Applied Economics
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Economics Department
Business Building (BUSC) Room 204
631-794-6260

Office Hours:
Monday-Friday
8:30am-4:45pm

Chairperson: Dr. Xu Zhang
Xu.zhang@farmingdale.edu

Carolyn Romaine, Secretary
Carolyn.romaine@farmingdale.edu

Why Economics?

Economics analyze how people make choices. This statement may seem very simplistic, but it captures the most fundamental aspects of the economics discipline. The range of issues and circumstances that shape peoples' choice are vast and complicated, so economists use conceptual tools to focus on the most important decision-making factors and to predict typical outcomes of peoples' interactions. Economists also use empirical tools to test theory, analyze data, and inform ongoing decision-making. Policymakers in both government and business rely on economists for research findings and advice.

At the undergraduate level, students can learn about the methods on analysis that economists use and about the various fields of inquiry where economists have been most productive. Principles courses introduce students to basic principle of microeconomics and macroeconomics. In our Applied Economics program, students learn how economics is applied to various real-world problems, as well as, the fundamental methodological tools.

Employers and many graduate programs look favorably upon applicants with an economics degree because of the "critical thinking skills" learned and practiced in the sequence of economics courses taken by majors. After graduation ECON majors often persue careers in business, banking and finance, government, law or international relations, while others go on to graduate study in a wide range of disciplines.      

Program of Study


 

 

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