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Minnesota State University, Mankato
Minnesota State University, Mankato
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  • MSU Students

    Giving you the Tools to Succeed

  • Campus Overview

    Think Rational, Think Economics

  • Adam Smith

    "The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it." – Adam Smith


Economics is a social and behavioral science discipline that uses the scientific approach from natural sciences and mathematical disciplines to understand rational, self-interested decision making under conditions of scarcity.

Why Major in Economics?

The choice of a major is an important decision and Economics is an excellent choice. Economics majors learn about consumers, firms, markets (including resource markets), and economic systems.  Consequently, Economics helps prepare students for a wide variety of careers in private industry and public service.  It is also an excellent major for students planning on going to law school or an MBA program.

News & Events

Congratulations to the following NCUR 2017 invitees:

Josh Decker “The Impact of the Minimum Wages on the Crime Rates”

Jorge Mantilla “Cross-department Wage Differentials in Columbia”

Sean Meyers “Unleaded gasoline price as an indicator of S&P 500 price direction”

Jennifer Schiffer “Make My Community Great Again-A Panel Data Analysis on the Methamphetamine Abuse in Minnesota”

Kyle Thomas “Macroeconomic Determinants of Direct Tourism Industry Employment in the U.S.”

Jisung Yang “Causes of South Korea’s low birth rate”