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Scott Wallace


Experience and Interests

Teaching Experience

  • Professor, UW-Stevens Point (2012-present)
  • Associate Professor, UW-Stevens Point (2007-2012)
  • Assistant Professor, UW-Stevens Point (2000-2007)
  • Visiting Assistant Professor, Gustavus Adolphus College (1999-2000)
  • Adjunct Instructor, Trinity College (1998-1999)
  • Instructor, University of Connecticut (1994-1998)

Research Interests

  • Economics of Organization
  • Economics of Innovation
  • Industrial Organization
  • Business History



  • Director and Editor, UW-Stevens Point, School of Business and Economics Center for Business and Economic Insight (2020-present)
  • Chair, School of Business and Economics Diversity Task Force (2021-present)
  • Faculty Representative, UW-Stevens Point Chancellor Search and Screen Committee (2020-2020)

Professional Memberships

  • Member, National Association of Business Economics (2018-present)
  • Member, Midwest Business Administration Association International – Academy of Business Economics (2001-present)
  • Member, Wisconsin Economic Association (2001-present)
  • Member, American Economic Association (1996-present)

Presentations and Publications

Neuman, K., Wallace, S. (2018). Do Defined Benefit Pensions Create Monopsony Power? Evidence from the American Labor Market. Journal of Economics & Education Research, 19(1), 1 – 18.

Fun Facts

Last book you read?

Slouching Towards Utopia: An Economic History of the Twentieth Century by J. Bradford Delong

Best advice you ever received?

Pursue a Ph.D. in Economics from Professor Fred Curtiss (Drew University)

What did you want to be when you were growing up?


Favorite Quote?

Man’s capacity for justice makes democracy possible, but man’s inclination to injustice makes democracy necessary. – Reinhold Niebuhr

One thing about your school that you are most proud of?

I am very impressed with the quality, integrity, and energy of our young faculty. Our MBA program is superb and one that uniquely meets the needs of the Central Wisconsin region.

What do you enjoy most about teaching?

I love the ability to connect with our students. I want to get them excited about learning.

A piece of advice for students in your school?

Early on, establish relationships with professors and take full advantage of advising and other resources available. Take ownership of your academic career.

Scott Wallace
Director - Center for the Business and Economic Insight
Professor - Economics

334C College of Professional Studies


Ph.D. in Economics
University of Connecticut, 1999

M.A. in Economics
University of Connecticut, 1995

B.A. in Economics
Drew University, 1982


BUS 323 - Organizational Strategy
BUS 760 - Analysis of Economic Conditions For Business in Wisconsin
ECON 111 - Principles of Microeconomics
ECON 315 - Business and Government
ECON 317 - Economic Analysis of the Law
ECON 330 - Evolution of American Enterprise
ECON 340 - Industrial Organization
ECON 370 - Managerial Economics
ECON 376 - Analysis of Community Economic Development Data
ECON 420 - Economics of Organization