Economics

Why study economics?

Students in this major learn how to improve local and global quality of life using an economic mindset, which uses cause-and-effect and looking from different angles to make sense of the financial world.

  • Professors tie this social science, which focuses on how societies produce, distribute and consume goods and services, to current events and the modern economic situation.
  • Models, techniques and critical evaluation skills learned in this major value ethical connections between the philosophical, historical, governmental and mathematical aspects of the world.
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Academics at AU

Beyond AU

Dan Elmer '15, Katie Eliason '18 and Lesyk Voznyuk '15 are portfolio managers for the South Dakota Investment Council (SDIC). Within their roles, they research companies, value securities, make investment decisions and execute trades. At AU, Elmer double majored in economics and mathematics, Eliason in economics and government & international affairs, and Voznyuk triple majored in economics, physics and religion.

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Latest News

In September, Augustana University began offering a quantitative economics (QE) major, alongside its economics major. Quantitative economics is the economics degree with an emphasis on the quantitative (side) with three parts: analyzing situations using models, empirical analysis and computer simulations.

Augustana student Mariya Mamman ‘25 is a communication studies/business and economics double major from Jos, Plateau, Nigeria. She is interning this summer at the Great Plains Zoo in Sioux Falls, gaining experience as a social media & events intern.