The department of economics is dedicated to a student-centered educational experience in economics. Our program prepares students for successful careers in the private and public sectors as well as graduate studies in economics, law school, and MBA programs. With only 39-46 credits required to complete major related coursework, students have the flexibility to complete a minor, a second major, or a foreign language.
We foster our students’ intellectual growth by encouraging the use of economic reasoning to better understand past and present economic and social issues. Studying economics gives students the tools to answer questions related to economic growth, unemployment, inflation, income inequality, labor markets, international trade, finance, environmental sustainability, and more!
Why Study Economics?
Chairperson Ken Ardon discusses the unique opportunities available in economics at Salem State as well as the paths that past economics majors have chosen after graduation.
A Bachelor of Arts in Economics provides students with the qualitative skills they need to critically analyze questions faced by policy makers and firms. Students must complete a combination of economics and math courses as well as complete a research project to achieve the MA. Students must also complete a minor of their choice and 12 credits of foreign language courses. A BA in economics is perfect for a student who has multiple interests.
Like the Bachelor of Arts, a Bachelor of Science in Economics provides students with the qualitative skills they need to critically analyze questions faced by policy makers and firms. However, unlike the BA it places a greater emphasis on developing students’ quantitative skills. Students are required to take a combination of economics, econometrics, and math courses as well as complete a research project to achieve the BS. Students also have the flexibility to add a minor or second major. A BS in economics is perfect for a student who wants to develop their quantitative skills and to explore their interest in another field.
The bachelor of science program is primarily an upper level program designed to attract students from the Massachusetts Community College System. It is also designed to meet the professional, educational needs and objectives of fire protection personnel. It meets or exceeds the standard, as established by the National Fire Protection Association, for Fire Officer I, II, III, IV, in NFPA 1031-1983.
The focus of the lower level courses will be the acquisition of basic fire technology skills, while the upper level courses will primarily focus on the research and administration of fire protection as a component of the public delivery system.
A minor in economics complements all liberal arts majors. Business majors can complete a small number of economics courses to complete a minor in economics. Mathematics majors, social science majors and hard science majors will find an economics minor an excellent tool to use in conjunction with their scientific skills.