Students who study economics will acquire the skills needed to develop an intuitive understanding of the economic environment in which they live and work. Economics teaches students how, in light of current economic conditions, to answer the question, "What's next?" This ability to comprehend how current conditions affect the future gives economics students an advantage in both the business world and their personal life. It is not possible to fully understand the fields of business, international studies, political science, sociology, psychology, geography, and others without understanding economics.
The students will gain analytical, communication, critical thinking, research, and speaking skills. In particular, students will develop a framework for observing, interpreting, and reacting to the current domestic and global economic conditions. They will learn and apply statistical techniques to data to draw informed conclusions about economic phenomena. Students understand how current economic conditions affect the future, and determine the best alternative course of action to resolve various economic issues and will be able to communicate the results of economic and statistical analyses verbally and in writing.
Economics graduates can work as Market Analysts, Financial Analysts, Research Analysts, Credit Analysts, Insurance Agents, Bank Examiners, Bank Managers, Loan Officers, Hospital & Clinic Administrators, and entrepreneurs. They can work in many work environments, such as in a corporate business world. They will have the ability to analyze problems and develop solutions that are consistent with uncertain future events. Students can work in government and are often employed by state and national government agencies. Economic graduates may work in academics in order to teach and or conduct economic research at the college level or in the non-academic work environment. Many graduates work for other international organizations, non-government organizations, not-for-profit organizations, or cooperatives.
While not required, students are encouraged to complete an internship. Internship opportunities are available with many area businesses and networking with UW-River Falls Alumni. Undergraduate research collaboration with faculty and presentations at regional conferences are also available to economic students. Students gain access and exposure to major financial data bases used in real world and important and widely used statistical software. Field experiences such as participating in the Minnesota Economic Association meetings and in the tours of the Minneapolis Federal Reserve Bank are readily available to economic students.
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.
For more information on Economics at UW-River Falls, please visit: