Economics is a way of thinking about every aspect of human behavior ? it can explain the management strategies of a business firm to why individuals partake in crime. Students participating in this major are trained to tackle problems by applying the ?economic approach,? which relates the basic principles of rational choice to business decisions, public policy issues, and everyday life. The degree is both difficult and useful, ensuring that the knowledge of economics pays off. The median base salary of economic undergraduate majors is $54,000. Students at the University of Evansville have the ability to enter fields including but not limited to law, politics, banking, government service, market research, insurance, real estate, and non-profit organizations.