received his MBA from the
McDonough School of Business at Georgetown University.
Greg Novakowski ’12
Average Starting Salaries by Selected* Majors
Criminal Justice and Corrections
What careers are recent Stockton
economics graduates pursuing?
After graduating from Stockton, Greg entered a Ph.D. in economics
at the University of Missouri-Kansas City. He graduated with a
master’s degree in economics in December 2013 and hopes to
complete his doctoral dissertation in the near future. Greg took
several heterodox courses while at UMKC including ones on Marx,
Veblen, and Commons. He currently works for CVR Energy as a
Lease Crude Accountant and believes his economics background
allows him to better understand the big picture of the company.
Ashley Fisher ’12
Ashley majored in Social Work and minored in Economics. She
went on to earn a MSW at Rutgers focusing on non-profit and
public management. After her graduate work, she started and
ran a group home for the developmentally disabled with Cerebral
Palsy in Northern New Jersey. Currently, she is Assistant Program
Coordinator for Transitional Housing at Community Hope—a large
residential provider that serves the mentally ill, veterans, and their
families throughout New Jersey and part of Pennsylvania.
For more information,
visit www.stockton.edu/economics
Bachelor of Arts
ECONOMICS
Why should I study economics at Stockton?
Stockton’s economics program is unique. Our majors not only learn the fundamentals
of economics, but the program’s faculty exposes majors to the diversity of economic
thought and methodology. Our majors take classes in: money and banking, international
money and finance, development, urban economics, economic history, the economics
of aging, political economy, the history of thought, econometrics, and ecological
economics.
Internships. The College’s Washington, D.C. internship program allows our majors
to apply their economics skills in workplace settings before they graduate. Recent
economics majors have interned at: The Foundation on Economic Trends, the Internal
Revenue Service, and the GIC Group. Local internships are also possible.
Can I Minor in Economics?
Sure. The minor includes five classes. An economics minor can increase your
attractiveness to employers and widen your career options. For more information go
to www.stockton.edu/economics
Do I need to know lots of math to be an economics major?
No. Most of the math economists use is basic algebra and geometry. Economics majors
at Stockton not only hone their math skills, but learn to apply those skills to important
current events and public policy issues.
Faculty
Oliver D. Cooke
Elizabeth A. Elmore
Urban/regional economics
economic history, political
economy, macroeconomics.
Labor economics, statistics
financial gerontology, political
economy of gender, gender
issues in gerontology and social
security.
G. Reza Ghorashi
Melaku Lakew
Ph.D. (University of
Massachusetts Amherst)
- Associate Professor of
Economics
Ph.D.(Fordham University) Professor of Economics
International trade and
international finance
microeconomics, political
economy.
Ph.D. (University of Notre
Dame) - Professor of
Economics
Ph.D. (University of California
at Riverside) - Professor of
Economics
Monetary theory, history of
economic thought comparative
economic systems, economic
development.
Ellen Mutari
Ramya Vijaya
Labor market and
employment policies
gender, race-ethnicity, and
class; economic history
contemporary political
economy.
Feminist political economy,
labor and international trade,
econometrics.
Ph.D. (The American
University) - Professor of
Economics
Ph.D. (The American
University) - Associate
Professor of Economics
Associated Faculty
Ronald L. Caplan
Ph.D. (University of
Massachusetts) Associate Professor of
Public Health
Health economics, health
policy.
Deborah M. Figart
Ph.D.(The American
University) - Professor of
Education and Economics
Economics of gender and
race-ethnicity, labor economics
and labor-management
relations, political economy
and public policy, poverty and
inequality, microeconomics.
For more information,
visit www.stockton.edu/economics
The Richard Stockton College of New Jersey | School of Social & Behavioral Sciences
101 Vera King Farris Drive, Galloway NJ 08205-9441
609.652.4501
[email protected] www.stockton.edu/sobl
Stockton College is an AA/EO institution.