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Major in Economics

Understand economic concepts • Learn efficiency and productivity • Impact communities

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Solve real-world problems.

JBU's economics program provides a window into production and business around the globe. What moves nations from poverty to prosperity? How does faith-based stewardship impact economic principles?

Learn to articulate essential theories of the market, understand economic growth and business cycles, explain the effects of related public policies and use data effectively through the lens of biblical stewardship.

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Gain versatility

Economics pairs well with many other JBU business programs, and many students double major. Econ also makes a good track for pre-law students who historically have higher LSAT scores than other majors.

Get certified

JBU can help you become a Certified Business Economist after graduation and while pursuing graduate work.

Be career-ready

Employers are looking for graduates with the analytical, research and communication skills you'll learn in JBU's economics program.

Discover how JBU will equip you for a career in economics.

About economics

Economics studies scarcity, how people use resources and respond to incentives and decision-making. With an economics degree, you can choose from various jobs, including teaching, consulting, working in government and more.

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What to expect as an economics student

Choose your degree

You’ll be able to major in economics while choosing either a Bachelor of Business Administration or a Bachelor of Arts or Science degree based on your preferred focus in the business or social sciences area.

Build sustainable communities

Economics majors can participate in JBU Ignite project teams to develop outreach projects that improve the quality of life and living standards for people in need.

Advance stewardship

Studying economics allows you to use economic development as a tool for honoring God, serving others and impacting the world. You'll be able to serve through business or non-profit organizations.

To me, economics is more than a major; it is a life-changing experience. Once you get into it, it changes not only your perception of the business world but also your personal choices. As an international student, it is valuable not only to understand the US Economy but also to be able to compare it to my home country and identify the similarities and differences we share and delve into them. My professor and academic advisor have not only been an inspiration for my career path but a mentor who has shared his great passion for economics with me.

Gabriela Peralta '25

Economics Major

Choose your emphasis

At JBU, you can choose an emphasis in analytics or economic development. These emphases offer you the opportunity to specialize further.

Analytics

The analytics emphasis is an excellent choice for those wanting to work with data and pursue careers in which data analysis is essential.

Economic development

The economic development emphasis deepens your understanding of the global economy, trade, patterns of growth and development, poverty alleviation and public policy.

Key economics courses

Principles of Microeconomics

A study of markets and how supply and demand interact to direct the allocation of resources. Topics include market structures, the role of competition, price theory, output determination, and income distribution. Market failure and policy responses to problems such as pollution and poverty are also considered.

Principles of Macroeconomics

A study of the determinants of national output and employment levels, the monetary system, and public policy for economic growth and stabilization. Inflation, unemployment, productivity, economic growth, balance of payments, and the public debt are considered from the perspectives of various schools of thought.

Managerial Economics

Application of microeconomic theory and analysis to business and administrative problems with an emphasis on sound, ethical decision-making. Topics include demand analysis, production and cost analysis, market structures and pricing practices, regulation, risk, and capital budgeting.

Econometrics

Application of mathematics and statistical techniques to analyze economic data. Model development, hypothesis testing, time series forecasting, and basic forecast diagnostics are stressed. Regression tools are used to explore applications to forecasting, statistical inference, and analysis of variance. Specialized computer programs are employed to provide experience with practical applications to business and economic research.

JBU does not unlawfully discriminate based on race, color, national or ethnic origin, sex, age, disability, marital status, military status, or age in the administration of its educational policies, admissions, financial aid, employment, educational programs, or activities.

John Brown University is a leading private Christian university, training students to honor God and serve others since 1919. Arkansas’ top-ranked university (The Wall Street Journal) and top-ranked regional university (U.S. News), JBU enrolls more than 2,200 students from 37 states and 42 countries in its traditional undergraduate, graduate, online and concurrent education programs. JBU offers more than 50 undergraduate majors, with top programs including nursing, psychology, construction management, graphic design, family and human services, and engineering. Eighteen graduate degrees are available in business, counseling, cybersecurity, and education.

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Major in Economics

Solve real-world problems.

Gain versatility

Get certified

Be career-ready

Discover how JBU will equip you for a career in economics.

About economics

What to expect as an economics student

Choose your degree

Build sustainable communities

Advance stewardship

Choose your emphasis

Analytics

Economic development

Key economics courses

Principles of Microeconomics

Principles of Macroeconomics

Managerial Economics

Econometrics

Meet our economics professors

Joe Walenciak

Randall Waldron

Linda Vytlacil

Sam Heinrich

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