<p>Does anyone know of how hard/competitive NU's undergrad economics major is in terms of how it relates to other undergrad programs around the country? Also, what about its selectivity compared with other departments within NU? I will be applying as a transfer student for Fall '07 and just wanted to hear about the economics department in general since I fell in love with the campus, students, and city after visiting.</p>
<p>NU's graduate program is consistently rated as a top-10 program. The undergrad econ is likely one of the best. The College Fed Challenge team made up of econ students just won the third consecutive national title.</p>
<p>That's really impressive. Thanks for the info.</p>
<p>it's awesome, but i've heard that uchicago's econ dept is better.</p>
<p>I have heard that too, I think a lot of people's opinions are formed based on past economists to go through Uchicago, but that having been said, I still prefer NU overall for a number of reasons.</p>
<p>UChicago has a few faculty members being Nobel laureates. But that doesn't necessarily mean you learn the best there. The greatest researchers aren't necessarily the best instructors. The fact that our team beat them 3 years in a row in College Fed Challenge (NU had to win the regional against other teams from IL/WI/MI/IN, including UChicago before going to the final around) show that they aren't necessarily better, at least not in everything.</p>
<p>My macroeconomics professor, Robert J. Gordon, said that NU's econ department is top 10 in the world.</p>
<p>I'd say NU and UChicago's are very comparable; but UChicago edges out NU.</p>
<p>Both are very respectable though.</p>
<p>uchicago's econ program is considered the best in the country, perhaps the world. However, certain students are definately better fits for northwestern than for u of c, and northwestern's program is certainly top tier</p>
<p>Northwestern's program is much more practically oriented. We have a Business minor and a brand new Kellogg finance minor (<a href="http://talk.collegeconfidential.com/showthread.php?t=278672)%5B/url%5D">http://talk.collegeconfidential.com/showthread.php?t=278672)</a>. You can take undergrad classes on I-banking and Marketing at NU.</p>
<p>U of Chicago is much more theoretical. I'd say if you want to go into the academia or simply for a PhD afterwards go to UofC, if you want to go into I-banking or Consulting Northwestern might be the slightly better choice for the reasons outlined above.</p>
<p>U of C is still good...they have one of the best finance programs in the world.</p>
<p>I don't think they have anything at the undergraduate level though ( I might be wrong.)</p>
<p>UChicago doesn't have a finance major. They really don't have any pre-professional majors/programs. They do, however, have a non-degree program called "Big Problems". </p>
<p>As far as theoretical Economics, I think UChicago is best.</p>
<p>Beyond a doubt.</p>
<p>...along with Harvard, Princeton, Stanford, and MIT...</p>
<p>wouldn't put too much weight in it, but interesting.</p>