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International Political Economy

Carthage students visited South Africa to study economics and business. The J-Term study tour was led by economics professor Yuri Maltsev.Carthage students visited South Africa to study economics and business. The J-Term study tour was led by economics professor Yuri Maltsev.Carthage offers a major in international political economy for those students who want to focus their work on the evolving web of global relationships, and the public policy discussions that help shape and direct today’s global economy. Students take courses in management, economics, geoscience, modern languages, political science, and social science.


J-Term is a month-long period of study in January in which all academic departments at Carthage offer innovative courses on campus as well as study tours in other countries. Economics Department faculty regularly lead J-Term study tours abroad. Recent offerings include a Spanish language immersion course in Guatemala, led by economics professor Ed Montanaro, and Economics and Business in South Africa, led by economics professor Yuri Maltsev. 

Research and the Senior Thesis

Every student who graduates from Carthage College with a degree in economics must complete a senior thesis, which is a substantial research work or project. Students work on this senior thesis with a directing professor,  and it counts as an economics course (ECN 4400: Senior Seminar and History of Economic Thought).

Scholarships and Awards

The Economics Department offers awards every year to recognize exceptional work by students. The John R. Commons Award is a service award for contributions to the Economics Department and campus community. The Senior Award recognizes academic excellence by a senior student.

Business & Professional Coalition

The Carthage Business and Professional Coalition comprises the leading business, civic, professional, and governmental leaders in southeastern Wisconsin. Members meet regularly for luncheons at Carthage that feature guest speakers and discussion. Carthage economics students are regularly invited to these presentations. Guest speakers have also met with students in their classes.

A.W. Clausen Center for World Business

The A.W. Clausen Center for World Business is both a first-class learning facility and an active presence in the business community. The Center has brought prominent speakers to Carthage, hosted economic seminars and conferences, and is committed to community service through outreach to secondary and primary schools. The facility itself has the handsome appearance of a corporate headquarters, with state-of-the-art technology to help students develop professional presentation skills. Students have their own board room, and classrooms are small to encourage lively group discussion.

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