Economics

An economics degree provides the analytical skills desired by employers in areas such as banking and other financial services, management, consulting, and public service.  The economics major is considered excellent preparation for law school, and typically ranks high in terms of starting, mid-career, and median salaries as reported by such organizations as PayScale.com and the U.S. Department of Labor’s Occupational Outlook Handbook, and Georgetown’s Center for Education and the Workforce publication The Economic Value of College Majors (scroll to "Explore All Majors," then search for "Economics"). A wealth of information is also available through the American Economics Association’s Resources for Students, including:

At LCU, economics majors can select a Business-focused path leading to the Bachelor’s of Business Administration (B.B.A.) degree; students pursuing the B.B.A. degree satisfy traditional “Business Core” requirements in Accounting, Finance, Management, Marketing and other business–related subjects.  Alternatively, economics majors can pursue the Bachelor’s of Art (B.A.) or Bachelor’s of Science (B.S.) degree in which the student selects one of a large number of possible minors.  B.A/B.S. graduates have obtained minors in such diverse fields as Mathematics, Psychology, Biology, and Digital Media Arts & Applications. 

Those interested in pursuing graduate work in economics, especially the Ph.D., are encouraged to minor in Mathematics. 

Economics Major Degree Plans

Faculty

LCU in Washington

Students are strongly encouraged to apply for a semester in Washington, D.C. as part of the LCU in Washington program.  Past economics majors have interned with The Cato Institute, the U.S. Department of the Interior, the Financial Services Roundtable, the U.S. Federal Trade Commission, the D.C. Metropolitan Police Department, American Foundation for Suicide Prevention, and the Consumer Goods Forum.

Lubbock Economics Council

The LCU School of Business serves as a sponsor for, and one of its faculty members is the current president of, the Lubbock Economics Council. Established in 1967, the LEC is an association of people in business, education, and public service who are interested in promoting a better understanding of economic matters. The mission of the Council is to provide a regular forum for education, discussion, and debate of economic issues from the local to international level. The LEC’s Golden Anniversary Celebration was held at LCU’s Baker Conference Center on November 10 , 2017.

Economics and Finance Club

For more information about Economics at LCU, contact Dr. Russell Dabbs, School of Business Chair for Academic Affairs and Economics Coordinator, Russell.dabbs@lcu.edu ; 806-720-7386.