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

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. 



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


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 Ann Laatsch '88

Alumni Council Corner | March 2023


Main Hall is a large building with many windows.

Carroll University Announces John Michl as new Co Director for ABIC


Carroll’s School of Business and Technology welcomes new co-director to manage ABIC events, annual conference

AACSB Member

AACSB logo

Carroll University is a member of AACSB International-The Association to Advance Collegiate Schools of Business.

AACSB International is a global association of leaders in education and business dedicated to supporting and advancing quality business and education worldwide. Through membership, accreditation, research, thought leadership, processional development, and advocacy, AACSB partners with over 1,500 organizations, from more than 90 countries globally. Membership or participation in the Global Education Alliance does not imply accreditation.

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Meet the Faculty

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