What is economics?
Economics studies choices of economic agents facing scarcity of resources. Pursuing efficient outcomes, consumers, investors, governments and others interact in a broad set of decision-making actions and policies affecting the final allocation of resources. The Wabash College economics major learns to evaluate varying arguments and policies, analyze empirical data, and develop his own views, rationales and results. Eager department faculty dedicate themselves to providing a rigorous, challenging curriculum that emphasizes economic theory and focuses on how economists view the world. For specific economics class offerings, check out the full curriculum here.
Why study economics?
Economics majors are successful in the labor market because they master a variety of philosophical, technical, logical, computer, and quantitative skills to lend a critical and authoritative voice to the room. These key skills earned through the study of economics translate well to a variety of other applications – fostered by the college through special co-curricular programs. Wabash College has partnered with the Indiana University Kelley School of Business to formalize an accounting pipeline program that guides Wabash students through the prerequisites for admission to the Master of Science in Accounting program. In addition, each year the department arranges the annual Rogge Memorial Lecture in honor of long-time Wabash professor, Benjamin A. Rogge.