Why Study Economics?
Economics examines the intricacies of how and why individuals and organizations produce and consume goods and services. This discipline not only prepares you for diverse career opportunities spanning business, finance, law, human resources, healthcare, environmentalism, and politics but also nurtures creative thinking on global economic issues. It establishes a solid foundation for rewarding careers and provides a pathway for advancing your education through law school, MBA programs, and other graduate studies.
Why Study Economics at Eastern?
Eastern’s Economics program is a good choice for students seeking flexible skills applicable to various careers, including applied economics, market analysis, banking, policy analysis, or social sciences. The program emphasizes decision-making abilities and data analysis relevant to policy, business, and finance, also providing a robust foundation for postgraduate studies in economics, law, political science, or public administration. Our program offers a unique advantage — we are small enough that our students receive individual attention from the faculty. This personalized approach ensures a supportive learning environment, fostering stronger connections between students and faculty. Aspiring graduate-level economists are encouraged to complement their major with a minor in mathematical sciences, enhancing their application portfolio and increasing their chances of admission to top-ranking programs.
Salary Potential
Media salary, Economist (with M.S.)
* U.S. Bureau of Labor Statistics, ziprecruiter.com
Hands-on Learning
Economics Club
Eastern’s Economics Club hosts lectures by noted experts in the field and provides field trips to Boston, New York and Philadelphia, where students tour the Federal Reserve Bank, Wall Street and the United Nations.
Honor Society
The Zeta chapter of Omicron Delta Epsilon, the Economics honor society, recognizes outstanding Eastern students the field and provides them with professional and career development opportunities.
Undergraduate Research
Students work side-by-side with faculty mentors on important research, such as this study of the satellite industry by Professor Brendan Cunningham.
Career Options
Students who pursue undergraduate degrees in Economics can have rewarding and successful careers in a variety of professional fields, including:
- Economic Consulting
- Economic Analyst
- Forecasting
- Bank Management
- Financial and Investment Analysis
- Investment Account Executive
- Manufacturing Sales
- Marketing Executive
- Market Research
- Management
Successful Alumni
Recent Eastern students who earned a bachelor’s degree or a minor in Economics are at the following companies and professional/graduate schools:
- Bank of America
- Cigna
- Merrill Lynch
- Connecticut Department of Economic Development
- Travelers
- Babson College
- University of Massachusetts
- Duke University
- University of Georgia
- University of Notre Dame
In the News
E.O. Smith high schoolers learn about big data at Eastern
July 10, 2024
This summer, Eastern Connecticut State University hosted 11 students from E.O. Smith High School in Mansfield to conduct research on hospital data at Eastern for the second year in a row. The project, led by business administration Professor Fatma Pakdil and economics and finance Professor Steve Muchiri, was backed by a monetary award from the NASA-CT Space Grant Consortium.
Steve Muchiri speaks in Kenya about teenage pregnancy
October 11, 2023
Steve Muchiri, professor of economics and finance, recently spoke at Kisii University in Kenya, presenting research and bringing attention to issues related to teenage pregnancy, intimate partner violence (IPV) and the impact of local communities on shaping young minds. His studies have shown the profound impact on subsidized female education in sub-Saharan Africa.
Alumni Testimonials
United Health Group
Joe Saponaro ’14
“Eastern’s small campus turned into a great investment for my future. The small class size allows students to get to know their professors and establish great relationships. I even met my wife at Eastern. The applied learning situations — my co-op position at Pratt & Whitney and my internship at Northwestern Mutual — were very helpful and relevant to my first job at United Healthcare.”
MPA candidate
Melody Ochoa ’23
“I am currently pursuing a master’s degree in public affairs with a concentration in Environmental Policy. My experience in the Economics Department has given me a versatile background on topics ranging from environmental economics to human resource management. The liberal arts core taught me a lot about my interests and allowed me to explore career topics I didn’t even know were accessible to me.”
AI Researcher
Chris Deras-Rodriguez ’24
Math and Economics major Christian Deras-Rodriguez co-presented his research on artificial intelligence at a conference in Puerto Rico in January 2024. The research analyzed high-speed rail policy in the United States and “the potential for AI to play a crucial role in shaping equitable policies in high-speed rail development. The cultural connection we felt in Puerto Rico was deeply personal and significant.”
Systems Analyst
Alex Bogle ’12
Economics major Alex Bogle is a systems analyst at Cigna. “My Eastern professors both sparked my interest in economics and suggested I minor in business information systems, which is the field I now work in. As a part of the information systems community, there are dozens of opportunities that satisfy my interest in both economics and IT.”
Financial Analyst
Tess Candler ’18
Economics and Political Science double-major Tess Candler is an associate financial analyst at Cognex Corporation. “Eastern was a great place to develop my research skills because professors are truly interested in working with students. Whenever I approached a professor about independent study, I was met with enthusiasm. Eastern’s small, primarily undergraduate school contributed to that environment.”
Public Policy
Jessica DeFelice ’16
Jessica DeFelice earned her master’s degree in public policy at Oregon State University and is a human research technologist at Penn State University. “Eastern’s rigorous academic training provided me with the skills to successfully conduct research and proficiently author and present arguments. I look forward to a career of shaping policy in the public and nonprofit sectors.”
Management Analyst
Ian Peters ’16
Economics major Ian Peters is a management analyst for the Delaware Department of Natural Resources. “The faculty at Eastern care so much about their students. If you’re struggling, they work with you outside of class. If you’re looking for more advanced material, you can take on an independent study project. Faculty at larger research universities are too invested in their own work to take that sort of time for students.”
Emerald Consulting
Brian Sullivan ’08
Economics and Mathematics double-major Brian Sullivan is the founder of Emerald Consulting, LLC. “My Eastern education prepared me for the green finance industry by giving me an extraordinary background in mathematics and economics. In my field, I spend a lot of time trying to make sense of complex data systems. I wouldn’t be able to do this without my training in statistical analysis or my understanding of economic forces.”
Sustainability
Melody Ochoa ’23
Melody completed an internship on campus at Eastern’s Institute for Sustainability, focusing on composting. She worked on a number of initiatives, including creating a group of students on campus who were passionate about composting and food waste. “Every other Thursday we would collect compost and bring it to a location off campus. We are promoting town wellness and community.”