Charles M. Snipes School of Business & Economics
ABOUT ECONOMICS AND INTERNATIONAL ECONOMICS
Lenoir-Rhyne University offers a comprehensive program for students interested in majoring in Economics. Courses provide students with a basic understanding of economic structures and processes including economic growth and productivity, unemployment and inflation, taxation and public expenditure, supply and demand, international trade and finance, as well as labor-management cooperation and competition. Other areas of study may include demand theory and estimation, production and cost theory, analysis of market structure, antitrust policy, government regulation of business, capital budgeting, inflation theory, unemployment, determination of interest rates, and international economics.
Students interested in Economics have two options for majors at LR: the general Economics major and the major in International Economics, an 51-hour interdisciplinary program that combines Economics, Finance, and International Politics with a strong background in a chosen foreign language program.
Qualified Economics students interested in continuing their education through graduate study can easily matriculate into several of Lenoir-Rhyne’s graduate programs, such as the Master of Business Administration or the Master of Public Health. Through LR’s innovative Bridges to Dreams and Alumni Advantage programs, students who complete their undergraduate degrees at Lenoir-Rhyne University are able to complete their graduate degrees in shorter time and at significantly less expense.
LEARNING OUTSIDE THE CLASSROOM
Economic majors have the opportunity to gain firsthand experience through internships with local and regional businesses and corporations, working directly with seasoned leaders and professionals in the field. Through the Mauney Economics and Business Club of Lenoir-Rhyne students can attend the annual conference of the Eastern Economic Association (EEA). Founded over 40 years ago, the EEA is one of the largest associations of academic and professional economists and hosts one of the few conferences that invite undergraduates to attend as well as present in student sessions. At the conference, students have the opportunity to select from the over 150 sessions offered, featuring research work and information about various economic topics. Students meet and interact with professional economists from throughout the country and the world and learn more about exciting career opportunities. ON campus, LR’s Federal Reserve’s College Fed Challenge Team provides students opportunities to compete against other major universities on issues of economic policy and practice; these students are also part of the portfolio management team that oversees the ongoing investment of $50,000 of the University’s actual endowment funds.
Students graduating with an Economics degree will have a strong comprehension of the national economy and be able to think critically about the challenges faced throughout the business world. They will also possess communication, data manipulation, and computer technology skills, preparing them for a variety of careers. Economics majors compete well against most business majors for employment opportunities. Corporations value the broad analytical training of our graduates, and recognize that their educational foundation will enhance their performance in managerial decision making. Opportunities for Economists exist across local, state, national, and international arenas, and in the private, non-profit, and public sectors. Economics integrates the liberal arts and applied professional preparation very effectively, preparing graduates for a wide array of opportunities and for success in graduate and/or additional professional education like law or administration.
LR offers a BA degree with a major in either Economics or International Economics. Students may also complete a minor in Economics.