Economics examines how humans utilize limited resources, which means economists deal with all kinds of real-world problems: the budget deficit, the war on terrorism, the environment, unemployment, education -- all of these are economic issues.
Marietta's program teaches you to look at the big picture and see how it impacts business. At the same time, we stress the theoretical side of economics and the mathematical and statistical techniques you'll need. The senior capstone in economics enhances your ability to utilize the regression analysis in order to conduct an empirical test of the validity of the economic theories and share your findings with others in an oral presentation session. It's precisely this ability to apply abstract principles to practical matters that makes economists so highly valued -- according to one source, economics graduates rank in the top four of the highest salaried professionals.
Each year, our Milton Friedman Lecture brings a nationally renowned economist to campus. Past lecturers include Dr. David Friedman, professor of law and economics at the University of Chicago; Dr. Andrew Brimmer, president of Brimmer & Co; and Dr. Alfred Broadhus, President of the Federal Reserve Bank of Richmond.
At lunch meetings of the Economic Roundtable of the Ohio Valley, you'll meet and hear influential speakers like:
- R. Glenn Hubbard, Chairman, Council of Economic Advisors to the President of the United States
- Dr. James Tobin of Yale University and Dr. Lawrence Klein of the University of Pennsylvania (both Nobel laureates in economics)
- Douglas Fraser, president emeritus of the United Auto Workers
- David Brandon, Chairman and CEO, Domino's Pizza International
Visiting speakers will often meet with classes to discuss current economics topics.
Marietta faculty members and students, together with the Economic Roundtable of the Ohio Valley, produce MACRO & micro, an economic newsletter.
To major in economics at Marietta, the following courses are required:
- Principles of Microeconomics
- Principles of Macroeconomics
- Intermediate Microeconomics
- Intermediate Macroeconomics
- Applied Regression Analysis
- Practical Statistics
- Additional economics electives
- Senior Capstone Course: Empirical Research
Requirements for a Minor
Economics 211, 212, plus nine additional hours in Economics; and Statistics.
Clubs & Organizations
Marietta sponsors a chapter of Omicron Delta Epsilon, the economic honor society, which selects members from outstanding students of economics.
As an economics major, you'll also be able to take advantage of the department's extensive internship program.
Training in economics gives you the ability to work in a variety of industries -- our graduates are the best proof of this. You'll find them working as:
Senior Vice President, IBM
New Haven, CT
Senior Vice President, Mellon Bank Corporation
Partner, Goldman Sachs & Company
New York, NY
Principal Economist, World Bank
Executive Vice President, Fidelity Investment
Economist, US Department of Labor
New Brighton, PA
Director of Marketing, The Valvoline Company
Vice President, Shearson Lehman Brothers
New York, NY
The Jules Bourmorck and Julia Bourmorck Staats Memorial Scholarship provides scholarship support to a worthy and deserving junior or senior majoring in economics, management, and accounting.
The Douglas C. Greene Scholarship is awarded annually to students in the Business & Economics Department.
The Bert T. Glaze Scholarship recognizes pre-professional achievement in a rising junior or senior major in the Business & Economics Department.
The Economics, Management, and Accounting Department Scholarship recognizes outstanding scholarship in those fields. Recipients are juniors and seniors who have declared majors within the Business & Economics department and whose academic performance meets the department's requirements.