By studying economics, you’ll gain a unique foundation in theoretical and analytical thinking, and grounding in real world problems. Majoring in Economics will help students develop analytical and critical thinking skills using quantitative tools expertise that offers a natural path into business, law, research or government careers. With this major, students will cover the two fundamental areas of economics: macroeconomics the study of the entire economy and microeconomics the study of decisions made by individuals, households and businesses. These two complementary areas of the discipline will help students understand how choices made by individuals, firms, and governments aggregate at an economy-wide level, with possible unpredicted effects.