Carnegie Mellon University

Undergraduate Economics Program

Carnegie Mellon’s history of innovative research in economics provides students with the educational excellence needed to understand how the world works today and how it can work better in the future.


Demand is growing for the versatility and insight that economics majors offer. The Undergraduate Economics Program at Carnegie Mellon provides unique preparation for our talented, curious, and motivated students to meet that demand.

Students can study a range of applications, including the design of cryptocurrencies, online platforms, and other digital marketplaces; the origins and mitigation of financial crises; the economic impact of transformative technological change; reform and innovation in health markets; the economic consequences of climate change; and trade policy and tax reform in a globalized economy.

The undergraduate economics program is a joint program of the Tepper School of Business and the Dietrich College of Humanities and Social Sciences. Economics majors are members of both colleges and enjoy their full support and services (e.g., academic advising, opportunities for study abroad funding, departmental and college-level clubs, preferential course placement, and career advising). Through this unique arrangement, our students benefit from the best of the liberal arts and professional approaches to education. 

Our undergraduate program is home to a total of 200 to 240 primary majors (first-years through seniors), accounting for roughly one-third of the Tepper School's undergraduate population and one-fifth of the Dietrich College's undergraduate population. The size of our program allows us to offer seminar-style intermediate and upper-level economics electives where students are encouraged to ask questions, listen deeply, and challenge themselves intellectually.

Research Spotlight

Laurence Ales Named Director of Undergraduate Research in Economics

This newly established position was created to support students in the Undergraduate Economics Program to pursue research opportunities both inside and outside the classroom. Read the announcement or visit the research website.

Laurence Ales in his office