Economics
Identify problems, analyze solutions, put theory into practice.
A Field with Real World Applications
Futures in Business
Oberlin’s concentration in business prepares students for a range of pathways in entrepreneurship, technology, entertainment and more.
Learn from Academic and Industry Leaders
From invited speakers to alumni mixers, meet luminaries in policy, academia, and business.
Featured Courses
Principles of Economics
This course introduces you to the fundamental concepts of microeconomics and macroeconomics. You’ll explore how the demand and supply model determines prices and allocates resources. You’ll look at public policies that address imperfections in the economy. And you’ll learn the basics behind inflation, unemployment and the business cycle.
- Taught by
- Maggie Brehm
Money, the Financial System and the Economy
How are financial markets, financial institutions, the Federal Reserve and the economy linked? You’ll begin by looking at the role of money in the economy. You’ll learn how interest rates and exchange rates are determined. And you’ll see how monetary policy can be used to tackle recessions and address inflation.
- Taught by
- John V. Duca
Public Economics
The public sector plays a dominant role in our lives. This course uses microeconomic analysis to examine the rationale for public spending. You’ll supplement theory with discussions on relevant public policy issues (public education, health care reform, social security, and so on). You’ll also look at different ways in which governments collect revenue through taxation.
- Taught by
- Ron Cheung
Seminar in Energy and Environmental Economics
This seminar examines energy and environmental economics issues, mostly in the U.S. You’ll read and discuss a set of papers from a variety of topics, from carbon and sulfur dioxide emissions in the context of the electricity and automotive sectors, to the transition to renewable energy. As with all 400-level seminars, you’ll write an original research paper under the direction of your professor.
- Taught by
- Paul Brehm
Obies in Economics
Nobel Prize in economics awarded to Joshua Angrist ’82
Joshua Angrist ’82 has won the Nobel Prize in economics for “methodological contributions to the analysis of causal relationships.”
Recent Alumni
From Oberlin to Germany
Active in the Student Finance and Investment Club, Economics major, Maya Marrero English ’20 has been selected to participate in the Congress-Bundestag Youth Exchange for Young Professionals (CBYX) fellowship program.
A Fulbright Future
With a focus on development economics, Juliet Flam-Ross ’19 has been awarded a Fulbright-Nehru Research Fellowship in India.
Nepali Dreamers
Economics and mathematics major Bikalpa Baniya ’19 receives the Davis Projects for Peace Award for his work in Nepal.