• Human behavior as expressed through the production and distribution of goods, services, and limited resources

You’ll enjoy the Abbey’s Economics Minor if you

  • excel in math and social sciences
  • have a disciplined and analytical mind
  • enjoy staying up-to-date on contemporary economic challenges
  • teach you to understand economic data and interpret financial trends
  • teach from published economists who have an understanding of the World Economy and how it affects businesses and governments in the 21st century

Economics affects virtually every profession in modern life and so this minor will be helpful to students no matter what careers they pursue. The program is well-integrated with other majors like business and motorsports management, making it easier for students to broaden their base of knowledge and apply that knowledge within their respective fields.

With an Economics Minor from Belmont Abbey College, you will be able to pursue a variety of opportunities, including:

  • Banker
  • Stockbroker
  • Financier
  • Economics researcher/teacher
  • Marketing and sales
  • Graduate/law school
  • Domestic and international trade analyst

The Economics department at Belmont Abbey College is very well-integrated with the History and Political Science departments, and with the study of finance in Business.

The Abbey Difference:

Guided by the tenets of Catholicism and the Benedictine hallmarks, Belmont Abbey College strives to provide its students with a well-rounded education that promotes wise and ethical decisions.
The Economics program aims to provide a comprehensive understanding of economic theory and its application to a wide variety of socio-economic issues. The department strives to develop students’ skills in effective communication, critical thinking, and problem-solving. The Economics faculty is committed to modeling and encouraging the development of honesty, integrity, and virtue in our students. Our hope is to provide an atmosphere of learning and study that will, in keeping with the highest values of a Catholic and Benedictine education, enable young men and women be both successful and virtuous, and to make the world a better place.

At the Abbey, the study of economics addresses such central societal issues as income distribution, business and financial cycles, institutional evolution, political economy, and efficiency and growth. Oral and written communication is especially important in course work. Mathematical and graphical skills are developed as well. Additionally, you’ll learn from published economists who have an understanding of the World Economy and how it affects businesses and governments in the 21st century.

VanLearS 682x1024 Economics

Dr. Bill Van Lear – Two important qualities I’ve found at the Abbey have to do with the liberal arts campus environment and the small size of most classes. The liberal arts aspect has broadened my own education and the small class size feature allows a variety of educational approaches to teaching.

Highlights of your experience:

These Economics courses highlight the sort of education you can expect from an Economics minor at Belmont Abbey College:

This course surveys the development of economic thought and how it has affected public policy. Using the work of major economists, students will trace the development of economic thought from the eighteenth century to the present day.
This class combines the themes of central banking, finance and globalization to understand contemporary conditions, placing a particular emphasis on the economies of developed and developing nations.
In this course students will cover the political, economic and financial history of the United States of America. They will examine the historical development of America’s modern economic society and institutions and analyze the effect of such development on American ideals.

Economics Resources:

Program Requirements:

Students must have completed five (5) courses in Economic theory, including EC 201 and EC 202, and must have earned a grade of “C” or better. For any student who wishes to be considered for the minor, transfer credit from another college or university cannot comprise the majority of his or her courses in Economics.

  • EC 201 Introductory Macroeconomics
  • EC 202 Introductory Microeconomics
  • Any other three theoretical EC courses

It is the student’s responsibility to see that all degree requirements for graduation are fulfilled.

Faculty:

Dr. William Van Lear - Professor of Economics
B.A., Gettysburg College
Ph.D., University of Pittsburgh

Mr. Stanley Dudko - Associate Professor Emeritus of Business and Economics
B.A., Belmont Abbey College
M.A., Auburn University