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School of Economics 1 School of Economics Why Study Economics at UMaine? Economics has a top-5 career earnings potential and top-3 job placement among college majors! (see pages 2-5) Economics is also a GREAT Pre-Law major! Our students get hands-on experience working with faculty on real-world projects, travel across the world, take ownership of their academic program, and acquire highly sought after skills (see pages 10-11) We offer great access to many internships and our students obtain full-time employment in many diverse areas of economics (see pages 12-13) We offer majors in economics, financial economics, ecology and environmental studies with a sustainability concentration, and international affairs-economics (see pages 2-8). We also offer many opportunities for students to double-major, enhance their resume, and expand their employment opportunities (see page 12-13) Courses and faculty research touch on a wide array of economic topics, many in applied areas (see page 12) Course topics and skills gained vary from analyzing data, public policy, environmental- impact evaluation, personal choices, institutional behavior, international focus, quantitative skills, and more! UMaine is home to over 200 student groups and organizations that can make college a fun experience as well as help you build leadership experience and career development employers are searching for (see page 19) Our students will be the first to tell you, everyone in the School of Economics family will have a genuine interest in your success! We are here to help you achieve your goals and hope you consider applying to be a part of our program. Contat us! All UMaine Events for the remainder of the spring have been canceled. email [email protected] to set up a virtual meeting to discuss the School of Economics Learn more at umaine.edu/soe. The University of Maine System is an EEO/AA employer, and does not discriminate on the grounds of race, color, religion, sex, sexual orientation, including transgender status and gender expression, national origin, citizenship status, age, disability, genetic information or veteran’s status in employment, education, and all other programs and activities. Please contact the Director of Equal Opportunity, 101 N. Stevens Hall, Orono, ME 04469 at 207-581-1226 (voice), TTY 711 (Maine Relay System), or [email protected] with questions or concerns. 2 COLLEGE OF NATURAL SCIENCES, FORESTRY, AND AGRICULTURE Economics WHAT CAN I DO WITH A DEGREE interests. We also advise and support students IN ECONOMICS? in the international affairs-economics Students who choose to enter the job market program, and the sustainability track in the with a degree in economics, financial ecology and environmental sciences program. economics or resource economics can expect to find well-paying jobs. In fact, economics All of our degree programs require students is listed by PayScale Inc. and Kiplinger as one to take a core set of courses, including UMaine’s ADVANTAGE of the 10 best college degrees because of high introductory and intermediate classes in salaries and job growth. Mid-career median macro- and micro-economics. After • Research opportunities pay for an economics major is $97,800/year completing the core of economics, students • Hands-on experience early (PayScale); and those with a master’s degree work closely with their academic advisers to in your program make about $20,000/year more (Kiplinger). select a set of electives. Many students obtain e projected job growth is about 14 percent. double majors and minors in other academic • Close interaction with Our graduates work in fields such as finance areas to tailor their degree to their career faculty/small class sizes and banking, health care, environmental goals. Some students select a degree • International reputation for and energy consulting, resource and small concentration, which includes economics excellence in resource and business management. e jobs are in private classes and those offered outside of the environmental economics industry, public agencies and in the nonprofit department. All of our upper-level courses are sector. Many of our undergrads pursue a small in size, promoting lively classroom • Beautiful location graduate degree in economics, law or discussions. For students thinking about • Diversity of programs business. graduate school, our new 4 + 1 degree allows undergraduate students to accelerate their WHY STUDY ECONOMICS AT UMAINE? plans by beginning their graduate degree while still an undergrad. Students can work closely with faculty members on a wide variety of research and OPPORTUNITIES TO EXCEL outreach projects related to sustainability, Students are able to work closely with one business development, state and local policy, another, or with our award-winning faculty and renewable energy. Economics is also an as a research or teaching assistant. In addition, exciting area of study with excellent prospects we connect students with our alumni who for high-paying and rewarding careers. Our provide networking opportunities and programs emphasize the development of Meet our students! professional-development mentoring. e analytical and critical thinking skills to solve economics lab is a great resource for students real problems. Courses such as quantitative who need a place to work on group projects School of Economics analysis and forecasting, econometrics and with classmates or meet with an instructor. 5782 Winslow Hall, Room 206 applied economic data analysis provide e School of Economics encourages students University of Maine students with highly relevant skills, valued in to get involved in research projects, to study Orono, ME 04469-5782 the job market. Students learn how to abroad or take part in summer internship 207.581.3154 critically analyze current business and policy programs — course credit is available for all issues in areas such as finance and banking, of these options. In recent years, our graduate umaine.edu/soe environmental economics, international trade and undergraduate students have worked with To apply: umaine.edu and economic development. businesses and communities; wind-energy engineers; town officials on a tourism survey; OUR UNDERGRADUATE PROGRAM and environmental and health agencies e School of Economics offers degree looking to protect infant health. ese Connect with us: programs in economics and financial experiences provide valuable professional umaine.edu/socialnetwork economics, with concentrations that reflect skills, work experience and are often paid. the strengths of the department and student 3 ABOUT UMAINE The University of Maine, founded in Orono in 1865, is the state’s premier public university. It is among the most comprehensive higher education institutions in the Northeast and attracts students from across the U.S. and more than 60 countries. It currently enrolls more than 11,000 total undergraduate and graduate students. UMaine students directly participate in groundbreaking research working with world-class scholars. The University of Maine offers Whether students are surveying tourists, studying the economics of the shellfish industry or working with engineers on wind power, Maine, doctoral degrees in 30 fields, representing our other classroom, provides you with valuable real-world experience. the humanities, sciences, engineering and education; master’s degrees in OUR GRADUATE PROGRAM best-practices for teaching and assessment. 85 disciplines; 90 undergraduate majors e School of Economics offers graduate Our faculty take an active role in student and academic programs; and one of the advising with a shared goal of enhancing the oldest and most prestigious honors degree programs in resource economics and policy, economics, financial economics, and student’s professional development. Faculty programs in the U.S. The university have active research programs yielding plenty promotes environmental stewardship on supports students in the ecology and of opportunities for independent research, its campus, with substantial efforts aimed environmental sciences program. We also and paid research assistantships. Strong at conserving energy, recycling and have formal dual-degree programs with the adhering to green building standards in School of Policy and International Affairs. students can get their work published in new construction. For more information Because of our active, multimillion dollar academic journals, and present their research about UMaine, visit umaine.edu. research grants, most of our graduate students at conferences. Our faculty are regularly obtain teaching or research assistantships called upon by federal and state officials, which provide free tuition, subsidized health media outlets and government and nonprofit insurance and a generous stipend. Finance organizations to share their expertise. e explore students can get experience working with faculty hold leadership and editorial board several finance officers in the area, and other positions with professional associations students can obtain paid internships with the and journals. Bachelor of Science in Maine Development Foundation and with Economics state or municipal agencies. HOW DO I APPLY? Concentrations in Visit umaine.edu for an application, as well Agribusiness Administration OUR FACULTY as information about academics and life at UMaine. Individualized Concentration e School of Economics is home to many award-winning faculty who are recognized Renewable Energy Economics internationally for high-quality instruction Bachelor of Arts in and research.
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