This website is best viewed in a browser that supports web standards.

Skip to content or, if you would rather, Skip to navigation.

Northwest Missouri State University


Economics

The Melvin D. and Valorie G. Booth College of Business and Professional Studies participates in the undergraduate research program sponsored by the University. Students may become involved in research projects on an individual basis or as a part of a class project. Recent undertakings have covered a range of topics including development of a resource manual for the Internet, feasibility studies and internationalization of the business curriculum.

For more detailed information concerning the degrees offered by Northwest Missouri State University, please visit the Undergraduate Catalog online.

Career Opportunities

Career Opportunities in Economics include opportunities in areas such as Consulting, Business Management, Entrepreneurship, Government Service, and Local or Regional Economic Development.

According to a recent salary study by the National Association of Business Economists (NABE), individuals with an Economics degree earned a starting salary 15% higher than the average starting salary of all other business majors.

Additionally, Economics majors earn 3.3% higher average annual salaries over their careers than other business majors.

Studying Economics at Northwest

Many students incorrectly assume that you should major in Economics only if you want to be an economist. Wrong! Most Economics majors have no intention of becoming economists. Economics is an excellent discipline for anyone who wishes to improve his or her critical thinking or analytical skills. The measure of your education is not the body of facts that you collect but rather the techniques or skills that you learn.

Degrees and Majors in economics include a Major in Business Economics or a Major in Economics and a minor in Economics. Obviously, there are students who major in Economics alone, but the majority of Economics students are combining two fields of study. Many students study Economics and Geography. Economics is also a good companion to Sociology because a lot of social issues and poverty issues overlap. Economics and History are a good match too, because many major events in history were the result of economic forces. Students who like to analyze data would probably want to take Economics in conjunction with Mathematics and Statistics. Alone, Economics makes an excellent foundation for law school since it provides the analytical framework so essential for legal reasoning. In combination with a major or minor in Government, the two disciplines establish a "killer" background for law school.

Internships in Washington, D.C. or in a foreign country such as Poland or the Czech Republic are available for Economics students. These internships offer great experience and real world experience in the field of Economics.

Trent Skaggs, a former participant of the program said of his experience: "You saw a need for new ideas, not necessarily new but American ideas and what the American process was," he explained. "They want help from the Americans more so than any other."