Economics Major and Minor

A Luther student talking to a business during the career fair.

“Economics provides students with the opportunity to ask questions, think critically, and gain knowledge that will be invaluable as we enter the global marketplace.” —Peter Wright, ’15

The economics department strives to give students a solid foundation in economic theory, equip them with the tools to think more clearly about the problems that face society, and expose them to the ethical dimension of economic decision-making.

What You Will Learn

Economics majors have the option to concentrate their courses in one of two fields:

  • Plan I focuses on the business side of economics
  • Plan II emphasizes the political and philosophical aspects of economics

This two-track approach allows you to take classes that fits your individual interests and opens up a variety of career options. In addition, many economics students apply their course knowledge through a variety of internships to gain valuable work experience.

Engaged Faculty

“One of the best things about the Economics department is that all of the professors are incredibly approachable and bring a unique insight to the table. I have always felt like my professors challenged me, but will ensure I grasp the concepts to succeed in their courses.” —Jordy Barry, ’15

Economics faculty at Luther serve as academic advisors and work closely with you on your curricular choices to prepare you for any career choice. Because the faculty hold a number of full-time positions, smaller class sizes allow for class discussions, participation, and individual questions. Students are encouraged to seek advice early and often from faculty and broaden their studies by enrolling in courses that develop writing and problem-solving skills, as well as mathematics.

Learn what's going on in Luther's Business department. Visit our News and Events web page.

See the speakers coming to Luther business classes!


Where will you choose to study off campus? Discover all of the places you can choose to fulfill your twelve week off-campus study requirement.