Before you decide to major in Economics, you might want to know what is Economics as an academic discipline? Economics deals with many issues but all of them can be narrowed down to three core elements of any economy - production, consumption and distribution. How do we decide what to produce? Who gets to consume what is produced? And lastly, who benefits from this production, i.e., how is income distributed? We can examine these core elements at an individual level (microeconomics) – be it a company, a household or a market - or at the level of the economy as a whole (macroeconomics).
Why major in Economics? Economics affects each one of us. Studying it gives us some analytical tools that help us make sense of our everyday lives. It allows us to understand historical trends, interpret current events and make reasonable predictions about the future. No matter where your career leads you - be it finance, entrepreneurship, public policy, education, healthcare - economics will equip you with applicable skills.
If you are a Business or an Accounting major, it is particularly a good idea for you to double major in Economics. Economics will complement what you learn in these allied majors and will convey to your prospective transferring university or to your future employer that you have sound quantitative and critical thinking skills.
Please check out this brochure for Economics majors. You will see that all you need for a double major in Economics is take just one or possibly two additional courses beyond what is required for the other major.