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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
Maryanne Clifford
Communication, Room 227A
(860) 465-5512
cliffordm@easternct.edu		 Secretary II
Paula Goyette
Webb Hall, Room 160
(860) 465-5292
goyettepa@easternct.edu

AACSB Business Education Alliance Member

Professor posing for photo with honor society members
Student and professor
professor talking to students during class
Economics fair exposition
professor teaching class in front of projection screen
professors and students posing

In the News

A group photo of Small Business Academy students and faculty

Local entrepreneurs attend Eastern’s first Small Business Academy

 November 12, 2025

Eastern Connecticut State University hosted a series of business courses for local entrepreneurs this fall 2025 semester. The inaugural session of the Small Business Academy (SBA) was offered by Eastern’s new Small Business Resource Center (SBRC), created in partnership with Liberty Bank and the Town of Windham.

Junior finance major Ellis Thompson (second from left) with his team at Target

Business students gain experience via summer internships

 August 25, 2025

This summer, dozens of students from the Business Division at Eastern gained professional experience through a myriad of internships. Each student exercised various professional skills they learned at Eastern and applied them on-site.

Annamaria Lusardi

‘We are our own CFO’: Stanford professor preaches financial literacy

 February 11, 2025

Eastern Connecticut State University welcomed Stanford University’s Annamaria Lusardi as the first University Hour speaker of the spring semester on Feb. 3. In her presentation, “The Importance of Financial Literacy: Lessons from Many Years of Data,” Lusardi emphasized the importance of education in financial literacy among college students and underrepresented groups.

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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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