• Economists evaluate these choices in terms of criteria such as efficiency, equity, and stability; and search for alternative forms of economic organization that might produce higher living standards or more desirable distribution of material wellbeing.
  • Economics courses range from the popular two-quarter introductory survey,  taken by half of all Northwestern students, to more advanced and applied for work. Courses are offered in economic history, macroeconomics and banking, the labor market, taxation and public spending, competitive strategy, economic regulation, the environment, and the economics of education, health care, and transportation. 
  • Many undergraduates study economics in conjunction with an interdisciplinary major or minor, such as International Studies, Mathematical Methods in the Social Sciences (MMSS), or Business Institutions.