Calvin's economics graduates are equipped to further God's kingdom in the fields of business, finance, law, government, health policy, higher education and more. Economists help us understand the patterns and principles that determine the trajectory of our current economy.

Overview

Calvin's economics program is consciously founded on Christian values and competes with the best undergraduate programs in the country. It offers courses in a variety of topics related to economics, including money and banking, public finance, environment and natural resources, emerging international economies, human resources, healthcare, urban growth, government and world poverty.

Students majoring in many areas, such as political science, business, mathematics, pre-law, international development or public health often find a second major or minor in economics extremely beneficial in reaching their full potential.

The Calvin economics department is one of the largest and most distinguished Christian economics departments in the country. All full-time faculty have PhDs in their fields from top graduate programs and work with students on today's pressing issues related to health care, development, education, sustainable business practices, banking and public policy.

Careers in Economics

  • Investment Analyst
  • Real Estate Broker
  • Savings and Loan Associate
  • Marketing Researcher
  • Healthcare Analyst

See job placement rates for Calvin grads.

Student involvement

Participate in the Econ Club; Join Calvin business forum or Global Business Brigades; Intern at a local non-profit organization through the Cormenius Scholars Program; Assist a professor in summer research through the McGregor Undergraduate Research Fellowship.

Course Requirements 2013-14

Economics major

Prerequisite for admission to the economics majors or minors is a minimum grade of C (2.0) in Economics 221.

(35-37 semester hours)

  • ECON-221 Principles of Microeconomics
  • ECON-222 Principles of Macroeconomics
  • ECON-325 Managerial Economics/Intermediate Microeconomics
  • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
  • ECON-343 Research Methods
  • One from:
    • ECON-345 Advanced Topics in Microeconomics
    • ECON-346 Advanced Topics in Macroeconomics
  • ECON-395 Economics Seminar
  • Two additional from:
    • ECON-330 Urban Growth and Development
    • ECON-331 Money and Financial Markets
    • ECON-334 Competition and Market Performance
    • ECON-335 Human Resource Economics
    • ECON-337 World Poverty and Economic Development
    • ECON-338 International Trade and Finance
    • ECON-339 Government Finance and Public Policy
    • ECON-343 Research Methods
    • ECON-345 Advanced Topics in Microeconomics
    • ECON-346 Advanced Topics in Macroeconomics
  • Two electives from economics or business courses

Cognates(9 semester hours)

  • One two-course sequence from:
  • One from:
    • MATH-132 Calculus for Management, Life, and Social Sciences
    • MATH-171 Calculus I
  • IS-171 Computing with Spreadsheets

Economics minor

(19-20 semester hours)

  • ECON-221 Principles of Microeconomics
  • ECON-222 Principles of Macroeconomics
  • One from:
    • ECON-325 Managerial Economics/Intermediate Microeconomics
    • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
  • Three from (including at least one 300-level course):
    • ECON-232 Environmental and Natural Resource Economics
    • ECON-237 Regional Economies of the World
    • ECON-241 Health Economics and Health Policy
    • ECON-325 Managerial Economics/Intermediate Microeconomics
    • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
    • ECON-330 Urban Growth and Development
    • ECON-331 Money and Financial Markets
    • ECON-334 Competition and Market Performance
    • ECON-335 Human Resource Economics
    • ECON-337 World Poverty and Economic Development
    • ECON-338 International Trade and Finance
    • ECON-339 Government Finance and Public Policy
    • ECON-343 Research Methods
    • ECON-345 Advanced Topics in Microeconomics
    • ECON-346 Advanced Topics in Macroeconomics
  • Students are encouraged to organize the additional four courses for the economics minor, after taking ECON-221 and ECON-222, according to their area of academic interest as follows:

Concentrations

Finance

  • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
  • Three from:

Human Resources

  • ECON-325 Managerial Economics/Intermediate Microeconomics
  • Three from:
    • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
    • ECON-241 Health Economics and Health Policy
    • ECON-232 Environmental and Natural Resource Economics
    • ECON-330 Urban Growth and Development
    • ECON-335 Human Resource Economics
    • ECON-345 Advanced Topics in Microeconomics

International and Global Study

  • One from:
    • ECON-325 Managerial Economics/Intermediate Microeconomics
    • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
  • Three from:
    • ECON-237 Regional Economies of the World
    • ECON-331 Money and Financial Markets
    • ECON-337 World Poverty and Economic Development
    • ECON-338 International Trade and Finance
    • ECON-345 Advanced Topics in Microeconomics
    • ECON-346 Advanced Topics in Macroeconomics

Marketing

  • ECON-325 Managerial Economics/Intermediate Microeconomics
  • Three from:
    • ECON-241 Health Economics and Health Policy
    • ECON-330 Urban Growth and Development
    • ECON-334 Competition and Market Performance
    • ECON-345 Advanced Topics in Microeconomics

MBA Preparation

  • ECON-325 Managerial Economics/Intermediate Microeconomics
  • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
  • ECON-343 Research Methods
  • One from:
    • ECON-241 Health Economics and Health Policy
    • ECON-325 Managerial Economics/Intermediate Microeconomics
    • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
    • ECON-330 330 Urban Growth and Development
    • ECON-331 Money and Financial Markets
    • ECON-334 Competition and Market Performance
    • ECON-335 Human Resource Economics
    • ECON-337 World Poverty and Economic Development
    • ECON-338 International Trade and Finance
    • ECON-339 Government Finance and Public Policy
    • ECON-343 Research Methods
    • ECON-345 Advanced Topics in Microeconomics
    • ECON-346 Advanced Topics in Macroeconomics

Operations Management

  • ECON-325 Managerial Economics/Intermediate Microeconomics
  • ECON-343 Research Methods
  • Two from:
    • ECON-232 Environmental and Natural Resource Economics
    • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
    • ECON-330 Urban Growth and Development
    • ECON-334 Competition and Market Performance
    • ECON-339 Government Finance and Public Policy
    • ECON-345 Advanced Topics in Microeconomics
    • ECON-346 Advanced Topics in Macroeconomics

Public Administration and Policy

  • ECON-325 Managerial Economics/Intermediate Microeconomics
  • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
  • Three from:
    • ECON-232 Environmental and Natural Resource Economics
    • ECON-241 Health Economics and Health Policy
    • ECON-330 Urban Growth and Development
    • ECON-335 Human Resource Economics
    • ECON-339 Government Finance and Public Policy

Quantitative Analysis

  • ECON-325 Managerial Economics/Intermediate Microeconomics
  • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
  • ECON-343 Research Methods
  • One from:
    • ECON-345 Advanced Topics in Microeconomics
    • ECON-346 Advanced Topics in Macroeconomics

Small Business

  • One from:
    • ECON-325 Managerial Economics/Intermediate Microeconomics
    • ECON-326 Business Cycles and Forecasting/Intermediate Macroeconomics
  • Three from:
    • ECON-232 Environmental and Natural Resource Economics
    • ECON-241 Health Economics and Health Policy
    • ECON-330 Urban Growth and Development
    • ECON-331 Money and Financial Markets
    • ECON-335 Human Resource Economics

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Scholarships

Dollar amounts reflect awards given for the 2013-14 academic year.

Edward W. Berends Memorial Scholarship
  • award amount: $2,400; $4,800
  • junior or senior
  • GPA of 3.0+
  • financial need considered; demonstrate leadership potential
  • apply through the Calvin Portal
Business as Mission Scholarship
  • award amount: $3,500
  • junior or senior
  • GPA 2.5+
  • financial need required; planning to go on the off-campus 3rd world development program
  • application available from the international development studies departmentin the spring term
C.J. Byeman Memorial Scholarship
  • award amount: $2,300
  • junior or senior
  • GPA of 3.0+
  • financial need not required; resident of Washington, Idaho, Oregon, Montana or Alaska
  • automatic consideration
DeVos Business Scholarship
  • award amount: $1,400
  • first-year
  • HS GPA 3.3+
  • financial need required; first-generation college student
  • automatic consideration
Laurie Ellen Mervenne Scholarship for Women in Economics
  • award amount: $4,800
  • female, junior or senior
  • GPA of 3.0+
  • financial need required; preference to those who "dream big and think out of the box"
  • apply through the Calvin Portal
John and Marian Vanden Berg Family Scholarship
  • award amount: $2,300
  • any class level
  • GPA 2.5+
  • financial need required; participation and leadership out of the classroom
  • prospective students are considered automatically; returning students apply through the Calvin Portal
Lyle and Barbara (Duimstra) Voskuil Family Scholarship
Vrieland Family Business and Music Scholarship
  • award amount: $2,250
  • any class level
  • HS or Calvin GPA 3.0+
  • financial need not required; involved in some aspect of music
  • automatic consideration
View all scholarship opportunities

Faculty

Adel Abadeer

Adel Abadeer
Professor of Economics
Department of Economics
NH 178
aabadeer@calvin.edu
(616) 526-6199

Becky Haney

Becky Haney
Assistant Professor
Department of Economics
NH 188
brh22@calvin.edu
(616) 526-6338

Roland Hoksbergen

Roland Hoksbergen
Professor; director of International Development Studies program
Department of Economics
NH 164
hoksro@calvin.edu
(616) 526-6369

Steve McMullen

Steve McMullen
Assistant Professor
Department of Economics
NH 177
scm9@calvin.edu
(616) 526-6460

Kurt Schaefer

Kurt Schaefer
Professor
Department of Economics
NH 176
schk@calvin.edu
(616) 526-6298

Evert Van Der Heide

Evert Van Der Heide
Professor
Department of Economics
NH 182
evheide@calvin.edu
(616) 526-6099

Scott Vander Linde

Scott Vander Linde
Professor
Department of Economics
NH 175
vdls@calvin.edu
(616) 526-6477

Talk to us

Kurt Schaefer Kurt Schaefer
Department Chair
Department of Economics
NH 176
schk@calvin.edu
(616) 526-6298

Admissions

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Teach This

Interested in teaching? You can gain certification in Economics as a:

Calvin's teacher education program also contains education-specific course requirements that you must complete prior to certification. See course requirements for:

Professor Robert Keeley talks about the education program.

Learn More

Explore Calvin's teacher education program.

Contact Evert Van Der Heide for more information about teacher certification in Economics

Contact Robert Schoone-Jongen for more information about teacher certification in Social Studies

Read the teacher education guidebook for more detailed information about certification.

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