<p>You might want to look into music business, music industry, music production, music technology, recording arts, electronic programs etc. Terminology can be confusing and the schools all seem to have a different term for these areas!</p>
<p>Examples would be U. of Michigan, Hartt, NYU, UMass Lowell (many state universities and colleges may have some classes in this area and/or programs), Cal Arts. Others can chime in with other suggestions for schools.</p>
<p>You do not have to do a double major or double degree if this is the direction you want to go.</p>
<p>You can also do music education as a major.</p>
<p>If you are not sure what path you want, why not try out some classes and then figure out what you want to focus on? Have you taken any music theory classes? </p>
<p>Read this essay on the Peabody admission site about double majors and degrees:
<a href=“http://www.peabody.jhu.edu/conservatory/admissions/tips/doubledegree.html”>http://www.peabody.jhu.edu/conservatory/admissions/tips/doubledegree.html</a></p>
<p>If you like economics, by all means study it. Your friend is right in that an economics major may end up with higher echelon jobs in the long run than a business major, but generally that means in the fields of investment banking, consulting etc. If you want to be involved in the music world, there are specialized programs (as I listed above) that might fit your needs better than music plus economics.</p>