Bachelor in Economics

About

Economists build models and analyze data to understand how people make choices and how economies function.

The many subfields of economics cover a wide variety of topics, and decision-makers in governments as well as in business and other organizations use the tools of economics to inform their decisions.

You might enjoy this if you're interested in

• Understanding how social scientists approach the study of human behavior
• Careers in business, finance, consulting, law, public health, public service, education
• Developing abstract modeling skills to structure thinking
• Developing quantitative reasoning skills to assemble, structure, and analyze data
• Exploring how markets work and why it matters
• Exploring why some countries are rich, but most are not
• Exploring the roles of entrepreneurship & innovation in modern economies

Lawrentians sometimes pair economics with

• Mathematics
• Government
• Innovation & Entrepreneurship
• Psychology
• Music performance
• Foreign languages
• International studies
• Environmental studies
• Chinese studies
• Russian studies
• Global studies

Life After Lawrence

Lawrentians can enjoy careers in...

Consulting, finance, law, entrepreneurship, project management, production engineering, policy analysis, education, coaching, accounting, military service, wealth management, technology

Recent employers include...

Google, Kimberly-Clark, Epic Systems, The Boldt Company, Sentry Insurance, Deloitte S2G, Optum - United Health Group, Gravie, KGH Customs Services, InBev, Piper Jaffray, Zurich North America, J.P. Morgan, Deutsche Bank, Edward Jones, Bank of America, AON, US Federal Trade Commission, KPMG, Morningstar, Sargento Inc., Cardinal Health, Big Ten

Lawrentians can earn advanced degrees in...

Business administration (MBA), finance, quantitative finance, law, economics, political science, international economics, social & decision sciences, Latin American studies

Recent schools include...

Duke University, Columbia University, University of Wisconsin, University of Chicago, Carnegie Mellon University, Florida State University, Loyola University, North Carolina State University, University of British Columbia, University of Tokyo, Utrect University, Humboldt University of Berlin

Economics – Courses in game theory, international economics, investments, political economy, innovation & entrepreneurship, and advanced methods only scratch the surface of how you can focus your academic and professional interests. Recent economic graduates have been offered admission to graduate programs at Duke University, Columbia University, University of Wisconsin, University of Chicago, Carnegie Mellon University, Florida State University, Loyola University, North Carolina State University, University of British Columbia, University of Tokyo, Utrect University, Humboldt University of Berlin

Learn to marshal evidence and to dissect, structure and analyze qualitative and quantitative data

Learn to marshal evidence and to dissect, structure and analyze qualitative and quantitative data through our combination of abstract modeling and quantitative reasoning.

Components of the Major

Economics major

• Introductory Economics
• Calculus I (or Applied Calculus I and II)
• Microeconomic Theory
• Macroeconomic Theory
• Econometrics
• Five economics electives
• Senior Experience

Math-Econ Major

• Calculus I, II, & III
• Probability
• Foundations of Algebra
• Foundations of Analysis
• Optimization OR Mathematical Statistics
• One mathematics elective
• Introductory Economics
• Microeconomic Theory
• Macroeconomic Theory
• Econometrics
• Three economics electives
• Senior Experience

The Chandler Senior Experience

Your Senior Experience will have two options. The first is a seminar built around the work of a formidable economist or a topic of central interest to economists. Seminar participants meet to discuss the work and produce a paper in reaction to the reading, integrating theories and applications from economics coursework. The second option is to work with a faculty member and produce a research paper, building on a paper you have already submitted in one of your upper-division courses. Both options are truly culminations of content and tools developed in pursuit of the economics major. (Math-econ majors may complete one of the above components, or fulfill the mathematics department’s Senior Experience requirements. In either case, you will demonstrate the ability to combine topics in both disciplines.)

Recent Senior Experience projects include:

• Why Forests Fail: Exploring the Relationship between Institutions and Forest Management Practices in Haiti and the Dominican Republic (Research)
• Highway to Heaven: Marrying the Public and Private Sectors Through More Favorable Legislation to Fix Illinois’ Crumbling Infrastructure (Seminar)
• A Royal Problem: Planning Induced Housing Supply Constraints in London (Research)
• Give Me Liberty and Give Me Death? The American Experience with Smallpox and Typhoid in the Late 19th and Early 20th Centuries (Seminar)