"The theory of economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking, which helps its possessor to draw conclusions"
- John Maynard Keynes
Economics studies how people choose to use their scarce resources to try to satisfy their unlimited wants. Since it's about people, choice, scarcity, resources and satisfying wants it's an exciting, broad and yet, practical field of study. It offers useful tools that will help you understand the world and make wiser decisions. The clear, rigorous mode of thinking developed in studying economics offers excellent preparation for a wide variety of professional careers. This is reflected in the diversity of people who have chosen to study economics in college such as: Ronald Reagan, Arnold Shwarzenegger, Supreme Court Justice Sandra Day O'Connor, Sam Walton (founder of Wal-Mart), former Secretary of State George Schultz, former Congressman Les Aspin and Senator Bill Proxmire. Clearly, a background in economics can be helpful in a wide variety of fields.
In thinking about whether you would like to be an economics major [1] you may want to visit the Career Opportunities [2] Webpage. You may also want to talk with a member of the Economics Department faculty [3].
