Economics
Study how people, organizations and societies allocate their resources.
Economists analyze market conditions, make forecasts and asses the economic impact of different kinds of government policy. As an economics major, you will:
- Examine the relationship between individual economic agents – such as households and businesses – and the performance of the economy as a whole.
- Leverage quantitative analysis methods to interpret real-world data.
- Use historical data and statistical models to predict economic trends.
At A Glance
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12:1Student-to-faculty ratio
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18Average class size
Possible Careers
Study how people, organizations and societies allocate their resources.
Economists analyze market conditions, make forecasts and asses the economic impact of different kinds of government policy. As an economics major, you will:
- Examine the relationship between individual economic agents – such as households and businesses – and the performance of the economy as a whole.
- Leverage quantitative analysis methods to interpret real-world data.
- Use historical data and statistical models to predict economic trends.
Explore
Student & Alumni Spotlights
No one describes the Alma experience better than those living it. Explore their stories, in their own words, below.
I truly feel like it wasn't just my major, it was my whole Alma education that serves me so well in my career.
I truly feel like it wasn't just my major, it was my whole Alma education that serves me so well in my career.
Get to Know Economics
Meet the Faculty
Professional Development
As an economics major, you'll be encouraged to participate in an internship that provides valuable industry experience. Find out more about career support at Alma.
Explore the Curriculum
Learn more about the fundamental courses that will offer a roadmap for your academic growth and expertise development.
Where theory meets practice.
Economics is about more than just money. It impacts almost every aspect of our society — from crime, marriage and divorce to health, addiction and voting behavior. At Alma, you’ll pursue a comprehensive education that acknowledges these interdisciplinary connections.
You’ll take introductory courses in micro- and macroeconomics and delve into the history of the field. You’ll explore money and capital markets, public finance, economic development, labor economics and international trade and markets. We also recommend taking electives from other areas, such as computer science, business and philosophy.
You’ll learn through doing, too. Most economics majors complete a for-credit internship before they graduate. You can also undertake an independent study, where you’ll design a practical project with the guidance of a faculty mentor.
What You Need to Know
We designed our curriculum to prepare you to progress to graduate school or enter the workforce directly. Our alumni have gone on to leading economics, law and business programs. Others have built careers in high-paying industries like business, finance and accounting.
You’ll enjoy excellent earning potential, too. A recent study found that majoring in economics could boost a college graduate’s early career income by more than $20,000. And in 2021, the median salary for an economist was $105,630 — more than double the national average.
Get Connected
Student Organizations
At Alma, you’ll find opportunities to grow at every turn. In our 100+ student organizations, you can get outside your comfort zone, make new friends and hone your leadership skills.
