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Department of Economics and Decision Sciences

Have Questions?
Contact the Department

At (309) 298-1153

Or send us an Email at economics@wiu.edu

News and Smart Reading:

News:   

• Highest-paying academic major: Economics; also see, WSJ: From College Major to Career
• The Supreme Court hears oral arguments about the constitutionality of the health care mandate - A facinating case study in law and economics :  Part I, Part II, Part III, Part IV
• Western Commitment Scholarship (4-years) The Western Commitment Scholarship is a new program intended to reward students with excellent academic ability who demonstrate achievement in high school by offering 4-year scholarships towards the cost of attendance at Western Illinois University. New freshmen who submit all application materials for admission by May 15 are automatically considered for Western Commitment Scholarships. No separate scholarship application is required to be considered for a Western Commitment Scholarshp. Awards are based on student’s high school GPA and ACT/SAT score. High school GPA will be based on weighted or unweighted GPA, which ever is higher, and converted to a 4.0 scale. The ACT score considered is the highest composite score submitted to WIU. Students can enter as new freshmen in any semester but the Western Commitment Scholarship may only be used for Fall and Spring semesters. The scholarship will be distributed half in the fall semester and half in the spring semester. Western Commitment Scholarships are renewable for up to four years (eight semesters) of undergraduate study at WIU by maintaining eligibility requirements. Students may move up in scholarship levels if they improve their ACT/SAT scores prior to the start of the academic year.
• Economics Day provides an excellent opportunity to learn about the real-world applications of economics and related business fields from WIU faculty, alumni, and invited guests. These events, open to students of all majors provide an amazing opportunity for students both at WIU and from surrounding schools, as well as the community at large, to engage first-hand with economics faculty and learn from industry experts.
• Two new "open access" (free electronic access) journals from The Econometric Society:  Quantitative Economics and Theoretical Economics  
• The Department of Economics and Decision Sciences welcomes two new faculty members, Dr. Shane Sanders and Dr. Bhavneet Walia, who joined the department in Spring 2011  
• Econ Alum Receives Phi Kappa Phi Fellowship  
• Peace Corps Fellowship Program in Top Ten  
• Do You Know What The Most Important Part of a Resume Is?

Smart Reading:

• Economics focus, "Botox and beancounting: Do official statistics cosmetically enhance America’s economic appearance?," Apr 28th 2011 | from The Economist print edition  
• "The Age of Absurdity" by Michael Foley - Book review in The Observer By JON GERTNER (in pdf)  
• "The Rise and Fall of the G.D.P." By JON GERTNER, from The New York Times (in pdf)  
• "The Digital Disruption" by Eric Schmidt and Jared Cohen, from the Foreign Affairs (in pdf)  
• "The Economist Debate:" Is the development of computing the most significant technological advance of the 20th century?
• "Measuring the World" by Daniel Kehlmann, Reviewed by TOM LeCLAIR (in pdf)

Events:

• WIU Events Calendar

Other:

• Nobel Prize Winning Economists