Hanover Economics Department
Why Study Economics?
If you would like to understand wealth, poverty, growth, trade, money, jobs, income, recession, prices, monopoly — and study what makes the world work from day to day — then economics will fascinate you. Some of the questions we try to answer are:
• Why do we have unemployment?
• What causes inflation?
• Why are some nations rich and some poor?
• Why do nations trade?
• Is the stock market important?
• What can we do about environmental pollution?
• Does the minimum wage really create unemployment?
• How could taxing a product actually be a "good" thing?
• Why doesn't everyone get a flu shot?
• Does it make sense to spend so much money acquiring a college education?
Economics is in the social sciences, along with political science, history, sociology, international studies and psychology. The study of economics involves a little bit from all of these; that's what makes the subject so fascinating. At the same time, we never forget our connection with the business world.
What Hanover Economics Offers
Our department has an excellent and exciting faculty. All of our professors came to Hanover College because they truly enjoy teaching and are deeply committed to providing you with the highest quality academic experience. What excites them most is to help you explore the foundations of economic thought and reasoning, while also pushing the frontiers of knowledge in ways that might not be possible in larger college environments.
Our faculty members will work closely with you on directed and independent study projects; they'll travel with you on extended field trips in the United States and abroad and will help you identify internships that can enhance your academic experience.
Your professors will strive to help you expand your frontiers — those that define your own knowledge and abilities and those that define society's knowledge of economic interactions. It may be challenging to study economics at Hanover College, but there are many incredible rewards!
Come join us for a wonderful undergraduate experience that will prepare you beyond your imagination for exciting career opportunities or for success in a well-known graduate program in economics at a major university.
If this sounds exciting, then come visit us on our beautiful campus. We'd love to introduce you to our faculty and students, and explain our program in greater detail. Please contact us to arrange a visit in the near future!
Highlights
Hands-on Experience
Each course involves hands-on exercises and case studies that allow students to employ the theoretical concepts they are learning. Some courses involve field trips to relate theory and practice. Students are required to prepare formal research papers, to demonstrate their knowledge using essay examinations, and to sharpen their oral communication skills. We are mindful of the different interests of our majors and provide outlets for directed and independent study.
Strong Placements
The combination of a strong liberal arts background with the study of economics and business administration provides students with strong preparation for a career in business, nonprofit organizations, and government. Hanover graduates have found success in accounting, banking, finance, personnel management, production management, retailing, and sales. Some students choose to continue their studies and receive an M.B.A., while others attend law school.
Expert Faculty
Our combination of seasoned faculty and a small student-to-faculty ratios enable our professors to give you their full attention and help you realize your individual goals. All departmental faculty members have earned doctorates and are accomplished teachers and writers. Additionally, each business faculty member has years of practical experience working in American business and government.
Career Opportunities
Economics within the context of a liberal arts education equips graduates with the knowledge, skills, and experiences necessary to continue on to a variety of careers and/or graduate school opportunities.
Companies our graduates have worked for have included:
• John Hancock
• Eli Lilly and Company
• Prudential Financial
• Federated Insurance
• Humana, Inc.
• PNC Bank
• Fifth Third Bank
• Oxford Financial Group, Ltd.
• Wells Fargo Financial
• Cincinnati Financial
• River Glen Insurance
• Lincoln Financial
• State of Illinois
• Discover Cards
• National City Corporation
• Provident Bank
• Fidelity Investments
• UBS Paine Webber
• LaSalle Bank
• Charles Schwab & Co.
• Indiana Department of Financial Institutions
• MainSource Bank
Previous graduates' career and professional placements have included:
• Financial Representative
• Financial Advisor
• Financial Examiner
• Personnel Management
• Underwriter
• Financial Analyst
• Loan Office Sales Representative
• Production Management
• Banker
• Government Analyst
Graduate school placements have included:
• University of Louisville
• Miami University
• University of Wisconsin
• University of Cincinnati
• Pepperdine University
• Indiana University
• University of Iowa