About the Department
One way to define the scope of economics is to say that it is the social science that deals with how best to use scarce resources to satisfy unlimited human needs and wants. While economists do not claim to have the answer to what humans should want, they do have something to say about how to get it. Economics is more about how to think than what to think.
Economics students become problem solvers. They learn to analyze a situation, figure out what is important and determine what can be abstracted away. The economics curriculum stresses the development of general problem-solving skills: finding, gathering and interpreting information; predicting the consequences of decisions; evaluating alternative courses of action; and analyzing the management of resources in both the public and private sectors. At the same time, economics students learn about the institutions and rules that shape daily life — the monetary system, the stock and bond markets and the regulatory system that mandates warning labels on cigarette packs and seat belts in automobiles.
Many professional economists enter government at the federal, state, or local level, either in research or policy-making positions. Some are employed by businesses, financial institutions, labor unions, trade associations and consulting firms. Still others are involved in teaching and research in colleges and universities. While an undergraduate major in economics does not lead directly to professional accreditation, it provides students with a point of view and a set of skills that will be useful in almost any path taken after the completion of the major. A major in economics is especially valuable for those who plan careers in finance, management, law, journalism, or public policy.
Accountants specialize in measuring, reporting and interpreting the financial aspects of business, governments and institutional activities. Accounting provides the information necessary to determine and evaluate both present and projected economic activities of organizations. Professional accountants develop and apply their skills in auditing, taxation, management policy, information systems, computer operations and many other areas.
Nearly half of all accounting graduates are employed by public accounting firms. The remainder join private firms, engage in research and consulting, practice in the government sector, or continue their education on the graduate level.
Programs and Courses
Programs and Courses in Economics
Administration and Faculty
Web site: http://econ.hunter.cuny.edu
Director of Accounting Program:
HEGIS Codes: 2204 (Economics), 0502 (Accounting)