Welcome to the homepage of the
UWM Department of Economics
Located in the College of Letters and Science, the Department of Economics is home to 20 full time faculty members, internationally recognized for their research and dedicated to excellence in teaching. The UWM Economics Department offers an undergraduate degree as well two graduate degrees: a terminal M.A. degree and a Ph.D. degree, only one of two Ph.D. programs in economics in Wisconsin.
From introductory through to graduate classes, the Economics curriculum stresses both theory and application of important economic issues in society, such as unemployment, inflation, exchange rates, labor markets, economic development, international trade and finance, and outsourcing. Economics also offers the practical advantage of opening up career opportunities. Both firms and government agencies are interested in undergraduate Economics majors for entry level jobs in management (click here for a list of jobs in which our graduates are currently employed). The degree demonstrates your ability to clearly analyze situations, and an ability to work comfortably with numbers. A national survey of starting job offers for the class of 2008 shows that graduates with an economics degree have a starting salary of $51,062, on average, the highest of any starting salaries for business related majors. In fact it is higher than the starting salaries of any non--engineering or computer science major. (Click here for a press release on this survey.) Another report by the Wall Street Journal confirms this and shows that earnings by economics majors nearly double by mid- career to over $98,000.
The pages on this website offer more detailed information about the degree programs, faculty, and research, as well as other offers of the Department of Economics. Please feel free to contact us if you have any further questions, and we hope that you enjoy your visit to our website.
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News, Information, and Upcoming events:
Be Sure to Register for Summer Classes!
2009 Summer and Fall Schedules Available: Why not take an economics course this summer or next fall? The UWM Economics Department is offering introductory micro and macroeconomics, intermediate micro and macro theory, and several 300 level elective courses this summer, and a full slate of courses at all levels in the fall. Check out the summer schedule here and the fall schedule here. If you have any questions, please contact one of the undergraduate advisors.
Another Measure of UWM Econ Research Productivity: RePEc and Ideas (two online bibliographic databases of Economics papers) recently ranked the UWM Economics Department in the top 5% of all Economics Departments and institutions in the world in the field of International Finance. Furthermore, UWM Professor Mohsen Bahmani ranked in the top 5% of publishers in the field.
And further kudos! The UWM Economics Department was a feature story on UWM's main webpage recently. The article highlighted some of the outstanding accomplishments of the Department over the past several years. You can check this out by clicking here.
"What do I do with my Undergraduate Economics Degree?" This is a question we often get from our undergraduate majors. The answer is - "Almost anything!" The Economics degree is an extremely flexible one, where employers value the analytical skills of our graduates. We have compiled a list of jobs in which our graduates are employed and a guide to what economics classes are useful in certain careers. Contact an undergraduate advisor for more information or look at our undergraduate degree pages on this website.
Economics Research Seminars: Our 2008-2009 seminar series has finished for the year. Check back with us in September when we will post the Fall 2009 series. Our applied microeconomics workshop has also finished for the year. We will post an announcement for Fall workshops as they are announced. Thanks to all who participated in both forums throughout this academic year.
Retirement News: After 38 years of service to the UWM Department of Economics as researcher, teacher, mentor, advisor, and Department Chair, we bid Professor Yoshio Niho farewell and a Happy Retirement. In order to celebrate Emeritus Professor Niho's career, the Department has established the Yoshio Niho Excellence Fund to help the research of junior faculty. Please contribute today!
Calling all Economics Alumni and Current Majors: For a second year, the UWM Department of Alumni Relations is sponsoring a mentoring program to pair Economics alums with current economics majors. The goal of the program is to provide career-related advice and resources and networking to current students. Click here or contact Cindy Petrites of the Dept of Alumni Relations or Prof. Holahan for further information.
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