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Economics: About Our Department

The Economics Department offers two bachelor’s degrees, an associate’s degree, and five minors. These include the B.S. in Business Economics, a business degree with economics, finance and marketing tracks; the B.A. in Economics, a traditional liberal arts economics degree with a general track and an international economics track; the Associate of Science with a business track; and minors in business, economics, finance, marketing and accounting.

The faculty consists of nine full-time faculty members with expertise in economics, finance, international economics, management, marketing, entrepreneurship, and accounting. Four adjunct faculty members add further expertise in management, entrepreneurship, marketing, economics and accounting.

Class sizes are small for all courses, including those at the introductory level, and there is ample opportunity for students to interact with faculty. The department places great emphasis on experiential learning outside the classroom. Students are offered the opportunity to engage in independent research guided by a faculty member, present original research at an academic conference, participate in the Armstrong student scholar’s symposium, gain invaluable experience in an internship with a business or non-profit organization, travel with faculty to multiple countries on study abroad trips, participate in entrepreneurship projects and competitions, compete in the Monica Lewis economic policy competition, engage in projects in the local community with the Center for Regional Analysis, participate in the economics club, and become members of the economics honor society, Omicron Delta Epsilon.

Students may also apply or be nominated for a variety of departmental scholarships.                                                                                                                                                                                                       

Center for Regional Analysis

The Center for Regional Analysis meets the applied research needs of Savannah's business and community organizations. Areas of concentrated research include regional economic forecasting, economic impact analysis, economic development and business expansion, tourism development, survey-based research, and specialty reports on topics of state, regional and local interest. The Center's activities are intended to appeal to a broad range of constituencies, and the Center stands ready to enter into cooperative partnerships with public, private, and community organizations.

Contact CRA:

Michael Toma, Director
Department of Economics
11935 Abercorn Street Hawes Hall 212
Savannah GA 31419-1997
912.344.2538
Fax 912.344.3485
Michael.Toma@armstrong.edu                                                                                                                                                                                                                                                                                     

Georgia Council on Economic Education

Housed in the department of economics is one of the twelve regional centers for the Georgia Council on Economic Education (GCEE). The GCEE is a nonprofit organization dedicated to helping K-12 teachers teach economics and personal finance. They do so by connecting economics professors with local teachers to be available for consultation, by creating and distributing lessons and other classroom materials, and by conducting special topics workshops for local teachers. All of these activities and materials are provided to teachers at no cost.                                                                                                                                                          

Contact GCEE:

Jason S. Beck, Co-Director
Department of Economics
11935 Abercorn Street Hawes Hall 208F
Savannah GA 31419-1997
912.344.2536
Fax 912.344.3485
Jason.Beck@armstrong.edu                                                                                                                                                                                                                                                                                        

NEWS:

Read More Armstrong Economic Monitor Reports Steady Economic Growth in 2nd Quarter 2017

(October 2, 2017) - Armstrong State University’s latest Coastal Empire Economic Monitor, which analyzes data and identifies trends affecting the regional economy, reports that the Savannah metro economy continued healthy growth in the second quarter of 2017 while forecasting moderately slower year-end movement.

Read More Economic Monitor Reports Savannah Economic Growth in 1st Quarter 2017

(June 26, 2017) - Armstrong’s latest Coastal Empire Economic Monitor reports that the Savannah metro economy returned to healthy growth in the opening quarter of 2017, as the negative effects of Hurricane Matthew dissipated. Employment, airport travel, retail sales and consumer confidence were especially strong during this period, as was record-setting port activity.

Read More Making Connections: Small Business Class Opens Big Doors

(April 19, 2017) – In the Small Business Consulting course taught by Dennis Barber, Ph.D., Armstrong Economics professor and Small Business Institute director, undergraduates gain firsthand experience in Savannah’s small business community, which is a leader in the state.

Read More Economic Monitor Reports Economy Slowed in 4th Quarter

(March 6, 2017) - Armstrong’s latest Coastal Empire Economic Monitor reports that the Savannah metro economy slowed to a crawl in the closing quarter of 2016, largely due to the effects of Hurricane Matthew. As such, electricity and retail sales, as well as air travel, slipped. However, losses were offset by gains in employment, port activity and hotel room rentals. The area is expected to see healthy growth by mid-year.

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