Managerial Economics

The Department of Resource Economics, in which Managerial Economics is housed, tackles complex questions about how to use environmental, natural, and human resources. By researching important societal problems and gathering and analyzing data, the major offers policy solutions that move the needle on today’s most pressing issues. Managerial Economics examines how firms and consumers make production, consumption, and investment choices.

 

Welcome to the Managerial Economics Community

Managerial Economics is an applied field of economics that concentrates on the application of economic principles and quantitative techniques to study business decision making. Students develop expertise in accounting, finance, business strategies, and market demand analysis. Microeconomic models and case studies are used to demonstrate how an individual can make wise choices to operate effectively within a complex economy of millions of businesses linked by thousands of markets. Although most graduates accept jobs immediately after completing their degree, the program also provides excellent preparation for graduate school in Resource Economics, Economics, Public Policy, and Business Administration.

Apply to be a SBS RISE Diversity Fellow

Applications due Friday, April 7, 2023.

The SBS Remedying Inequity through Student Engagement (RISE) Program is currently recruiting students who would be interested in serving as a RISE Diversity Fellow through the College of Social and Behavioral Sciences for the …

By Carol Sharick
Carol Sharick Director of Career and Professional Development for Undergraduates, College of Social and Behavioral Sciences
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Consider being a First Year Seminar TA in Fall 2023

Have you been looking for opportunities to further your leadership skills? Have you ever thought about trying out teaching? Do you wish someone had helped you figure out SPIRE or told you the best places to study, where to get …

By Carol Sharick
Carol Sharick Director of Career and Professional Development for Undergraduates, College of Social and Behavioral Sciences
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Faculty Spotlight: How Faculty Office Hours Support Your Academic Aspirations

The biggest misperception about faculty office hours is that you have to be struggling with the class to meet with your professor outside of class. This could not be further from the truth. You can take advantage of faculty office …

By Koni Denham
Koni Denham Director of Student Success - SBS
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Skill-Building With Linkedin Learning Classes

See below for skill-building classes – visit LinkedIn Learning for more.

Emerging Leader Foundations

Dan Schawbel
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Learning Data Analytics: 1 Foundations

Robin Hunt
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Excel Essential Training (Microsoft 365) (2018)

Dennis Taylor
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Nonprofit Management Foundations

Leslie Crutchfield
Thinking about leading a nonprofit organization? Internationally renowned author Leslie Crutchfield provides a primer on nonprofit management and leadership. She…

User Experience (UX) for Non-Designers

Tom Green
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Data Visualization: Best Practices

Amy Balliett
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Business Analysis Foundations: Business Process Modeling

Haydn Thomas
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Nano Tips for Using Excel with Miss Excel (2021)

Kat Norton
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Social Media Marketing for Small Business

Martin Waxman
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Purpose-Driven Sales

Lisa Earle McLeod
Do you have a purpose, or do you just sell stuff? Best-selling author and sales leadership consultant Lisa Earle McLeod…

Six Sigma Foundations

Richard Chua
Learn how to apply Six Sigma to drive improvements in the performance of your processes, products, and services. Dr. Richard…

Blockchain Basics

Jonathan Reichental
View Jonathan’s LinkedIn Newsletter Blockchain technology demands attention. And it’s not just due to the way it revolutionized monetary transactions.…

Presentation Tips for Pitching to Investors

Jessica Chen
View Jessica’s LinkedIn Newsletter Landing a meeting with investors is a big opportunity—and a key test of your business. Investors…

Accounting Foundations: Understanding the GAAP (Generally Accepted Accounting Principles)

Denise Probert
While working in accounting or the broader financial field is often centered around numbers, dollars, and other known quantities, there…

Understanding Capital Markets

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Capital markets are a crucial area of finance—and investors aren’t the only ones impacted. Retirement, buying a house, and long-term…

Google Ads Essential Training (2020)

Brad Batesole
Learn the foundations of pay-per-click (PPC) advertising with Google Ads (formerly known as AdWords) the industry-leading PPC platform. First, explore…

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What makes someone effective at sales? A genuine desire to help others solve problems. In this course, former Genentech senior…

Tableau Essential Training (2021)

Curt Frye
Tableau is a powerful and versatile data analytics and visualization tool that many consider indispensable for data science work. Its…

Financial Modeling Foundations

Michael McDonald
By distilling key information regarding cash flow levels and risks, financial modeling helps decision-makers make informed choices based on data…

Creating a Business Plan

Mike Figliuolo
View Mike’s LinkedIn Newsletter Looking to build a business or expand one you’re already running? You’ll need to build a…

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SBS College to Careers – SOCBEHAV 250

SOCBEHAV 250: College to Careers This class is all about YOU. • One credit, highly-participatory course • Learn about yourself…

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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.

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 2022 was 70%, though knowledge rate varies among departments.

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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.