Scott Wallace

Scott Wallace is a Professor in the Department of Economics within the School of Business and Economics at the University of Wisconsin-Stevens Point (UW-Stevens Point), where he has been a faculty member since 2000. He currently serves as the Director and Editor of the Center for Business and Economic Insight and chairs the School's Diversity Task Force, reflecting his leadership and commitment to institutional development.

• Ph.D. in Economics, University of Connecticut, 1999
• M.A. in Economics, University of Connecticut, 1995
• B.A. in Economics, Drew University, 1982

His research focuses on the Economics of Organization, Economics of Innovation, Industrial Organization, and Business History. He explores how institutional structures, innovation dynamics, and historical contexts shape firm behavior and market outcomes. His scholarly work contributes to understanding labor market monopsony, pension systems, and economic education.

His publication record, though sparsely detailed here, includes a 2018 article examining whether defined benefit pensions restrict labor mobility through monopsony power in the American labor market—a study situated at the intersection of labor economics and public policy.

Professional Memberships:

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

Dr. Wallace has been actively involved in academic governance, serving as Faculty Representative on the UW-Stevens Point Chancellor Search and Screen Committee (2020). He teaches courses such as Organizational Strategy (BUS 323), Analysis of Economic Conditions for Business in Wisconsin (BUS 760), and Principles of Microeconomics (ECON 111). He emphasizes student engagement, advising, and mentorship, encouraging students to build strong relationships with faculty and take ownership of their academic journey.

He is affiliated with the Center for Business and Economic Insight, where he leads research initiatives that connect economic scholarship with regional business needs, particularly through the MBA program tailored to Central Wisconsin.