A major that provides a worldwide perspective and a broad range of career possibilities, Economics is a social science that studies the decision-making process of individuals, firms, and governments on allocating scarce resources in order to satisfy unlimited wants. Microeconomics focuses on the behavior of consumers and firms; macroeconomics on the behavior of the aggregate economy. Northern’s Economics Department offers a variety of courses that allow students to apply the economic way of thinking to fields such as, health, banking, law, sports, labor, and the environment; and emphasizes relevancy to current regional, national, and international issues.
At Northern, we strongly believe in learning by doing. With guidance from caring, engaged instructors, you will be challenged to “think on your feet,” developing strong critical thinking skills such as problem solving, analyzing data, adapting ideas and recognizing relevant connections. You will also strengthen your research, writing and oral communication skills—all critical tools for a 21st century global citizen.The demand for employees with a knowledge of economics is projected to grow faster than the average of other occupations.
Economics graduates acquire the analytical tools to pursue a wide a variety of careers such as, banking, business, finance, foreign affairs, government, health administration, labor relations, law, marketing, media, politics, public administration, real estate, research analysis, sales and more. Students that want to pursue graduate studies in Economics should take advantage as much as possible of the variety of upper level courses the department offers as well as advanced courses in mathematics and statistics.