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Economics Degree

Bachelor of Arts (B.A.)

Studying the science of money is the gateway to careers in law, business and countless other fields.

Economics is the study of how scarce resources are allocated to meet economic goals. That means being able to understand the results that occur when governments, businesses and people make decisions to achieve economic goals.

Program type:
Major
Format:
On Campus or Online
Est. time to complete:
4 years
Credit hours:
120
  • Requirements
  • Tuition & Aid
  • How to Apply

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What is an Economics degree?

Application Deadlines
Fall:
Aug. 15
Spring:
Dec. 15
Summer:
May 1

 

If you're an international student, refer to the international application process for deadlines.


When you study economics, you'll investigate the subject from two perspectives:

  • The view from 30,000 feet, or macroeconomics, covers society-wide issues such as inflation, unemployment and economic growth.
  • You'll also study economics on a closer, or microeconomic, level. You'll learn to analyze product pricing, competition between businesses in an industry, and the effects of regulation.

You'll perform wide-ranging quantitative and qualitative analysis of economic and social forces as an economics student. If you're interested in pursuing graduate study in economics or actuarial science, consider enrolling in the quantitative track.

Accelerated Economics Degree

Interested in earning a bachelor's and master's degree in as little as five years? Consider the accelerated Economics (B.A./M.S.A.E.) degree program which focus on material from both the Economics (B.A.) program and our nationally ranked M.S. in Applied Economics & Predictive Analytics graduate. A graduate degree is sometimes required for advancement to higher level positions.

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Economics Degree at UND

  • Participate in statewide research while working alongside faculty active in the field. Student at UND's Bureau of Business & Economic Research, which analyzes statewide trends.

  • Economics majors are primed to excel at the next level. On average, they score higher than any other business major on LSAT scores and other professional and graduate exams.

  • Learn to clearly explain complicated concepts - a skill that translates to countless other careers.

  • Learn in the new Nistler Hall. It’s a modern and inviting building for UND's business and public administration students.

  • Receive personalized career support through the Pancratz Career Development Center. The center is dedicated exclusively to career development for online and on-campus Nistler College of Business & Public Administration students.

  • Gain international business experience in our student exchange programs. We have Study Abroad opportunities in China, Europe and Australia.

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What can you do with an Economics degree?

82k

Median annual salary for an economics degree holder, 2024

Zip Recruiter

5%

Projected job outlook for economists through 2033

U.S. Bureau of Labor Statistics

Economists have an inside track on predicting the results of policies set by governments and businesses. As a result, you'll be in demand as a researcher, manager or administrator in a range of industries including:

Organizations across many industries use economic analysis and quantitative methods to study and forecast business, sales, and other market trends. With a bachelor’s degree in economics you can apply for jobs in firms that specialize in research and consulting services. Organizations hire economics majors to apply analysis of big data to pricing, advertising, and other areas. Economics majors can thrive in any business-related field and can also apply for some entry-level economist positions, including jobs with the federal government.

You can gain valuable experience from internships where the work involves gathering and analyzing data, researching economic issues and trends, and writing reports on their findings. In addition, related experience, such as using statistical analysis software, can be advantageous.

  • Accounting
  • Corporate Finance
  • Financial Management
  • Government
  • Insurance
  • Investing

Popular job titles for economics majors are:

  • Analyst (Business, Data, Credit, Financial, or Pricing)
  • Contract Specialist
  • Controller
  • Data Scientist
  • Finance Manager

Economics Degree Jobs

UND economics graduates have gone on to a variety of successful careers with:

  • American Bank Systems, Inc.
  • Ameriprise Financial Services, Inc.
  • PwC (PricewaterhouseCoopers)
  • Wells Fargo & Company
  • USAA

Economics Degree Courses

ECON 309. Intermediate Macroeconomic Theory and Policy. 3 Credits.

A framework for studying national income, employment, and the general price level is developed. Theoretical perspectives on the National Income and Product accounts, expenditures in the public and private sectors of the economy, and supply and demand for money, labor and other resources are surveyed. Macroeconomic Theory is then applied to a study of monetary, fiscal, incomes, and other policies intended to influence unemployment, inflation, balance of international financial payments, and economic growth. (Core requirement for students planning advanced study in Economics.). Prerequisite: ECON 201 and ECON 202. S.

ECON 395. Special Topics in Economics. 1-4 Credits.

Specific topic will vary from year to year; some years an important development in economic theory, other years, a significant issue in economic policy. Repeatable to 20 credits. Prerequisite: ECON 210. Repeatable to 20.00 credits. On demand.

ECON 324. Public Finance. 3 Credits.

Growth and effects of the public sector of the economy emphasizing effects of taxation and spending or borrowing and debt management on efficiency and use of economic resources. Prerequisite: ECON 201 and ECON 202. S.

ECON 338. International Economics. 3 Credits.

The course introduces to the students the sources of international trade, traditional international trade model (the Ricardian, the Specific-factors, Heckscher-Ohlin model), movement of labor and capital between countries, new trade theories (increasing returns to scale, monopolistic competition, and offshoring) and trade policies such as tariffs, quotas and export subsidies. Prerequisite: ECON 201 and ECON 202. S.

ECON 202. Principles of Macroeconomics. 3 Credits.

Nature, method, and scope of economic analysis: aggregate levels of income and employment, inflation, monetary and fiscal policy, the role of the U.S. economy as part of a world economic system. Prerequisite: ECON 201. F,S,SS.

ECON 308. Intermediate Microeconomic Theory. 3 Credits.

Theory of demand, production, and cost; price determination under alternative market structures; general equilibrium and economic welfare; analysis of market failure; applications to public policy. (Core requirement for students planning advanced study in Economics.). Prerequisite: ECON 201 and ECON 202. F.

Best Online Economics Degree

10%

top online bachelor's in business programs

U.S. News

#1

best online college in North Dakota

Forbes

160+

online programs

Earn your online Economics degree while you continue to live and work in your own community.

You’ll receive the convenience of online learning with the personal contact and connection of being with classmates. Our online tools offer ways of communicating across distances, connecting to others and their ideas, and presenting information.

Compare the cost of UND’s online Economics degree. You’ll find it’s one of the most affordable accredited degree programs in the nation for economics.

Our accreditation by the Association to Advance Collegiate Schools of Business (AACSB), is the gold standard of business school accreditation.Our students appreciate our affordable tuition rates. Online Economics students pay the same tuition rate regardless of where you live. UND offers 13% lower tuition and fees than comparable institutions in the region.

We are highly regarded for educational quality, affordability and career outcomes.

Flexible Online Economics Classes

UND's  Economics courses are delivered 100% online. You never have to come to campus.

The online Economics 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.

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 Economics Students

Over a third of UND's student population is exclusively online; plus, more take a combination of online and on-campus classes. You can feel reassured knowing you won't be alone in your online learning journey, and you'll have resources and services tailored to your needs.

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 at UND's libraries. 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.
  • Networking opportunities: Our significant online student population means you’ll have a large pool of peers to connect with. UND has numerous online events and activities to keep you connected.

Best Online College

Our high alumni salaries and job placement rates, with affordable online tuition rates make UND a best-value university for online education. UND's breadth of online programs rivals all other nonprofit 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 Payscale.com)

Leaders in Economics

By learning from experienced professionals, UND students gather the insights necessary to succeed.

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