A Wall
Street Journal article (July 5, 2005) titled, The Hot
Major for Undergrads is Economics, states,
“In a global economy filled with uncertainty, many
students see economics as the best vehicle for promising
good pay and security.”
According to Lawrence Summers,
former Secretary of the Treasury, "People are fascinated
with applying the economics mode of reasoning to a wide
variety of issues, and these forces are causing them to
study economics more and more.”
Economics and business majors ranked among the five most
most-desirable majors in a 2004 survey of employers by
the National Association of Colleges and Employers.
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