Economics

Many prospective students think of money when they hear Economics. Economics is indeed about money; however, it is also about so much more. Economics is defined by both subject matter and method. As a discipline, Economics seeks to understand the workings, implications and nature of human interaction through a system of markets. 

This analysis can focus on the use of money, production for profit, gender relations, consumer decisions, sources of unemployment, the causes of poverty or the conservation of the environment. At its core, it is about making choices both at the individual level and as a society. Economics also has a clearly defined method based on individual decision-making (Microeconomics) or on the characteristics of economies as a whole (Macroeconomics).

Economics is a dynamic field full of debates. Our understanding of how the economy operates and how individuals make decisions within this economic framework is constantly evolving. Economists do not shy away from controversy. Indeed, they are generally in the middle of most politically and socially charged debates. Economists often disagree with each other, making the field exciting and dynamic. Continual opportunities for discovery exist within Economics.

Why Study Economics

In our society, the economy has grown to dominate many aspects of life and infiltrates most others. The study of Economics, first and foremost, helps people understand the world around them.

Economics has a tremendous ability to improve a student's analytical capabilities. Students are not given a series of unconnected facts to memorize but a clear method for solving problems. The well-trained economist becomes a problem solver able to meet new challenges as they come along. This is the aspect of Economics which most appeals to a liberal education and will serve the student when he/she leaves school.

Economics forms an important link between more traditional liberal arts disciplines and professional programs. Students can enjoy the best of both tracks. As a traditional liberal arts discipline, the study of Economics routinely exposes students to a vast array of ideas from powerful thinkers. An Economics student is trained to analyze the central ideas of democracy, freedom, culture, and happiness. In addition, Economics forms an important linkage to professional programs by providing students with a series of recognizable skills and tools important to all professional programs. A student of the economy will understand the institutions within which businesses, public policy and the law all operate. 

What Will You Learn? What Skills Will You Acquire?

The Economics Major at Western State Colorado University offers surprising depth and research training for such a small college. The Economics program strives to develop knowledge, skills and abilities for our students that will serve them in the ever-changing world of the 21st Century. The curriculum is focused on critical thinking and problem solving as a path to knowledge and understanding. Written and spoken communication, analytical thinking and creativity are integrated in courses at all levels. Students graduating with an Economics degree will normally have already participated in a major research project combining statistical analysis, economic reasoning and study design and implementation.

The Economics program awards a Bachelor of Arts degree and offers two formal tracks based on students needs and interests. In addition, the faculty have developed a number of less formal arrangements to meet the needs of non-traditional interests:

  • The Standard Major requires 33 semester hours in Economics and an academic minor in another discipline.
  • The Secondary Teacher Certification Emphasis requires 66 credits and prepares students for the State of Colorado License in Social Science Education.

Economics study at Western is focused on a practical and applied understanding of the world around us. Courses contain theoretical content but are geared toward understanding real issues and current problems. Historical analysis is used to place current events within a context.

The Capstone Experience

The Senior Capstone has been enormously successful. During their senior year, Economics majors are engaged in real world consulting for local private businesses or government agencies. Here they integrate and apply the knowledge they have attained from their previous course work to the resolution of a particular policy issue. Students are responsible for all aspects of project design, implementation and analyses. The result is usually a document filling a need for the local economy and provides the student with concrete evidence of their proficiency.

The Economics Minor

The Economics program also provides a minor consisting of 18 semester hours which provides a basic understanding of the field.

After Graduation

Graduates with an Economics degree from Western have done extremely well. Economists find employment in all areas of the public and private sectors. Economics training at Western provides excellent background for the following:

  • Graduate School
  • Law School
  • Business School
  • Public Administration
  • The Government Sector
  • The Private Sector
  • College or High School Teaching

Courses

 ACC 201 - INTRO TO FINANCIAL ACCOUNTING (3 credits)

An introduction to the field of accounting with emphasis on corporate financial statements. Financial statements are viewed as a communication device conveying the financial health of a business to interested parties. The objective of this first course is to teach students to read, analyze, and interpret these financial statements. The emphasis is on developing critical thinking and problem-solving skills using accounting concepts. Students are exposed to the steps used by accountants to record, measure, and process financial information. Cash flow analysis is contrasted with the accrual basis of accounting

 ACC 202 - INTRO TO MANAGERIAL ACCOUNTING (3 credits)

An introduction to the preparation, uses, and analysis of common management accounting information. Topics include cost-volume-profit analysis, capital budgeting and present value applications, cash budgets, financial statement analysis, taxes, and management decisions, plus a brief introduction to modern cost accounting, with emphasis on activity-based costing systems. The development of problem-solving and analytical abilities is given primary importance throughout the course. Accounting majors must pass this class with a minimum grade of "C". Prerequisites: MATH 140, MATH 141, or MATH 151 with a minimum grade of “C-“

 ACC 450 - ADVANCED FINANCIAL ACCOUNTING (3 credits)

An overview of the financial accounting theory, practice, problems, and reporting requirements for various economic entities. These include partnerships, foreign branches and subsidiaries, state and local governments, colleges and universities, hospitals, voluntary organizations, and the modern parent/subsidiary corporate structure. The approach taken in this course is that there are common information needs which each of these entities must satisfy. While the specific approach used to satisfy this need is dependent on a variety of factors, the common thread is that useful information is being generated for the consumers of that information. Prerequisite: ACC 302.

 BUAD 360 - MANAGERIAL FINANCE (3 credits)

Utilizing theories from the behavioral sciences, this course provides an in-depth examination of the individual customer learning and decision-making processes, segmentation, as well as culture, subculture, and social class relationships with marketing. Students develop an understanding of consumers’ shopping behavior, utilization of different marketing channels, perception of products, and reactions to advertising and other selling methods. Prerequisites: completion of Base Curriculum

 ECON 201 - MACROECONOMICS GSS1 (3 credits)

An introduction to the methods, models, and approaches used by economists to analyze and interpret events and policies related to the overall operation of the economy. The course endeavors to make sense of unemployment, inflation, recessions, debt and deficits, economic growth, the expanding role of the Federal Reserve, and policies to provide stability to the economy. Additional attention is given to the making of economic policy in an era of globalization. Finally, students are exposed to multiple schools of thought regarding macroeconomic reasoning. Prerequisite: ACT math score of 19 or above

 ECON 202 - MICROECONOMICS (3 credits)

The theory of microeconomics makes use of the tools of marginal cost-benefit analysis to provide a framework for the economic analysis of decision-making. The focus is on the choices of individual firms and consumers, and the resultant outcomes in individual markets. The social implications of the functioning of competitive markets are examined, as well as the causes of market failure and the potential roles of government in correcting them. Prerequisite: ACT math score of 19 or above

 ECON 216 - STATISTICS FOR BUSIN ECONOMICS (3 credits)

An introduction to descriptive statistics and statistical inference, with application in business, including hypothesis testing, confidence intervals, and simple regression analysis. Prerequisite: MATH 140, MATH 141, or MATH 151 with a minimum grade of “C-.”

 ECON 302 - INTERMEDIATE MICROECONOMICS (3 credits)

Intermediate Microeconomics extends the analysis of individual economic behavior and the functioning of markets learned in ECON 202 by incorporating the more sophisticated microeconomic models used in more advanced economic analysis. Topics include the theories of the consumer and the firm, the functioning of market, and the impact of market structure on price formation. Prerequisites: ECON 202

 ECON 315 - LABOR ECONOMICS (3 credits)

The central questions in the field of labor economics are how wages are determined, and why a market economy provides such a vast range of possible rewards to human labor. To answer them, this course examines the role of market forces (the supply of and demand for labor) as well as that of social, political, and economic institutions. Prerequisites: MATH 140, MATH 141, or MATH 151 with a minimum grade of “C-”

 ECON 316 - ECONOMETRICS (3 credits)

The application of advanced statistical methods and modeling to an empirical understanding of economic issues. Combines elements of statistical reasoning with economic theory and provides an excellent opportunity to combine concepts learned in previous economics courses. Topics covered include multiple regression analysis, model specification, dummy variables, multicollinearity heteroscedasticity, autocorrelation, limited dependent variables, simultaneity, time series, forecasting, and methodological issues.Prerequisites: MATH 140, MATH 141, or MATH 151 with a 'C-' or better

 ECON 361 - MONEY BANKING FINANCL MARKETS (3 credits)

A survey of the core topics relating to the monetary sector of the economy. This includes an examination of the role and nature of money, financial institutions and markets, banking structure and regulation, determinants of interest rates, central bank policy, exchange rates, and the international monetary system. Attention is also given to particular monetary episodes such as the Great Depression, the Latin American debt crisis, the collapse of the Mexican Peso, and the Asian monetary collapse. Prerequisites: MATH 140, MATH 141, or MATH 151 with a minimum grade of “C-”

 ECON 370 - NATURAL RESOURCE ECONOMICS (3 credits)

A study of the efficient and equitable use of society's scarce natural resources. This course discusses the application of economic theory to natural resource problems, such as externalities and resource extraction. Particular attention will be placed on Western United States issues, including water, energy, mineral extraction, forestry and public land use. Prerequisites: MATH 140, MATH 141, or MATH 151 with a minimum grade of “C-”

 ECON 397 - ST: CONTEMPORARY ISSUES (1 credits)

Prerequisite: overall GPA of 2.500 or higher, or department chair permission.

 ECON 476 - AMERICAN ECONOMIC DEVELOPMENT (3 credits)

An inquiry into sources and character of American economic development. A survey is provided of several key moments in American political economy such as the market revolution, reconstruction, populism, progressivism, the Great Depression, the New Deal, and globalization. Students are asked to engage the ideas, social movements, and institutions that have shaped the modern American economy. Prerequisite: Instructor permission.

 GEOL 105 - PHYSICAL GEOLOGY LAB GSC1 (1 credits)

An introduction to identification of minerals and rocks and a discussion of their genesis followed by a study of landscapes formed by mass wasting, rivers, glaciers, ground water, and nearshore processes. Many of these principles are observed on local field trips. Prerequisite or corequisite: GEOL 101.

 MATH 140 - COLLEGE ALGEBRA GMA1 (3 credits)

An integration of the essential algebraic manipulations, solving equations and inequalities, polynomial functions, exponential and logarithmic functions, and techniques of graphing. Prerequisite: ACT math score of 19 or above

Scholarships

Scholarships associated with academic programs usually have a specific scholarship application form that can easily be obtained by contacting that academic program's office or visiting that academic program's web page. If you have any questions, please contact the Financial Aid office at 970.943.3085 or 800.876.5309.

 Billmeyer, Matthew Memorial Scholarship

Available to:
Full-time students of any class with a GPA of 2.0 or greater. Preference given to students majoring in Department of Business, Accounting & Economics.

Provided by:
The Billmeyer family in memory of Matthew Billmeyer "79."

Amount:
Award depends on funds available.

Selected by:
Department of Business, Accounting & Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Binford, Harold E. Business Scholarship

Available to:
Students majoring in Business or Accounting; must have completed 60 hours of course work of which a minimum of 30 hours must at Western, be among top 5 as ranked by overall GPA.

Provided by:
Friends to honor Dr. Binford when he retired from Western State Colorado University as Professor and Chairman of the Division of Business.

Amount:
Amount will be determined based on funds available. 2 awards annually.

Selected by:
Western State Colorado University Business Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Borick, Business Scholarship

Available to:
Declared majors in Business, Accounting and Economics who are US citizens. Must be a full-time student with a GPA of 3.4 or greater. Must demonstrate academic promise and financial need. Preference given to students actively involved in the BUS, ACC, ECON department and involved on campus.

Provided by:
Steven Borick '75'

Amount:
Awards based on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Cherry, Denver Memorial Accounting Scholarship

Available to:
Accounting majors, junior or senior standing, full-time students with a GPA of 3.0 or greater and demonstrate academic promise.

Provided by:
Family of Denver Cherry.

Amount:
Award depends on funds available.

Selected by:
Business Dept.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Cox, James H. Business Administration Scholarship

Available to:
Declared majors in Business Administration, Jr or Sr status, full-time students with a GPA of 2.0 - 2.5 preferred. Student needs to be recommended by 1 or more Western Business division faculty. Preference given to members of Delta Sigma Pi, New York State Residents and Community College graduates.

Provided by:
James H Cox 1966 and 1968 graduate of Western.

Amount:
Award depends on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Depp, Stephen Paul Memorial Scholarship

Available to:
Non-traditional students enrolled as a business major with a GPA of 3.0

Provided by:
The Depp family (Paul ’74 and Roberta) and friends to honor the memory of Stephen Paul Depp

Amount:
Award depends on funds available

Selected by:
Department of Business, Accounting and Economics

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Eastman, Donald S. Business Scholarship

Available to:
Western State Colorado University students who are majoring in Accounting or Economics and have earned at least 30 hours at Western.

Provided by:
Don Eastman.

Amount:
Award depends on funds available.

Selected by:
Western State Colorado University Business Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Gunnison Savings and Loan Scholarship

Available to:
Must have a GPA of 3.0 or higher and be a Business, Accounting or Economics Major. Must also be a member of GS&L.

Provided by:
Donation from Gunnison Savings & Loan.

Amount:
$750 (Pending funding)

Selected by:
Dept of Business, Accounting & Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Haverly, F. S. Academic Scholarship

Available to:
Full-time Business, Accounting or Economics majors. Recipients must maintain a GPA of 3.0 or better and have completed, or will complete 60 credit hours at Western by semester end in which scholarship is awarded. Students must have financial need.

Provided by:
A gift from F.S. Haverly who was an Accounting professor at Western for over 20 years.

Amount:
One scholarship for $1000 or two scholarships for $500.

Selected by:
Western State Business Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Kregel, Kathleen Scholarship

Available to:
Full-time female Business, Accounting or Economics majors, who are Colorado residents. Recipients must maintain a GPA of 3.2 or better and have recipient-year class standing of sophomore through senior. Students must have financial need.

Provided by:
Kathleen M. Kregel ('87 MBA) & James R. Smith.

Amount:
Award depends on funds available.

Selected by:
Western State Business Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Little, Robert and Gloria Memorial Business Scholarship

Available to:
Declared majors in Business, Accounting and Economics, full-time students with a GPA of 2.8 or greater. Have both academic promise and financial need.

Provided by:
Robert Little in memory of Gloria Little.

Amount:
14 awards of $500.00 each.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Mikesell Scholarship In Accounting

Available to:
Students with a declared majors in Accounting. Colorado residents and US citizens. Must have a cumulative GPA of 3.0 or greater, and demonstrate financial need. Preference placed on students who attended High School in communities with a population of less than 10,000. Scholarship may be renewable.

Provided by:
Greg and Monica Mikesell.

Amount:
1 award for $1200.

Selected by:
Accounting Faculty.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Miller, Marshall Business Scholarship

Available to:
Business majors who are graduates of a Colorado high school. Students must have junior/senior status with a minimum GPA of 2.25. Students must demonstrate financial need and high personal standards.

Provided by:
Marshall Miller.

Amount:
Depending on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Porter, Ralph E. Business Administration Scholarship

Available to:
Full-time Business Administration majors. Recipients must maintain a GPA of 3.0 or better.

Provided by:
Ralph Porter who was associated with Western State Colorado University for more than sixty years. He worked directly to serve the College as a student, Secretary to the President, Treasurer, and Business Manager.

Amount:
Award depends on funds available.

Selected by:
Western State Colorado University Business, Accounting & Economics Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Reed, J. Ralph Business Scholarship

Available to:
Declared majors in Business, Accounting and Economics. Must be a full-time student with a GPA of 3.5 or greater. Must demonstrate academic promise and financial need. Students who have distingushed themselves as people of strong character and morals. Preference given to those actively involved in the department.

Provided by:
LIATIS Foundation.

Amount:
Awards based on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Whiting, Vern Memorial Scholarship

Available to:
Full-time students majoring in Business, Accounting or Economics. Students must be junior or senior standing and must demonstrate financial need. Students must have exhibited a work ethic that has assisted in financing their education. Preference given to non-traditional students.

Provided by:
Vern's wife, Nell, and family and friends.

Amount:
$250.

Selected by:
Faculty of the BUS, ACC, ECON department in consultation with the Financial Aid Office.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Wilson, Roger E. Memorial Business Scholarship

Available to:
Full time Colorado residents who demonstrate financial need. Must be majoring in Business, Accounting or Economics. 2.5 GPA required to maintain scholarship.

Provided by:
Douglas A. Wilson to honor his brother.

Amount:
Depending on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Business, Accounting and Economic Scholarships


[Anchor] The following scholarships are available to students in the Business, Accounting and Economics (BAE) department. 

Billmeyer, Matthew Memorial Scholarship
Binford, Harold E. Business Scholarship
Bonanza Creek Scholarship
Borick, Business Scholarship
Cherry, Denver Memorial Accounting Scholarship
Chesapeake Energy PLRM Scholarship
Cox, James H. Business Administration Scholarship
Cummins, D.H. and Mildred Scholarship Fund
Denver Association of Petroleum Landmen
Depp, Stephen Paul Memorial Scholarship
Eastman, Donald S. Business Scholarship
Encana, Oil & Gas (USA) Inc.
Fidelity Charitable Gift Fund
Gunnison Energy Corporation
Gunnison Energy PLRM Scholarship for the Gunnison Valley
Gunnison Savings & Loan Scholarship
Haverly, F.S. Academic Scholarship
Kregel, Kathleen Scholarship
Little, Richard and Gloria Memorial Business Scholarship
Long, John S. Scholarship
McElvain, T.H. Scholarship
Mikesell Scholarship in Accounting
Miller, Marshall Business Scholarship
Mt. Emmons Project Professional Land & Resource Management Scholarship
Porter, Ralph E. Business Administration Scholarship
Questar Exploration & Production Company Scholarship
Reed, J. Ralph Business Scholarship
Sloan, Alva W. Memorial Accounting Internship
Solich, George & Carol Scholarship
Urban, Paul "Legends of Industry" Scholarship
Whiting, Vern Memorial Scholarship
Wilson, Roger E. Memorial Business Scholarship

[Anchor] BILLMEYER, MATTHEW MEMORIAL SCHOLARSHIP


Available to:
Full-time students of any class with a GPA of 2.0 or greater. Preference given to students majoring in Department of Business, Accounting & Economics.

Provided by:
The Billmeyer family in memory of Matthew Billmeyer "79."

Amount:
Award depends on funds available.

Selected by:
Department of Business, Accounting & Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] BINFORD, HAROLD E. BUSINESS SCHOLARSHIP


Available to:
Students majoring in Business or Accounting; must have completed 60 hours of course work of which a minimum of 30 hours must at Western, be among top 5 as ranked by overall GPA.

Provided by:
Friends to honor Dr. Binford when he retired from Western State College as Professor and Chairman of the Division of Business.

Amount:
Amount will be determined based on funds available. 2 awards annually.

Selected by:
Western State College Business Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] BONANZA CREEK SCHOLARSHIP

Available to:
Full-time students that have been accepted in the PLRM program. Must have a minimum GPA of 2.0 and demonstrate financial need.

Provided by:
Bonanza Creek Energy Operating Company, LLC.

Amount:
Award depends on funds available (approximately $1000).

Selected by:
Chair(s) of the PLRM Program.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] BORICK, BUSINESS SCHOLARSHIP


Available to:
Declared majors in Business, Accounting and Economics who are US citizens. Must be a full-time student with a GPA of 3.4 or greater. Must demonstrate academic promise and financial need. Preference given to students actively involved in the BAE department and involved on campus.

Provided by:
Louis Borick on behalf of his son Steven Borick "75."

Amount:
Awards based on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] CHERRY, DENVER MEMORIAL ACCOUNTING SCHOLARSHIP


Available to:
Accounting majors, junior or senior standing, full-time students with a GPA of 3.0 or greater and demonstrate academic promise.

Provided by:
Family of Denver Cherry.

Amount:
Award depends on funds available.

Selected by:
Business Dept.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] CHESAPEAKE ENERGY PLRM SCHOLARSHIP


Available to:
PLRM majors with a minimum GPA of 3.00. Students must demonstrate involvement in extracurricular activities and dedication to the PLRM program.

Provided by:
Chesapeake Energy.

Amount:
5 awards of $4000.

Selected by:
PLRM Faculty.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor]
COX, JAMES H. BUSINESS ADMINISTRATION SCHOLARSHIP


Available to:
Declared majors in Business Administration, Jr or Sr status, full-time students with a GPA of 2.0 - 2.5 preferred. Student needs to be recommended by 1 or more WSC Business division faculty. Preference given to members of Delta Sigma Pi, New York State Residents and Community College graduates.

Provided by:
James H Cox 1966 and 1968 graduate of WSC.

Amount:
Award depends on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] CUMMINS, D. H. AND MILDRED SCHOLARSHIP FUND

Available to:
Gunnison High School graduate majoring in business, chemistry or history at Western State College, with a minimum of 30 credit hours. Students must be prepared to demonstrate financial need, a positive attitude and academic ability.
Provided by:
Dr. D.H. Cummins, Professor of History and Dean of Academic Affairs at Western State College, in memory of his wife, Mildred, who taught in the Gunnison Public Schools. In addition, contributions to the scholarship have been made by family and friends in memory of both D.H. and Mildred Cummins.
Amount:
Award depends on funds available.
Selected by:
Donor Scholarship Committee in cooperation with the Western State Foundation and the Director of Financial Aid.
Application:
Complete and submit Western's Common Scholarship Application. Narrative should demonstrate financial need, positive attitude and academic ability.
 
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[Anchor] DENVER ASSOCIATION OF PETROLEUM LANDMEN


Available to:
Full-time students with at least a Junior status, enrolled in the Professional Land and Resource Management Program.

Provided by:
Denver Association of Petroleum Landmen

Amount:
Award depends on funds available.

Selected by:
Chair(s) of the PLRM Program

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] DEPP, STEPHEN PAUL MEMORIAL SCHOLARSHIP


Available to:
Non-traditional students enrolled as a business major with a GPA of 3.0

Provided by:
The Depp family (Paul ’74 and Roberta) and friends to honor the memory of Stephen Paul Depp

Amount:
Award depends on funds available

Selected by:
Department of Business, Accounting and Economics

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] EASTMAN, DONALD S. BUSINESS SCHOLARSHIP


Available to:
Western State College students who are majoring in Accounting or Economics and have earned at least 30 hours at WSC.

Provided by:
Don Eastman.

Amount:
Award depends on funds available.

Selected by:
Western State College Business Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] ENCANA OIL & GAS (USA) INC.


Available to:
Full-time students that have been accepted in the PLRM program. Students must have a minimum GPA of 3.0. Financial need will be considered.

Provided by:
Encana Oil & Gas (USA) Inc.

Amount:
Award depends on funds available.

Selected by:
Chair(s) of the PLRM Program.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] FIDELITY CHARITABLE GIFT FUND


Available to:
Full-time students that have been accepted in the PLRM program. Financial need may be considered.

Provided by:
MDU Resources Foundation and Fidelity Exploration & Production Company.

Amount:
Award depends on funds available (approximately $600).

Selected by:
Chair(s) of the PLRM Program.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] GUNNISON ENERGY CORPORATION


Available to:
Full-time students that have obtained junior or senior status and have been accepted in the PLRM program. Financial need may be considered. Students must be from Western Colorado.

Provided by:
Gunnison Energy Corporation.

Amount:
Award depends on funds available.

Selected by:
Chair(s) of the PLRM Program.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] GUNNISON ENERGY PLRM SCHOLARSHIP FOR GUNNISON VALLEY


Available to:
Full-time students that are graduates of Gunnison High School and have been accepted in the PLRM program. Financial need may be considered. Students must be a Freshman or seeking an Additional Bachelors Degree.

Provided by:
Gunnison Energy Corporation.

Amount:
2 awards of $2500 each.

Selected by:
Chair(s) of the PLRM Program in consultation with the Financial Aid Office.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] GUNNISON SAVINGS AND LOAN SCHOLARSHIP


Available to:
Must have a GPA of 3.0 or higher and be a Business, Accounting or Economics Major. Must also be a member of GS&L.

Provided by:
Donation from Gunnison Savings & Loan.

Amount:
$750

Selected by:
Dept of Business, Accounting & Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] HAVERLY, F. S. ACADEMIC SCHOLARSHIP


Available to:
Full-time Business, Accounting or Economics majors. Recipients must maintain a GPA of 3.0 or better and have completed, or will complete 60 credit hours at WSC by semester end in which scholarship is awarded. Students must have financial need.

Provided by:
A gift from F.S. Haverly who was an Accounting professor at Western for over 20 years.

Amount:
One scholarship for $1000 or two scholarships for $500.

Selected by:
Western State Business Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] KREGEL, KATHLEEN SCHOLARSHIP


Available to:
Full-time female Business, Accounting or Economics majors, who are Colorado residents. Recipients must maintain a GPA of 3.2 or better and have recipient-year class standing of sophomore through senior. Students must have financial need.

Provided by:
Kathleen M. Kregel ('87 MBA) & James R. Smith.

Amount:
Award depends on funds available.

Selected by:
Western State Business Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] LITTLE, ROBERT AND GLORIA MEMORIAL BUSINESS SCHOLARSHIP


Available to:
Declared majors in Business, Accounting and Economics, full-time students with a GPA of 2.8 or greater. Have both academic promise and financial need.

Provided by:
Robert Little in memory of Gloria Little.

Amount:
14 awards of $500.00 each.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] LONG, JOHN S. SCHOLARSHIP


Available to:
Juniors and Seniors in the Professional Land and Resource Management Program who have a cumulative GPA of 2.5 or better.

Provided by:
The Denver Association of Petroleum Landmen in memory of John S. Long, a well-known and well-loved Landman in the Denver Oil Community.

Amount:
$1000 - $2500

Selected by:
The John S. Long Scholarship Fund Committee

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] McELVAIN, T.H. SCHOLARSHIP


Available to:
PLRM majors who have a minimum GPA of 3.00. Financial need will be considered.  Preference will be given to children of McElvain employees.

Provided by:
McElvain Oil & Gas Company.

Amount:
Award depends on funds available.

Selected by:
PLRM Faculty.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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MIKESELL SCHOLARSHIP IN ACCOUNTING


Available to:
Students with a declared majors in Accounting. Colorado residents and US citizens. Must have a cumulative GPA of 3.0 or greater, and demonstrate financial need. Preference placed on students who attended High School in communities with a population of less than 10,000. Scholarship may be renewable.

Provided by:
Greg and Monica Mikesell.

Amount:
1 award for $1200.

Selected by:
Accounting Faculty.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] MILLER, MARSHALL BUSINESS SCHOLARSHIP


Available to:
Business majors who are graduates of a Colorado high school. Students  must have junior/senior status with a minimum GPA of 2.25.  Students must demonstrate financial need and high personal standards.

Provided by:
Marshall Miller.

Amount:
Depending on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] MOUNT EMMONS PROJECT PROFESSIONAL LAND AND RESOURCE MANAGEMENT SCHOLARSHIP


Available to:
Full-time students with a junior or senior status within the PLRM program.  Must demonstrate financial need.  Must have a GPA of 2.85 or greater.  Must express a stong interest in pursuing a professional career in the Natural Resource industry with a preference for students interested in a career in the mining industry and related fields.  Must support the economic development of the nation's natural resources.

Provided by:
Mt. Emmons Moly Company for the Mount Emmons Project

Amount:
Annual scholarship of $1,500

Selected by:
Chair(s) of the PLRM Program

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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[Anchor] PORTER, RALPH E. BUSINESS ADMINISTRATION SCHOLARSHIP


Available to:
Full-time Business Administration majors. Recipients must maintain a GPA of 3.0 or better.

Provided by:
Ralph Porter who was associated with Western State College for more than sixty years. He worked directly to serve the College as a student, Secretary to the President, Treasurer, and Business Manager.

Amount:
Award depends on funds available.

Selected by:
Western State College Business, Accounting & Economics Department.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

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QUESTAR EXPLORATION & PRODUCTION COMPANY SCHOLARSHIP

Available to:
Full-time students that have been accepted in the PLRM program. Financial need may be considered.

Provided by:
Questar Exploration and Production Company.

Amount:
Award depends on funds available (two scholarships of approximately $2,500 each).

Selected by:
Chair(s) of the PLRM Program.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

REED, J. RALPH BUSINESS SCHOLARSHIP

Available to:
Declared majors in Business, Accounting and Economics. Must be a full-time student with a GPA of 3.5 or greater. Must demonstrate academic promise and financial need. Students who have distingushed themselves as people of strong character and morals. Preference given to those actively involved in the department.

Provided by:
LIATIS Foundation.

Amount:
Awards based on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

SLOAN, ALVA W. MEMORIAL ACCOUNTING INTERNSHIP

Available to:
Students who have earned at least 60 hours of college credit and majoring in Accounting or Business at Western. Preference given to legal residents of Colorado; who qualify for financial assistance through work-study programs.

Provided by:
His wife, Millie, family and friends, as a tribute to the memory of a man who served Western State College with exceptionally high standards for seventeen years as an Accountant and Controller.

Amount:
Spring term award is approximately $500.

Selected by:
Chair, Business, Accounting & Economics Department, V.P. Business Affairs and Controller through application and personal interviews.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

Other:
Award provides payment for practical experience in the Western State College Accounting Office. Academic credit can also be earned through the Department of Business and Accounting.

SOLICH, GEORGE & CAROL SCHOLARSHIP

Available to:
Full-time students that have been accepted in the PLRM program. Financial need may be considered.

Provided by:
The Energy Cup Matches.

Amount:
Award depends on funds available (approximately $1300).

Selected by:
Chair(s) of the PLRM Program.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

URBAN, PAUL 'LEGENDS OF INDUSTRY' SCHOLARSHIP

Available to:
Full-time students that have been accepted in the PLRM program. Recipients must maintain a 3.3 GPA and be involved in extra-curricular activities.  Scholarship is to be used for tuition ONLY.  Students who have scholarships that already cover tuition expenses are ineligible.

Provided by:
Paul's wife, Ann Marie, Eric McGlone and other friends.

Amount:
Award depends on funds available.

Selected by:
Chair(s) of the PLRM Program and Ann Urban.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

WHITING, VERN MEMORIAL SCHOLARSHIP

Available to:
Full-time students majoring in Business, Accounting or Economics. Students must be junior or senior standing and must demonstrate financial need.  Students must have exhibited a work ethic that has assisted in financing their education.  Preference given to non-traditional students.
 

Provided by:
Vern's wife, Nell, and family and friends.

Amount:
$250.

Selected by:
Faculty of the BAE department in consultation with the Financial Aid Office.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

WILSON, ROGER E. MEMORIAL BUSINESS SCHOLARSHIP


Available to:
Full time Colorado residents who demonstrate financial need. Must be majoring in Business, Accounting or Economics. 2.5 GPA required to maintain scholarship.

Provided by:
Douglas A. Wilson to honor his brother.

Amount:
Depending on funds available.

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

 Locke, Patty Accounting Scholarship for Women

Available to:
Excellent female student in accounting.

Provided by:
Patty Locke

Amount:
Award depends on funds available

Selected by:
Department of Business, Accounting and Economics.

Application:
Contact the Department of Business, Accounting & Economics for scholarship application and deadline information. (970) 943-2019 - Borick Business Building 213

Faculty & Staff

Faculty

Professor of Economics
B.A., University of Colorado; Ph.D., University of Oregon.
Phone: (970) 943-2893
Office Location: Borick Business Building 246
Professor of Economics
B.A., Ph.D., University of Utah.
Phone: (970) 943-2097
Office Location: Borick Business Building 227
Professor of Economics
B.A., Boston University; Ph.D., University of Utah.
Phone: (970) 943-2207
Office Location: Borick Business Building 244