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College of Liberal Arts & Sciences
CompareEconomics is the study of creation, consumption, and transfer of wealth. The major includes two major areas: microeconomics and macroeconomics. Microeconomics focuses on how individuals and firms produce and consume goods and services. Macroeconomics is concerned with mass economic progress and international trade. As a student in Economics, you’ll learn about markets and how capital moves, is gained and lost, and transfers among individuals. You’ll gain an understanding of the numbers and theories behind economics. With this understanding, you can use quantitative skills like calculus and statistics to solve economic issues. These issues include the use of:
If working with others to solve issues caused by scarcity sounds interesting, Economics may be right for you.
86% employed or continuing education
54% employed after graduation
32% attending graduate school
$64,544 average starting annual income
Sample employer destinations: Deloitte (6), Amazon (4), Capgemini (4) View All
Sample grad school destinations: University of Illinois Urbana-Champaign, Columbia University, University of Illinois Chicago View All
4.0 years to degree
91% first-year retention rate
75% four-year graduation rate
83% six-year graduation rate