Economics

Economics is the study of rational choice and the allocation of scarce resources in light of social values and competing needs and wants. Economics is used by everyone–individuals, businesses, and governments–and examines fundamental issues faced by societies: what goods and services should be produced; how should they be produced; and how should they be distributed in today’s interconnected world.

Studying economics develops methods of thinking that can be directly applied to a wide variety of problems in many different areas. Economics graduates possess analytical and problem-solving skills that enable them to understand economic phenomena and make optimal economic decisions.

Graduates with a bachelor’s degree in economics are employed in a wide variety of jobs in both the private and public sectors of the economy. Recent economics graduates have obtained positions at Snap-On Tools, Komatsu, Modine Manufacturing, Humana Healthcare, US Bank, Northwestern Mutual, Educators Credit Union, Case-New Holland, Hewitt Associates, the U.S. Veteran’s Administration, Prudential Financial, Runzheimer International, and Johnson Bank. The economics program also provides an excellent background for graduate work in business, law, or the social sciences.

The Economics Department supports the Economics Club and participates in the College Fed Challenge, a national economics competition sponsored by the Federal Reserve Bank.

Image of UWP-Econ Club

Learn more about Economics at Parkside.

The Center for Economic Education is affiliated with the (national) Council for Economic Education and EconomicsWisconsin. The mission of the Center is to improve economic and financial literacy by providing K-12 teachers with curriculum material and professional development that will enable them to more effectively teach economics.

What teachers are saying about the Center for Economic Education

Comment from a high school teacher of economics after taking the one-credit graduate course on Environmental Economics Pedagogy:
“I have found more practical utility in this class than my previous six graduate classes combined.”

Workshop evaluation response from the Integrating Economics into Your U.S. History Classroom workshop:
“I have no economics training beyond a single course in college. This workshop enticed me because it tied a subject I avoid (economics) with a subject I teach regularly (American History). It provided me with actual lessons that I can incorporate into my classroom (8th grade American History) in a usable format. It touched on highly relevant topics, sharing information in an understandable manner. I’m not just economics ignorant, I’m econ-phobic. This workshop’s lessons prove to me that I (and therefore also my students) can benefit from economics information both historically and everyday contemporary life.”

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