Economics

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Lincoln Hall Room 101
(605) 626-2400

Dr. Keun Lee; Dr. John E. Peterson

Economic reasoning provides a rational basis for practically every decision we make, such as buying a car or house, choosing among job offers, making investments, formulating optimal government policies, or managing an enterprise. The study of economics provides a thorough understanding of the functioning of our economic system and the organization and operation of business enterprise within the system. Students of economics seek to understand the decisions of businesses, consumers, and current economic issues by developing a systematic and thorough understanding of precisely how the economic system operates. Students of economics are versatile thinkers and problem-solvers who will provide leadership in the 21st century.

Economics majors gain advanced knowledge in economic reasoning and explore the major issues that confront our nation and the global community. They learn about the changing environment and life’s choices and gain competency in the areas of microeconomics, macroeconomics, monetary theory and policy, and international economics. Northern’s Economics program combines classroom discussions, simulations, case studies, and real life situations to enhance student learning.

A degree in economics from Northern State University prepares students for careers in economics, banking, insurance, brokerage, finance, corporate consulting, and government. In addition, this solid academic foundation provides successful preparation for professional and graduate programs, particularly in economics, finance, law, foreign service, labor relations, or business administration.

Career Directions

Banking
Industry
Governmental Positions
Graduate Study

Programs

• Economics (BS)
• Economics Minor

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