<p>I would have to disagree. I do not think economic theory is helpful in starting a company. Starting a company has nothing to do with Cournot or Stackelberg equilibrium, or maximizing a profit function. Nor does it have too much to do with understanding what will happen in a watered down sticky wage model when the price level decreases.</p>
<p>What econ will do for you is develop a certain way of thinking. It will show employers that you are interested in the area of economics, and that you chose demanding course work while a college (combining an Engin major with an Econ minor). But as far as entrepreneurship, I do not think you will gain many direct benefits.</p>