Economics is a popular undergraduate major. There are almost 300 economics majors among the William and Mary student body. Each year, about 125 students graduate with a degree in Economics.
The goals of the undergraduate Economics curriculum are to train students to use economic insights and tools to better understand the world, and to provide students with the skills needed to pursue fulfilling careers and enjoy a lifetime of learning. To reach these goals, the Economics curriculum helps students gain:
- A knowledge of the fundamental theoretical propositions of economics;
- An understanding of how economic models are formulated, tested, and modified through data collection and analysis;
- An appreciation of the strengths and weaknesses of economic models and the diversity of economic thinking;
- An understanding of economic institutions and their role in the broader social, political, and historical context;
- An ability to present economic material effectively through writing and verbal presentation.
With a relatively small number of required courses and a large and diverse set of electives, the flexible Economics curriculum prepares students for a wide range of jobs after graduation. Former students work in fields like management and consulting, banking and finance, and sales and insurance. Many also work in the public sector, for federal, state and local government agencies.
Economics majors are also well prepared for a wide range of graduate school options. More than half of the Department’s alumni eventually pursue some form of graduate work, with graduate work in Business Administration and Law being the most common.