Economics and Decision Sciences
Welcome to the Department of Economics & Decision Sciences
Economics is one of the most flexible undergraduate majors, and as a graduate degree economics can open doors to new career possibilities. We have developed a set of undergraduate and graduate "tracks" designed to prepare students for some of the many careers in economics. While these tracks focus on different areas, they all retain the inherent flexibility of the economics degree that is so valued by employers. Our alumni page showcases some of the achievements of our graduates.
At both the undergraduate and graduate levels we have a number of scholarship and fellowship opportunities including Fullbrights and Peace Corps Fellowships. Our Economics Student Association involves students in educational, networking, and social activities.
The faculty of the department are commited to teaching and are actively engaged in research. The research enriches the classroom experience by encouraging faculty to bring in fresh ideas and perspectives. Faculty present their work to their peers and to our graduate students in a seminar series adding intellectual vigor to the program.
We invite you to explore our programs and contact the department with any questions. We look forward to hearing from you.
The Bachelor of Business in Economics is accredited by The Association to Advance Collegiate Schools of Business (AACSB). AACSB Accreditation is known, worldwide, as the longest standing, most recognized form of specialized/professional accreditation an institution and its business programs can earn.
Economics (Bachelor of Business or Arts)
Economics - Master of Arts
Applied Statistics and Decision Analytics
Economics Tutoring Center
Location: Stipes Hall 202
Phone: (309) 298-1513
The Economics Tutoring Center a place for students to go for assistance with homework, primarily for Principles of Microeconomics and Principles of Macroeconomics. Tutors are available during posted hours. The lab is staffed by graduate students in our M.A. program. A limited number of computers with internet access are available, though priority is given to students receiving assistance from the lab monitor. The lab also contains a number of economics textbooks and study materials.
Economics: "Why my major matters"
By: Sarah Blaase '14 MA '13 BB Economics & Sloane Levin '14 BB Economics and Finance
(from Western Courier, 28 September 2012)
Economics is interesting, plain and simple. Why do we, as consumers, buy certain products? Why does the government enact certain policies or decide to raise taxes? Questions like these demonstrate why economics is all about the study of choice. We chose to major in economics because the job opportunities are seemingly endless.
Career options for economics majors vary with lucrative opportunities in finance and banking, health care, government agencies, sales and marketing, and even the sports world has a place for economics.
Economics is not only important for our careers, but on a personal level as well. Having a strong understanding of the subject will help us become financially smarter, better consumers and more informed voters. The logic and analytical skills developed throughout the undergraduate experience are also great preparation for graduate school.
Lastly, economics is fun. Trust us and read "Freakonomics," or watch "Moneyball." As mentioned, economics provides the necessary skills to prepare one for success in graduate school or the job market. Some of the most successful businessmen like Warren Buffet and Sam Walton had degrees in economics.
Economics will simply help you better understand how the world works. Western Illinois University has a great economics department, and we encourage all students to take an economics course or attend an Economics Student Association (ESA) meeting to find out more information.
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