You know the basics of economics – it involves supply and demand and how each affects the other. You saw that when you wanted an iPhone and long lines of customers led to shortages and price increases.
If you want to know more about how a company on the supply side such as Apple affects markets, industry studies through the lens of Industrial Economics and Market Regulation may be the right track for you. This is an interdisciplinary major that helps you understand the framework by which markets operate; the inner- and intra-competitiveness among industries in the US; management-labor relations; and the role of government in the market economy.
The Bachelor of Arts with a major in Economics provides you with the knowledge to explore and understand human behavior, contemporary social issues such as poverty, discrimination, economic justice, history, culture, and international relations.
Future careers, post-grad opportunities
With a focus on industry as part of your education, you can seek employment opportunities in managerial positions in government and business, trade associations, and consulting and research organizations. You will also be well prepared to pursue graduate studies in economics, business, and law.
Faculty represent a wide range of expertise in areas such as health care, the public sector, international trade and economic development, labor and industrial organization, teaching methods, and human capital development. Their applied research and publications cover immigration and wage discrimination, market freedom and government intervention, forecasting, and health care market and policy, among others. Faculty serve as consultants to both private and public enterprises in the New England region, as well as international organizations such as the World Bank of the United Nations Conference on Trade and Development.