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Business Administration - Economics

About

At its most basic level, economics is a science of resource use. Everyone needs food, shelter, and clothing. After this, people want cellphones, books, clean water and air, health care, a fancy car, and the latest in golf clubs. The list of what people want is extensive. In microeconomics, we consider what motivates people to buy what they buy, and what motivates them to work. Additionally, the business practice of transforming resources into output and measuring what this costs is considered. Microeconomics also answers questions about monopolies in production, air and water pollution, and the price fluctuations of gasoline. In macroeconomics, the concern is about the larger economy with a primary focus on nationwide economic growth, full employment, and price stability. You’ll study public policy questions, the impact of tariffs and quotas, monetary and fiscal policy, antitrust and labor laws, and many other policies. With a degree in economics from Wayne State, you’ll be ready for a career in business, industry, government, or even law.

Sample Program of Study

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99.8% of WSC grads are employed or in grad school

Percent of recent WSC graduates employed or in graduate school
based on the most recent graduate survey

Fast Facts

Degrees offered: B.A., B.S.


Hours required:
For concentration: 48
General education: 41
To graduate from WSC: 120


Popular pairings: International Studies, Management Information Systems, Political Science, Math, Spanish, Pre-Law, Finance


School: Business and Technology


Department: Business and Economics


Accreditation: International Assembly for Collegiate Business Education


Awards and rankings: Our MBA program is ranked in the Top 5 Online Business Degrees by Best Master’s Degrees; and third out of 97 institutions by GetEducated.com.

Business Scholarships

In addition to having the region’s most affordable tuition, we offer thousands of dollars in scholarships every year.  Learn more about scholarships for your economics degree at Wayne State College.
 

Our Focus is Results

Wayne State has the keys to your success and offers just what you need to become well prepared for the real world.

Skills

Skills Learned

  • Concepts and principles of economics
  • Global and domestic economic theory
  • Policies and impact on trade, labor, banking, etc.
  • Financial function within a business
  • Business management and leadership
  • Legal and ethical standards of business
  • Principles of business marketing
  • Presentation and public speaking
  • Oral and written communication
  • Computer literacy and competency
  • Organization and time management

 

Careers

Possible Careers

  • Economist
  • Accountant
  • Financial advisor
  • Market analyst
  • Banker / loan officer
  • Statistician
  • Stockbroker
  • Economic development planner
  • Real estate agent
  • Insurance agent
  • Actuary

Employers

Employers

  • Businesses and organizations
  • Banks and financial institutions
  • Government / federal agencies
  • Investment companies
  • Insurance companies
  • Accounting firms
  • Insurance companies
  • Real estate companies
  • Manufacturing companies
  • Schools, colleges, and universities

 

Learn from the Best

Our faculty are accomplished, with 85% of our full-time faculty having the highest degree in their field.  Several are highly regarded as experts and have been recognized with notable honors and awards.  And with a low student-to-faculty ratio, you’ll be sure to receive an excellent education in a personalized setting with a friendly atmosphere.

Outside the Classroom

At Wayne State College, you’ll have opportunities to enhance your education by participating in clubs, organizations, internships, and more.

Student clubs and organizations

Clubs and Organizations

WSC Service Learning

Service-Learning

Make a difference in the community while learning skills you can apply toward your future career. Wayne State’s Service-Learning program has received national awards in recognition of outstanding community service, with more than 400 students participating in Service-Learning projects each semester.

Business Student Activities

Opportunities

  • Business Competition Day – Show your leadership skills by helping to facilitate and judge this annual competition, where hundreds of students from Nebraska and Iowa high schools compete for a chance to win scholarships.
  • Executive in Residence - Meet corporate pros at this annual event and address real-world concerns, including topics such as business ethics, corporate culture, leadership, and the changing world of business.
  • Study Abroad - Earn credit toward your degree while experiencing exciting global adventures overseas.
Student Teaching and Clinical Practice for Education Majors

Internships

We encourage all students to complete an internship before graduating with a degree in economics.  You are not required to complete an internship; however, Career Services is available to help you find internship and employment opportunities if you wish to do so.


 

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