Carnegie Mellon University
Student in class in the Tepper Quad

Your Second Year

The second year economic curriculum expands on the introductory economics concepts that you encountered in your first year, and you now learn how economic models are formulated. At the same time, you are introduced to computational and data-analytic economic research methods. These concepts are now blended with math and data analysis tools, enabling you to build economic models, confront these models with data, and attack larger economic, business, and social problems.  

  • How should a network of hospitals match donated kidneys to patients?
  • What is the most efficient auction that the FCC could use when auctioning off bandwidth?
  • How can businesses adapt to accelerating technological change and the emergence of new markets in Africa and Asia?

Second Year Highlights

Several doors, side by side, of different colors

Choosing the Economics Major that Fits You

Choosing a major can be an exciting collaborative process between you and your economics adviser. We are here to help you identify what interests you, how you enjoy spending your time, what skills you may want to acquire, if there is an area in which you want to become an expert, and how you want to spend your remaining time as an undergraduate.

Explore Majors and Minors


Economics and Data Science Course

This course is at the intersection of economic analysis, computing, and statistics. It develops foundational skills in these areas and provides students with hands-on experience in identifying, analyzing, and using data to solve real-world problems in economics and business. In this very hands-on, data-centric course, students will learn the basics of data manipulation; how to visualize, present, and interpret data related to economic and business activity by employing statistical analysis; and various visualization techniques.



Elective Courses

After completing our Intermediate Microeconomics and Macroeconomics core courses and Economics and Data Science, you will have the essential economics and data analysis skills needed to think through and analyze complex economic, social, and business problems. During your second year, you may begin to take a deep dive and develop expertise that will allow you to answer a wide variety of pressing social and organizational questions.

Explore Elective Courses