Why Economics?
Alfred Marshall, one of the greatest economists of all time, defined Economics as "a study of mankind in the ordinary business of life." This definition gives you an idea of how broadly relevant Economics is in the world. Economics is a social science. Economics is a necessary policy tool. You need Economics to understand the business world. Economics teaches you to understand decision making. Economics courses at Lawrence provide excellent opportunities for students to develop critical reasoning skills essential in today’s world, whether you want to be a successful lawyer, an engineer or an investment banker. You will have ample opportunity to use computers for analyzing statistics, forecasting, modeling, and evaluating governmental policies. You'll be encouraged to take courses from the entire range of departments- natural sciences, social sciences, arts, and humanities - in order to complement your studies in economics and to become a successful, well-rounded individual.
An Economics degree gives you an advantage to work in careers ranging from public service, private industry, to international organizations and education. The liberal arts education you will be part of at Lawrence is increasingly recognized as a solid foundation for a business career.
Check out our page for Business and the Liberal Arts