Are you curious why some countries and empires thrive and others never seem to get off the ground? Are you certain there’s a difference between capitalism and communism, but you’re not really sure what it is? Are you fascinated by the deep connection between politics, culture and money? If your desire is to grasp why countries make the decisions they do, they an Economics major may be just right for you.
Economics majors study economic theory and economic systems, as well as statistics and economic history. They seek to understand the different ways in which countries and cultures utilize resources, trade goods and services, and create thus create the world we see around us. Economics majors study economies on local and global scales, studying how businesses interact throughout the world to help or sometimes hinder populations.
Economics majors will study economic theory, business economics, environmental economics, finance and international trade, as well as micro and macro economics and statistics.
Useful classes in high school include calculus, economics, current world problems, foreign language study, and classes in both American and world history.
Economics majors go into a variety of fields: government, banking, academics, and finance are just a few.
Famous figures with Economics majors include John Elway, Steve Ballmer, President Gerald Ford, and Sadie Tanner Mossell Alexander, the first black woman in America to receive a PhD.