econ students in class

EconomicsB.A.

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

Technically speaking, economics is the study of how scarce resources are allocated to meet economic goals. In practice, that means being able to understand the very real 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:
125

Why are the benefits of pursing a degree in economics?

Application Deadlines
Fall:
Feb. 1* | April 15^
Spring:
Dec. 15
Summer:
May 1

*Freshman Priority Deadline
^Transfer Priority Deadline

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 the field on a closer, or microeconomic, level, learning to analyze product pricing, competition between businesses in an industry, and the effects of regulation.

Because you'll perform wide-ranging quantitative and qualitative analysis of economic and social forces as an Economics student, this major is a great launching pad for careers in law, journalism and other fields that demand an understanding of individuals and society - as well as, of course, careers in academia and as professional economist. (If you're interested in pursuing graduate study in economics or actuarial science, consider enrolling in the quantitative track offered by the major.)

Accelerated Degree Program

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

UND Economics Program

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

  • Econ 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.

Jobs in Economics

105K

Median annual salary for an economist, 2019

U.S. Bureau of Labor Statistics

8%

Expected growth in demand for economists by 2028

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. Some of the industries economics majors typically work in include:

  • Corporate finance
  • Government
  • Insurance
  • Investing
  • Accounting
  • Policy analysis
  • Financial management

Economics alumni have gone on to a variety of successful careers with:

  • Wells Fargo & Company
  • American Bank Systems, Inc.
  • Ameriprise Financial Services, Inc.

Economics Courses You Could Take

ECON 414. Managerial Economics. 3 Credits.

A synthesis relating economic theory, statistics, and mathematics to pricing, output, and resource allocation decisions by business firms. Prerequisites: ECON 210 and ECON 308; MATH 146 or equivalent; ISBC 117 or equivalent. S.

ECON 395. Special Topics in Economics. 1-3 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. Prerequisites: ECON 201 and ECON 202. Repeatable to 20 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. Prerequisites: ECON 201 and ECON 202.

ECON 380. Global Economic Development. 3 Credits.

This course focuses on economic development issues at the global level. It covers both developing countries in the conventional sense and economies in transition from socialism to a market economy. In this context development is broadly defined as the transition from one stage of development to another. Selected topics common among these countries (such as determinants of growth, modernization, technology, price liberalization, privatization, macro stabilization, trade policies, legal structure, organized crime, inequality, poverty, human capital, and global sustainability) are discussed to better understand the forces that shape the wealth and well being of nations and people in the world around us. Prerequisites: ECON 201 and ECON 202. On demand.

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.

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.). Prerequisites: ECON 201 and ECON 202. F.

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