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The department’s mission is to develop our students’ critical thinking and communication skills to make them job ready for their chosen career path. Upon graduation, our students can use both theoretical reasoning and quantitative methods to analyze contemporary economic issues in this fast changing and complex world, including

• Why markets exist, how they function, and how the government can influence market outcomes through policy
• How economic data can be empirically analyzed using cutting edge software tools like Python and R
• Why national economies and business environment experience periods of prosperity and slow growth
• How the global system of international trade and finance operates and why today’s trade patterns have emerged
• How environmental issues are framed by economists and how market-based policies can be used to correct externalities
• How monetary, banking, and financial systems operate in a modern economy
• How employment and wages are determined in the labor market
• Why some nations and regions are highly developed while others are mired in poverty

The department’s vision is to create a supportive and inclusive teaching and learning environment where our students realize their full potential and develop into successful professionals, and, together with faculty, contribute to a global and dynamic world.

Some students will choose careers in industry or government upon graduation, while others will choose to pursue further graduate education.

The Economics Club is a student-run organization open to all students interested in economic studies and the economy. We gather to discuss current economic events, host economics-related gatherings to network for internships and jobs, and each semester we take a networking/professional trip to Washington, D.C.

The Economics Club is where everyone, regardless of their major, can come together to share economics-related information, explore the field, and connect through shared experiences. Understanding economics is crucial, and we are here to help you explore your interests. Currently, the club advisor is Prof. Silvana Chambers. If you have any questions about our club activities, please get in touch with the club president, Darby Trout (dtrout1@gulls.salisbury.edu).

We Offer The Following Opportunities:

• Social activities
• Discussing economic events
• Fall and Spring Washington D.C. networking/professional trip
• Job opportunities information sessions
• Volunteer opportunities
• Alumni events
• Faculty members’ research presentations

Economics Club Schedule (PDF)

(ODE) is the International Honor Society in Economics.

It is one of the world’s largest academic honor societies, with 717 chapters in the United States and worldwide. Omicron Delta Epsilon’s objectives are to recognize scholastic attainment and honor outstanding achievements in economics.  Since the installation of Maryland Xi chapter (Salisbury University) in 2003, over 150 ³ÉÈ˶¶Òõstudents have been inducted to this prestigious honor society.

Admission Requirements:

• Completion of 12 credit hours of economics courses;
• Attainment of a GPA of 3.0 or better in economics courses and an overall GPA of at least 3.0;
• The student has a significant interest in the study of economics.

Latest inductees in Spring 2024:

The Economics Department organizes regular networking and professional trips to Washington, D.C., offering students a unique chance to immerse themselves in the heart of policy-making and economic discourse. These trips include visits to businesses, banks, and government agencies, bridging the gap between academic learning and practical, real-world applications and providing students with firsthand experience in economics.

Objectives:

• Enhance Professional Networks: Connect with economists, policymakers, and industry professionals.
• Gain Insight into Economic Policy Making: Understand the formulation and implementation of economic policies.
• Explore Career Opportunities: Discover various career paths in economics and related fields.
• Develop Professional Skills: Improve networking, communication, and professional etiquette skills.

Salisbury University has been participating in the (a team competition for undergraduate students) organized by the system. Teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeling the Federal Open Market Committee.

Past ³ÉÈ˶¶Òõteams have done very well, winning the Fed Challenge and later finishing as a finalist at the regional competitions. Students who have participated the College Fed Challenge benefited tremendously from this unique experiential learning opportunity. Some of them continued with their graduate studies and earned doctoral degrees in economics. Some are now senior economists in the federal government and U.S. Congress, directly helping shape the national economic policies.

The Department faculty members also supervise students’ research projects, some have been presented in ³ÉÈ˶¶ÒõUndergraduate Research Conference (SUSRC). The topics include:

• Effects of Protected Areas on Human Migration
• ChatGPT and the U.S. Labor Market Analysis
• The conventional monetary policy (i.e., interest-rate targeting) and macroeconomic considerations that underlie the tug of war between interest-rate hike and interest-rate cut?

We celebrate students’ outstanding achievements and recently hosted an annual recognition event on May 2, 2024.

Outstanding Senior Award: Each year, the department faculty select one outstanding graduating senior from each of our degree programs: 

• Outstanding senior for Business Economics (BS): Brady Smith
• Outstanding senior for Economics (BA): Daisy Holder

Omicron Delta Epsilon (ODE) Inductees: 

• Brianna Agwo
• Kendall King
• Samuel Brookbank IV
• Brady Smith
• Natalie Brown
• Eli Johnson

Visit the Omicron Delta Epsilon page

Scholarship Winners:

• Scott N. Ralston Memorial Scholarship for Economics major: Darby Trout, Business Economics
• L. Fleming Scholarship: Eric Augustine, Business Economics and Accounting double major