COVID-19 update: This course will start online and continue on campus later. Read more

What will I learn?

As an economics major at Saint Michael's you will explore the trends that are transforming our economy and changing the world we live in. Your classes will examine topics such as income inequality, immigration, international economic development, discrimination, globalization, health care reform, trade deficits, the U.S. debt, and more. In all your courses, you will learn a new set of analytical techniques, and critical thinking and communication skills that are in demand throughout the economy.

Your first courses will teach you about key economic concepts and the role of markets, along with how to measure and interpret Gross Domestic Product (GDP), unemployment and price levels. You'll examine economic instability through a study of causes and policy prescriptions from two major opposing schools of thought: Classical and Keynesian. You'll learn about interest rates and the Federal Reserve and consider current policy debates on international trade, monetary and fiscal policy, the deficit, economic growth and productivity. You'll also have an introduction to how economists interpret the everyday decisions of consumers, businesses and workers and apply economic analysis to real-world questions like minimum wage, business profits, taxes, outsourcing and environmental policies.

Later courses cover statistical thinking as applied to such topics as probability distributions, regressions, correlation, analysis of variance and so on. Advanced macro- and micro-economics classes in our department delve deeper into theories and policies surrounding income and price level, interest rates and monetary and fiscal policy. You’ll more closely examine market failures and government involvement in the economy.

Your studies will culminate as a senior in a research thesis. You will prepare an original research proposal on a topic that interests you, conduct research, and present your results with close faculty guidance from start to finish.

Careers

Economics opens up many job opportunities. As an economics major you will learn analytical, critical thinking, and communication skills that are in demand by many firms and government agencies. After graduation, our majors go on to careers like:

  • Financial Analyst
  • Mutual Funds Associate
  • Senior Research and Statistics
  • Equity Derivatives Specialist
  • Financial Services Coordinator
  • Global Relations Management
  • Internal Sales Representative
  • Market Research Analyst
  • Account Manager
  • Climate Solutions Advisor
  • Policy Analyst

Which department am I in?

Saint Michael's College

Study options

Full Time (4 years)

Tuition fees
US$46,175.00 per year
Start date

18 January 2021

Venue

Saint Michael's College

One Winooski Park,

COLCHESTER,

Vermont,

05439, United States

Entry requirements

For students from United States

Application must have completed a high school record and strength of college preparatory curriculum (including the senior year of high school). Applicants should have at least sixteen Carnegie Units of college preparatory course work in high school including some combination of the following (in order of importance). Four years of English; While courses like speech and other English electives are interesting, students are recommended to take those in addition to (not as replacements for) English courses with a strong emphasis on writing and the reading of literature. Two to three years of the same foreign language; A minimum of two are required, but it is highly recommended that applicants pursue as many years of language as possible. Three to four years of theoretical mathematics; Three to four years of science, including at least two lab sciences; Three to four years of history and social sciences.

For international students

Students must complete their high school from a recognized institution.

English Language Requirements:

IELTS - 6.5

TOEFL (IBT) - 79

Cambridge - C1

Duolingo - 110

Application Deadlines for Fall Semester: June 7; for Spring Semester: November 1.

*There may be different IELTS requirements depending on your chosen course.

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