Business major

Economics Major: What It Includes, Classes and Careers

Studies how people, businesses and governments make choices about scarce resources.

What does an Economics major include?

An Economics major includes coursework in microeconomics, macroeconomics, econometrics, money and banking, and public finance and more. You build skills such as data analysis, economic modeling, critical thinking, and research and writing. Typical degrees: bachelor's, master's and doctoral degrees.

  • Typical degrees
    Bachelor's, master's and doctoral degrees
  • Colleges reporting awards
    889
    U.S. schools, IPEDS
  • With online programs
    714
    Schools reporting fully online programs

About the Economics major

Economics majors learn microeconomics, macroeconomics and econometrics, using math and data to analyze markets, policy and behavior. Graduates work in finance, consulting, government and research, and the major is good preparation for law school and graduate study.

Classes you take

  • Microeconomics
  • Macroeconomics
  • Econometrics
  • Money and banking
  • Public finance
  • Statistics

Skills you build

  • Data analysis
  • Economic modeling
  • Critical thinking
  • Research and writing
  • Quantitative reasoning

Career paths for economics majors

Careers connected to this major. Each profile explains the work, how to get started and what the job is like day to day.

Minors that pair well with Economics

MinorHow it complements Economics
MathematicsSupports advanced economic modeling.
Data AnalyticsPrepares you for data-heavy analyst roles.
Political ScienceConnects economics to public policy.
FinanceApplies economics to markets and investing.

Start building practical skills now

These short online courses from Career Education Institute connect to economics careers. You can take one alongside your classes or before you choose a program.

Economist Training

Online, self-paced · about 10 hours · $39.99

A self-paced online course on what economists do: duties, 15+ key terms, step-by-step tasks, tools, safety and how to launch the career.

Skills you build: econometrics, statistics, and economic theory

Why it fits: Connected to careers that Economics majors pursue, such as economist.

Financial Analyst Training

Online, self-paced · about 12 hours · $44.99

A self-paced online course on what financial analysts do: duties, 15+ key terms, step-by-step tasks, tools, safety and how to launch the career.

Skills you build: financial modeling, excel, and accounting fundamentals

Why it fits: Connected to careers that Economics majors pursue, such as financial analyst.

Management Analyst Training

Online, self-paced · about 10 hours · $39.99

A self-paced online course on what management analysts do: duties, 15+ key terms, step-by-step tasks, tools, safety and how to launch the career.

Skills you build: data analysis, process mapping, and financial analysis

Why it fits: Connected to careers that Economics majors pursue, such as management analyst.

Budget Analyst Training

Online, self-paced · about 10 hours · $39.99

A self-paced online course on what budget analysts do: duties, 15+ key terms, step-by-step tasks, tools, safety and how to launch the career.

Skills you build: budget preparation, financial analysis, and forecasting

Why it fits: Connected to careers that Economics majors pursue, such as budget analyst.

Browse all training programs

Where to study economics

889 U.S. colleges and universities reported awarding degrees or certificates in this field (IPEDS completions, awards conferred July 2023 to June 2024 (C2024_A)).

  • Certificate: 52 schools
  • Associate: 118 schools
  • Bachelor’s: 755 schools
  • Master’s: 218 schools
  • Doctoral: 132 schools

States with the most: California (149), New York (70), Pennsylvania (53), Massachusetts (38), Texas (38).

Find colleges that offer Economics

Why consider career training alongside college?

Your college major gives you an academic foundation. Short career training can add practical knowledge of a specific job: what the work involves day to day, its vocabulary, common tasks, tools and safety rules. You do not have to wait until graduation: many students take a short course to test a career before choosing a major, to prepare for an internship or a part-time job, or to show employers they understand the work.

Economics major FAQ

What is an Economics major?

An Economics major studies how people, businesses and governments make choices about scarce resources. Economics majors learn microeconomics, macroeconomics and econometrics, using math and data to analyze markets, policy and behavior.

What does an Economics major include?

An Economics major includes coursework in microeconomics, macroeconomics, econometrics, money and banking, and public finance and more. You build skills such as data analysis, economic modeling, critical thinking, and research and writing. Typical degrees: bachelor's, master's and doctoral degrees.

What classes do you take as an Economics major?

Typical courses include microeconomics, macroeconomics, econometrics, money and banking, public finance, and statistics. Exact course names and requirements vary by college, and most degrees also include general education courses.

How long does it take to get an Economics degree?

It depends on the level. Economics is offered as certificate, associate, bachelor’s, master’s, and doctoral awards at U.S. colleges; certificates take from a few months to about two years, an associate degree usually takes about two years of full-time study, a bachelor’s degree usually takes about four years of full-time study, a master’s degree usually takes one to two years after a bachelor’s, and a doctoral or professional degree takes several more years beyond that. Part-time study takes longer.

What degree levels are available in Economics?

Bachelor's, master's and doctoral degrees. In the latest federal data, 52 colleges reported certificate awards, 118 colleges reported associate awards, 755 colleges reported bachelor’s awards, 218 colleges reported master’s awards, and 132 colleges reported doctoral awards.

What can you do with an Economics degree?

Career paths connected to economics include economist, financial analyst, management analyst, budget analyst, survey researcher, statistician, and operations research analyst. Some roles need additional training, experience, certification or a license.

What jobs can you get with an Economics major?

Examples include economist (typical training: 2–6 years after a bachelor’s), financial analyst (typical training: 4 years), management analyst (typical training: Less than 5 years of experience), budget analyst (typical training: Entry-level with a degree), survey researcher (typical training: 2 years after a bachelor’s), and statistician (typical training: 2 years after a bachelor’s).

What skills do you learn in an Economics major?

Economics majors build skills such as data analysis, economic modeling, critical thinking, research and writing, and quantitative reasoning.

What minor goes well with Economics?

Good pairings include Mathematics (supports advanced economic modeling), Data Analytics (prepares you for data-heavy analyst roles), Political Science (connects economics to public policy), and Finance (applies economics to markets and investing).

Is Economics a good major?

It can be a good fit if you are interested in the work it leads to, such as economist, financial analyst, and management analyst, and enjoy subjects like microeconomics and macroeconomics. No major guarantees a job, so compare the coursework, the careers and the education each career requires before deciding.

Is Economics a hard major?

How hard it feels depends on your strengths. Core coursework includes microeconomics, macroeconomics, and econometrics; if those subjects interest you, the major is likely to feel more manageable. Reviewing a college’s course list and talking to current students helps you judge.

How many colleges offer an Economics major?

889 U.S. colleges reported awarding degrees or certificates in this field in the latest federal (IPEDS) data. Programs can have different names at different schools.

Which states have the most colleges offering Economics?

California (149), New York (70), Pennsylvania (53), Massachusetts (38), and Texas (38), based on the colleges that reported awards in this field.

Can you study Economics online?

714 of the colleges that offer economics also report offering at least one program entirely online, though not necessarily this one. Use the college search with this major and “Offers fully online programs”, then confirm with the school.

What is the difference between Economics and Business Administration?

Economics studies how people, businesses and governments make choices about scarce resources. Business Administration is a broad business major that covers management, finance, marketing and operations. Economics leads to careers such as economist and financial analyst, while Business Administration leads to careers such as general and operations manager and administrative services manager.

What is the difference between Economics and Marketing?

Economics studies how people, businesses and governments make choices about scarce resources. Marketing studies how organizations understand customers and promote products and services. Economics leads to careers such as economist and financial analyst, while Marketing leads to careers such as marketing manager and digital marketing specialist.

Can I take career training while I study economics?

Yes. Short online career training can help you understand a specific job and build practical knowledge alongside your classes. It does not replace your degree or any required license.

Does Career Education Institute offer an Economics degree?

No. Career Education Institute is not a college and does not award degrees. It offers short, non-credit online trainings about jobs connected to economics, such as Economist Training.