Business Economics

Associate Dean: Paul Clay
Email: pfclay@fortlewis.edu

Chair: Deborah Walker
Email: walker_d@fortlewis.edu

Economists study how societies distribute scarce resources to produce goods and services. The Business Economics Major provides students with an understanding of economic principles underlying the vast business world, as well as the relationships between economics and business decision making in the national and global economies. Small classes, internship opportunities, personal attention from expert faculty, and a curriculum that balances theory and practical applications all contribute to graduates being prepared for successful graduate study and careers, including work in private business or governmental settings.

Learning Outcomes

The learning outcomes of the Business Economics Major program are designed so that students will:

Demonstrate knowledge in the field of study:
a. Objective 1 - Knowledge of the economy, the principles of economics.
b. Objective 2 - Knowledge of the definitions and terms used in both microeconomics and macroeconomics.
Employ analytical and/or quantitative tools to critically analyze economic events and policy:
a. Objective 1 - Apply the concept of opportunity cost when analyzing economic outcomes.
b. Objective 2 - Determine possible economic outcomes of a government policy.
Utilize appropriate channels of communication to effectively convey economic analysis conclusions.
Demonstrate teamwork skills by providing valuable contributions to projects produced in a collaborative environment.

School of Business Administration: Click here for more information

Minor in Economics

Economics Minor