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Why Study Economics at Baylor? Steve Gardner Professor of Economics Director, McBride Center for International Business

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Title: Why Study Economics at Baylor? Steve Gardner Professor of Economics Director, McBride Center for International Business


1
Why Study Economicsat Baylor?Steve
GardnerProfessor of EconomicsDirector, McBride
Center for International Business
2
Its Interesting!
  • Choose from courses such as
  • Economics of Health and Medical Care
  • International Trade Theory and Policy
  • Economics of Poverty
  • Law and Economics
  • Economics of Gender
  • Economics of Developing Countries
  • Economics of Sports in America

3
Its Flexible!
  • Its 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
Its 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 PhDs,
    representing 12 different universities.
  • Brown U., Indiana U., MIT, 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!
Average LSAT Scores Average LSAT Scores Average LSAT Scores Average LSAT Scores
CurrentRank  Major AverageScore Number ofStudents
1 Economics 155.3 2,916
2 History 154.0 5,819
3 English 153.7 6,324
4 Engineering 152.7 2,656
5 Journalism Languages 152.5 2,002
6 Finance 152.2 2,009
7 Psychology 151.9 3,977
8 Accounting 151.8 2,340
9 Political Science 151.6 15,388
10 Communication Arts 150.7 3,898
Nieswiadomy, Michael (1998), "LSAT Scores of EconomicsMajors," Journal of Economics Education, Volume 29, Number 4,Fall, pp. 377-379. Nieswiadomy, Michael (1998), "LSAT Scores of EconomicsMajors," Journal of Economics Education, Volume 29, Number 4,Fall, pp. 377-379. Nieswiadomy, Michael (1998), "LSAT Scores of EconomicsMajors," Journal of Economics Education, Volume 29, Number 4,Fall, pp. 377-379. Nieswiadomy, Michael (1998), "LSAT Scores of EconomicsMajors," Journal of Economics Education, Volume 29, Number 4,Fall, pp. 377-379.
 
 
 
 
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
Employment Opportunities
  • A variety of employment opportunities in business
    organizations, government agencies, educational
    institutions, research centers, and
    international organizations.
  • According to the U.S. Department of Labor,
    Rising demand for economists should stem from
    the growing complexity of the global economy,
    competition, and increased reliance on
    quantitative methods for analyzing and
    forecasting business, sales, and other economic
    trends.Source Bureau of Labor Statistics,
    U.S. Department of Labor, Occupational Outlook
    Handbook, 2004-05 Edition, Economists , on the
    Internet at http//www.bls.gov/oco/ocos055.htm

10
Its Rewarding!
Average Salary Offers to Bachelor Degree Graduates Summer 2004 Average Salary Offers to Bachelor Degree Graduates Summer 2004 Average Salary Offers to Bachelor Degree Graduates Summer 2004 Average Salary Offers to Bachelor Degree Graduates Summer 2004 Average Salary Offers to Bachelor Degree Graduates Summer 2004
Computer Eng. 51,572 Political Science 32,999
Information Sys. 43,053 English 31,169
Accounting 41,110 Liberal Arts 30,152
Economics/Finance 40,906 Communications 30,094
Management 38,188 Education 29,805
Marketing 35,321 Psychology 27,791
Source National Association of Colleges and Employers Source National Association of Colleges and Employers Source National Association of Colleges and Employers Source National Association of Colleges and Employers Source National Association of Colleges and Employers
11
Whats 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

12
Lets Keep Talking!
  • E-mail Steve_Gardner_at_Baylor.Edu
  • Phone 254-710-6147
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