Economics is a method of analyzing human behavior in environments subject to scarcity. As such, it provides insight into a wide range of social problems and issues, including unemployment, inflation, poverty, discrimination, international trade, the environment, and the role of government in society.
The Department of Economics offers a contemporary curriculum in economics within the framework of the liberal arts. With an emphasis on writing, speaking, computing, quantitative methods, and other research skills, graduates of our program are equipped with a general education to lead productive lives in the twenty-first century. The College’s proximity to Washington, D.C. and a supportive local business community create stimulating internship opportunities. Students with superior academic records who complete an original research projects are eligible for honors. Jointly with Elon University of North Carolina, the Department publishes Issues in Political Economy , an undergraduate journal for economic research.
Two organizations promoting the study of economics are associated with the Department. The Economics Club encourages discussion of current issues, sponsors speakers and social events, and kindles interaction among students and faculty. It is open to all students. Omicron Delta Epsilon is a national economics honor society for students with superior academic records. Each year the Department bestows four awards. The Henry W. Hewetson Award is presented to a graduating senior to reward academic achievement and service to the Department. The James Harvey Dodd Award is given to a rising senior based on financial need and academic achievement. The Fred E. Miller Memorial Award is given to a rising senior who is majoring in both economics and business administration and is based on financial need and academic achievement. The Adam Smith Award is a scholarship given to a graduating senior who will be attending graduate school.
For information about courses, major requirements, internships, career opportunities, and academic advice, see Majoring in Economics.