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Omicron Delta Epsilon

Omicron Delta Epsilon

Omicron Delta Epsilon, the International Honor Society in Economics, charters a chapter at Providence College. Those students who maintain honors work in economics are eligible to join. A banquet for inductees and their families is held each year.

The requirements for junior and senior economic majors for admission include the following:

  • Completion of the five core Economics courses (ECN 101, ECN 102, ECN 201, ECN 202, ECN 214) in the several Economics concentrations with a grade of at least “B” in each of those courses.
  • An overall average of a “B” or better in all Economics courses.
  • An overall average of “B” or better in all courses. 

Objectives of Omicron Delta Epsilon

The following are the most important objectives of Omicron Delta Epsilon: first and foremost is the recognition of scholastic attainment in economics; second is the recognition of outstanding achievements in economics on the part of economists at all levels; third is the establishment of closer ties between students and faculty in economics within their own colleges and universities; fourth is the establishment of closer ties between students and faculty in economics on all campuses; fifth is the publication of an official journal; and sixth is to emphasize the professional aspects of economics as a career field for service in the academic world, business, government, and international organizations.

The Philosophy of Omicron Delta Epsilon

Omicron Delta Epsilon is dedicated to the encouragement of excellence in economics. It encourages devotion on the part of its members as economists to the advancement of their science and to the scholarly effort to make freedom from want and deprivation a reality for all mankind.

The History of Omicron Delta Epsilon

Omicron Delta Epsilon, one of the largest academic honor societies, was established in 1963 as a result of a merger of two honor societies; Omicron Delta Gamma (founded in 1915 by Professor John R. Commons at the University of Wisconsin and Frank W. Taussig at Harvard University); and Omicron Chi Epsilon (founded in 1956 by Prof. Alan A. Brown when he was a student at the City College of New York). It became an International Honor Society in Economics in 1969. Since that time, a number of chapters throughout the world have been added.