Economics Program

The Nobel Committee awards only six prizes each year. These are in chemistry, physics, medicine, literature, economics, and peace. Economics is the only social science represented. Why?

Economics has developed highly sophisticated and useful methods of analysis that make a powerful and important contribution to society. Businesses and governments at all levels produce volumes of reports and documents. It is economics that tells us what all that data means and what the implications are for our economy.

Are you interested in the workings of a business firm? Do you think that one day you would like to run a nonprofit organization like a hospital, a university, or a social service provider? There are a variety of job skills you will develop if you study economics: forecasting the future of economic performance, knowing when a business should expand or retrench, and understanding the effect of interest rate changes by the Federal Reserve System. There are jobs for people with these skills in business, in government, and in any number of the many organizations, which make up our society.

In the classroom, you will find professors who are not only well-grounded in economic theory, but can also bring to you a wide range of practical experience:

  • a licensed attorney and widely published author who combines the knowledge of law and economics
  • an industrialist in the educational furniture manufacturing, equipment, antique restoration, and real estate rental and renovation markets
  • a researcher on the impact of corporations on industry and artificial intelligence on economic modeling who also has consulted with the States of Tennessee and Oklahoma, as well as the Cherokee Nation, on the impact of an NFL team; a university; a music hall of fame; and multiple private and public enterprises
  • an investor/broker who owns and manages a commercial and residential realty company, as well as a number of local apartment complexes

Our well-thought-out curriculum will guide you in your progress toward any of the degrees available in economics: the BBA, the BBS, the BA, or the BS.

Contact Us

John A. Hill-Professor of Economics at the Kelley College of Business

Dr. John Hill

Professor of Economics 325-670-1492

Majors

  • Economics (B.A.)
  • Economics (B.S.)
  • Economics (B.B.A.)
  • Economics (B.B.S.)

Minors

  • Economics Minor (B.A., B.B.S.)
  • Economics & Mathematics Minor (B.S.)

Why Study Economics at HSU?

Higher Earnings

The analytical skills acquired by a graduate with a business degree in economics are valuable in a variety of occupations. In fact, according to a study done by the University of Southern Florida, business economics majors have higher median earnings than any other business major.

Economics Program students at HSU job fair

Undergrad or Grad Jobs

To work as an economist, most people will need a master’s degree or Ph.D. However, some entry-level jobs – primarily in government – are available for workers with a bachelor’s degree. HSU has a good network of economics majors that support each other while at HSU and after graduation.

HSU Public Administration students in lecture hall

Engaged Faculty

Our professors have real-world experience through employment outside the university. Our faculty is engaged with students and helps them with post-college job placement.

Program Details

Required Courses

  • ECON 2331 Principles of Macroeconomics
  • ECON 2332 Principles of Microeconomics
  • ECON 3301 Inter Microeconomic Theory
  • ECON 3302 Inter Macroeconomic Theory
  • ECON 3334 Economic History of the United States (B.A. and B.B.S. degrees)
  • Or ECON 4337 Econometrics (B.B.A. and B.S. degrees)
  • ECON upper-level electives, 9-12 hours

All HSU students are eligible for the program.

In May 2016, the median annual wages for economists in the top industries in which they worked were as follows:

  • Finance and insurance – $124,660
  • Federal government, excluding postal service – $111,310
  • Management, scientific & technical consulting services – $110,900
  • Scientific research and development services – $102,000
  • State government, excluding education and hospitals – $69,170