Economics Department

Academics | Economics

Economics

Ripon College offers a major and minor in economics.

The program is designed to provide structure and flexibility, analytical tools and applications, concentration and diversity. Students move through three levels of study, each building in depth and variety.

After a year of learning essential economic principles and their applications, students proceed to a more in-depth study of economic theory at the intermediate level. At the same time, they may examine a number of applied fields, such as money and the banking system; financial operations of corporations; natural resources and pollution control; salaries, profits and pricing in professional sports; uses of economic analysis in making business decisions; and economic change in developing countries around the world.

In their advanced work, economics students apply the understanding and experience they have already gained to examining such areas as the historical development of economic thinking, the process of economic growth and development over the long term, and the nature and causes of the flows of commodities and capital among nations. 

Other economic topics, often of the student’s own choosing, may be pursued in a seminar or in an independent study project supervised by a member of the department faculty.

 

Faculty

Soren Hauge

Roc Huang

Paul Schoofs

Dmytro Zhosan

 

Off-Campus Study

Chicago, Washington, D.C., or…

In addition to internships in areas of special interest, Ripon economics majors study abroad in Europe, Costa Rica, Argentina, Japan, China, India, Botswana, and other countries around the world. Other students choose an urban studies semester in Chicago or an economic policy semester in Washington, D.C. The department offers In Focus experiences, such as a trip to Beijing, Xi’an, and Shanghai, led by two Ripon economics professors, to witness China’s remarkable economic growth and study Chinese history, culture, arts, and language.

 

Advising

Ripon College encourages all students to embrace a Four-Year Career Development Plan. This plan is based on the premise that career planning is a development process that involves learning and decision-making over an extended period of time.

First Year

  • Incoming students are assigned a Faculty Mentor based on their interest area(s). Please see the FACULTY tab under your major area;
  • All Freshman are required to enroll in a First-Year Seminar, which is designed as a transition from high school to college learning, providing an interdisciplinary introduction to the liberal arts and the pursuit of in-depth study;
  • Freshman are encouraged to meet the career development staff early on and complete interest and skills inventories, and self-assessment tools; and,
  • Attend the pre-Fall Break “Major Fest” to explore the various major options and career tracks.

Third Year

  • Assume leadership positions in on-campus clubs and organizations;
  • Participate in mock interviews with the Career Development Office;
  • Attend the Wisconsin Foundation of Independent Colleges Job Fair in February and other relevant career fairs;
  • If relevant, begin to research potential graduate school programs and take the appropriate entrance exam(s);
  • Continue to meet regularly with your Faculty Mentor;
  • Continue to build a solid network and a list of work references, and build your resume;
  • Consider off-campus study: Semester and/or alternative Spring Breaks;
  • Continue to job shadow; and,
  • Gain further career experience associated with your education during the academic year and as part of a summer job or internship.

Second Year

  • Get involved with on-campus clubs and organizations, athletic teams and/or intramural sports;
  • Attend the pre-Fall Break “Major Fest” to explore the various major options and career tracks;
  • Declare a major;
  • Meet regularly with your Faculty Mentor or match your interests with a faculty member in your major department. Determine which professors have areas of expertise most similar to your interests. Talk to people in the academic department to find out about faculty research, scholarly, and creative interests;
  • Attend on-campus career workshops;
  • Work with the Career Development Office to create an approved resume;
  • Job shadow people involved in various careers and professions of interest; and,
  • Gain further career experience associated with your education during the academic year and as part of a summer job or internship.

Fourth Year

  • Complete a Senior Capstone/Thesis in your major area(s);
  • Continue to meet regularly with your Faculty Mentor;
  • Perfect your interviewing skills;
  • Expand your existing network of contacts;
  • Finalize your resume and prepare cover letter;
  • Build a credential file in the Career Development Office;
  • Interview with on-campus recruiters;
  • Set-up informational interviews with target companies;
  • If relevant, apply to graduate school programs, and if necessary, re-take entrance exams; and,
  • Practice career goal-setting.

 

What can I do with an Economics major?

An undergraduate degree in economics prepares you for careers in a variety of fields, including but not limited to: banking and finance, government, insurance, management, education, sales, and academia.

Recent graduates of our program work for…

  • Accenture
  • American Express Property & Casualty
  • BMO Harris Bank
  • Bucyrus International
  • Deloitte & Touche
  • Epic Systems Coporation
  • GE Healthcare
  • JP Morgan Chase
  • Robert W. Baird & Co.
  • US Bank
  • Wells Fargo Bank

Job titles of recent graduates include…

  • Senior Analyst
  • Underwriter
  • Personal Banker
  • Business Banker
  • Attorney
  • Commercial Banker
  • Compensation Analyst
  • Credit Analyst
  • General Manager
  • Investment Manager
  • Stock Broker