"The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else."
—John Maynard Keynes
"The man of the future is the man of statistics and the master of economics."
—Oliver Wendell Holmes
Economics at Yeshiva University helps students develop analytical tools to understand how modern economies allocate scarce resources to produce goods and services, and how economic performance is affected by policies, technology, and institutions. It also provides students with a rigorous way of thinking about individual, business, and household decision-making.
The Basic Track of the Economics major provides ideal training for anyone interested in law, business, journalism, or public policy.
The Mathematical Economics track additionally prepares students for graduate studies in economics (including YU's own Masters in Quantitative Economics program), and for careers in quantitative fields such as finance and consulting.
The economics minor complements many majors, including mathematics, other social sciences, physics, and pre-engineering.
For non-majors, the introductory sequence of microeconomics and macroeconomics is an essential component of a liberal arts education, and provides the background for our wide array of electives.
For more information about the department, please contact James Kahn.