• Human behavior as expressed through the production and distribution of goods, services, and limited resources
You’ll enjoy the Abbey’s Economics Program if you

  • excel in math and social sciences.
  • have a disciplined and analytical mind.
  • enjoy staying up-to-date on contemporary economic challenges.
  • seek a major with great career opportunities that also engages the mind philosophically, historically, and empirically.

  • 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 as a student, it develops analytical reasoning through formal modeling and historical interpretation. Economics majors receive strong preparation for graduate study in Economics, law school, or MBA programs.
With an Economics degree 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 Abbey Difference:

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 to 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. You will learn from published economists who have an understanding of the World Economy and how it affects businesses and governments in the 21st century. A degree in economics will prepare you for a career in finance and insurance, the federal government, scientific research and development services, management and consulting, and state and local government. Economics is also a field that statistically results in some of the highest paid positions.  

Implementation Date: January 2019

Program Requirements:

Required Courses:

  • EC 201: Introductory Economics I
  • EC 202: Introductory Economics II
  • MA 151: College Algebra
  • EC/BU 306: Quantitative Analysis OR
    MA 208: Statistics
  • EC 316: Intermediate Macro
  • EC 317: Intermediate Micro
  • EC/TH 352: Business Economy & Catholic Social Thought
  • EC 408W: Economics Seminar

Elective Courses*:

  • EC 307: Money and Banking
  • EC 355: Political Economy
  • EC 400: History of Economic Thought
  • EC 401: Economic History
  • EC 410: Business and Society
  • EC 424: Public Finance
  • EC 440: International Economics and Finance
  • BU 453: Internship
  • EC 490: Senior Thesis
  • BU 310: Finance
  • BU 311: Financial Management
  • BU 335: Personal Finance and Investments
  • BU 411: Financial Investments
  • ET 303: Financing New Ventures
  • ET 300: The Entrepreneur
  • BU 402: Labor Economics and Compensation
  • BU 422: Health Care Economics
  • PH 301: Ethics
  • MA 205: Calculus for Managerial and Social Sciences OR
    MA 201: Calculus I
  • MA 305: Advanced Statistics

*Must complete four elective courses.

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

Required Courses:

  • EC 201: Introductory Economics I
  • EC 202: Introductory Economics II

Elective Courses*:

  • EC 306: Quantitative Analysis
  • EC 307: Money and Banking
  • EC 316: Intermediate Macro
  • EC 352: Business Economy & Catholic Social Thought
  • EC 355: Political Economy
  • EC 400: History of Economic Thought
  • EC 401: Economic History
  • EC 408: Economics Seminar
  • EC 410: Business and Society
  • EC 424: Public Finance
  • EC 440: International Economics and Finance

*Must complete three elective 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

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.

Dr. Gary J. Scott
Professor and Chair, Department of Business & Economics
B.A., Bowling Green State
M.A., Bowling Green State University
Ph.D., University of Notre Dame

Mr. Michael Szpindor Watson
Assistant Professor of Economics
B.A., Indiana University, 2010
Ph.D. (candidate), George Mason University

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