Economics is the social science that studies the behavior and interactions of economic agents. In particular economics examines the production, distribution, and consumption of goods and services. Do you have what it takes to major in Quantitative Economics at the U.S Naval Academy?
What will you learn majoring in Quantitative Economics at the U.S Naval Academy?
The Quantitative Economics major produces graduates who can think critically, and who can understand, explain, and apply the core principles and quantitative methods of economics to resource allocation problems, the functioning of economic institutions, and the decisions of policy makers and other economic agents within a society. Quantitative Economics promotes the review of relevant economics literature, encourages empirical testing of economic theories, and provides a forum for presenting research findings.
What opportunities are available to one who major in Quantitative Economics at the U.S Naval Academy?
Major electives in the FQE matrix provide flexibility for students to pursue complementary interests in economic theory, finance and accounting, mathematics, languages, or other related fields by department chair approval. Quantitative Economics majors often choose to minor in a language or participate in study abroad. Internships are available in Washington, D.C. at the Pentagon or at the U.S. International Development Finance Corporation (DFC). Advanced students with a strong interest in research may elect to complete the department’s Honors program, which involves working one-on-one with a faculty mentor to complete a required Honors research project. Many students in the past have also participated in a well-established summer program completing coursework at the London School of Economics.
Would you be a good fit to major in Quantitative Economics at the U.S Naval Academy?
The Quantitative Economics major provides a strong set of mid-career skills. In particular, it prepares a midshipman well for (1) attendance at service schools such as the Naval War College, (2) staff billet assignments on fleet, joint and combined staffs, (3) postgraduate training in management, national security affairs, and intelligence, and (4) future subspecialty designations in management and politico-military or strategic planning. In short, there are plenty of reasons why having a Quantitative Economics major is useful to a Naval Officer.
