Economics is about a lot more than money, banking, and interest rates. It’s true that economics can’t tell you whether God exists and isn’t going to tell you what happens when you mix Chemical A and Chemical B, but an economics degree gives you a set of intellectual tools that can be adapted to any social problem.
Economics is a General-Purpose Intellectual Technology. Here are a few reasons to major in economics:ġ. If you’re a high school junior or senior, you might be thinking about what you want to study once you get to college. If you’re a college freshman or sophomore, you might be trying to choose a major. Fall semester has started, and I hope you’re settled in.