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Lindenwood University offers you different ways to learn about economics. You can earn a bachelor of arts (BA), bachelor of science (BS), a minor in business economics, as well as a microcredential in philosophy, politics, and economics (PPE).

Effective fall 2021, the bachelor of science in business economics degree program will be officially designated as a STEM program. Recognized by the US Department of Homeland Security, this classification entitles international students who earn this degree to be eligible for three years of optional practical training (OPT) in the United States – in contrast to non-STEM fields where international students are eligible for only one year of OPT.

Economics gives you a powerful way to understand and influence the world around you. The economics programs at Lindenwood University train students to be effective problem solvers. Students develop a strong understanding of economic theory, decision-making, economic policy, and other economic issues. Students learn to apply valuable quantitative and analytical skills, including econometrics and business analytics, to solve real-world problems. In addition to specialized economics training, students receive relevant knowledge and skills from a well-rounded core of business courses that are widely applicable in many careers.

The Economics Department pursues excellence in teaching, scholarship, and service to enrich your study of economics. Students find an economics faculty that is supportive, well trained, and experienced. Small classes allow students to closely engage with faculty and fellow students. Students gain quantitative and analytical skills highly desired in the workplace. As part of the Economics Department, the Hammond Institute for Free Enterprise at Lindenwood University ranks among the top nine percent of economics institutions based on the quality and impact of its research. Lindenwood’s Economic Education Center provides unique opportunities to increase economic and financial literacy across campus, throughout the community, and around the nation. Students are encouraged to enhance their learning by earning course credit while gaining practical experience through internships and other experiences. Lindenwood faculty, advisors, and career center staff provide opportunities for students to interact with potential employers. Active involvement in student organizations, such as the international economics honor society Omicron Delta Epsilon and the Hammond Institute Student Fellows, expands these valuable networking opportunities. Students can also personally explore the world while completing coursework through shot-term study-abroad opportunities.

Economics equips students with knowledge and skills valued by employers in many professions. Economics empowers students to make sound decisions, analyze behavior, interpret data, forecast changes, and solve problems. Students trained in Business Economics are in high demand across a wide range of corporate, non-profit and public sectors, including finance, healthcare, technology, utilities, and government. Economics training also provides excellent preparation for graduate studies in a wide range of fields, including economics, business, law, and social sciences. The Occupational Outlook Handbook at the Bureau of Labor Statistics is a great resource to explore which career path to take. Graduates of Lindenwood’s economics programs find employment at a wide range of places like Express Scripts, Anheuser-Busch, PwC Middle East, Kennedy Capital Management, and Infinite Electronics.

Hear About Our Economics Program!

Degrees Offered

Undergraduate Programs

World's Top Economic Institutions

Lindenwood’s Plaster College of Business and Entrepreneurship and Hammond Institute for Free Enterprise both ranked among the top business and economics institutions in the world, according to Research Papers in Economics.

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Economics Faculty

Dr. Grant Black

Grant Black

Grant Black is an Associate Professor of Economics and is the Associate Director of the Economic Education Center. Prior to joining Lindenwood in 2018, Black directed the Center for Entrepreneurship and Economic Education and was a Teaching Professor of Economics at the University of Missouri-St. Louis (UMSL). Prior to joining UMSL, he was an Associate Professor of Economics at Indiana University South Bend. In 2002, he was Visiting Professor at the University of Pretoria in South Africa. Dr. Black has taught both undergraduate and graduate courses, including introductory macroeconomics; introductory microeconomics; labor economics; energy; economics and the environment; and a survey of economics.

Dr. Black received his undergraduate and master degrees from the University of Missouri-St. Louis (1992, 1994), and his Ph.D. from Georgia State University (2001).

Dr. Tawni Hunt Ferrarini

Tawni H. Ferrarini

Tawni H. Ferrarini, Ph.D., is the Robert W. Plaster Professor of Economic Education, Associate Director of the Hammond Institute for Free Enterprise, and the Director of the Economic Education Center.

Dr. Ferrarini is the 2020 recipient of the Patty Elder International Award and was the 2015 president. She was the inaugural recipient of the National Association of Economic Educator’s Abbejean Kehler Technology Award. Other accolades include a 2009 Distinguished Faculty at Northern Michigan University and 2009 Michigan Economic Educator of the Year Award.

Dr. Ferrarini has written curriculum materials for the Council on Economic Education - USA and Fraser Institute - Canada. She specializes in the effective use of technology in the classroom and the integration of economics across subject areas, especially American history. She was instrumental in helping to formally establish the Council on Economic Education – Japan, and is a consultant for the Korea Development Institute in Seoul.

Professor Ferrarini publishes in economic education, technology, and education journals. She is a co-author of Common Sense Economics (2016), Economic Episodes in American History (2019), and Teachers Can Be Financially Fit (2020). She earned her doctorate in economics in 1995 from Washington University in St. Louis, where she studied economic history under the 1993 Nobel Laureate Douglass C. North.

Mike Mathea

Mike Mathea

Mike Mathea is an Assistant Professor of Economics.


Dr. Annette Najjar

Annette Najjar

Annette Najjar is a Professor of Economics. She holds a Ph.D. in Business Administration from Kennedy-Western University, a M.B.A. from Millsaps College, and a B.S. in Economics from the University of the West Indies.

Dr. Najjar has been teaching undergraduate level economics courses at Lindenwood University for the past 20 years. Before beginning her career in higher education, Dr. Najjar was a Research Officer III at the Central Bank of Trinidad & Tobago, which followed her work as a Statistical Officer II at the Central Statistical Office of Trinidad & Tobago. Dr. Najjar is excited to use her previous work experience, her constant professional development in regional and national economic issues, and her years in the classroom to design a relevant and engaging curriculum for the courses she teaches.

Dr. Howard Wall

Howard Wall

Howard Wall is a Professor of Economics. He also directs the Hammond Institute for Free Enterprise and is a senior research fellow in the Center for Economics and the Environment.

Prior to joining Lindenwood in 2011, Wall was a vice president and regional economics adviser at the Federal Reserve Bank of St. Louis. He began his career in the economics departments of West Virginia University and Birkbeck College, University of London.

In addition, Wall had two stints as a visiting scholar at the Bank of Japan, taught in Uruguay as a Senior Fulbright Scholar at the Instituto de Economía de Montevideo and in the UK for the Bank of England, HM Treasury, and the Royal College for Defense Studies.

Dr. Wall's main research interests are international economics, applied macroeconomics, and urban/regional economics. He has published more than 50 papers in scholarly journals, including the Review of Economics and Statistics, International Economic Review, Economic Journal, Journal of Urban Economics, Regional Science and Urban Economics, Journal of Money, Credit and Banking, and the Journal of Regional Science.

His teaching at Lindenwood includes Principles of Microeconomics, Intermediate Microeconomics, Current Economic and Social Issues, Public Economics, and Econometrics. He was named Professor of the Year by the Men’s Basketball Team for 2018- 2019 and received the President’s Scholar-Teacher Award for 2016-17

Dr. Wall received his B.A. in Economics from the State University of New York at Binghamton (1984) and his M.A and Ph.D. from the State University of New York at Buffalo (1986, 1989).

Lindenwood University
209 S. Kingshighway
St. Charles, MO 63301