Cameron School of Business at UNCW

The Economic Importance of Coastal and Marine Resources to Tourism in Barbados

Posted by Cameron School of Business on Jul 19, 2017 8:06:40 AM

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Topics: Economics, tourism

The Message In The Stock Market For The Economic Future

Posted by Cameron School of Business on Jun 16, 2017 9:00:00 AM


(Photo: Dr. Bill Sackley with students in the Financial Trading Room of the Computer Information Systems building)

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Topics: Economics, Today's Economy, stock market

The Economic Value Of The Natural Environment

Posted by Cameron School of Business on Jun 9, 2017 9:00:00 AM

Guest Blogger: Dr. Peter Schuhmann, Professor of Economics, Cameron School of Business

What is clean air worth? Is clean water good for the economy? Do parks, wetlands, beaches and coral reefs have real economic value? 

These are important and timely questions to consider as politicians and policymakers debate the merits of environmental protection.  Arguments for scaling back environmental regulations often include suggestions that environmental protection limits “free” market forces, increases costs to businesses, results in less economic activity and causes the economy to preform worse than it would if such regulations were absent.  

Underlying this argument is an assumption that there will be more profits, more jobs and lower prices without environmental regulations.  The purpose of this post is to provide an alternative perspective. Environmental protection often creates real economic benefits that can improve our lives and make our economy stronger.  

As an economics professor in the Cameron School of Business at UNCW, part of my job is to teach students about the power of markets.  We know markets do many things very well. Markets allow each of us to focus on what we are good at doing, which enhances overall productivity and allows us the time and freedom to enjoy leisure. By trading with each other we can have: comfortable homes; safe transport; clothes to keep us warm and fashionable; access to goods and services from all over the world; the ability to instantly communicate with people across the planet; and access to countless forms of entertainment.

Why do markets work so well to provide things we value? Because people (as all living things) are adapted to look after themselves and advance their own interests. When combined over millions of individuals, the incentives created by self-interest guide markets to provide mutually beneficial outcomes, a la Adam Smith’s invisible hand.  We become collectively better off when we voluntarily trade with each other. Markets and trade improve our lives.

But there are other sources of value, and there are many valuable goods and services that “free” markets do not provide.  For example, we derive real value from many goods and services provided by the natural environment but if left alone, “free” markets will not provide us with the optimal amount of parks, green space, wetlands, clean air or clean water. 

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Topics: Economics, National Economy, environment

What U.K.’s ‘Brexit’ Means For The U.S.

Posted by Cameron School of Business on May 12, 2017 8:02:00 AM

May 2017 Editor's Note: This post was originally published in November 2016 and has been updated for accuracy and comprehensiveness.

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Guest Blogger: Dr. Danny Soques, Assistant Professor of Economics, Cameron School of Business

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Topics: Economics, Insights, National Economy

Featured Alumnus: Patrick Morris '15

Posted by Cameron School of Business on May 5, 2017 9:00:00 AM

At every junction in his recent life, Patrick Morris, a 2015 UNCW graduate of the Cameron School of Business, is finding more and more reasons to be thankful for the education and experience he gained from attending UNCW. 

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Topics: Alumni, Economics, Government, finance, military

The Value of Green Space: The 'Greenbelt'

Posted by Cameron School of Business on Apr 21, 2017 9:20:00 AM

Guest Bloggers: Dr. Edward Graham, Professor of Finance, and Dr. Adam Jones, Associate Professor of Economics, Department of Economics and Finance

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Topics: Economics, real estate, greenspace, home values

Understanding U.S. Incentives For Keeping Foreign Earnings Abroad

Posted by Cameron School of Business on Mar 17, 2017 11:32:58 AM

March 2017 Editor's Note: This post was originally published in November 2016 and has been updated for accuracy and comprehensiveness.

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Guest Blogger: Zhan Furner, Ph.D., Assistant Professor of Accounting, Cameron School of Business

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Topics: Accounting, Cameron Faculty, Cameron School of Business, Economics, global, Insights, International, taxes

Record-Low Interest Rates, Out-Of-Control Budget

Posted by Cameron School of Business on Mar 17, 2017 11:27:29 AM

March 2017 Editor's Note: This post was originally published in September 2016 and has been updated for accuracy and comprehensiveness.

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This post was contributed by Dr. Thomas Simpson, Ph.D., Executive in Residence for the Department of Economics and Finance at Cameron School of Business, UNC-Wilmington. The piece is based on research found in the recently published Economic Barometer. Economic Barometer is a quarterly snapshot of local, regional and national economic trends produced by the UNCW Swain Center economic and financial team.

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Topics: business, Economics, Government, Interest Rates, National Economy, Today's Economy

Global Perspectives are Essential in Today's Business World

Posted by Cameron School of Business on Mar 17, 2017 11:19:01 AM

March 2017 Editor's Note: This post was originally published in July 2016 and has been updated for accuracy and comprehensiveness.

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Guest Blogger: Dr. Robert Burrus, Dean of the Cameron School of Business

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Topics: Economics, International, prague

Cameron School of Business at UNCW

UNCW was established as Wilmington College in 1947. The Department of Business and Economics became the Cameron School of Business in 1979. Focused on the transformation of today’s business world from the industrial age into the information age, business education at the Cameron School of Business is focused on the technical, analytical and interpersonal skills students will need to lead this fundamental change in the business world through the 21st century.

On our blog, you will find:

  • Stories of our students, both past and present
  • Highlights of our impressive faculty and staff members
  • Exciting ties to the community
  • Business tips and insights on both a local and international scale
For more information, visit our site or reach out to us!

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