Economics is the social science that studies how societies use their scarce resources to produce goods and services. Studying economics will prepare students to identify problems and the solutions to those problems throughout their professional career. Graduates are prepared to make informed decisions in management, marketing, finance or the public sector based on economic information.

Students in the economics program study unemployment, inflation, economic growth, the distribution of income and wealth, the balance of payments and exchange rates, as well as topics related to labor, banking, the environment, health care, poverty and governing systems and policies. Learning more about economics helps students understand how businesses, workers, consumers and governments interact in domestic and international markets. 

Many economics majors elect to double major in economics and a related business or liberal arts field. An economics major from UW-River Falls has excellent employment opportunities in the 21st century.

Economics projects from April 2014 Spring Research, Scholarly and Creative Activity Day


The mission of the Economics department is to provide students with analytical, critical thinking, research and communication skills that are necessary for advancing in the public sector, the non-profit sector and the business sector or for seeking an advanced degree. 

Learning Outcomes

An economics graduate will be able to

  • Understand basic economic principles.
  • Use economic theory to critically examine problems in the U.S. and global economy.
  • Demonstrate and apply knowledge gained in the area of statistics.
  • Conduct economic research and present results.

Career Opportunities

The following job positions may be available to economics graduates:

  • Market researcher
  • Staff analyst
  • Labor economist
  • Commodities trader
  • Economic analyst
  • International trade specialist
Economics - MN Job Fair (2-20-13)

ECON 480 at the Minnesota Job and Internship Fair in 2013

The Economics department has a diverse and outstanding faculty with expertise in the areas of public finance, government regulation of business, the economics of developing countries, labor economics, the economics of discrimination, money and banking, international economics and business law. The department also has strengths in statistics and quantitative analysis. Faculty members are excellent teachers and scholars and have a strong tradition of close interaction with students.

Contact Us

College of Business and Economics
715-425-0707 (fax)
M-F, 7:45 a.m. - 4:30 p.m.
124 South Hall
410 S. Third Street
River Falls, WI 54022-5001
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