Seniors Steve Boyle, John Osberg, Jillian Reeser and Leo Schultz that were recently inducted into Niagara University’s Beta Epsilon Chapter of Omicron Delta Epsilon, the international honor society in economics. NU’s chapter was established in 1986 by Dr. Philip Scherer, professor emeritus.
The main objectives of Omicron Delta Epsilon (ODE) are recognition of scholastic attainment and the honoring of outstanding achievements in economics, the establishment of closer ties between students and faculty in economics, the publication of its official journal, The American Economist, and the sponsoring of panels at professional meetings. ODE is one of the world’s largest academic honor societies.
Each student was selected based on the completion of 12 semester hours of economics courses, attaining a minimum of a B average in all economics courses and an overall GPA of a B average in all classes.
Dr. William Peek, professor of economics and ODE faculty advisor, commended the students on this achievement, quoting the famous economist John Maynard Keynes, “Keynes once said that, ‘The theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions’”
Dr. Peek added, “This quotation resonates strongly with the students inducted this year. The inductees have all excelled in the study of economics using critical thinking and problem solving and have now been inducted into a very select group.”