Economics

Bachelor of Science in Business, Economics Major and Bachelor of Arts in Economics

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Why Choose Economics?

A degree in economics provides you with a solid foundation for a career in business, government, or with a nonprofit organization. In this program, you will study how societies, governments, businesses, households, and individuals create, use, manage and distribute resources.

Economists are vital in helping predict and study responses to changes in policy and market changes, an important skill in today’s changing business environment. Economists also study and help develop public policies like health care and education reform. Our program will equip you with the skills to make better decisions in a business environment, on public policy, and even in your personal choices.

Careers

Our bachelor graduates from the Department of Economics have gone on to work in businesses across many industries, in governmental agencies, and in the nonprofit sector. Our students who graduated from 2013–15 have an 80 percent placement by date of graduation and 88 percent three months after graduation. The starting average salary of those graduates was $49,300.

A degree in economics offers you great potential for career growth earnings that will increase significantly over the span of your career. Average salaries of full-time employees with a terminal degree in business economics is $75,000 and average salaries of graduates with a Bachelor of Arts in Economics are $70,000, the highest among the social science majors group, according to the Center on Education and the Workforce at Georgetown University

Our graduates work for:

  • Choice Comfort Services, INC
  • Fastenal Company
  • Hong Kong Shanghai Banking Corporation
  • LexisNexis
  • McGohan-Brabender, INC
  • ProEnergy Services, LLC
  • Reynolds and Reynolds
  • Social Security Administration
  • Sonoco Products Company
  • Sprint Corporation
  • UBS–The Bradley Financial Group
  • United Parcel Service
  • U.S. Bancorp
  • Wright-Patterson Air Force Base

Our graduates work as:

  • Account specialist
  • Claims representatives
  • Financial controllers
  • Financial reporting analyst
  • Inside sales representative
  • Investment analyst
  • Investment banking analyst
  • Marketing analysts
  • Production supervisor
  • Program manager
  • Regional sales managers
  • Sales development representatives
  • Universal bankers

Real-World Experience

You will learn from qualified professionals who actively work in the field of economics allowing you to apply your classroom education to real-world situations. Our award-winning faculty also work on cutting-edge research projects at the local, national, and global level.

Success Stories

Mathew Muhlenkamp is a Senior in the B.S.B. in Business Economics Program. Mathew was awarded an outstanding student scholarship by the Department of Economics for this academic year.  He is in the Wright State University Honors Program and is currently working on Senior Honors Thesis on the effects of sales taxes. 

Heather Carino is a Senior in the B.A. in Economic program.  She has been awarded an outstanding student scholarship by the Department of Economics for two years.  Heather is the Treasurer of the Economics Club this year and after earning her bachelor’s degree, she plans to enter our M.S. in Social and Applied Economics program in 2014.

Academics and Curriculum

View Bachelor of Science in Business, Economics and Bachelor of Arts in Economics program information (explore our newly redesigned Bachelor of Arts in Economics program changes), degree requirements, and graduation planning strategies in the Academic Catalog. View business core course requirements.

Admission

Review the admission requirements and complete the admission application. Identify whether you will be majoring in economics.

If you are a current student and wish to change majors, go to the WINGS Express major/minor change request form and change your major.  If you are an undecided/exploratory student, talk to your advisor about majoring in economics.

Program Outcomes

We offer a Bachelor of Business with a major in business economics through the Raj Soin College of Business or a Bachelor of Arts with a major in economics in partnership with the College of Liberal Arts (CoLA). If you choose the business economics program, you are required to complete a broad foundation in business courses along with completing classes focused on economics and economic issues. The economics program in the College of Liberal Arts requires you to complete the general education classes required by CoLA along with your economics courses.

Both programs equip you to pursue careers in business, government, and nonprofit sector or for graduate study in programs like economics, business, or law. Undergraduate economic majors with junior standing and at least 30 credit hours until they complete their degree can apply for a combined B.A.- or B.S.B-M.S. program. This will accelerate your path to the Master of Science in Social and Applied Economics, allowing you to take two graduate-level economic electives during senior year that will count toward your bachelor’s and master’s degree.

 


Take the Next Step

Finding the right college means finding the right fit. See all that the Raj Soin College of Business has to offer by visiting campus.