applied econ instructor in front of class at table

Applied Economics Certificate

Take a deep dive into applied economics and further your career with a certificate.

Get a strong foundation in theoretical economics and business data analytics that you can use in private industry or government careers. UND's flexible and affordable graduate certificate is available on-campus and online.

Program type:
Certificate - Graduate
Format:
On Campus or Online
Est. time to complete:
1 year
Credit hours:
12

Why earn a graduate certificate in applied economics?

Graduate Application Deadlines
Fall:
May 15* | Aug. 1
Spring:
Oct. 15* | Dec. 1
Summer:
March 15* | May 1

*Priority deadline

At the University of North Dakota (UND), the journey toward a career in economics is not merely about acquiring knowledge but engaging in an interactive learning experience. You’ll collaborate closely with experienced faculty members to gather relevant data, apply economic theories, and hone effective communication skills. This approach ensures that you’ll not only grasp theoretical concepts but also develop practical skills crucial for success in the dynamic field of economics.

Our curriculum places a strong emphasis on equipping students with the tools needed for data-driven decision-making. Through hands-on exercises and real-world case studies, you’ll gain proficiency in collecting, analyzing, and interpreting data. This emphasis on practical application sets UND graduates apart as adept problem solvers and decision-makers.

Stack This Certificate with a Master’s Degree

UND offers a seamless progression from this graduate certificate to the Master’s in Applied Economics & Predictive Analytics. You can transfer the 12 earned credits from this graduate certificate directly into the master’s program. Students who pursue this option would have only 18 credits of coursework remaining to earn their master's degree.

Applied Economics Certificate

  • Students and recent grads are eligible for department grants to cover the costs of conferences and research materials.

  • Attend classes in person or participate in classes online as they happen. Online students can interact with others in real-time, or stream video of classes at a later date.

  • Online students pay the affordable same tuition rate regardless of where you live.

Applied Economics Certificate Careers

A graduate certificate in Applied Economics gives you the business skills you need, including:

  • Strategic Planning: This critical skill will enable you to navigate the complex terrain of business decision-making. You'll develop the ability to formulate long-term objectives, assess market dynamics, and create strategic frameworks that position organizations for sustainable success.
  • Financial Analysis: You’ll graduate able to evaluate the fiscal health of businesses, make informed investment decisions, and contribute strategically to financial planning. This proficiency becomes a key asset as you step into roles that require a deep understanding of economic viability and fiscal responsibility.
  • Statistical Acumen: Through hands-on experiences and theoretical foundations, you'll become adept at interpreting and applying statistical data to inform economic decisions. This statistical acumen equips you to analyze trends, interpret economic patterns, and make informed predictions.
  • Business Analysis: A cornerstone of the Applied Economics certificate is the development of robust business analysis expertise. You'll learn to dissect complex business challenges, identify opportunities for improvement, and propose data-driven solutions.

Applied Economics Certificate Courses

ECON 416. Mathematics for Economists. 3 Credits.

Study of mathematical methods in the areas of introductory calculus and linear algebra, and their application to economic analysis. Mathematical analysis of static and dynamic equilibrium models, growth models, distribution, production functions, cycles, activity analysis, mathematical programming, and model building. Prerequisite: MATH 146 or MATH 165. Corequisite: ECON 308. F.

ECON 504. Microeconomic Theory & Applications. 3 Credits.

Economic theory and methodology; theory of consumer behavior and demand; theory of production and distribution; equilibrium in commodity and factor markets; general equilibrium and welfare; behavior of economic agents in imperfect competition. Particular attention is given to efficiency and equity ramifications of perfectly competitive economic systems. Prerequisite: ECON 308. Prerequisite or Corequisite: ECON 416. F.

ECON 505. Macroeconomic Theory & Applications. 3 Credits.

Advanced study of macroeconomic theoretical models with particular attention to the analysis of business cycles, income growth and evaluation of public policies concerned with inflation and unemployment. Prerequisite or Corequisite: ECON 416. S.

ECON 506. Econometrics. 3 Credits.

Econometric analysis of economic and financial data. Topics include simple linear regression, multiple linear regression, and nonlinear regression functions. Techniques for dealing with violations of the regression models assumptions, including multicollinearity, heteroskedasticity, measurement error, endogeneity, and autocorrelation. Additional topics include binary variables, instrumental variable regression, big data, and time-series models. Estimation and testing of economic models will be an important part of the course. Prerequisite: Admission to the MBA or MSAE program, or department consent required. F,S,SS.

Online Applied Economics Certificate

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Certificate in Applied Economics Online Courses

UND's graduate certificate in Applied Economics online is delivered 100% online. You never have to come to campus.

The online Applied Economics graduate certificate courses are offered either in synchronous or asynchronous giving you maximum flexibility to complete the degree in the style you prefer. In many courses, you'll be expected to participate in "live" discussions held outside of classroom lecture times. These are held at set times, usually in the evenings, which are convenient for most students.

With asynchronous classes, you do not attend class at a set time. If you need to balance work, family, and other commitments, this flexible format allows you to learn anywhere at any time.

Depending on your instructor, you’ll learn online through:

  • Lesson modules
  • Streaming video content
  • Virtual libraries
  • Posted lectures
  • Online simulations

There will be times when you interact with your instructor and classmates through online discussion boards, polls, and chat rooms.

Your learning revolves around materials that can be accessed on your own time within a set time frame. However, this is not a self-paced course. You’ll have structure and deadlines.

Synchronous classes are held in real-time. If you’re the kind of learner who likes active discussion and immediate feedback through live interaction, you’ll enjoy this online course format.

Every class is different, but generally, you’ll log into a virtual classroom at scheduled times to:

  • Listen to a lecture.
  • Ask questions.
  • Participate in class discussions.
  • Conduct group activities.
  • Participate in video-sharing.
  • Have chat conversations.
  • Use interactive whiteboards.
  • Take live polls.

You should prepare for your classes by finishing any assigned readings, compiling questions for your instructor, and thinking about how to contribute to the next live class.

Resources for Online Applied Economics Certificate Students

No matter how you customize your online experience, you’ll get the same top-quality education as any other on-campus student.

  • Same degree. All online programs are fully accredited by the Higher Learning Commission (HLC). Your transcript and diploma are exactly the same as our on-campus students.
  • Same classes. You’ll take courses from UND professors, start and end the semesters at the same time and take the same classes as a student on campus.
  • Real interaction. You can ask questions, get feedback and regularly connect with your professors, peers and professionals in the field.
  • Your own academic advisor. As an invaluable go-to, they’re focused on you, your personal success and your future career.
  • Free online tutoring. We're here to help you one-on-one at no cost. Plus, get access to a variety of self-help online study resources.
  • Unlimited academic coaching. Need support to achieve your academic goals or feeling stumped by a tough course? We'll help with everything from stress and time management to improving your memory to achieve higher test scores.
  • Full online access. Dig into virtual research from the Chester Fritz Library. Improve your writing skills with online help from the UND Writing Center. Get online access to career services, veteran and military services, financial services and more.
  • 24/7 technical support. UND provides free computer, email and other technical support for all online students.

Best Online College

Reportedly high alumni salaries and job placement rates, coupled with affordable online tuition rates make UND a best-value university for online education. UND's breadth of online programs rivals all other non-profit universities in the upper Midwest making UND one of the best online schools in the region.

UND ranks among the best online colleges in the nation for:

  • Affordability
  • Student satisfaction (retention rate)
  • Academic quality (4-year graduate rate)
  • Student outcomes (20-year return on investment per Paysacle.com)

Leaders in Economics

See what makes UND leaders in Applied Economics & Predictive Analytics.

Explore More Options

Connect with the economics faculty you'll work with at UND or discover additional education opportunities.

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