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Welcome to the department of Economics!

Economics is the study of how the economy works using descriptions, called models, of how individuals and organizations may make decisions to achieve their goals.  Economic models are used to make predictions or forecasts.

Economics majors are typically employed in the financial industry such as banks, insurance companies and money management firms, as well as government, (state, local and federal), non-financial corporations, international organizations, the Federal Reserve System, research organizations and regulatory agencies.

image-up-arrowimage-down-arrowAccreditation

 

ACBSP Accreditation

The Business and Economics Departments have received an additional academic accreditation through the Accreditation Council for Business Schools and Programs (ACBSP). ACBSP is a specialized accrediting organization that reviews the quality and integrity of business degree programs.  Accreditation by ACBSP is based on an independent evaluation of an institution’s business school or program by a group of professionals, which include faculty and academic administrators in the field of business. This additional accreditation provides the following benefits:


Benefits for the Institution

  1. The pursuit of accreditation reinforces a commitment to continuous improvement, innovation, and scholarship.
  2. The process of preparing an accreditation self-study enhances the focus on quality of student learning and renews a commitment to the educational mission.
  3. The recognition of effective business units through accreditation contributes to a more positive review by regional accreditors, as specialized accreditation is a confirmation of quality programming in specific divisions.
  4. Accredited status creates greater visibility for the institution.
  5. Accreditation provides prestige and credibility when seeking funding resources from donors, foundations, governments.
  6. In some states accredited status counts heavily in performance-based funding.
  7. Accreditation leads to more successful articulation of business credits.
  8. The accredited institution can utilize press releases to advertise accreditation status.
  9. Accredited status is printed in the college catalog.
  10. Accredited status is printed on business cards.
  11. Accredited status is posted on the college website.
  12. Accreditation provides a sense of pride within the institution.

Benefits for the Business & Economics Units

  1. Accreditation creates a process for continuous departmental improvement.
  2. Accreditation provides the impetus for identifying strengths and weaknesses.
  3. Accreditation keeps the programs current through curriculum development.
  4. Accreditation provides a forum for review and analysis of the business unit.
  5. Accreditation promotes an outcomes assessment process linking goals, activities, and outcomes.
  6. Accreditation creates guidelines for faculty credentials, which leads to higher standards in hiring, increased scholarly and professional activities, and more focused faculty development decisions.
  7. Accreditation creates guidelines when structuring programs.
  8. Accreditation provides a platform to share ideas and to question the status-quo, leading to effective change.
  9. Accreditation is a source of pride among program faculty and staff.
  10. Accreditation validates quality of work in the business unit.
  11. The business unit realizes greater local prestige through accreditation.
  12. Accreditation provides leverage when seeking on-campus resources.
  13. Accredited status leads to more effective acquisition of technology.
  14. Accreditation status is referenced when submitting budgets, grant proposals, and course/program proposals.
  15. Accredited status assists in recruitment of faculty.
  16. Accreditation activities are communicated to the Board of Trustees.
  17. Accredited status is printed on Business Division stationery.
  18. Accredited status is printed on course syllabi.
  19. The certificate of accreditation is prominently displayed.
  20. Accredited status is printed on brochures and newsletters.

Benefits for Faculty and Staff

  1. Accreditation provides a sense of pride within the business faculty and staff when national peers have validated a program.
  2. Faculty at accredited institutions are provided opportunities to keep current in quality procedures through seminars such as Baldrige training.
  3. Faculty experience a boost of self-esteem when teaching in an accredited business unit.
  4. Accreditation provides professional development and leadership opportunities for faculty and administrators in development of outcome assessments and conducting site visits to other institutions.

Benefits for Students

  1. Accreditation creates the impetus for relevancy and currency of faculty, programs, and courses to best serve students.
  2. The pursuit of accreditation enhances the ability to serve students by assuring a focus on quality performance.
  3. Accredited status requires an ongoing effort to provide excellent equipment, software, and learning resources for students.
  4. Accredited status reaffirms the commitment to effective student services.
  5. Students refer to accreditation status on resumes and in employment interviews.
  6. Accredited status provides the ability to host a chapter of Delta Mu Delta or Kappa Beta Delta honorary society, recognizing accomplishments of business students.
  7. Students who join these honorary societies can cite their special recognition when pursuing scholarships and writing resumes.

Benefits for the Community

  1. Accredited status provides recognition of the ability to serve community stakeholders.
  2. Accreditation creates the impetus for relevancy and currency of faculty, programs, and courses to best serve employers.
  3. External advisory committees learn the importance of accreditation.
  4. External advisory committee members can transfer the accreditation process to their continuous improvement efforts.

ACBSP Reports

2008-2009 Quality Assurance Report
ACBSP Response from 2008-2009 Quality Assurance Report
WVSU Report Requested 2011
ACBSP Response Jan 2012
2008 - 2011 Quality Assurance Report
ACBSP Response 2013
2015 Reaffirmation Letter


 
image-up-arrowimage-down-arrowAdvising

Advising Procedures

  1. Fill out the Advising Worksheet Form below and send to the appropriate advisor, see "List of Academic Advisors" in the section below.
  2. Upon receiving your completed form you will receive your personal identification number and your registration time slot.
  3. You may be asked to schedule a meeting with your assigned advisor in their office to discuss your academic progress.


Advising Documents/Forms

Advising Worksheet
Curriculum Check sheet - Fall 2016

Student Data Sheet


Areas of Concentration - through Fall 2015

Areas of Concentration - Spring 2016 Areas of Concentration - effective Fall 2016
image-up-arrowimage-down-arrowAssessment
image-up-arrowimage-down-arrowConcentrations/Programs

Bachelor of Arts in Economics Concentrations:

Students must choose one of the three areas of concentration reflecting their particular interests: Business Economics, International Economics, and Social Science Economics. See the Advising tab above to learn more about each specific concentration available.

image-up-arrowimage-down-arrowCourse Descriptions
image-up-arrowimage-down-arrowHelpful Links
image-up-arrowimage-down-arrowStudent Organizations

Dean's Business and Economics Student Advisory Board

The Dean's Business and Economics Student Advisory Board is comprised of student members focused on continuous improvement of the Business and Economics departments. Through leadership activities and forums, student members champion change and improve areas of the Business and Economics departments surrounding student driven suggestions. To learn more about the Dean's Business and Economics Student Advisory Board contact the Vice-Chair Matthew Carroll mcarrol2@wvstateu.edu or Dean David Bejou dbejou@wvstateu.edu.


Omicron Delta Epsilon

Omicron Delta Epsilon is one of the world's largest academic honor societies. The objectives of Omicron Delta Epsilon are recognition of scholastic attainment and the honoring of outstanding achievements in economics; the establishment of closer ties between students and faculty in economics within colleges and universities, and among colleges and universities; the publication of its official journal, The American Economist, and sponsoring of panels at professional meetings as well as the Irving Fisher and Frank W. Taussig competitions. The WVSU ODE Chapter Faculty Advisor is Suvayan De. To learn more about ODE visit http://www.omicrondeltaepsilon.org/ and contact Suvayan De via email at sde@wvstateu.edu.

Faculty & Staff

Student in economics class
Dr. Suvayan
Dr. Suvayan De
Program Coordinator of Economics
106 Hill Hall
Phone: (304) 766-3095
sde@wvstateu.edu
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