Innovative programs help you prepare for many careers and graduate school.
Economics at Ship
Economics is a social science concerned with explaining and predicting events in a world of limited productive resources and unlimited human desires. In this context, the economist analyzes problems relating to choice, equity, and efficiency from an individual as well as from a social standpoint. Globalization, changing technology, pollution, unemployment, inflation, economic growth, business forecasting, banking, taxation and poverty are only a few of the topics dealt with by economists.
The faculty at Shippensburg is committed to quality teaching and to meeting the needs of the individual student. Economics electives are offered in a wide variety of areas, and class sizes are generally small, permitting individual attention in a seminar atmosphere. These advantages are not found at many large institutions. In addition, full-time faculty members who hold advanced degrees from leading universities teach all classes. These faculty members enrich their teaching by actively engaging in professional research as evidenced by numerous articles in leading professional journals. The faculty also renders numerous services to the local and extended community. A combination of dedication to the highest principles of scholarship and of a faculty and staff concerned with the quality of higher education creates an environment conducive to learning and to the full development of the well-rounded student.
Admission and Degree Requirements
Students receive a Bachelor of Science in Economics within a liberal arts context. It is ideal for students who find economics interesting and challenging, yet also desire the broadening experience of an arts and sciences education. Students take 27 credits of economics and 93 credits in a variety of other disciplines. This program provides students with a strong analytical and social science background and, therefore, with considerable flexibility for employment in business, government, banking, and many other fields. It also provides excellent preparation for graduate and professional study, notably in such areas as law, business, public administration, and, of course, economics.
In order to highlight the relationships between certain disciplines and majors, students pursuing a BS in economics have the opportunity to combine their economics program with courses from other departments. Combinations are available between economics and the following areas:
- Political science
- Public administration
- Social science
Students in these programs will graduate with a BS in economics and a concentration in one of the other fields of study. The specifics of each concentration vary, but with the exception of the Social Science concentration, students would also earn a minor in their additional field. The BS in economics with a minor in an appropriate field will appeal to students intellectually and will serve as appropriate preparation for careers and graduate school.
The minor in economics requires students to take a total of 18 credits in economics courses. The economic minor has advantages for both business majors and non‑business majors. Minoring in economics may be a smart move, career wise and academically.
For business majors, the minor in economics provides a liberal arts component to complement the business degree. Many employers are seeking students who can think about business problems in a broader context. They also seek graduates with problem solving and analytical abilities. A minor in economics demonstrates breadth, analytical ability, willingness to take courses that are challenging, and an understanding of the method of a social science.
Economics is a relevant major for students preparing for a career in business, law, and many other fields who prefer a liberal arts education. The minor in economics provides some of the same background, but with less depth. With proper advisement, a minor in economics can provide the economics prerequisites for an MBA program, or for graduate work in economics.
Careers in Economics
In addition to receiving excellent preparation for graduate study in many fields, students who successfully complete one of the economics programs have a wide range of excellent employment opportunities open to them in business, teaching, and government.
Medium- and large-size corporations frequently recruit persons with degrees in economics for their management training programs. This results from the belief that the study of economics provides an individual with a broad background and analytical ability that are important prerequisites for advancement into top management. While economists are also recruited in the private sector to engage specifically in economic research and economic analysis, such positions frequently require an advanced degree.
Local, state, and federal governments currently offer a wide variety of challenging positions for economists and in such allied professions as urban planning and environmental analysis. Recent federal concerns, such as those revealed in the National Environmental Planning Act and the Occupational Health and Safety Act, have intensified the demand in all levels of government for economists.
Students can supplement their classroom study by gaining valuable work experience with an internship. Students have recently interned at Orrstown Bank, Keystone Health, Merrill Lynch, Wilson College, Footlocker.com, and the City of Reading.
Students are also encouraged to participate in campus clubs and activities such as Economics Club, Omicron Delta Epsilon (national honor society in economics), Fed Challenge (annual intercollegiate student competition sponsored by the Federal Reserve), or become a University Learning Center tutor.