ECONOMICS

Disciplinary Major or Minor - www.uwgb.edu/economics

 

OVERVIEW OF ECONOMICS:

Economics focuses on the allocation and distribution of scarce resources. As a social science, Economics is fundamentally about people their needs, wants and behavior, and the institutions they construct.

 

As a discipline focusing on scarcity, Economics includes the study of organizations and institutions that influence resource allocation, including businesses, governments, households, product markets, and the markets for land, labor, capital, and innovation, among others. Understanding these organizations provides insights into problems such as inflation, unemployment, government regulation, environmental degradation, poverty, and sustainable economic systems with or without growth.

 

Many students go on to graduate schools, where they receive advanced training in such fields as business, economics, law, public policy, and urban studies.

 

WHO SHOULD BE AN ECONOMICS MAJOR :

• THE PROFILE. Students who are interested in becoming an Economics major, might consider the following: they must be willing to apply skills to new situations, be practical thinkers, have enthusiasm and motivation, and be looking for a career with variety and new challenges each day.

• MINOR DECISIONS. Economics majors MUST choose an interdisciplinary minor. Many Economics majors at UW-Green Bay choose a minor in Business Administration with emphases in Marketing or Finance . Other students select minors in one of the interdisciplinary Social Science (such as Psychology ) programs, Environmental Science , Computer Science , or the Humanities.

WHAT'S UNIQUE ABOUT THIS MAJOR AT UWGB:

• DIVERSITY. The broad training received by Economics students in incentive based decision-making creates a variety of career opportunities. Furthermore, since the program blends interdisciplinary, students are served a unique mix of courses and perspectives which contributes to a richer education.

• GUIDANCE. The faculty is highly involved in the students' education, both inside and outside of the classroom. Students get the personal attention they need.

SKILLS & ABILITIES GAINED WITH THIS MAJOR:

• TOOLS YOU NEED. Students in the Economics program will gain an understanding of many necessary skills and abilities that will lead to success within this field. These include knowledge of computers, statistical principles, basic economic principles & theory, and the ability to solve problems using theory.

• CUSTOM FIT. Not only do students gain valuable skills, but they can also tailor their academic programs to t their particular strengths, interests, and career goals.

WHAT YOU CAN DO WITH A MAJOR IN ECONOMICS

The following list represents a few of the kinds of career titles for ECONOMICS majors:

 

Actuary, Auditor, Bank Officer, Bond Trader, Business Manager, Consultant, Cost Analyst, Credit Analyst, Demographer, Economist, Estate Planner, Financial Officer, Financial Planner/Analyst, Financial Reporter, Information Scientist, Insurance Salesperson, International Trade Specialist, Lawyer, Management Consultant/Analyst, Market Research Analyst, Populations Studies Analyst, Real Estate Agent/Broker, Securities Salesperson/Broker, Statistician, Teacher.

 

The following list represents a few of the kinds of businesses and institutions that employ ECONOMICS majors:

 

• Business- Industry, Transportation, Health, Labor, Private Firms

• Government- Agriculture, Business, Finance, Labor, Transportation, Urban economics, and International trade

• Economics & Market Research- Market Research Firms, Consumer goods manufacturing firms, Business firms, and Consulting firms

• Banking & Finance- Commercial Banks, Regional Banks, and Savings & loan associations

• Insurance- Insurance Firms Local and Home Offices

• Securities- National and regional brokerage firms, Discount brokerage houses, Commercial banks, Insurance companies

• Consulting- Management consulting firms, Independent consulting firms

• Teaching- Secondary public and private schools, Colleges and universities

Want to know more about the nature of the work, working conditions, earnings, training, and job outlook? Then check out the Occupational Outlook Handbook @ http://stats.bls.gov/ocohome.htm

 

LINKS TO GRAD PROGRAMS FOR ECONOMICS:

• Graduate School Guide. The comprehensive on-line guide to doctoral, masters, and professional programs. http://www.schoolguides.com

• Gradschools.com. The most comprehensive online source of Graduate School Information. http://www.gradschools.com/

• Peterson’s.com. The most comprehensive and heavily traveled education resource on the web. http://www.petersons.com/

• Or you can try any of the following search engine sites for information on the graduate school program of your choice! http://www.yahoo.com, http://www.infoseek.com, or http://www.snap.com

LINKS TO WEB SITES FOR MORE INFORMATION:

• Bureau of Labor Statistics. An independent national statistical agency that collects, processes, analyzes, and disseminates essential statistical data to the American public. Homepage @ http://www.bls.gov/

• Bureau of Economic Analysis. The nation's economic accountant, preparing estimates that illuminate key national, international, and regional aspects of the U.S. economy. Homepage @ http://www.bea.gov/

• National Association for Business Economics. Enhancing the careers of people who apply economics in their work. Homepage @ http://www.nabe.com/

• Marketing Research Association. Non-profit membership-based organization providing training and education for marketing and opinion researchers. Homepage @ http://www.mra-net.org/

• U.S. Census Bureau. The preeminent collector and provider of timely, relevant, and quality data about the people and economy of the United States . Homepage @ http://www.census.gov/

• Institute for International Economics. A private, nonprofit, nonpartisan research institution devoted to the study of international economic policy. Homepage @ http://www.iie.com/

LINKS FOR MORE HELP:

• For course listings and descriptions for ECONOMICS and other disciplines, check out UW-Green Bay’s Programs of Study page @ http://www.uwgb.edu/catalog/undrgrad/programs.htm

• More help is available on-campus at the Career Services Office at SS 1600, 465-2163. Homepage @ http://www.uwgb.edu/careers

• Contact Academic Advising at SS 1600, 465-2362. Homepage @ http://www.uwgb.edu/advising

• Another service for UW System students on the Web is UW HELP On-Line. This service provides in-depth information on the programs of the UW System. You can find them at @ http://www.uwhelp.wisconsin.edu

Updated 10/08

Maintained by the Academic Advising Office, SS 1600, 2420 Nicolet Drive, Green Bay, WI. 54311-7001