Business Economics

Economists focus on how businesses, governments and other organizations determine the best allocation of limited resources to satisfy people’s wants and needs. They’re analytical thinkers who enjoy digging into research, gathering data and studying economic models and theories to predict economic trends, forecast consumer demand and help solve challenging issues in a global economy.

“If you’re interested in economics but want the flexibility of a business degree, this program is for you.”

— Joshua Williams '22

Read Joshua's story

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About the Business Economics Major

Business economics—a science of decision making

Carroll University’s business economics major is unique in that it combines a strong foundation in the functional areas of business with a special emphasis in economics. In our program, you’ll learn how critical factors such as interest rates, inflation, taxes, unemployment and changing public policy influence economies on both large and small scales, and how to use that knowledge to help businesses and organizations make smart decisions. A degree in business economics prepares you for careers in a variety of areas, including banking, government, international trade, stocks, financial planning and commodities. It’s also excellent preparation for law school or a future in public policy or politics.

We offer one of the few business economics programs in the nation

In our program, you’ll learn about the behavior of commercial banks and the function of the Federal Reserve System. Courses include a survey of the global economy, with emphasis on international trade theory, finance and money markets. You’ll be required to think critically and to organize, interpret and apply data to solve complex questions. The curriculum explores areas such as finance, business law, accounting, marketing and operations management, ensuring you gain a well-rounded depth and breadth of knowledge. Carroll’s Business Economics program also emphasizes computational thinking—using statistical and software tools to develop algorithms and mathematical models. 

Yersin Business Scholarship

The Yersin Business Scholarship is a prestigious award providing $2,500–$5,000 in scholarship funds to qualified students.

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Minor

Internships

We help you build real world experience, explore careers and network with professionals through internship opportunities. Recent placements include the following companies:

  • Town Bank
  • US Bank
  • Waukesha State Bank
  • Bank Mutual

Careers

College is a big investment in a bright future. Learn more about the industries and careers our majors pursue, and the workplaces and experiences of the alumni from our program. See where yours may take you.

Career Insight

“Carroll does a wonderful job on instilling professionalism and good values in their students.”

— Alison Winters '21

Read Alison's story

Latest Program News

Alumna Diane De La Santos '81

CU in the Workplace | Diane De La Santos '81

11/9/2020

To celebrate our Carroll University Month of Service, this month’s CU in the Workplace (@ Home Series) interview features Diane De La Santos ’81, Executive Director of City on a Hill, a faith-based, non-profit in Milwaukee, Wisconsin.

Muztoba Khan headshot

Dr. Muztoba Khan joins School of Business

11/9/2020

Dr. Muztoba Khan has joined the Carroll University School of Business as assistant professor of operations and supply chain management.

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Meet the Faculty

Dr. Hamid Akbari

Dr. Hamid Akbari

Dean of the School of Business
Dr. Steven Brewer

Dr. Steven Brewer

Assistant Professor of Marketing
Dr. Dennis Debrecht

Dr. Dennis Debrecht

MBA Program Director and Associate Professor of Business and Economics
Sarah Esveldt

Sarah Esveldt

Senior Lecturer in Business Administration
John Gnadinger

John Gnadinger

Director of Business Intelligence Consortium, Instructor
Dr. Muztoba Khan

Dr. Muztoba Khan

Assistant Professor of Business
Dr. Gregory Kuhlemeyer

Dr. Gregory Kuhlemeyer

Professor of Business
Michael Levas

Michael Levas

Associate Professor of Business Administration
Dr. Katie McCarthy

Dr. Katie McCarthy

Assistant Professor of Applied Business Analytics
Dr. Julio Rivera

Dr. Julio Rivera

Professor
Dr. Alexandra Sielaff

Dr. Alexandra Sielaff

Visiting Lecturer of Business
Dr. Carol Tallarico

Dr. Carol Tallarico

Professor of Business
Wayne Wendling

Wayne Wendling

Senior Lecturer in Analytics
Dr. Mary Ann Wisniewski

Dr. Mary Ann Wisniewski

Professor of Business Administration
Lisa Zajc

Lisa Zajc

Lecturer in Accounting
Panoramic View of campus