Economics is the most popular major in the Arts College, with over 220 students graduating in 2003. The Economics major offers a unique combination of theoretical and analytical rigor with concern for "real world" problems. And we have enjoyed an excellent record in job placement. Veterans of our undergraduate program go on to careers in banking, accounting, and management -- and also in journalism, government service, marketing, and a wide variety of other fields. Each year, several recent graduates enroll in law schools and in PhD programs. Quite a few economists, after a few years' employment, enroll in graduate schools of business administration.

For more information, go to the Department of Economics Home Page.

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Recent Submissions

  • Calibrated Projection in MATLAB 

    Kaido, Hiroaki; Molinari, Francesca; Stoye, Joerg; Thirkettle, Matthew (2019-03-08)
    We present the calibrated-projection MATLAB package implementing the method to construct confidence intervals proposed by Kaido, Molinari, and Stoye (2019). This manual provides details on how to use the package for inference ...
  • Participatory Equity and Economic Development 

    Basu, Kaushik (2006-11-21)
    The role of a person’s identity and sense of integration into society as instruments of economic development has been vastly underestimated in the literature in economics. We talk of policies to subsidize the poor and give ...
  • The global child labor problem 

    Basu, Kaushik (2006-11-21)
    The problem of child labor has moved from a matter of regional and national concern to one of international debate and possible global persuasion and policy intervention. In crafting policy for mitigating this enormous ...
  • Social norms and the law 

    Basu, Kaushik (2006-11-21)
    After one eats in a restaurant, that one has to leave a tip is a social norm, and that one has to pay for the food is law. As is evident from this, both norms and the law influence our behaviour. What we say, for instance, ...
  • The role of norms and law in economics: An essay on political economy 

    Basu, Kaushik (2006-11-21)
    The THREE - HOUR stretch of road between Hazaribagh and Dhanbad in eastern India is as desolate as it is beautiful. One winter evening, some half a dozen years ago, as I was traveling ibis route by taxi to catch a train ...
  • Paradoxes of Game Theory 

    Basu, Kaushik (2006-11-21)
  • Methodological Individualism 

    Basu, Kaushik (2006-11-21)
    Methodological individualism - a belief that in explaining social phenomena we should begin from the individual as a unit of analysis - was a matter of debate and controversy a long time ago. Contemporary economists ...
  • Global Labour Standards and Local Freedoms 

    Basu, Kaushik (2006-11-21)
  • Globalisation and Babool Gum 

    Basu, Kaushik (2006-11-21)
  • Punctuality: A cultural trait as equilibrium 

    Basu, Kaushik (2006-11-21)

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