Welcome to the Economics Department

Economics is about understanding the behavior of people. In particular, economics seeks to address how the world can be understood based on the incentives that various economic agents face. In practice, the study of economics involves using both conceptual and empirical tools to examine how people make choices. This theoretical and data work is, in turn, crucial in informing policymakers how to make their decisions.

Our majors gain strong quantitative skills through their courses and end up working in a vast array of professions: consulting, healthcare, banking, finance, pharmaceuticals, and real estate, to name a few, while others find careers in non-profit and public sectors. We also send our students to graduate school in law, business, economics, or public policy to name a few. 

Our majors also tend to have substantial earning power based on their economics degree. According to the Wall Street Journal’s “Degrees That Pay You Back” data, economics majors have the highest mid-career median salary of any non-engineering major.

So, please come visit us in the department and talk to our many faculty about your future major in economics!


NEWS

  • North Carolina Gambles On Sports Betting
    Legalized sports betting brings fresh tax revenue—and reports of gambling addiction. Experts say N.C. colleges aren’t ready. Dr. Todd McFall was quoted in this article.
  • NC sports wagering tips off with 11 categories, eight operators
    Mobile sports wagering is expected to siphon some revenue from lottery tickets, said sports economist Todd McFall. “The government will meet its sports gambling projections, but there’s going to be some negative impacts on lottery ticket revenues,” McFall said. “There’s too much evidence from other states to think anything else.” Full Article
  • Longer working hours, productivity: there is no correlation
    People used to work around 70 hours per week in the 1800s. With 6 days a week that amounts to almost 12 hours per day. But as things improved the work hours began to decrease. Economics professor Robert Whaples, has prepared a detailed timeline of this evolution. The modern day workday was established by Henry […]
  • “Is the US Bankrupt?”
    Senior Fellow Robert Whaples, editor of Pope Francis and the Caring Society and Is Social Justice Just? interviewed on Kresta in the Afternoon on the EWTN network. Robert Whaples discusses the federal government’s budget and its deficit. The national debt is $34 trillion which is larger than the GDP. Interest rates have also increased dramatically so what […]

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