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Hamilton happens to have an amazing econ dept. and very good advising system (to support the lack of distribution requirements). Hamilton also has very strong connections for economic majors when it comes to grad school/job placement. UMich is an amazing university ... just an entirely different experience. A small school allows you to fully explore the depth and breadth of a liberal arts education. Definitely visit both schools and see which one feels like a better match. Sit in on classes, stay overnight, eat in cafeteria, etc.
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