Economics is a way of thinking about every aspect of human behavior – it can explain the management strategies of a business firm to why individuals partake in crime. Economics majors are trained to tackle problems by applying the “economic approach,” which relates the basic principles of rational choice to business decisions, public policy issues, and everyday life.

Economics majors have the ability to enter fields including law, politics, banking, government service, market research, insurance, real estate, and non-profit organizations among others.

What makes our Economics program distinctive?


  • Connect with professional economists and business executives through monthly Economics Club meetings.
  • Participate in trips to visit the Federal Reserve Bank of St. Louis or UBS London while studying abroad at Harlaxton College.
  • Work with faculty on academic research related to current economic issues.


  • 100 percent of economic students complete an internship.
  • Study a variety of subjects including International Trade, Monetary Economics, Environmental Economics, and Economic Development from faculty performing research in these fields.
  • Obtain skills in data analysis valuable in the current job market.
  • Learn two popular statistical software packages (Stata and R) used by economists and business analysts.

Bright futures:

  • Recent graduates have earned positions at Berry Global, Evansville Teacher’s Federal Credit Union, SS&C Technologies, The Boston Red Sox, Monarch Beverages, and Accuride.
  • Economics graduates have pursued graduate degrees at institutions like Northern Illinois University and Barcelona Graduate School of Economics.

Economics Program Requirements

General Education – 38 hours including Mathematics 134 or 221; Economics 497

Economics major – 33 hours: BUS 400; ECON 101, 102, 300, 345, 346, 398, 425 plus three courses (9 hours) upper division economics elective courses (may substitute up to two 300/400 level FIN or QM prefix courses); EXED 090; QM 227.

Supporting area – 18 hours (select one)

  • Business Administration: ACCT 210; FIN 361; MGT 377; MKT 325; QM 160, 227
  • Mathematics: MATH 221, 222, 365, 466; two courses (6 hours) of electives courses in mathematics above the 222 level. Students who select this area should not take MATH 134.
  • Other areas: Economics majors are invited to consult with their faculty advisor in designing other support areas. Examples might include communication, foreign language, international studies or computer science. A student must obtain approval for the self-designed area prior to the beginning of the senior year.

Free Electives – approximately 35 hours to total 124.

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Room 152, Schroeder School of Business Building