ChooseWhy Choose This Program?

Why Study Economics at Goucher?


Relatively few tools of analysis are needed to study shortages and rationing, exchange rates and speculation, inflation and recession, money and prices, and monopoly and competition, as well as such social and political issues as pollution, energy, airport congestion, mass transit, the delivery of medical care, and even the personal choice of career and lifestyle. Economic theory can clarify and systematize thinking on these matters, and it is the place of economics in the liberal arts curriculum to train students in the use of analytical tools.  Read more

LearnWhat Will You Learn?

What Will You Learn?


The economics curriculum exposes students to the intellectual, historical, and institutional context of the discipline, integrating their study of economics with their liberal education as a whole. Economics courses train students to think analytically about economic and social problems and rationally about personal, public, and business decisions. Economics consists of a structured body of analytical principles that can equip the student with a logical, consistent approach both to the great issues of our time and to the everyday choices that confront consumers, political leaders, businesses, and all individuals.

DoWhat Will You Do?

What Will You Do?


Our economics students think analytically about economic and social problems and rationally about personal, public, and business decisions. Our students have interned at organizations such as the United Nations Economic Commission for Latin America and the Caribbean, and, after graduation, many attend top graduate programs, such as the London School of Economics. Our economics majors are successful in a wide variety of careers once they graduate from Goucher. Although various roles in businesses are most common, our economics majors are also successful in law, medicine, government, nonprofits, and international relations, as well as in academic roles.

Faculty

Major & Minor Program Coordinator
Gina Shamshak, Associate Professor of Economics: Applied microeconomics, environmental and natural resource economics

Full-Time & Half-Time Faculty
Steven Furnagiev, Assistant Professor of Economics: International finance, macroeconomics, time-series and applied econometrics, history of economic thought

Gina Shamshak, Associate Professor of Economics: Applied microeconomics, environmental and natural resource economics

Professor Emerita

Lydia Harris, Emerita Professor of Economics: Applied microeconomics

Study Abroad

Goucher economics students gain a global perspective that enhances their course of study. Students may choose three-week intensive courses led by Goucher faculty or semester programs suited to their academic plans. Listed below are programs that economics majors or minors have chosen in the past.

Visit the Office of International Studies website for more information about these and other programs.

University of East Anglia (Norwich, United Kingdom)

The following courses at UEA are equivalent to Goucher College economics courses:

UEA Courses

Goucher Courses

ECO-1A06: Quantitative Methods EC 206: Economic Statistics
ECO-2A05C: Principles of Macroeconomics EC 217: Intermediate Macroeconomics
ECO-2A07C: Principles of Microeconomics EC 216: Intermediate Microeconomics
ECO-2A11C: The European Economy (coursework only) 200-Level Elective Credit

 

Danish Institute for Study Abroad (Copenhagen, Denmark)

The following courses at DIS are equivalent to Goucher College economics courses:

DIS Courses

Goucher Courses

Economic Theories of Globalization 200-Level Elective Credit
Transition Economics: Chinese and Russian Reform Strategies 200-Level Elective Credit
Economics of Sports 200-Level Elective Credit

 

Macquarie University (Sydney, Australia)

The following courses at Macquarie are equivalent to Goucher College economics courses:

Macquarie Courses

Goucher Courses

EC 141: Introductory Econometrics EC 320: Econometrics
EC 235: Economic Development 200-Level Elective Credit
EC 240: Labour Market Economics 200-Level Elective Credit

 

University of Cork (Cork, Ireland)

The following courses at UCC are equivalent to Goucher College economics courses:

UCC Courses

Goucher Courses

EC 3121: Econometrics EC 320: Econometrics
EC 2151: Economics of Social Policy 200-Level Elective Credit
EC 4171: Economics of Integration-Europe 200-Level Elective Credit
EC 3202: International Money and Finance 200-Level Elective Credit

 

Yonsei University (Seoul, Korea)

The following courses at Yonsei University are equivalent to Goucher College economics courses:

Yonsei Courses

Goucher Courses

ISM 4804: Economic Development 200-Level Elective Credit

Opportunities & Internships

Research Opportunities


Summer Research Opportunities
Students have the opportunity to participate in the Goucher College Summer Science Research Program.

Independent Study Research Opportunities
Students also have the opportunity to conduct research during the academic year through independent study projects. Examples of past projects include:

  • Blue crabs: Their management and their future in the Chesapeake Bay. (Michael Siers, Class of 2010)
  • The Economic Forces behind a Structural Change in the United States Agricultural Industry.(Kelley Moran, Class of 2011)
  • The Economics of Baltimore Food Systems (Ellen Bast, Class of 2014 and Gretchen Funk, Class of 2013)


  • Honors & Awards


    Click here to learn more about Economics honors and awards.

Internship Opportunities


Internships are a very important facet of the curriculum at Goucher College. As such, the economics faculty members consider well-structured internships to be essential to a student's education. The department sponsors both full- and part-time internships in industry, banks, and government agencies. Most internships are in the Baltimore-Washington area. The variety of internships that have been completed under the supervision of this department is evidence of the flexible and creative applicability of degrees in economics.

 

 

Internships


Internships help students explore possibilities, apply classroom learning, and gain experience. Explore internships and credit options.

Student Employment


Student employment connects students to both on and off-campus opportunities. The Career Development Office provides resources and support to students with or without Federal Work Study to find jobs, submit applications, and learn more about the job search process. Students have access to Goucher Recruit — an online site for job postings and job fair events.

Major & Career Exploration


Exploring career options, choosing a major, and making career decisions is a multi-step process in which all students are encouraged to engage early and often. Goucher students have a variety of resources available through the Majors and Career page to assist them in this process.

Job Search


A Goucher education prepares students for today’s job market and beyond. Students can explore job opportunities and access job search resources through the CDO Job Search page.

Graduate & Professional School


Students access resources for searching and applying to graduate and professional school through the CDO Graduate and Professional School page, through faculty and staff members, or utilizing their own resources, network and tools.