Economics is the social science that studies how societies use their scarce resources to produce goods and services. An economics major will prepare you to identify problems and the solutions to those problems throughout your professional life whether it is in business or government. You are prepared to make informed decisions in management, marketing, finance or the public sector.

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 the government 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 the April 2014 Spring Research, Scholarly and Creative Activity Day


The mission of the Department of Economics 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; and for seeking an advanced degree. 

The department also provides support to the College of Business and Economics by offering courses satisfying core and elective requirements for students in the Business Administration major and minor, and Accounting major.  In addition, the department supports the liberal arts orientation of this university by contributing courses to the general education, international studies, American diversity, and global perspectives curricula.

Learning Outcomes

An economics graduate will be able to

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

Econ 201 class projects fall 2013

Economics - MN Job Fair (2-20-13)

Minnesota Job and Internship Fair - ECON 480 (Senior Seminar)
February 19, 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 takes pride in its faculty's strengths in statistics and quantitative analysis. Faculty members are excellent teachers and scholars and have a strong tradition of close personal contact 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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