Department of Economics and Accounting
Why Study Economics at Holy Cross?
The economics department at Holy Cross is an integral part of a liberal arts education. Whether students choose to explore the wide variety of topics offered by the major in economics or simply take a few courses to augment other fields of study, they are taught the benefits of understanding the theories of economics and how they can be used to interpret current or historical events.
Professors are active professionally and are engaged in high-quality economic research programs which include Holy Cross students. The program is well respected by employers who recruit regularly on campus; and students are prepared for a wide range of careers, including consulting, finance, law, healthcare and government.
Faculty Widely Published and Cited
Faculty members conduct research over a wide range of social and policy issues, and engage with those issues in the wider public discourse as well. According to the latest rankings in Research Papers in Economics (RePEc), the department ranks No. 11 in the country among economics departments at liberal arts colleges based on publications, citations, and downloads, and ranks No. 14 in the world among all institutions in the field of sports economics.
Economics Professor Frequently Quoted in Media
Why Study Accounting at Holy Cross?
The accounting major provides students with a unique opportunity to complete a program in accounting within the environment of one of the country's leading liberal arts institutions. Although students will find that the accounting major provides the appropriate background for a career in public accounting or industry, the curriculum also permits careers in business, government and nonprofit institutions.
Students receive special opportunities for oral and written communication, critical thinking and faculty interaction, which are not typically found at larger accounting programs. By grounding the program in the liberal arts tradition, our program provides students with an appreciation for accounting as a vital information system in contemporary society.
Holy Cross Accounting Program Ranks No. 3 in Massachusetts
The accounting program ranks among the best in Massachusetts, according to Accounting Degree Review. In addition, Holy Cross is one of the few nationally ranked liberal arts colleges in the country that offers an accounting major.
Small Class Sizes
Compared to accounting programs at other institutions, class sizes are relatively small and students have an opportunity to work together on group projects, participate in microcomputer lab exercises and get to know the faculty. The majority of the faculty are certified public accountants with extensive field experience
Introductory courses in economics and accounting are available to non-majors. Students with an interest in economics should consider enrolling in ECON 199 Principles of Economics (four-hour course). This course is open only to first- and second-year students. Some courses are offered for third- and fourth-year students who are not economics majors.
Non-majors seeking an introduction to accounting should take ACCT 181 (Financial Accounting).
YouTube Channel Run by Economics Professors
Rob Baumann and Justin Svec run a YouTube channel called “econphiles” devoted to understanding current events from the perspective of economics and economic research. The videos use simple language and displays of data to help convey the results of economic analysis in a straight-forward manner.
Video topics include the causes of the Great Recession of 2008, the most consequential economic event in modern US history: whether the policy responses of the government and the Federal Reserve (the Stimulus, quantitative easing, TARP, etc.) were successful in helping the economy recover from the Great Recession; public subsidies for stadium construction; and non-compete clauses.