Economics

Economics is the study of human energy – how we organize our efforts to get what we want. Market exchange plays a central role in this process, but processes of conflict and coordination that take place outside of markets are also important. Economics contains two broad sub-disciplines: microeconomics analyzes the individual behavior of households, business firms, and governmental entities; while macroeconomics focuses upon aggregate economic performance of nations and their interdependencies in the global economy.

Undergraduate program options include a Bachelor’s degree, a minor, and multiple certificates.

Welcome to the Economics Community

Economics attempts to understand the economic choices of individuals, families, firms, and other institutions. For example, how do parents allocate time and other family resources? How do firms decide what to produce and whom to hire? Economists also attempt to understand the workings of the economy as a whole. What causes inflation, unemployment or inequality? How do regulation and deregulation of industries affect product prices and quality? Why does the cost of medical care rise faster than other costs? Economists have developed a body of principles and methods which help them to think about these problems. The study of economics is the study of those principles and methods, and their application to questions such as those mentioned above.

Economics majors all take courses in two basic areas of economics: microeconomics and macroeconomics; and in statistics and mathematics, which are useful tools in the study of economics. The remaining courses are chosen by the students themselves, in accordance with their interests and career objectives. Every student takes at least four courses of his or her choice in Economics; these can be courses in methods or courses in applied areas. Every student also has the option of substituting a five-course collateral field composed of courses taken outside of Economics for two otherwise required courses in Economics, as described in “The Major”; and “The Collateral Field Option.” Examples of such fields are: history, international relations, business management, and political science.

Get the most out of the new SBS Pathways website by selecting your preferences!

We encourage you to explore the variety of content areas on our new SBS Pathways website, whether exploring academics, checking out our various Career Communities to learn all about different industries, learning about our Signature Programs like the Academic Fellows …

By Carol Sharick
Carol Sharick Director of Career and Professional Development for Undergraduates, College of Social and Behavioral Sciences Carol Sharick
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#WhySBS Contest – Get creative and give us your best tagline!

We’re seeking taglines and descriptions of why SBS / the College of Social & Behavioral Sciences is such a great place, and why incoming students should want to come join us and one of our majors!
Prizes will be offered to …
By Carol Sharick
Carol Sharick Director of Career and Professional Development for Undergraduates, College of Social and Behavioral Sciences Carol Sharick
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All my friends say…

Are you a senior in SBS, and lots of your friends in CICS or Isenberg are deep in the job application/interviewing process?

Are you feeling stressed by this?  Take a breath, and then take note:

Different industries recruit at different …

By Carol Sharick
Carol Sharick Director of Career and Professional Development for Undergraduates, College of Social and Behavioral Sciences Carol Sharick
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Sidebar

Explore Outcomes

The SBS Office of Career & Professional Development annually surveys graduating seniors in order to provide a snapshot of their post-graduation plans.  The survey begins just prior to graduation, and continues until six months after graduation.  Our data collection process is guided by the industry standard put forth by the National Association of Colleges & Employers, and includes information collected by the SBS Office of Career & Professional Development, the Office of Institutional Research at UMass Amherst, and by various academic departments, as well as from information that is made publicly available by students.  The SBS undergraduate outcomes knowledge rate for 2020 was 60%, though knowledge rate varies among departments.

  • First Destination
  • Top Employers
  • Starting Salary
  • Employment Locations
  • Top Universities
  • Degree Types
  • Fields of Study

First Destination

SBS graduates pursue a range of plans after graduation, including employment, continuing education, and volunteering/service, among others.  This graph depicts what recent SBS graduates tell us they are doing within six months after graduation.

Featured Resources

Research Opportunities

The Office of National Scholarship Advisement (ONSA) at UMass helps students (and alumni who are not currently in grad school) …

The Department of Economics has instituted a program of undergraduate research assistantships in which current students majoring in economics work …

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