At WPI, students pursuing a degree in economics approach the study of economics by using innovative computational tools. We believe students learn by doing, so the program’s strict adherence to rigorous methodological standards for economic experimentation and problem solving will give you valuable and practical skills for addressing real-world challenges.
Our hands-on approach means you’ll be exposed to the full range of theoretical and methodological approaches to economics. You’ll even build computer models simulating economic systems that aid policy analysis.
Students working toward their degree in economics complete traditional coursework in micro- and macroeconomics, theory, and applied topics, such as development economics, environmental economics, and information economics and policy.
Working closely and in collaboration with expert faculty in WPI’s Experimental Economics Lab students have space and equipment to conduct their own computerized economics experiments that can lead to innovative breakthroughs at the intersection of science and society.
If you’re interested in fields at the interface of economics and technology—such as information or engineering economics—consider a double major in the appropriate technical discipline.
At WPI we believe you learn by doing—project-based learning is at the core of our program. As an economic science major, you’ll take all you learn in a classroom and apply that knowledge to real-world problems, perhaps by helping consumers make purchasing decisions or by impacting public policy on labor markets.
Whether it’s real-world work experience through a co-op or internship, earning a bachelor’s and master’s degrees in four or five years through the BS/MS program, or integrating your coursework with your extracurricular interests through Major and a Mission, there are many ways you can make the most out of your time at WPI.
Explore the Career Outlook for Economics
If you’re considering a degree in economics, you’re likely wondering what you can expect after graduation. Check out our career outlook for economics to learn more about average starting salaries, sample job titles, companies who have hired WPI graduates, and more.
Consider a Minor in Economics
Are you interested in learning about how resources are used and distributed throughout the world? Our minor in economics gives you the chance to learn about how events are influenced by economies and resources and how to address them with sustainable solutions.
Apply Your Analytical Skills to Related Degrees
If you’re a savvy problem solver interested in learning more about key areas of business, consider earning a degree in business. You’ll have all you need to base your career on your individual interests while growing as an analytical thinker and decision maker thanks to our flexible course curriculum. More interested in mastering mathematical theory and leveraging that knowledge to solve real problems? Our degree in mathematical sciences could be a perfect fit; you’ll be able to select from a range of math courses, and even have the potential to earn your degree in five years through our BS/MS program. Have a knack for business and technology? Our degree in management information systems combines both fields to give you the skills you need to use computer technology to solve problems. You'll also learn how to forecast sales, analyze trends, and even install hardware.