Undergraduate Major in Economics

Economists study how individuals, families, companies and nations confront difficult choices about how to use limited resources to meet various needs and wants. Evaluating these choices in terms of criteria such as efficiency, equity and stability, economists search for alternative forms of economic organization that might produce a desirable distribution of material well-being. In the major in economics, students understand the basic concepts, theories and techniques of economics and become familiar with the way economists think about problems and devise solutions to them.

Through introductory and intermediate courses in macroeconomics, the study of national income and price determination, and microeconomics, the study of consumers and producers within the larger economic system, the major provides students with the tools to learn a variety of economic problems. That foundation is complemented by the study of econometrics and advanced courses in macroeconomics and banking, international finance and trade, taxation and public spending, behavioral economics, the economics of developing countries, health care and the environment, as well as in economic theory and methods. Economics majors acquire analytical and critical thinking skills valuable for employment and graduate studies in economics and a wide range of fields and disciplines.



About Economics

Economics Major Goals & Curriculum

Undergraduate Economics Courses

View Undergraduate Economics Courses for descriptions, locations, and schedules. Classes are held on Northwestern's Evanston or downtown Chicago campuses, and meet once weekly in the evening or on Saturdays.

Major in Economics Admission & Transfer Policy

Application to Northwestern University School of Professional Studies bachelor's degree programs is completed online. Once admitted, many students create a shorter path to degree completion by applying transfer credit. View detailed application instructions and transfer credit policies on the Admission & Transfer Policy page.

Economics Tuition & Financial Aid

The School of Professional Studies offers competitive tuition rates for undergraduate courses. The Tuition & Financial Aid page lists current per-course tuition rates in addition to financial aid and scholarship opportunities. 

Registration for Economics Majors

Registration for courses opens 8 to 10 weeks before each quarter and is accessed CAESAR,  Northwestern's online student records system. View course registration timelines and instructions on the Registration Information page. 

Career Options for Economics Majors

The study of economics provides a solid preparation for a variety of jobs in government, industry, finance, consulting, banking, and more, as well as for MBA and MPA programs or law school. For details, see the Economics Career Options page.

Find out more about the Major in Economics

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