Resources for Current Students
The Economics Association is a student group that organizes both social and academic events to unite and engage students who are passionate about Economics. The Association seeks to connect peers, foster student-faculty relations, and support the academic and professional development of Economics majors.
Here is your 2017-18 Economics Club Executive Board! Contact Board Members if you are interested in joining the club or have any questions.
President: Nicole Niedringhaus
- Email: firstname.lastname@example.org
Vice President: Seth Glidewell
- Email: email@example.com
Treasure: Kelly Payant
- Email: firstname.lastname@example.org
Club Advisor: Dr. Tyler Schipper
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Questions? Request more information on the Economics Association here
The Department of Economics offers tutoring services to undergraduate students taking the principles and intermediate courses. Tutoring services are geared towards helping students who are seeking additional support outside of lecture and office hours. If you do not regularly attend lecture, tutoring services will be less effective. Our tutors aim to help students with specific questions on course concepts and problem sets by facilitating the learning process. However, tutors do not just give out answers to assignments. Please bring all relevant course materials to the tutoring session.
Economic tutors are available during the hours listed below and you can find them in OEC 415.
The Annual Chili Fest is an event hosted by the St. Thomas Economics Professors. Students are welcome to taste a variety of different chilies made by the St. Thomas Economics Professors, and vote for their favorite. The Chili Fest is a great opportunity for students and faculty to connect beyond the classroom. The event held in the Hearth Room on the third floor of the student center towards the end of fall semester.
Senior Send Off
All econ faculty and staff are invited to celebrate the graduation of our economics majors and minors. The celebration hosted in the UST bowling alley near the end of the spring semester.
Awards & Recognition
The UST Economics Department recognizes the achievements of outstanding students each year through several internal and external scholarships and awards. Follow the links below for more information on these awards and recent winners.
The Department of Economics hosts every spring an annual economic data analysis competition. Teams comprised of economics majors and minors will conduct independent original research, analyze real-world data, and communicate their findings to a panel of economics faculty judges. Data will be provided.
Whether you’re ready to try your hand at research for the first time or you’re already a data veteran, this competition is for you!
Kathryn Foltz ‘18 and Linnea Graham ‘17, winners of the Economics Department Data Analysis Competition
On November 4th, MinneMUDAC data analytics competition was held at Optum in Eden Prairie. They hosted 51 undergraduate and graduate teams from 30 different Midwestern colleges and universities. Students competed for $15,000 in prize money and there was a recruiting event as well. Students used medical and pharmacy claims data to characterize the health care experience of persons with Type 2 diabetes aged 18-45 years of age in ways that provided insights for a large employer. The College of Arts and Sciences sent undergraduate students to this competition for the first time. The students who participated were Economics, Statistics, and Computer Science undergraduate majors. They were Rachel Artig, Sydney Benson, Regina Burroughs, Kathryn Foltz, Elsa Langenwalter, Morgan McCorkle, Jessica Mohr, and Anna Starks. Their faculty mentors were Economics professors Drs. Adam Check, Monica Hartmann, Matt Kim, and Tyler Schipper. It was a wonderful experience for all. We cannot wait for next year!
First row - Morgan McCorkle (’18), Rachel Artig (’18), Kathryn Foltz (’18), Elsa Langenwalter (’18)
Second row – Dr. Monica Hartmann (Econ), Sydney Benson (’17), Jessica Mohr (’17), Regina Burroughs(’17), Dr. Adam Check (Econ), Dr. Tyler Schipper (Econ)
Not pictured: Anna Starks (’18) and Dr. Matt Kim (Econ)
Candidates for honors in economics must complete an honors thesis under the supervision of an economics faculty member. A committee composed of the faculty supervisor and two other faculty members chosen by the student will read each thesis. Each member of the committee will determine if the thesis is suitable for the honors requirement, with a majority rule determining honors designation. Candidates must achieve a grade point average of 3.75 or higher in the major and 3.5 or higher overall. To be eligible, students must complete a minimum of 32 non-research credits in Economics.
The Economics Department has been pleased to give the David A. Renelt Award to honor one of our outstanding senior economics majors. As the citation on the plaque states: “This prize is awarded annually to the senior economics major who best exemplifies the traits of growing intellectual curiosity, high ethical principles, enduring spiritual devotion and endearing congeniality which characterized David Renelt.”
David graduated from St. Thomas in 1987 with majors in Theology and Economics. He was a recipient of the National Science Foundation award in economics, and in the economics Ph.D. program at Harvard University. He died suddenly of natural causes in 1991, and at the time of his death, he had already made significant contributions to the development economics literature. His paper on cross-country growth rates is still widely cited in the development and growth literature.
The Renelt Award is accompanied by a small tuition scholarship. The faculty decides the award during spring semester. The department solicits nominations from both faculty and staff. Make sure to watch your inbox for details.
The past recipients of this award are:
E. Beth Cline
Eric M. MacCarver
John W. Geelan Jr.
Bryan J. B. Pedersen
Patrick J. Persons
Anna Kate Nolan
Here is a list of past Outstanding Senior Award winners:
1960 – John S. Adams
1961 – George J. Beran
1967 – Jerome N. Jacoby
1968 – Charles W. Prentice
1969 – Kent James Teibel
1970 – Benjamin Joseph Durand
1971 – Gene M. Maras
1972 – Charles C. Perron
1973 – Terrence E. Kingston
1974 – Michael R. Tervo
1975 – Randall E. Frei
1976 – Michael J. Kasinkas
1977 – Paul J. Langer
1978 – Steven R. Bednar
1979 – William K. Mosca
1980 – Perry Loh
1981 – Katherine D. Hadjiyanis
1982 – Laura E. Greeman
1983 – Lorrie J. Klockmann
1984 – James P. Bowen
1985 – Robert J. Riley
1986 – Melissa White
1987 – David A. Renelt
1988 – Steven Seitz
1989 – Christopher Engstrom
1990 – Heidi Eckert
1991 – Daniel Quirk
1992 – Pamela Wentz
1993 – Craig J. Gmyrek
1994 – James J. Sticha
1962 – Donald Bauhs
1966 – Michael Thomas Crane
1995 – Roert D. Anderson
1996 – Nicole Bundy
1997 – Jeffrey Bry
1998 – Brian Copps
1999 – Lisa Sharrock
2000 – Christine Schumann
2001 – Mychal Brenden
2001 – William P. Gunderson
2002 – Ann E. Beuch
2003 – Kevin M. McLain
2004 – Jessica M Molyneaux
2005 – John M. Cabak
2006 – Teresa L. Boggs
2006 – Michael J. Kuharski
2007 – Rebecca M. O’Donnell
2008 – Amelia M. Dieken
2009 – Lee A. Reiners
2010 – Sean O’Malley
2010 – Catherine Lavigne
2011 – Paul T. Armstrong
2012 – Tyler R. Petersen
2013 – Justin M Rubin
2013 – Anh T. Do
2014 – Timothy O’Connor
2015 – Breanna Arndt
2015 – Shannon Heitkamp
2016 – John Kummer
Tyler Petersen ‘11
“Bringing Home the Bacon: How Does Slicing the Pork Affect the Electability and Fundraising of Congressional Candidates?” (Mentor: Monica Hartmann)
- Minnesota Economic Association, 2012 Undergraduate Student Paper Contest Third Place
- Midwest Political Science Association, 2012 Best Paper in a Poster Format Presented by an Undergraduate Student
Alex Haag ’17 and Mark Ward ‘17
“Two Envelope Paradox” (Mentor: Loren Langan)
- Minnesota Economic Association, 2016 Undergraduate Student Term Paper Contest Third Place
Resources for Current Students
The Department of Economics offers tutoring services to undergraduate students taking the principles courses. Tutoring services are geared towards helping students who are seeking additional support outside of lecture and office hours. If you do not regularly attend lecture, tutoring services will be less effective. Our tutors aim to help students with specific questions on course concepts and problem sets by facilitating the learning process. They do not, however, just give out answers to assignments. Please bring all relevant course materials to the tutoring session.
Location: OEC 415
Economics Tutors Finals Week 201740 Fall 2017
Outside the Classroom
The Department of Economics provides a variety of opportunities for students to deepen their knowledge of economics, or to be recognized for exemplary academic success. These include:
The Student Economics Association – a student group that organizes both social and academic events for majors and minors.
Graduation with Honors in Economics – an option for our highest achievers
The Renelt Award – awarded to a student who exemplifies the academic and personal integrity of Dave Renelt, ’88.
The Economics Research award – awarded to students who are interested in research projects with faculty/
The Garhart Award – awarded to an outstanding student for work on research.
Study Abroad – many students study for a semester or year abroad; faculty in the department have taught economics courses in January in Australia and Botswana.
In addition, majors increasingly undertake research projects with economics faculty advisors as part of the Young Scholars Program, the Collaborative Inquiry Grants program, and the Partnership-In-Learning grants program.
While the Economics Department does not have a formal internship program or requirement, we (and the Career Development Center) try to identify opportunities for our majors. Economic majors at St. Thomas have been actively recruited for internships at local companies and organizations. These include Medtronic, Ernst & Young, Dorsey & Whitney, IBM, U.S. Bank, several area law firms, and Target; they also include government agencies like the U.S. Treasury and the Minnesota Department of Revenue. Sometimes these internships lead to full-time employment after graduation.