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Welcome to the School of Economics

A career in Economics…it’s much more than you think

Much more than finance, banking, business and government, a degree in economics is useful to all individuals and can lead to many interesting career choices. Watch this 9-minute video to see how economics can be a tool for solving very human problems.

Economics is the 4th best college major

According to Kiplinger, economics is the 4th best college major to build a career – no wonder with a profile that looks like this:

Starting salary: $51,400                                                     Mid-career salary: $97,700
Annual online job postings: 799,117                           Projected 10-year job growth: 15.3%

School of Economics Highlights 2014-15

  • $1.3 million in research funding;
  • 30 journal articles published;
  • Increased outreach/internship partnership with Maine Development Foundation;
  • New outreach partnership with the Bangor Daily News;
  • New Assistant Professor in Marine Resource Economics: Keith Evans;
  • Hiring 3 more faculty (Lecturer, Health Economist, Community Development Economist)
  • Faculty recognized with leadership and service awards;
  • Students win several research and institute awards;
  • Almost 20 undergrads hired as teaching and research assistants;
  • Over 20 economic or industry development projects (e.g., energy, dairy, tourism);
  • Research assistance to 13 municipalities and regions in Maine;
  • Increased undergrad research; new courses to increase students’ research skills;
  • SOE faculty interviewed or cited in Los Angeles Times, Boston Globe,  European Commission News Service, China Daily USA, Maine Public Radio, WABI-TV, WVOM, MaineBiz, Bangor Daily News.

UMaine ranked #4 for
highest return on investment

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School of Economics Fact Sheet