Economics at Hofstra
Economics studies how people, individually and collectively, go about the everyday
business of making a living. Evolving forms of economic activity have brought
constant change, making it crucial for modern-day economists to understand and
explain the varieties of economic life across communities and nations, and the
forces transforming economies over time. Within this general framework, economics
addresses a broad variety of issues that are highly relevant to decision-making
in business and public policy: the evolution of industrial competition, international
trade, growth and development, labor markets, technological change, antitrust
and regulatory policy, and the legal foundations of the economic system. Studying
economics allows you to learn about important problems, to understand challenges
that the future holds and those overcome in the past, to analyze events whose
consequences influence the well-being of millions and of you individually.
The economics faculty at Hofstra includes teachers-scholars with doctoral degrees
from leading graduate institutions. The research and teaching interests of our
faculty covers a wide variety of subject areas in economics and of public policy
issues. Because of this variety, economics students at Hofstra have a rare opportunity
to become familiar with a variety of approaches to the study of the discipline,
emphasizing institutional and historical perspectives in addition to more traditional
theoretical and quantitative methodologies. To learn more, we invite you to explore
the teaching and research activities of individual members of the
economics
faculty.
Job and Career Prospects
As economist John Maynard Keynes said, studying economics gives you "a rare
combination of gifts": learning how to contemplate the present and future in light
of the past, thinking in the abstract and understanding the concrete, understanding
the world of business, finance, work, and government policies from the standpoint
both of broader social concerns and of business enterprises. A major in economics
is an excellent basis for developing successful careers in business and government.
It also provides an excellent preparation for graduate programs, not only in economics
(at the Master and Ph.D. levels), but also in business administration, finance,
public policy and international affairs. A major in economics is also widely recognized
as extremely valuable in gaining admission to law school. Surveys of the labor
market indicate that employers regard highly job candidates holding an economics
major. Indeed, comparisons of entry level salaries for college graduates place
economics near the top in the rankings of major disciplines. Economics majors
are particularly attractive candidates for jobs in consulting firms, banks and
insurance companies, government agencies, international and public interest organizations,
media companies, and labor unions. Recent alumni from our department hold jobs
at investment and commercial banks, insurance firms, and stock exchanges. Others
are currently working toward graduate degrees in economics, law, public policy,
and business administration.
To learn more about the job market prospects for economists, you may find these
links useful:
Links
You can learn more about economic news and the activities of organizations
related to our field through the following list of links. Additional resources
in specific areas of economics can be found in the individual faculty's Web pages.
News and Media
National and International Organizations
Professional Organizations and Resources