Economics is the study of how we make choices to allocate our scarce resources. Our majors and minors can expect to develop a set of decision-making tools that are useful in nearly any environment—from individuals and households to businesses, non-profit organizations and governments. We are active in student-faculty collaborative research on topics ranging from smoking policy to international business cycles, and our graduates have gone on to careers and graduate programs in Economics and other related fields.
Becoming a Major
The Economics Major or Minor can be declared once you are a fully admitted student. To become an Economics Major or Minor, please complete the Major Declaration Form sign it and deliver to the department office in BBH 346C or one of our faculty members. You will then be assigned an advisor and should schedule an advising session as soon as possible to discuss the program and requirements.
For general Northeastern admissions requirements, the Office of Admissions helps new and returning students through the application process. In addition, the Transfer Center assists transfer and veteran students with transitioning to our campus.
Earning your Degree
Our curriculum is organized along a common core of economic theory combined with five informal concentrations that take advantage of our faculty strengths and our Chicago location. These concentrations are:
- Applied Microeconomics
- Applied Macroeconomics
- Urban Economics
- International Economics
- Quantitative/Pre-Graduate Economics
Each semester, we offer at least one elective course in each area to help students focus their academic plan, but the informal nature of these tracks allows students the flexibility to mix and match classes to fit their own schedules and timelines.
Our course offerings are also designed to accommodate daytime and evening schedules. We rotate our required courses between day and evening times from one semester to the next, and offer a range of electives during the day and evening as well.
Your advisor will help you navigate through the required coursework and provide guidance on career or graduate school planning along the way. A list of advisors with advising field specializations is below.
- Christina Ciecierski, Applied Micro
- Ryan Gallagher, Urban
- Hardik Marfatia, Applied Macro/Monetary/Finance
- Scott Hegerty, Applied Macro/International
- Michael Wenz, Quantitative/Pre-Grad School
These advising fields are guidelines, and students may choose their preferred advisor. Northeastern’s Academic Advising will also help you fulfill general education requirements.
We host an active chapter of Omicron Delta Epsilon (ODE), an international Economics Honor Society. Our ODE chapter, Sigma, helps students engage with the department faculty in service and research, as well as build lasting friendships with each other. ODE has organized, hosted and contributed to events such as the Economics and Business Forum, the International Business Conference and MoneySmart Week. ODE honors our top students through a wonderful induction ceremony each year.
Careers and Grad Schools
We focus on providing students with tools for good decision-making across any environment, which means economics is good preparation for a wide range of careers. Some of our graduates have found careers at traditional places for Economics majors such as the Fed, Bureau of Labor Statistics, and retail banks, while others have made their way to NGO’s, tech startups, and environmental non-profit groups.
We have also placed students into master’s and Ph.D. programs in Economics, Business Administration, Biostatistics, and International Affairs at places like University of Illinois at Chicago, Michigan, University of Chicago GSB, NYU and Columbia.
To keep up with the latest happenings with our students, faculty and alumni, please “like” our facebook page, and check in on our Department news page on this website. We will help keep you connected to our growing network of successful graduates and alumni
Noteworthy at Northeastern: A February flurry
22 hours agoNortheastern Illinois University wrapped up February with a slew of successes and accolades, and March will kick off with the annual student-run International Business Conference.…
Northeastern to host director of Oscar-nominated film
4 days agoEdgar Barens will screen his Academy Award-nominated film, “Prison Terminal: The Last Days of Private Jack Hall,” at Northeastern Illinois University on Wednesday, March 11. The…
Northeastern to host International Business Conference
4 days agoNortheastern Illinois University will host the International Business Conference on March 2-3. This year’s conference will focus on Asia Pacific countries. Organized and run by students…