economics degree students in class

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
Est. time to complete:
4 years
Credit hours:
120

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.

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 CoBPA. 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 business and public administration students.

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

What can you do with an economics degree?

77K

Median starting salary for an economics degree holder

Zip Recruiter

6%

Expected growth in demand for economists by 2031

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.

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.

Leaders in Economics

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