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What will I learn?

Both philosophy and economics are the disciplines of critical thinking—thinking in concrete and abstract terms to help put the world in perspective. The combined economics and philosophy major provides students with training to critically evaluate and assess policies and issues on both economic and ethical grounds, including issues such as globalization, immigration, environmental protections, the minimum wage, a fair and just tax, just working environments, and many more.

Economics is the study of how societies produce and exchange goods and services to satisfy needs. Undergraduates may study economics to develop specialized analytical skills useful in today’s complex labor market. Economics is distinguished among the social sciences by having a systematic normative as well as a positive framework for evaluating public policy. The major in economics is also a good foundation for graduate studies in advanced economics, public policy, law, or business.

Macroeconomics, which focuses on the overall economy, deals with such problems as inflation, unemployment, growth and instability, economic development, and governmental monetary and fiscal policies.

Microeconomics examines the economic behavior of individuals, households, firms, industries, and trade among countries. It seeks to assess the economic effects of market power and environmental damage and analyzes the economic aspects of natural resources, poverty, health, income distribution, trade unions, crime, and government regulation.

Courses in economics cover international trade; the behavior of families, firms, and industries in the market economy; the environmental costs of growth; and the economic aspects of natural resources, poverty, health, labor market discrimination, trade unions, crime, and governmental oversight. International and comparative perspectives are emphasized, most directly in courses in studies of the developing world and economic history.

Students may pursue a BA, a BS, or a minor in economics. Additionally, economics majors in their junior year may qualify for admission to the PlusOne program that combines the BA or BS with a MS in economics (requires an additional 16 semester hours of course work). The department also offers combined majors with business administration, cybersecurity, environmental studies, history, international affairs, mathematics, philosophy, computer science, and political science, as well as a combined major in politics, philosophy, and economics.

Graduates may find jobs in major corporations; financial institutions; nonprofits; NGOs; or federal, state, and local governments. Their work may involve planning and forecasting, assessing labor needs, and undertaking financial studies. They may estimate consumer demand for new products, conduct research, teach, or provide specialized consulting services.

Which department am I in?

College of Social Sciences and Humanities

Study options

Full Time (128 semester hours)

Tuition fees
US$52,420.00 per year
USD $26,210 per term

*Price shown is for indicative purposes, please check with institution

Start date

11 January 2021


Northeastern University

360 Huntington Avenue,



02115, United States

Entry requirements

For students from United States

Students are required to complete secondary school graduation equivalent to US high school.

For international students

Whether you’ll graduate with an American high school diploma, the IB Diploma, or another internationally recognized school leaving qualification, you will be expected (prior to enrolling) to complete a secondary education program which enables you to apply to university in your own country (e.g. British A-Levels, French Baccalauréat, or German Abitur).

English Language Proficiency

Northeastern’s Admissions Committee will consider not only your overall composite score, but also your individual subsection scores, to confirm your proficiency across all four language skills, which are needed to be successful at Northeastern. Our most competitive applicants will frequently achieve composite scores between: 99 and 107 on the TOEFL iBT, 7.0 and 8.0 on the IELTS Academic, 120 and 130 on the Duolingo English Test, 68 to 74 on the PTE Academic, and 185 to 204 on the Cambridge English Scale. All applications are fully evaluated and considered for admission.

Application Deadline: Regular Decision - Jan/01.

*There may be different IELTS requirements depending on your chosen course.


About this uni

Students benefit from experiential learning and global opportunities where they embrace change, create innovative solutions and strive for excellence.

  • Global research university located in the U.S.
  • Undergraduate, graduate, doctorate, and certificate programs
  • #40 Best US University (U.S. World & News Report 2020)
  • Experiential-powered learning model