Economics - BA, BS

Economics is the study of markets: how goods and services are produced, distributed, and consumed. Economists examine how people and businesses make decisions to allocate scarce resources. In economics, we study questions as diverse the causes of labor market discrimination, how to improve education for women and girls, why recessions occur, and business profitability. Studying economics at St. Kate's will challenge students to think critically and apply a rigorous empirical lens to a wide range of issues. Students will develop and refine their analytical abilities to interpret or produce business insights, policy briefs, or scholarly research.

Outside of the classroom, our department works to provide all students with opportunities to enhance their St. Kate’s experience and increase the value they bring to organizations following graduation. Economics Club is an outlet for students to engage with other passionate peers and local events. Moreover, economics majors can gain practical experience through a capstone research project or an internship. In recent years, our department has had many student-faculty research collaborations on issues ranging from development in the Middle East and North Africa to local education policy. Students have presented their work at national conferences such as the Population Association of America (PAA) and the National Conference on Undergraduate Research (NCUR). Internship opportunities in the Twin Cities area provide students with applied experiences at large and small organizations, including Aeon, Wells Fargo, 3M, American Red Cross, Ramsey County, National Housing Resource Center, Sun Country and the Minnesota Department of Transportation.

Career opportunities in economics are lucrative and will remain strong in the future, especially for women with solid quantitative backgrounds. Economics majors earn an average of 17% more than business majors in their first jobs and 36% more by mid-career. Graduates have accepted jobs at institutions such as Wells Fargo, Retek Corporation, Merrill Lynch, St. Paul Travelers, Ecolab and First Bank. Some alumnae continue on to graduate programs in economics, public policy, law, business administration or business analytics. Others have passed the U.S. State Department services examination and entered into diplomatic careers.

Economics programs play an integral role in empowering women in our society, thus playing a crucial role in fulfilling the mission of St. Catherine University to lead and influence. As economically educated women, students will understand, analyze and participate in decision making. Students will become active citizens utilizing their leadership potential.

 

See also: Financial Economics, International Business, and Economics, Education - Social Studies with Grades 5-12 Teaching Licensure (for those interested in teaching economics in secondary schools)

This major is offered in the College for Women only.

Curriculum

NOTE: Students who transfer economics courses worth fewer than four credits may need to take more than nine economics courses to reach the 36 credit minimum

ECON 1090Statistical Analysis for Decision Making4
ECON 2610Principles of Microeconomics4
ECON 2620Principles of Macroeconomics4
ECON 3050Quantitative Impact Evaluation: Applied Research Skills4
ECON 3610Microeconomic Theory4
ECON 3620Macroeconomic Theory4
Three additional 3000- or 4000-level courses in economics, chosen with the help of an advisor12
Total Credits36
Supporting Work
One mathematics or statistics course chosen with advisor4
Total Credits4

Students who plan to pursue graduate-level studies in economics are encouraged to pursue a minor in math or statistics.

Economics majors satisfy the Writing Requirement for Majors by completing at least one writing intensive course in economics, generally by selecting ECON 3480W International Economics: Trade and Immigration as one of their upper level courses. They complete the liberal arts core Writing Requirement with three other writing-intensive courses (CORE 1000W The Reflective Woman or CORE 2000W The Reflective Woman, CORE 3990W Global Search for Justice, and any other writing-intensive course in this or another department).