Answers to Frequently Asked Questions 1. Why Economics?
A Wall Street Journal article (July 5, 2005) titled, The Hot Major for Undergrads is Economics, states, “In a global economy filled with uncertainty, many students see economics as the best vehicle for promising good pay and security.” According to Lawrence Summers, president of Harvard and former Secretary of the Treasury, “People are fascinated with applying the economics mode of reasoning to a wide variety of issues, and these forces are causing them to study economics more and more.” Economics and business majors ranked among the five most most-desirable majors in a 2004 survey of employers by the National Association of Colleges and Employers. 2.
