A building frequented by all econ majors: The International Business School.

The Economics Society at Brandeis

It is our firm belief that the understanding of certain economic principles is absolutely imperative to lifelong success. Sadly, students not pursuing the subject formally, tend to be blissfully unaware of its importance in their daily lives.

The Economics Society at Brandeis aims to stimulate an interest in the field, outside of the classroom. In fact, our prospective members include students pursuing all sorts of majors, from biochemistry to theater arts.

We strive to bridge the gap between this essential knowledge and the brilliant minds that may miss out on it, by hosting a series of fun-filled and thought provoking events. At Brandeis, a spark is all you need.

 

· Economics is currently the most popular major at Brandeis.

· The CEOs of Ebay, Microsoft and Sun Microsystems all majored in economics, along with Cate Blanchet, Lionel Richie and Mick Jagger.

· Thomas Jefferson once said “I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”

· The bottom 40 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.

Fast Facts (Updated: 8/8/2011):

· Four of the richest countries in the world with some of the highest personal income, Bahrain, Brunei, Kuwait, and Qatar, have no tax at all.

· If you only make the minimum payment each and every time, a $6,000 credit card bill can end up costing you over $30,000 (depending on the interest rate).

· The wealth required to provide adequate food, water, education, health and housing for everyone in the world for a whole year is equivalent to the amount spent on arms every two weeks worldwide.