3.  Excellent preparation for an extremely wide range of occupations and careers  Develop analytical skills you will use throughout your work and personal life  High salary compared to other non-technical majors  Highest starting and mid-career salary compared to other business and social science majors.  Great preparation for graduate school  MA in Business, MA in Econ, Law School, etc.

4.  Some specific occupations require in depth knowledge that is only provided by very specific degree programs (e.g., accounting)  Economics can be intellectually challenging at times  Some students just do not like economics courses

5.  Popularity  Economics is the most popular major at Harvard and many universities across the United States.  Status and Flexibility  In 2005, 12% of CEO's in the biggest 500 firms had an undergraduate degree in economics.  Economics is consistently one of the top undergrad majors among students in top graduate business programs (MBA programs).  Analytical Skills  Economics majors tend to score among the highest in admission tests to graduate schools (business, law, social sciences, etc.).

6.  Analytical Thinking Skills  Thinking using the cost-benefit framework  Modeling Skills  Through the use of mostly graphical models  Math Skills  At a non-sophisticated level  Data Analysis Skills  Which are focused on in some of our courses -- particularly Econometrics (324), Forecasting (325), & Economic Research (426)

7.  Economics  An emphasis on general analytical thinking skills useful in many different occupations & functional areas  Depth in the economic method of analysis - the same core skills (previous slide) are emphasized across different economics courses  Business  Knowledge specific to certain functional areas of business  Finance, Supply Chain, Accounting, Marketing, Management, Human Resources  Breadth across a wide variety of functional areas

8.  The higher the field is on the triangle, the more field specific the knowledge received.

9.  Dedicated teachers who care about their students  Accomplished scholars  Friendly and approachable  Available - we go out of our way to make ourselves accessible to our students

10.  Sandra Day-O'Conner (Former U.S. Supreme Court Justice)  Ronald Reagan  Meg Whitman (former CEO of Ebay)  Warren Buffett (off and on, richest person in world; masters in economics)  Barbara Boxer (U.S. Senator)  Sam Walton (Founder of Walmart)  Joan Robinson (a very famous 20th century economist)  Steve Balmer (CEO of Microsoft)  Arnold Schwarzenegger  Mick Jagger  John Elway  Tiger Woods  Paul Newman  Ted Turner (the founder of CNN)  William F. Buckley (a very famous political journalist)

11.  Just about anything you can do with a business degree  Finance, General Business, Analyst, Entrepreneur  See Dr. Bob’s website (final slide)  And more …  Data Analysis  Forecasting  Economic Research  Graduate School  MBA, MPP, Law School, Econ Grad School

13.  General Economics  Most flexible in terms of course options  Excellent complement to many minors and majors.  Managerial Economics  Preferred by many who have already taken business courses (pre-reqs and upper division), as many count towards the managerial specialization  Economic and Business Forecasting  Well suited to a double major in Business due to the numerous required business courses

14.  And they are appealing to employers  Because economics analytical emphasis complements your applied business skills  Possible combinations include:  Supply Chain and Economics  Finance and Economics  Accounting and Economics  General Business and Economics  Social Science Majors: Psychology, Sociology, Political Science, Geography, etc.

15.  Principles of Economics Micro (Econ 201)  Principles of Economics Macro (Econ 202)  Introductory Business Statistics (Bus 221)  Pre-Calculus (Math 153 ) or Higher  Finite Mathematics (Math 130) or Higher  Additional Pre-Reqs. for Some Specializations  Accounting I (Acct 251) and II (Acct 252)  Legal Environment of Business (Bus 241)

16.  Required Courses  Principles of Economics Micro (ECON 201)  Principles of Economics Macro (ECON 202)  Additional Courses  Choose 1 from following five Econ courses (310, 330, 332, 401, 402)  1 (Minor 2) or 2 (Minor 1) upper division elective Econ courses.  An economics minor is offered at the west side centers – Lynwood and Des Moines

17.  Economic Research  Economics of Labor  Government and Business  Energy Economics  Environmental and Resource Economics  Intermediate Macroeconomics  Independent Study  Research  Math Econ  Intermediate Microeconomics  International Economics  Introduction to Econometrics  Introduction to Forecasting  Managerial Economics  Money and Banking  Public Finance

18.  Academic activities  Social opportunities  Leadership experience  Interaction with professors

19.  Dr. Carbaugh’s (Dr. Bob’s) Website  http://www.cwu.edu/~carbaugh/JOBS%20FOR%2 0ECONOMICS%20STUDENTS.pdf  Dr. Sipic’s Website  http://www.cwu.edu/~sipict/teaching.html#Why %20study%20economics?  Dr. Tenerelli’s Website  http://www.cwu.edu/~tenerelt/  See the “Economics Major Information Packet”