Economics

Major: Economics
Minor: 
Economics, Finance
Related Majors:
Business Administration, International Business, Accounting, Advertising and Marketing Communication. 
Related Minors: 
Business, Economics
Program Director:
Philip Davis Taylor Professor of Economics

Economics students develop the necessary analytical tools to understand contemporary economic issues and to take reasoned positions in debates about economic and social policy. Students are then in a position to apply these tools in a multitude of areas in future careers as many of the world’s most pressing problems – unemployment, inflation, poverty, inequality, discrimination, underdevelopment, environmental destruction – are economic in nature.   Economics studies are often combined with majors and/or minors in Business Administration.   For information about specific courses offered, please see our Academic Catalogue.

Facilities
Classrooms and faculty offices of the Department of Business and Economics are housed in Taylor Hall. Computer-intensive classes are taught in Peyton Anderson Amphitheatre and the Smart Classrooms in Taylor Hall and in the Willet Library.

Funding
The D. Abbott Turner Chair of Free Enterprise provides Wesleyan students with instruction in business and related fields by a scholar who is active in international research in the field. In addition to regular courses, the chair holder organizes topical special lectures and directs studies and research projects in which students may participate.

Scholarships and Awards
Academic Excellence Award.
 This award goes to the graduating senior with the highest GPA. This award consists of a certificate to the student and a plaque in the departmental suite.

The Wall Street Journal Achievement Award. This award is a national recognition of a student who has achieved in the field of business and economics. The award consists of a certificate, an engraved paperweight, and a one-year subscription to The Wall Street Journal.

Nora Kay Appling King Scholarship Achievement Award. Wesleyan Alumna Nora Kay Appling established this award in 1979. The award goes to a deserving rising senior in the department of Business and Economics. The recipient is chosen on the basis of character, academics, and involvement in the Wesleyan Community and Business Club. The award consists of a certificate and cash award to be applied to college expenses.

Alpha Kappa Psi Scholarship Key and Certificate. Alpha Kappa Psi, founded in 1904, is the first professional fraternity in business. The Nu Omega chapter was chartered at Wesleyan in 1989. The Scholarship Key and Certificate go to the graduating member with the highest GPA.

Government Employees Insurance Company Achievement Award. The recipient of the GEICO Achievement Award should be a sophomore or junior majoring in a business related field of study, have achieved a "B" or better average in the major, and have the potential to make valuable contributions in the field of business as well as the campus community. The award consists of a cash award of $1000 to be presented to the recipient at a special luncheon in her honor.

Outcomes
Although some graduates pursue a Master of Business Administration or other graduate degree, most enter the work force immediately following graduation.  Recent graduates are working for Arthur Anderson; Ernst & Young; Charter Medical; Merck; US Department of Defense; Deutsch Asset Management; Georgia Department of Revenue; City Bank in Bombay, India; GEICO; Coca-Cola; and for many other national and regional businesses, industries, and nonprofit organizations.

This year Wesleyan advanced several students, majoring in economics and business, to prestigious graduate school programs. These students will be attending some of the most competitive graduate programs in the nation and around the world; they include London School of Economics for both Economic Development and Public Policy programs, Carnegie Mellon University for Public Policy and Finance, Max Planck Institute for Bio-Chemistry, University of Indiana at Urbana-Campaign for Finance, University of Washington and Georgia State University for graduate programs in Economics and Accounting.

In the past, Wesleyan grads have been accepted to Yale, Harvard, and Northwestern University for law programs, and Universidad de Zaragoza/MIT for MBA. Wesleyan economics students have also been accepted to internships such as Georgia State University’s Andrew Young Public Policy Center, Branch Properties Real Estate internship through the GSCPAs in Atlanta, Fickling & Co. in Macon, and Merck & Co.; they have won scholarships to attend Duke University’s summer minority scholarship program in economics, Georgia Society of Certified Public Accountants scholarship for graduate program, the American Women’s Society of CPAs scholarship, Phi Kappa Phi national graduate fellowship, and first prize in national essay competition (Association of Private Enterprise Education).

Omicron Delta Epsilon
The Omicron Chapter at Wesleyan College was established in 2006 and is one of fifteen chapters in Georgia. Omicron Delta Epsilon, the international honor society for economics, recognizes and promotes superior academic achievement in economics.

Faculty

Phillip TaylorPhilip Davis Taylor Clara Carter Acree Chair of Social Sciences, Professor of Economics, Director of Graduate Business Programs. B.A. (Economics) University of North Carolina 1971; M.B.A. (Finance) University of North Carolina 1973; M.A., Ph.D. (Economics) Virginia Polytechnic Institute and State University 1989. My primary interests include the valuation of stocks and bonds and their derivative instruments and the impact of globalization on the financial institutions that trade these securities. Taylor 217. ptaylor@wesleyancollege.edu



yingzhenYing Zhen, Assistant Professor of Business. B.A. (Economics) Communication University of China 2007; M.A. (Economics) Clark University 2009; Ph.D. (Economics) Clark University 2012. My major field of specialization is labor economics. My research interests include economics of immigration, gender and minority; demand and supply of labor; wages and compensation; mobility and unemployment. I am particularly interested in exploring how English-language proficiency affects foreign-born immigrants' labor market performance in the United States, especially for female immigrants. My minor field is industrial organization. Topics of interest include market structure, firm strategy, and market performance. Taylor 231. yzhen@wesleyancollege.edu