Economics
Economics is the study of how and to what extent a society uses its scarce resources. Knowledge of economic theory, history and institutions helps students understand important policy areas such as labor markets, banking, taxation, business cycles, health care, international trade and finance, environment, law, urban development and antitrust actions. These economic principles are important in making effective personal and business decisions.
Why study economics?
- The study of economics helps us understand and find ways to resolve complex problems including inflation, homelessness, pollution, energy shortages and government deficits.
- It prepares you for a broad range of employment and career opportunities including banking, forecasting, economic analysis, insurance, management, community/ economic development or in various levels of government.
- It is solid preparation for law school or graduate studies in economics or related areas.
- Business Economics: Starting salary for an economics/finance trainee with a bachelor's degree is $35,219. (Source: National Association of Colleges & Employers.)
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Learn about the advantages of studying economics at UW-Eau Claire. |
Career options
Positions held by UW-Eau Claire economics graduates include:
- Bank auditor
- Banker
- Staff economist
- Lawyer
- University professor
- Insurance underwriter
Undergraduate programs
The department of economics offers:
Major
- Economics – liberal arts: recommended for students interested in attending graduate/ law school or starting non-business careers.
- Business Economics*: recommended for students who want a wide range of career options and want to start a career in business immediately after graduation. (opportunities overlap for the above major)
- Economics – teaching major: recommended for students interested in teaching with a 6-12 middle/ secondary certification.
Minor
- Economics – liberal arts
- Economics – teaching, which leads to a 6-12 middle/secondary certification
*comprehensive major – requires no minor (offered in partnership with the College of Business)
High school preparation
- Be comfortable using a personal computer and have some knowledge of word processing, spreadsheet, graphics and data management software.
- Participate in activities that give you teamwork and leadership experiences.
- Enroll in courses and/or participate in activities that develop your oral and written communication skills.
- Participate in organizations and/or work experiences that let you experience how a business operates
- All students who enroll at UW-Eau Claire are required to have a minimum of 17 college preparatory units including:
– 4 years of English (at least 3 composition and literature)
– 2 years of a single foreign language
– 3 years of math (algebra, geometry, 1 advanced college preparatory math)
– 3 years of natural science
– 3 years of social science (1 must be world or American history)
– 2 additional units in the areas already mentioned or other academic areas
Freshman course work (sample first year)
Fall semester
- Econ 103, Principles of Microeconomics, 3 credits
- Foreign language and/or math, 4 credits
- Engl 110, Introduction to College Writing, 5 credits
- Humanities or social science elective, 3 credits
Spring semester
- Econ 104, Principles of Macroeconomics, 3 credits
- Foreign language and/or math, 4 credits
- Acct 201, Principles of Accounting, 3 credits
- Laboratory natural science course, 3-5 credits
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