When you study economics, you study the world. Beyond understanding the fast-changing financial climate, economics is crucial to addressing issues in business, politics, society, mathematics, and more. Our economics program is shaped by a free-market perspective, and professors will help guide you through the essential ideas of thinkers such as the Austrian School economists Ludwig von Mises and Frederick A. Hayek. Economics is offered as both a major and minor.
Michael J. Clark
"Hillsdale College is the home to understanding the principles of a free society at the undergraduate level."
Michael J. Clark, Economics
“Economics is not about things and tangible material objects; it is about men, their meanings and actions.” —Ludwig von Mises
Ivan Pongracic, Jr., Economics
“Economics can be used to explain much of what happens around us. It allows one to see both the seen and the unforeseen.”
Gary Wolfram, Economics