Notre Dame offers an award winning economics program (FED Challenge) that enables students to learn economics by doing economic analysis. Our students who study economics learn how to allocate resources and to consider the trade-offs of choices encountered in decision making. They learn concepts, theory, and tools of macroeconomic and microeconomic analysis that can be applied to nearly every aspect of human activity.
Economics is the only social science for which a Nobel Prize is awarded. Our students acquire the problem solving skills and creative thinking required to "think like an economist" and are prepared to enter the economic world as competent consumers, producers, sellers, investors, or, with further study and experience, as professional economists. They do this through a course of study that includes international economics, money and banking, the economics of environmental and natural resources, public finance, econometrics, other economic systems, and selected topics of mutual interest to our students and faculty.
Our graduates use their knowledge, skills, and values in research analysis and clear thinking to become leaders in transforming world by advising and directing business firms, banks and other financial institutions, government agencies, international organizations, environmental organizations, special interest groups and others.
Economics students from Notre Dame have used their education and internship experiences as avenues to careers in local, state and federal government agencies, as well as the private and non-profit sectors. Our economics students have gone on the earn PhD’s in economics and other fields. They have earned masters degrees and law degrees at a variety of colleges. Recent graduates work for the Federal Reserve Bank, private banks, natural resource agencies, the U.S. Army Corps of Engineers, publishers, law firms, food processors, investment analysis firms, government agencies, Red Cross and other non-profit organizations, and some run their own businesses.
Students studying economics may focus on environmental, financial, or international economics. An economics minor is offered to students who take at least six economics courses.