Economics
Make decisions in a world of scarcity
Think like an economist to better understand human behavior and the complex and interconnected world we live in
Why is per capita income more than two times higher in the U.S. than in Russia and eight times higher than in India? How is technology transforming markets for taxi service, hotel rooms, music, and the many other goods and services we consume? Why is climate change such a vexing problem and how can public policy address it?
Study economics at Macalester and develop the analytical and quantitative skills to answer these pressing questions.
Why Macalester?
Gain a global perspective. Almost half of our economics majors are international students. When you’re discussing currency valuation in China, sustainable development in the Serengeti, finance in Dubai, or inflation in Argentina, chances are you’re in class with someone who’s seen it firsthand. Our graduates embody Macalester’s commitment to internationalism and service with their contributions to economic development and expanding opportunity.
Learn quantitative skills that are in demand for real jobs: econometrics, data processing, coding, statistical estimation, visualization, and experimental design.
Seize the opportunity (and funding!) to work alongside your professor on collaborative research projects. Investigate cutting edge questions, such as why macroeconomic forecasters were unable to anticipate the Great Recession; or the health and obesity effects of foreign-owned supermarkets in Mexico. These collaborations often result in publishable papers and help students stand out in the job market.
Recent Student Projects
- The Effect of Racial Covenants on Modern Day Foreclosures: Evidence from Hennepin County
- When the Trade War Hits Close to Home: A GVC Analysis of the U.S-China Trade War
- Do Business Cycles Make Babies? The Effect of Business Cycle Fluctuations On Fertility
- Can the Rise of Dual-Earning Households Explain Gentrification of US Central Cities?
Our students attend top graduate programs and land jobs in consulting, investment and commercial banking, insurance, technology, marketing, for- and non-profit start-ups, government, academic research groups, think tanks, and international organizations.
Life after Macalester
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- Achievement First Endeavor
- Acme AtronOmatic, LLC
- Adobe
- AEI Fund Management, Inc.
- Aeon Management
- AidData
- Alliance for Housing and Healing
- Amazon
- American Public Media Group
- Analysis Group
- Aon Reinsurance Solutions
- Barclays
- Buddy’s Kitchen, Inc.
- Calvert Foundation
- Carlson Wagonlit Travel
- Castle Placement
- Cerner Corporation – Kansas City, MO
- ChainSafe Systems
- Channel Partners Capital
- Charles River Associates
- Chegg Inc.
- City of Minneapolis
- CliftonLarsonAllen
- Clinton Health Access Initiative, Inc.
- Convey, A Sovos Compliance Company – Minnetonka, MN
- Critical Hits Technologies – Seattle, WA
- D+R International
- Datalink
- Decisive Data
- Deloitte Consulting
- Dexis Consulting Group
- Diversant LLC
- EAB
- Ecolab
- Elevate Living
- Encore Partners LLP
- Environmental Defense Fund
- Epic
- Equus Software
- Ernst & Young
- Evive
- Evology Creative
- Eze Software
- Federal Reserve Bank of New York
- Federal Reserve Bank of St. Louis
- Federal Reserve Board of Governors
- FlyQuest Sports
- Flywheel Digital
- FreshBox
- Fulbright Scholar
- FurnitureDealer.net
- GLG (Gerson Lehrman Group)
- Global Economics Group
- Goldman Sachs
- Google, Inc.
- Gravie
- Guzman Energy, LLC
- Hardwick-Day
- Healthcare Research Worldwide
- Ideoclick Inc.
- IHS Markit
- Infrastructure Media Group Holdings
- Intermountain Neurosciences Institute
- International Fund for Agricultural Development
- International Rescue Committee
- Invenergy LLC
- Jeffrey Slocum & Associates
- Jiangmen
- JMP Securities
- J.P. Morgan Chase & Co. – New York City, NY
- Kansas City Chiefs
- Kantar Consulting
- Keen Independent Research LLC
- Keyot Consulting
- Kris Wiseman Design
- Lakeview Junior High
- Lazard
- Lenati
- Lewin Group
- Macromill
- MAS Financial Services
- Mashape
- Mathematica Policy Research
- McKinsey & Company
- Metro Transit
- Michael Bliss – Football Freestyler
- Microsoft Corporation
- Military Service
- Ministry of Economics and Finance
- Minnesota Department of Revenue
- Mission Asset Fund
- Mitsubishi International Corp.
- NanoString Technologies, Inc.
- NASA
- Nebraska Department of Health and Human Services – Lincoln
- New Summit Investments, LLC
- New York Yankees
- Nielsen Company
- Octopi Brewing
- Office of the Vice President of the Republic of Ghana
- Oliver Wyman – Toyko, Japan
- OMD USA
- One Beacon Insurance Group – Minnetonka, MN
- OneMindfullAthletes
- Optum
- Organization for Security and Cooperation in Europe
- Oscar Health
- Ovative Group
- Pandora Music
- Parametric
- Partners in Careers
- Peace Corps – Benin
- Piper Jaffray
- PricewaterhouseCoopers
- Project Consulting Group
- R. W. Baird
- REI
- Robert Half
- Rooftop2 Productions Inc.
- RSVTea
- RTI International
- SAIF Partners
- SCAN Health Plan
- Securian Financial Group
- SERVPRO of Boise
- Slalom Consulting
- Spitamen Bank
- Summit Public Schools
- sweetgreen
- Target Corporation
- TD Securities
- Techstars
- Teespring
- Tennessee Housing Finance Agency
- The Advisory Board Company (Royall & Company-Hardwick Day)
- The Brattle Group
- The Urban Institute
- TransMarket Group
- Travelers
- Triple Tree
- United Bank Inc.
- UnitedHealth Group
- US Bancorp
- US Department of State, Fulbright Commission
- US Military – Navy
- Watson Foundation
- Wellington Management
- Wells Fargo
- Women’s Foundation of Minnesota
- Zhejiang Association of Internet Finance
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- Brandeis University
- Columbia University
- Georgetown University
- Harvard University
- London School of Economics
- Northwestern University
- Portland State University
- Princeton University
- SOAS University of London
- Stanford University
- Tufts University
- University of California-Berkeley
- University of Chicago
- University of Iowa
- University of Minnesota
- University of Pennsylvania
- University of Southern California
- Yale University
Economics in the cities
16
Number of Fortune 500 companies near campus, including UnitedHealth Group, Target, Best Buy, 3M, and General Mills
Many governmental and non-profit organizations are located near campus, including the Federal Reserve Bank of Minneapolis and the African Development Center
200+
Number of internship sites within 8 miles of campus
Join our community
- Macalester Investment Group. Want to learn about investment in a hands-on, real world setting? Help manage the group’s $85,000 portfolio.
- Women in Economics. Join a network of female students, faculty, and alumni who have an interest in economics. Members attend workshops, alumni panels, guest lectures, and charity events.
- Macalester Consulting Group. Interested in a career in consulting? Examine case studies and coordinate case-interview practices. We bring in accomplished alumni and current students to discuss their career and internship experiences.
- Macalester Entrepreneurship Club. Join a group of entrepreneurial minded students and develop ideas into products and businesses. Utilize our urban location by collaborating with entrepreneurs from the Twin Cities area.
Links for Current Students
