Students sitting on the ground laughing

Why Economics?

An economics degree can lead you anywhere! Of course economics prepares you for business, government, finance, and banking, but a degree in economics can also lead to many other interesting careers. Watch this 9-minute video to see how economics can be a tool for solving social problems.

Economics is also a profitable degree. 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%

Why UMaine?

School of Economics – Highlights

  • Student faculty ratio of 9/1 – similar to most liberal arts colleges;
  • Average class size of 25 students (not including intro courses);
  • Almost 20 undergrads hired as teaching and research assistants;
  • The School awards over $125,000 in scholarships each year (this is in addition to university and college awards);
  • Increased undergrad research; new courses to increase students’ research skills;
  • $1.3 million in research funding;
  • 30 journal articles published;
  • Faculty recognized with leadership and service awards;
  • Students win several research and institute awards;
  • Over 20 economic or industry development projects (e.g., energy, dairy, tourism);
  • Research assistance to 13 municipalities and regions in Maine;
  • SOE faculty interviewed or cited in Los Angeles Times, Boston Globe,  European Commission News Service, China Daily USAMaine Public RadioWABI-TV, WVOM, MaineBizBangor Daily News.

Student Testimonies

Afton Hupper: Building Sustainable Food Systems


Christina Robichaud: Looking at how Aquaculture Influences Real Estate Values in the State of Maine.

See what students about the School of Economics: Kyle FranklinElyse DoyleEthan Tremblay