The Nobel Committee awards only six prizes each year. These are in chemistry, physics, medicine, literature, economics, and peace. Economics is the only social science represented. Why?
Economics has developed highly sophisticated and useful methods of analysis that make a powerful and important contribution to society. Businesses and governments at all levels produce volumes of reports and documents. It is economics that tells us what all that data means and what the implications are for our economy.
Are you interested in the workings of a business firm? Do you think that one day you would like to run a nonprofit organization like a hospital, a university, or a social service provider? There are a variety of job skills you will develop if you study economics: forecasting the future of economic performance, knowing when a business should expand or retrench, and understanding the effect of interest rate changes by the Federal Reserve System. There are jobs for people with these skills in business, in government, and in any number of the many organizations, which make up our society.
In the classroom, you will find professors who are not only well-grounded in economic theory, but can also bring to you a wide range of practical experience:
A licensed attorney and widely published author who combines the knowledge of law and economics;
An industrialist in the educational furniture manufacturing, equipment, antique restoration, and real estate rental and renovation markets;
A researcher on the impact of corporations on industry and artificial intelligence on economic modeling who also has consulted with the States of Tennessee and Oklahoma, as well as the Cherokee Nation, on the impact of an NFL team; a university; a music hall of fame; and multiple private and public enterprises;
An investor/broker who owns and manages a commercial and residential realty company, as well as a number of local apartment complexes.
Our well-thought-out curriculum will guide you in your progress toward any of the degrees available in economics: the BBA, the BBS, the BA, or the BS.