Economics

Chair or Program Director: 

Francis E. Raymond, Ph.D., Chair
Horrigan Hall 012-S, Phone 502.272.8487, fraymond@bellarmine.edu

Faculty: 

Daniel L. Bauer, DBA; Robert L. Brown, Ph.D., J.D., CPA; Carl Hafele, MBA, CFA, CPA; Myra J. McCrickard, Ph.D.; Bradley Stevenson, Ph.D

Economics studies how scarce resources are allocated by households, markets and government institutions. The Bellarmine University undergraduate program in economics develops the tools needed to understand a broad spectrum of economic logic and statistical analysis. Economic thinking integrates intellectual contributions from history, political science, psychology and mathematics in order to decipher issues that may be local or global. As such, the economist focuses not only on efficient outcomes, but also on normative issues such as equity, ethics and morality.

The economics program at Bellarmine fulfills a dual mission in the Rubel School of Business. One is to provide a quality education in the catholic liberal arts tradition to those who desire to major or minor in economics. In addition, the economics department helps support the general education requirements at Bellarmine as well as other degree programs that require exposure to economic thinking at the undergraduate or graduate levels.

Economics provides an excellent background for students planning to pursue graduate work in business, international studies, public policy and law. Students with undergraduate or advanced degrees in economics may pursue a wide range of careers in both the private and public sectors. Private-sector opportunities include jobs in areas such as banking, finance, insurance, real estate, marketing, data management, general management and research and development. Opportunities in the public sector include jobs at the local, state or federal level of government or with organizations such as the Federal Reserve Bank. Some graduates have also pursued careers in academia by going on to earn doctorates. Some have become entrepreneurs who operate their own business.

Students may choose to major in economics alone, or pair it with a complementary degree such as accounting, actuarial science, business, or foreign language and international studies. About two-thirds of economics majors pursue internships at local businesses, or government internships in Frankfort or Washington. About one-third choose to study abroad in countries as diverse as China, Australia, Japan, and France. Recent graduates have obtained jobs at a variety of notable businesses including Morgan Stanley, National City Bank, The Stevenson Company, Summit Energy, General Electric, William Mercer, KPMG, Ernst and Young, PriceWaterhouseCoopers and Deloitte & Touche. Bellarmine graduates in economics have been awarded teaching or research scholarships to pursue doctoral programs (typically in economics or finance) at Florida State, George Mason University, Miami University, North Carolina State University, Indiana University, The University of South Carolina and Mississippi State University. Some of our recent graduates have chosen to complete law degrees at Indiana University, Michigan State University, the University of Louisville, Northern Kentucky University and the University of Kentucky. Two of our more recent graduates received extremely rare and prestigious full-scholarships to law school. More information about the economics degree at Bellarmine University can be found at http://www.bellarmine.edu/business/economics.

Economics Learning Objectives

1. Economics graduates will demonstrate the ability to critique issues affecting the global economy.
2. Economics graduates will demonstrate quantitative literacy.
3. Economics graduates will demonstrate proficiency within the field of economics in both written and oral communication.
4. Economics graduates will demonstrate the critical thinking skills necessary to undertake original research in economics.
5. Economics graduates will demonstrate the ability to recognize and analyze ethical problems that arise in economics.

AACSB Accreditation

The W. Fielding Rubel School of Business at Bellarmine University is accredited by AACSB International (Association to Advance Collegiate Schools of Business), which places it among the elite business schools in the nation. Not only is Bellarmine the first and only private university in Kentucky to achieve AACSB accreditation, but fewer than 5 percent of business schools worldwide have achieved this distinction.

Degree Requirements

Course Listing