What is Economics?
The study of economics examines the production, consumption, and distribution of goods and services in a society. Your courses will help you understand the interactions between markets, government, and community organizations in the provisioning of our lives, and the challenge of generating economic growth that is equitable and ecologically sustainable.
This program includes the major and minor, the major with a business concentration, and the minor in law and the economy.
Why Study Economics at Assumption?
At Assumption, the pathways offered through the study of economics are as diverse as the interests of the students we serve. You can tackle the vital policy issues of our day from unemployment and inflation to climate change to inequities in healthcare. You can develop your quantitative side with advanced coursework in econometrics or sports data analysis, and experience a global perspective by studying international development, trade, and finance. This major is flexible and easily combined with minors from other fields so that coursework can be tailored to individual interests.
Smriti Rao, Ph.D
Faculty
Experiential Learning
Assumption's Rome Campus
At Assumption's campus in Rome, Italy, the city and the country become your classroom through daily and weekend-long excursions throughout "the eternal city" and the Italian countryside. This unique study abroad experience will enrich your academic and cultural pursuits as you walk in the footsteps of emperors and gladiators then enjoy delectable Italian cuisine or perhaps a cappuccino after class in a local cafe. (Did you know that your financial aid follows you to Rome?)
Explore the Rome CampusLearn the Skills Employers Seek
Faculty/Student Research
The Assumption curriculum encourages scholarly and real-world experience. With hands-on research conducted alongside faculty mentors, students gain a depth of knowledge and skills that lead to professional success and personal fulfillment.Study Abroad
At Assumption University, the world is your classroom. Students can study and explore abroad in over 50 places from Vienna to England, South Africa, and even our own campus in historic, yet modern, Rome, Italy. Assumption’s study abroad program offers culture, history, and a living classroom for all.Internships
Assumption starts planning for your future the day you arrive on campus. Our Career Development and Internship Center helps students secure exciting and fulfilling internships where you’ll apply knowledge obtained in the classroom in a professional setting, preparing for a future career or additional study. Assumption connects students to internship opportunities in corporations, government agencies, research hospitals, non-profit organizations, and more. While internships are not required, many students complete at least one before graduation. Recent economics majors have interned at financial instructions such as Fidelity Investments, at research institutions such as the Worcester Regional Research Bureau and with political organizations such as Congressman Jim McGovern’s office.Career Paths
Bain Capital
Berkshire Bank
Fidelity Investments
Hanover Insurance
Lockheed Martin
Office of U.S. Senator Krysten Sinema
Stephen Picard
Economics 2017
Commercial Real Estate Broker, NAI Plotkin
“The liberal arts education at Assumption has helped me develop a broad knowledge of all fields. While I have learned personal investment strategies, I have also learned how to think critically and observe all potential outcomes. These experiences will help me hold conversations with all clients I will encounter in the commercial real estate market.”
Peter Serencsics
Economics 2017
Quality Control Analyst, American Transit Insurance Company
“Assumption connected me with alumni at American Transit Insurance Company that resulted in a job! During my internship, I worked with all of their departments to gain an understanding of how the insurance business works. I was well prepared to take on New York City as I began my post-grad career at the company that I interned with.”
Nathalie Vega Crespo
Economics 2016
Attending Law School, Roger Williams University
“Because of Assumption, I was thoroughly prepared to enter law school after graduation. Through my internships, I learned so much about the judicial and trial processes and about common and constitutional laws. I loved my experiences as an intern and I loved my time at Assumption.”
Elliott McGuire
Economics 2022
Summer Business Analyst at RxSense, Commercial Capital Analyst Program at Wells Fargo
“Assumption does well at providing students with the skills to understand change across the globe. I chose the economics program at Assumption because I believe it provides students with the opportunity to analyze past and current societal issues while taking into context their effect on global capital markets, and how economic trends and policy affect our everyday lives.”
Chloe Callahan
Economics 2024
“ The economics program has taught me to push my learning boundaries, embrace challenges with confidence, and work effectively with others towards common goals. As I embark on graduate school and the corporate workforce, I am forever grateful for the priceless lessons learned from this department.”
First-rate Academics in a Catholic University Setting
Assumption University awakens in students a sense of wonder, discovery, and purpose, forming graduates known for their intellectual seriousness, thoughtful citizenship, and devotion to the common good. Students are provided an education that shapes their souls, forms them intellectually, and prepares them for meaningful careers. Enlivened by the harmony of faith and reason, here, students’ minds and hearts are transformed.