Curiosity

Economics and Business

Program Information

Professors: Apps, Geremew, Hultberg, Hussen (Chair), MacMillan, Moffit, Stull

 

Mission Statement

Integrating Economics and Business, theory and practice, we develop creative, broad-minded problem-solvers and leaders.

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, 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. A student cannot major in both economics and business.

Economics and Business Department News

Distinguished K Professor and Administrator Dies

herrillClelandThumb Former Kalamazoo College professor of economics and business Sherrill Cleland died of natural causes at the age of 91 on October 26, 2015, in Sarasota, Florida. He was an outstanding teacher and educator, a leader and innovator in higher education, … Continue reading

Paper’s Tops at Conference

myThumb Amy MacMillan, the L. Lee Stryker Assistant Professor of Business Management, co-authored a paper titled “Improving the Collaborative Online Student Evaluation Process”—a research effort so fine it received the award for Best Conference Refereed Paper from the Marketing Management Association. … Continue reading

Pie are squared away in K alumna’s Detroit bakery

Pie maker Lisa Ludwinski ’06 in her Sister Pie kitchen in Detroit. (Metro Times photo) AND THIS JUST IN!!!!   SHE WON!!!  Lisa Ludwinski ’06 and her Sister Pie bakery has won this year’s Comerica Hatch Detroit contest aimed at boosting start-up businesses. Lisa was awarded $50,000, defeating three other semifinalists, and will get legal, accounting, … Continue reading

Inaugural Symposium Features Distinguished Alumnus

The first ever economics and business Senior Individualized Project symposium is bringing back one the department’s own to serve as keynote speaker. Will Dobbie ’04 will address senior econ and business majors during a dinner that will follow the poster … Continue reading

K Alumnus Wins Dissertation Award

The W.E. Upjohn Institute for Employment Research annually honors the best doctoral dissertation on employment-related issues. The 2013 Dissertation Award is shared by Gregory Leiserson and Will Dobbie. Dobbie is 2004 graduate of Kalamazoo College (major–economics and business; study abroad–Nairobi, … Continue reading

Alumnus Wins Nobel Prize

obert Shiller 1963 Robert Shiller, who became famous for calling the housing and Internet stock bubbles, was one of three Americans to win the 2013 Nobel Prize in economics. Today, he’s a professor at Yale. In 1963, he was a freshman at Kalamazoo … Continue reading

K Business Students Claim Project Management Prize

K′s PMI team (l-r): Christian Giancarlo ''''13, Forrest Todd ''''13, Jack Massion ''''14, Marjorie Toshach ''''13, Harold Kaefer, DeLin Shen. Photo: Chuck Stull. Four Kalamazoo College students won a fourth-place team prize—and a $1,000 check—in an intercollegiate project management competition in Grand Rapids hosted by the Project Management Institute (PMI) West Michigan Chapter. Christian Giancarlo ’13, Forrest Todd ’13, Jack Massion ’14, and … Continue reading

Alumna Speaks in Mumbai on the Value of the Liberal Arts

Hema Shroff Patel ''86 The Great Lakes Colleges Association (GLCA) invited Hema Shroff Patel ’86 to speak at a college fair in Mumbai, India. The Indian students attending the fair were potentially interested in attending colleges in the GLCA, including Kalamazoo College. Patel spoke … Continue reading

K Economics Professor Publishes Third Edition of Textbook

Professor of Economics Ahmed Hussen has published the third edition of his textbook–Principles of Environmental Economics and Sustainability: An Integrated Economic and Ecological Approach (Routledge, September 20, 2012). New chapters in the book cover the economics of climate change, the … Continue reading

K Economics Professor Advocates Long-Range Municipal Planning

“Buffeted But Not Broken: Kalamazoo’s Five-Year Fiscal Plan” (by Kathy Jessup) describes the origin and development of the city’s long-range planning process, one that contains a further horizon than typical fiscal plans of other cities. Kalamazoo’s decision to engage in … Continue reading