economics major students in class

Economics Major

Bachelor of Arts (B.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. 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 major?

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

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 Major

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

Economics Major 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 an open and inviting building dedicated to business 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 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 major?

108K

Median annual salary for an economist, 2020

U.S. Bureau of Labor Statistics

13%

Expected growth in demand for economists by 2030

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:

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

Popular job titles for econimics majors are:

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

Economics Major 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 Major Courses

Code ECON 414 not found (or empty).

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

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