It’s Interesting!

1. Why Study Economicsat Baylor?Steve Green Professor of Economics & StatisticsChair, Department of Economics

2. It’s Interesting! Choose from courses such as: • Economics of Health and Medical Care • International Trade Theory and Policy • Economics of Poverty and Discrimination • Law and Economics • Game Theory • Economics of Developing Countries • E-Commerce Economics

3. It’s Flexible! It’s the only major available in three degree programs: • B.B.A.—Good for career entry, pre-MBA, or may be coupled with 2nd BBA major (i.e., finance) • B.A.—Good for pre-Law, pre-PhD, or may be coupled with a 2nd B.A. major (i.e., political science) • B.S.—Good for pre-Med or may be coupled with a 2nd B.S. major (i.e., physics)

4. It’s Challenging! A well-rounded economist should develop a strong background in: • Analytical and critical thinking • Mathematics and statistics • Writing • Public speaking • History and public policy • Ethics and moral philosophy

5. Great Student Organizations! • Baylor Economists • promotes social interaction and academic involvement of economics students. Open membership. • Omicron Delta Epsilon • national honor society in economics, received its official charter in 1951. Restricted membership

6. Great Faculty! • Like all Baylor faculty, we are available to you. • 20 faculty members, 13 of whom have PhD’s, representing 12 different universities. • Brown U., Indiana U., Michigan State U., Oklahoma State U., Purdue, SMU, U.C. Berkeley, U. Florida, U. Illinois, UNC Chapel Hill, USC, UT Austin. • Economics faculty members are active in research and most have significant international experience.

7. Prepare for Grad School!

8. Prepare for Grad School! "Of all the majors, economics ranks in the top four or five consistently. . . Logical reasoning and analytical skills are critical to legal studies.” -Edward Tom, U.C. Berkeley Boalt law school admissions director "The best people are more frequently taking economics as their major. . . It shows they have the intellectual fire in the belly to perform well in an MBA program." - Richard Silverman, Yale School of Management, admissions director Source: Wall Street Journal, November 30, 1998 (Page A2

9. Prepare for Grad School! Economics is a good major for a wide range of graduate study opportunities: • MBA (take Accounting and Finance) • Law • Medicine (choose BS-Eco) • Health Care Administration • Public Administration • Public Policy • Environmental Studies • Public Health • PhD program in Economics (take lots of Math) • PhD program in Finance, Accounting, Marketing, or Management

10. Employment Opportunities • A wide range of employment opportunities in business organizations, government agencies, educational institutions, research centers, and international organizations. • According to the U.S. Department of Labor, “Employment of economists and market and survey researchers is expected to grow faster than the average for all occupations through 2010,” in a range of 21 to 35 percent.Source: http://stats.bls.gov/oco/oco20016.htm

11. It’s Rewarding!

12. What’s happening at other top universities? Economics is the top major [in enrollment] at Harvard, Princeton, Columbia, Stanford and the Universities of Pennsylvania and Chicago; second at Brown, Yale, and the University of California at Berkeley; and third at Cornell and Dartmouth. Source: Wall Street Journal, November 30, 1998, Page A2

13. Let’s Keep Talking! E-mail: Steve_Green@Baylor.Edu Phone: 254-710-4543 Economics Department Web Site: business.baylor.edu/eco Link to this Slide Show (accessible from Economics web site): business.baylor.edu/Steve_Green/Premiere.ppt