Economics is a social science that deals with making choices when resources are scarce. In addition to being used in business, economics is used to help the development of lower income nations, aid nations dealing with problems of unemployment, figure out the best way to improve the environment, understand why consumers buy what they buy, and explain what determines people's income.
If you choose to major in Economics, you'll take courses in microeconomics, macroeconomics, research methods, international and comparative economics, and an integrative senior seminar. You will be well-prepared to begin your career or work toward an advanced degree. And if you are considering graduate work, you'll want to include substantial work in mathematics.
Undergraduate research is a core part of The OWU Connection, and economics students participate in independent projects and research with faculty mentors throughout the department.
Students can present their research at the annual Spring Student Symposium.
From your first year on campus, you can get off campus with Travel-Learning Courses or study abroad opportunities–key parts of The OWU Connection. Journey to a distant land and immerse yourself in another landscape and culture.
Economics Management Fellows also travel to New York City and Washington, D.C.
OWU's Woltemade Center names fellows yearly; spring trip includes Fed, NYSE, and alumni.
Build your connections to the professional world with internships in diverse workplaces—from Wall Street to San Francisco investment firms.
The Economics Department offers several exciting internships, including opportunities with the Federal Reserve in Washington, D.C. Economics students frequently participate in internships from coast to coast.
OWU faculty are outstanding scholars and researchers—and passionate teachers. They will push you, challenge you, inspire you, and work with you on your own research and creative projects.
They can even pack a 3-minute lecture with ideas, insight, and imagination. Check out our unique i³ lectures.
Ten to 15 students are accepted each year into the Economics Management Fellows Program. They receive a book scholarship, special advising and class placement, and a four-day trip to New York, where they visit the New York Federal Reserve and the New York Stock Exchange.
Every year, internationally renowned speakers come to OWU, and they frequently meet with small groups of students. Since 1992, the Milligan Leaders in Business Lecture Series has brought leading business figures to the OWU campus, including Shark Tank star Daymond John in 2017. It is one of several speaker series led by the Woltemade Center.
The Woltemade Center for Economics, Business and Entrepreneurship enhances academic programs and real-world opportunities at OWU to create future generations of business and world leaders. The Woltemade Center provides unique opportunities for students studying in Economics and all OWU majors.
Corns Business and Entrepreneurial Scholars combine classroom knowledge with daily business challenges, putting them a step ahead with future employers. Corns Scholars take courses designed to develop business and entrepreneurial skills, complete internships, interact with business leaders, compete in business plan competitions, and receive $5,000 scholarships in their junior and senior years.
At OWU, Elliot was a men's tennis player, earning Academic All‑District® and ITA Scholar‑Athlete honors, and conducted ecotourism research in Iceland through an OWU Connection Theory‑to‑Practice Grant. He is now continuing his education at Lund University in Sweden, pursuing a Master's in Entrepreneurship and Innovation.
Listen to Dr. Skosples, Associate Professor of Economics, as he presents "The role of prices" in a three minute mini-lecture at the OWU I³ Lecture Series.
Economic Management Fellows at the New York Stock Exchange.
Prof. Barbara MacLeod leads a class discussion in Corns Hall.
OWU students studying environmental economics in Costa Rica.
Groups of Economics Management Fellows travel to New York City every year.
Bigelow-Reed House combines learning and living for students interested in the business world. The house, primarily for juniors and seniors, contains a variety of living options, from single rooms to suites for five students.
Omicron Delta Epsilon is the international honor society for OWU economics students.
