Training in economics provides substantive knowledge for advanced degrees such as masters in business administration and law, and Ph.D. degree in economics.

The Economics major and Business Economics major offer students rigorous, analytical study of economics with a thorough grounding in microeconomic and macroeconomic theory and how this theory relates to problems in the modern economy. The distinction between these two majors is in their upper-division electives, with the Economics major offering greater flexibility while the Business Economics major has greater emphasis on courses having business applications. Either of these majors would be suitable for students planning to pursue masters level studies in economics. These majors also provide training to the students for becoming a practicing economist.