Economics imparts clear reasoning and logical thinking. This not only helps people do well personally and professionally, it helps prepare students for graduate programs and law school.
Law school? Studies show (PDF, 60 KB) that economics majors consistently have one of the highest average LSAT scores among all majors. Economics majors also have law school acceptance rates considerably higher than most majors, including pre-law programs.
MBA? Economics majors possess the broad perspective and problem-solving skills that top MBA programs value, and studies show (PDF, 143 KB) they have the highest average GMAT score among all business majors.
Graduate programs? Economics provides a strong foundation for graduate study in economics, public policy, political science, sociology, among others. Students interested in pursuing a graduate degree in economics should consider a minor in math.