Learn how people choose to allocate resources, respond to incentives and make decisions.

Program overview

The study of economics explores the relationship between economic systems, individual liberty, government institutions, political rules, and social values such as democracy, equality and freedom.

Our program prepares students for active, effective roles of citizenship, service and leadership.

Economics fosters the discovery of connections among disciplines and of larger patterns of meaning. Our courses serve as a powerful foundation for a lifetime of personal and professional growth in a wide variety of fields, including business, finance, law and government.

Yahnke Internship Fund

The Yahnke Business and Economics Endowed Internship Fund plays an important role in enriching the experience of our business and economics majors. The Yahnke Internship Fund helps students with internship opportunities they might not otherwise be able to take, and it also alleviates their living costs, travel, and general needs during an internship.

We give students the tools to analyze real world issues

Our program is focused on analyzing resource and product allocation issues based on an assumption of rational behavior — the assumption that most people will select alternatives that benefit them. We want our students to develop strong critical-thinking skills, and we specifically focus on the use of economic analysis in business and public policy decision-making.

Particular emphasis is placed on analyzing how social institutions shape behavior, how those same institutions were shaped by the behavior of individuals in the past, and how they continue to evolve in response to the choices of individuals. 

Students wishing to become high school economics teachers can major in Social Science Education with a concentration in Economics.

Economics News

  • Mixed Signals

    Emeritus business professor Ken McMillan shares cautious optimism about ’24 economy.

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  • Women in the Workplace

    First-year Monmouth economics professor Brian Park has studied same topic as this year’s Nobel Prize recipient.
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  • Coffee Master Class

    Entrepreneur Brian Franklin, right, a 1995 Monmouth graduate, and chemistry professor Brad Sturgeon gave a presentation on coffee Sept. 11 in the nutrition lab of the Center for Science and Business. Franklin is the owner of Tulsa-based DoubleShot Coffee Company. Check out more pictures from Franklin’s visit.
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  • Kieft Scholars


  • LeSuer Nature Preserve

    come experience theGlory of Nature.