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

Alumnus John Heavey '14

John Heavey '14 takes on big tech, joins Facebook (now Meta)

12/5/2021

While growing up in suburban Illinois, John Heavey ’14 imagined a future as a lawyer, maybe a politician, perhaps a journalist, and acting was also in the mix. With so many career aspirations as a high schooler in 2009, social media was not yet on his radar as something he could do to make a living. That, though, is exactly what he is doing today after accepting a position as a program manager of new products at Facebook, now Meta.

Jane Hamilton '74 with 2019 scholars

Endowed Scholarship Video 2021: Jane Hamilton '74 shares story of giving back

10/7/2021

Jane Hamilton '74 witnessed the impact of scholarships while a student at Carroll by seeing how it helped a friend fund her education. Thoae memories later motivated Jane to give back to current students by establishing the Hamilton Family Foundation Endowed Scholarship for students in the arts.

More Resources

Meet the Faculty

Dr. Steven Brewer

Dr. Steven Brewer

Assistant Professor of Marketing
Dr. Collleen Merrill Brown

Dr. Collleen Merrill Brown

Adjunct Professor
Sarah Esveldt

Sarah Esveldt

Distinguished Lecturer of Business
John Gnadinger

John Gnadinger

Director of Business Intelligence Consortium, Instructor
Dr. Alan He

Dr. Alan He

Associate Professor of Accounting
Jay Jacobson

Jay Jacobson

Visiting Lecturer of Business
Mark Kappes

Mark Kappes

Adjunct Professor of Business
Dr. Muztoba Khan

Dr. Muztoba Khan

Assistant Professor of Business
Dr. Gregory Kuhlemeyer

Dr. Gregory Kuhlemeyer

Professor of Business
Courtney Malloy

Courtney Malloy

Adjunct Professor of Business
Dr. Katie McCarthy

Dr. Katie McCarthy

Assistant Professor of Healthcare Analytics
John Michl

John Michl

Lecturer of Business
Dr. Jean Marie Pyzyk

Dr. Jean Marie Pyzyk

Adjunct Professor
Dr. Julio Rivera

Dr. Julio Rivera

William B. Yersin Professor of Applied Business Analytics
Dr. Alexandra Sielaff

Dr. Alexandra Sielaff

Director of the MBA Program, Associate Professor of Business
Dr. Carol Tallarico

Dr. Carol Tallarico

Professor of Business
Dr. Mary Ann Wisniewski

Dr. Mary Ann Wisniewski

Professor of Business
Lisa Zajc

Lisa Zajc

Lecturer of Business
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