Faculty and Staff Directory

Dr. Norman Masters has more than 40 years of experience as a college professor. He retired in 2009 from Newberry College as Full Professor and was later honored as Professor Emeritus of Business Administration and Economics. Masters was named a South Carolina Distinguished Proessor in 1992 by the Governor’s Office. He enjoys traveling to art museums in larger cities. His favorite museum is Frick Museum, founded by industrialist Henry Clay Frick in New York City. Masters uses art auction prices to teach demand and supply analysis.

“Students seem to be fascinated that someone might pay $120 million for a painting,” Masters said. “I say to them, ‘Simple, it’s only demand and supply!’”

Education

- Ph.D., Educational Administration, University of South Carolina. 
  Dissertation:  Risk Management for Minimizing Alcohol-Related
  Liability Exposures at Colleges and Universities of the
  Evangelical Lutheran Church in America. 
- M.B.A. from University of Richmond

Areas of Specialty/Interest

- Macroeconomics
- Microeconomics
- Financial Management/Planning
- Business Ethics