Our economics program is shaped by a free-market perspective, and professors will help guide you through the essential ideas of thinkers such as the Austrian School economists Ludwig von Mises and Frederick A. Hayek. Economics is offered as both a major and minor.

Economics majors at Hillsdale College receive a thorough grounding in all areas of economic theory and in all schools of economic thought, studying traditional neo-classical and Austrian microeconomics as well as Keynesian, monetarist, and neo-classical macroeconomics.

The Economics Department?s emphasis on the work of two of the world?s most important and influential economists?Ludwig von Mises and Friedrich Hayek?makes Hillsdale College unique among undergraduate institutions. ??The broad background in all schools of economic thought makes the economics major an excellent candidate for graduate studies or law school.