At a glance

What does it mean to “think like an economist”? It means using deductive reasoning and modeling to understand economic phenomena. It means learning to identify trade-offs in the context of constraints. It means critically examining data and creatively framing economic problems and policy questions in order to discover novel solutions.

Major

  • Economics

Minor 

  • Economics

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Economics at Carthage strives to teach students to think like economists, empowering them with a self-sustaining capacity to think and learn.

Economic reasoning isn’t just logic and facts. It contains analogies, stories, and value premises. Context — political, historical, and cultural — is important. At Carthage, students studying economics learn to make important connections between their field and other realms of human understanding.

  • <div class="lw_widget lw_widget_type_blockquote"><blockquote class="blockquote"><div class="blockquote__image"><picture class="lw_image"> <source type="image/webp" srcset="/live/image/gid/44/width/183/height/183/crop/1/src_region/0,0,300,300/563_Matthew_Krzewinski.rev.1638389810.webp 1x"/> <source type="image/jpeg" srcset="/live/image/gid/44/width/183/height/183/crop/1/src_region/0,0,300,300/563_Matthew_Krzewinski.rev.1638389810.jpg 1x"/> <img src="/live/image/gid/44/width/183/height/183/crop/1/src_region/0,0,300,300/563_Matthew_Krzewinski.rev.1638389810.jpg" alt="Matthew Krzewinski 21" width="183" height="183" data-max-w="300" data-max-h="300" loading="lazy"/> </picture> </div><div class="blockquote__content"><div class="blockquote__quote"><svg aria-hidden="true" class="icon icon-round-left-quote" width="48" height="33"><use xlink:href="#icon-round-left-quote"/></svg><p> “The faculty at Carthage really want to see you succeed, and they have a lot of connections to help you after you graduate.”</p></div><footer class="blockquote__footer"><span class="blockquote__author"><a href="/live/profiles/486-matthew-krzewinski">Matthew Krzewinski</a> ’21</span></footer></div></blockquote></div>
  • <div class="lw_widget lw_widget_type_blockquote"><blockquote class="blockquote"><div class="blockquote__image"><picture class="lw_image"> <source type="image/webp" srcset="/live/image/gid/44/width/183/height/183/crop/1/src_region/0,0,1770,1740/34181_Georgia-Fox-23.rev.1649966013.webp 1x, /live/image/scale/2x/gid/44/width/183/height/183/crop/1/src_region/0,0,1770,1740/34181_Georgia-Fox-23.rev.1649966013.webp 2x, /live/image/scale/3x/gid/44/width/183/height/183/crop/1/src_region/0,0,1770,1740/34181_Georgia-Fox-23.rev.1649966013.webp 3x"/> <source type="image/jpeg" srcset="/live/image/scale/2x/gid/44/width/183/height/183/crop/1/src_region/0,0,1770,1740/34181_Georgia-Fox-23.rev.1649966013.jpg 2x, /live/image/scale/3x/gid/44/width/183/height/183/crop/1/src_region/0,0,1770,1740/34181_Georgia-Fox-23.rev.1649966013.jpg 3x"/> <img src="/live/image/gid/44/width/183/height/183/crop/1/src_region/0,0,1770,1740/34181_Georgia-Fox-23.rev.1649966013.jpg" alt="Georgia Fox ?23" width="183" height="183" srcset="/live/image/scale/2x/gid/44/width/183/height/183/crop/1/src_region/0,0,1770,1740/34181_Georgia-Fox-23.rev.1649966013.jpg 2x, /live/image/scale/3x/gid/44/width/183/height/183/crop/1/src_region/0,0,1770,1740/34181_Georgia-Fox-23.rev.1649966013.jpg 3x" data-max-w="1770" data-max-h="1740" loading="lazy"/> </picture> </div><div class="blockquote__content"><div class="blockquote__quote"><svg aria-hidden="true" class="icon icon-round-left-quote" width="48" height="33"><use xlink:href="#icon-round-left-quote"/></svg><p> “I have really amazing relationships with my professors. They care so much about my success and go to great lengths to help me achieve my goals.”</p></div><footer class="blockquote__footer"><span class="blockquote__author"><a href="/live/profiles/1810-georgia-fox">Georgia Fox</a> ’23</span></footer></div></blockquote></div>
  • <div class="lw_widget lw_widget_type_blockquote"><blockquote class="blockquote"><div class="blockquote__image"><picture class="lw_image"> <source type="image/webp" srcset="/live/image/gid/100/width/183/height/183/crop/1/src_region/0,0,640,480/494_Samuel_Croak.rev.1638389813.webp 1x, /live/image/scale/2x/gid/100/width/183/height/183/crop/1/src_region/0,0,640,480/494_Samuel_Croak.rev.1638389813.webp 2x"/> <source type="image/jpeg" srcset="/live/image/scale/2x/gid/100/width/183/height/183/crop/1/src_region/0,0,640,480/494_Samuel_Croak.rev.1638389813.jpg 2x"/> <img src="/live/image/gid/100/width/183/height/183/crop/1/src_region/0,0,640,480/494_Samuel_Croak.rev.1638389813.jpg" alt="Samuel Croak ?22" width="183" height="183" srcset="/live/image/scale/2x/gid/100/width/183/height/183/crop/1/src_region/0,0,640,480/494_Samuel_Croak.rev.1638389813.jpg 2x" data-max-w="640" data-max-h="480" loading="lazy"/> </picture> </div><div class="blockquote__content"><div class="blockquote__quote"><svg aria-hidden="true" class="icon icon-round-left-quote" width="48" height="33"><use xlink:href="#icon-round-left-quote"/></svg><p> “I have formed many cordial relationships with professors both inside and outside my two departments of study. Moreover, I always feel like I can have a friendly and honest conversation with any professor I meet. The campus itself provides many opportunities to meet with faculty, both inside and outside of class.”</p></div><footer class="blockquote__footer"><span class="blockquote__author"><a href="/live/profiles/494-">Samuel Croak</a> ’22</span></footer></div></blockquote></div>

State-of-the-art Facilities

The A. W. Clausen Center for World Business is equipped with advanced technology to sharpen students’ presentation skills. Its centerpiece, the Troha Boardroom, has all the amenities of a corporate directors’ suite. Because the fields are strongly interconnected, economics faculty work together with business and political science professors to prepare well-rounded students.

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Students attend a lecture in South Africa. Student opportunities

Students often participate in the College Fed Challenge competition, Mock Trial, and Model United Nations. Faculty also regularly lead overseas study tours during J-Term, allowing students to see firsthand the impact of Brexit in England or the evolving economy of South Africa.

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