Economics and Business
Professors: Geremew, Hultberg, Hussen, Li, MacMillan, McKinney, Moffit (Chair), Stull
The mission of the department mirrors that of Kalamazoo College. We strive to prepare our graduates to better understand, live successfully and prosperously within, and provide enlightened leadership to a richly diverse and increasingly complex world. The department's primary objective is to ensure that our students can apply economic and business principles to the world around them. To achieve this objective, the department introduces the students to economic and business problems, theories, and policies within the context of a liberal arts education. The department's courses fall into four broad categories: (1) economic theory at the introductory and intermediate levels, (2) quantitative tools and methods, (3) fundamental business principles, and (4) economic and business field courses. In addition to the department's course work, students also benefit from practical experience through internships, a senior individualized project, and a senior seminar. The math cognate courses are required to provide students with a strong foundation in contemporary business and economic decision-making processes that are increasingly based on marginal analysis, optimization, and descriptive and inferential statistical analysis. The department encourages additional mathematics and statistics courses for all our majors, but especially for majors who wish to pursue graduate degrees.
The department offers two distinct majors: a major in economics and a major in business, both of which require a total of ten units for completion. The department also offers three different minors: a minor in economics, a minor in business, and a minor in international economics and business. A student cannot major in both economics and business; neither can a student both major and minor within the department.