Economics and Finance

Welcome to the Department of Economics and Finance at Franklin. The department offers a range of courses that allows for a stimulating academic environment for its students.

The department's curriculum equips students with the skills necessary to succeed in the international world of business and economics, while emphasizing the skills to develop orderly and critical thinking. It stresses both theoretical and applied concepts, quantitative and qualitative reasoning, communication skills and basic computer literacy.

We also expect our students to appreciate and draw from their knowledge of other disciplines, other cultures and other languages. The pluralistic approach taken by the department allows students to connect the content taught in the economics classes with the occurrences in the real world, thereby preparing them for diverse and challenging work environments.

Faculty

  • Edoardo Beretta

  • Poulomi Dasgupta

  • Giuseppe Colangelo

  • Andrea Terzi

Research and Initiatives

The Franklin Frank Goes Crypto

While many economics departments at universities in the United States are rushing to develop courses about quickly developing cryptocurrencies, Franklin University Switzerland took a different route by developing its own cryptocurrency designed for students, by students.

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Publication Highlights

Terzi, Andrea. “A T-shirt model of savings, debt, and private spending: lessons for the euro area." The European Journal of Economics and Economic Policies, Vol. 13 N. 1, pp. 39–56, 2016.

Terzi, Andrea. “In the absence of fiscal union, the Eurozone needs a more flexible monetary policy: A comment.” PSL Quarterly Review, Vol. 69 N. 278, pp. 279-285, September 2016.

Beretta, E. (2015). “Das Bruttoinlandsprodukt neu gedacht”, P.T. Magazin für Wirtschaft und Gesellschaft, vol. 11, n. 3, pp. 10-13.

Majors and Minors

Wall Street BullInternational Economics

The major in International Economics is designed to help students gain a broader understanding of this increasingly globalized and integrated world. The courses offered allow students to master the basic fundamentals of economics. In order to make this major more applicable for students in the real world, a special emphasis is given to economic policy issues and the different economic institutions that exist across countries. In this context, the discipline of economics is presented as a logical, and yet practical and creative field. Learn more.

International Economics with emphasis on Political Economy

The major in International Economics with emphasis on Political Economy offers students an opportunity to learn about the complex interrelationships between politics and economics and the consequent policy implications. Political economy takes an interdisciplinary approach to explore issues concerning the impact of economics on the evolution of institutions and policies. It entails a variety of approaches, including the application of economic theories to political choice, historical analysis, and models drawn from game theory to political institutions. Learn more.

International Banking and Finance

The major in International Banking and Finance is designed to promote an appreciation of the financial system and the financial decision-making process as determinants of the economic wealth of individuals, business enterprises, and nations. In an environment of high capital mobility and integrated financial markets, an international perspective is essential to the understanding of the opportunities and risks in the global arena. Throughout the program, special attention is given to the process of globalization of banking services and financial markets, the changes following the introduction of the Euro, and the causes of financial instability. Learn more.

Minors:

Projects and Activities

FranklinFrank GraphicThe Economics and Finance Department is launching a new currency in the composite world of money to support a new initiative. This currency is called the Franklin Frank (FF).

The Franklin Frank Community Engagement program invites Franklin students to contribute their time to volunteer work with local institutions and non-profit organizations in the Franklin neighborhood.

The primary goal of this program is to raise awareness among the students about the importance of service learning, as well as to contribute to strengthen our Franklin identity. The program will also create an "economy" within the Franklin community that could generate discussion about the fundamental nature of money, the mechanism of job creation, and related topics.

Students and Alumni

"In the rapidly changing world of business and finance, a great education in economics makes you truly valuable to any enterprise. Franklin's Department of Economics provides just that--not only are high-level theories of banking and economics discussed in detail, instructors focus on strategic decision making and business level analysis as well. Regardless of whether students enter large firms or start-ups, they will make a meaningful contribution to their organization and be prepared with the knowledge needed to grow in their positions. In my own career as a Business Intelligence Analyst at Sebonic Financial, the knowledge provided by my economics courses has allowed me to effectively control point-of-sale pricing for a multi-million dollar company while also positioning me to execute on the strategic growth plan. Focusing on breadth and depth of knowledge, the department trains students to excel in the modern world."

James Jasper, Class of 2011

"My experience with the Department of Economics at Franklin was both eye-opening and rewarding. I learned the importance and impact of individuals like John Maynard Keynes on modern economic thinking, and I was also taught the essentials of corporate finance and statistical modeling. By the time I graduated in 2011, I felt well-versed in how important concepts like monetary policy and stock price valuation were in international markets. Having that solid foundation helped ease the transition into my graduate studies in management at King's College London, and will no doubt help me now as I am looking to start my career."

Fahd Arnouk, Class of 2011