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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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.

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

— Alison Winters '21

Read Alison's story

Latest Program News

EFMD logo - School of Business has been admitted to this exclusive global organization.

School of Business Accepted into Premier Global Business Management Organization

7/16/2020

The Carroll University School of Business has been granted membership by the EFMD, a globally recognized membership organization and accrediting body for business schools, business school programs and corporate universities. Carroll’s School of Business is the only institution of higher learning in Wisconsin to earn this distinction.

group of MBA students

New Online MBA Program Offered

6/23/2020

Students now can experience that same quality MBA education, completely online, with the same superior faculty and small classes that are a hallmark of the Carroll experience. With classes starting every eight weeks, the online program offers maximum flexibility, letting students begin their studies and continue their education at their own pace.

More Resources

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
Carroll University Logo

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. 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
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