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Department of Economics and Finance

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The Economics and Finance department emphasizes issues with far-reaching implications for local, national, and global economies. We facilitate a comprehensive exploration of diverse fields/subjects, such as real estate, labor markets, money management, healthcare, income inequalities, and sustainability. Our faculty underscores the development of fundamental analytical, communication, and quantitative skills, strategically positioning students for success in their future careers.

Our graduates have demonstrated excellence in various roles within financial institutions, insurance, government, consulting, and corporations. Additionally, some choose to enhance their expertise through specialized graduate studies.

The curriculum provides hands-on learning experiences and fosters a deeper understanding of the dynamic forces that continuously shape and influence the economic landscape.

Department Chair
Steve M. Muchiri
Communication, Room 227G
(860) 465-0686
muchiris@easternct.edu
Secretary II
Robin Marotte
Communication, Room 227
(860) 465-5147
marrotter@easternct.edu

AACSB Business Education Alliance Member

Professor giving a lecture
Student and professor
Audry Foster
Economics fair exposition
Students giving a presentation
professors and students posing

In the News

Pam Days-Luketich and Dante Galvez

Business students prepped to share financial literacy tips with community

March 13, 2024

Business students taking the "Financial Literacy and Our Community" course at Eastern will share what they learn about credit, debt, financial fraud and how to buy a home in a series of workshops in the community.

Steve Muchiri speaks out about teenage pregnancy at Kisii University

Steve Muchiri speaks in Kenya about teenage pregnancy

October 11, 2023

Steve Muchiri, professor of economics and finance, recently spoke at Kisii University in Kenya, presenting research and bringing attention to issues related to teenage pregnancy, intimate partner violence (IPV) and the impact of local communities on shaping young minds. His studies have shown the profound impact on subsidized female education in sub-Saharan Africa.

three high school students

High school students explore STEM in research at Eastern

June 26, 2023

Fourteen students from E.O. Smith and Windham High Schools delved into data research at Eastern Connecticut State University this past spring in a NASA Space Grant Consortium project led by faculty members Fatma Pakdil and Steve Muchiri.

Programs of Study

  • Eastern’s Economics program is a good choice for students seeking flexible skills applicable to various careers, including applied economics, market analysis, banking, policy analysis, or social sciences. The program emphasizes decision-making abilities and data analysis relevant to policy, business, and finance, also providing a robust foundation for postgraduate studies in economics, law, political science, or public administration. Our program offers a unique advantage — we are small enough that our students receive individual attention from the faculty. This personalized approach ensures a supportive learning environment, fostering stronger connections between students and faculty. Aspiring graduate-level economists are encouraged to complement their major with a minor in mathematical sciences, enhancing their application portfolio and increasing their chances of admission to top-ranking programs.

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  • Eastern’s Finance program is designed to equip students for entry into the financial services sector, corporate roles, or graduate school. Our faculty places a priority on developing analytical, communication, and quantitative skills, ensuring students are well-prepared for successful careers. To align education with specific goals, we encourage the selection of a minor – those interested in financial analysis can choose data analytics or economics, while those fascinated by global financial markets may opt for international business. What distinguishes our finance major is the distinct advantage of small class sizes, providing individual attention and fostering strong connections between students and faculty. This personalized approach empowers students with the skills and knowledge needed to excel in the dynamic and high-demand finance field.

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  • The insurance minor offers students coursework to help them prepare for a rapidly growing job market in the insurance industry. Courses offerings include risk management, life insurance, insurer operations, and commercial property and liability insurance.

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  • The only undergraduate program of its kind in New England, Eastern’s multidisciplinary Labor and Human Resources major teaches students how to evaluate issues related to work and employment relationships. With a focus on creative, analytical and critical thinking, the program offers a unique approach to complex employment issues. Students develop a critical perspective and understanding of the roles of workers, employers, unions, institutions and labor laws. Faculty members come from the Business, Economics and Psychology departments.

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