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Economics Bachelor’s Degrees: Best Programs, Jobs, and Salaries

Sunayana Samantaray - July 10, 2022


If you love finance, business, statistics, and data, then a Bachelor’s Degree in Economics might be a great educational option for you. Read our article to find the top economics bachelor’s degree programs offered both online and in-person. We will also cover the best jobs and average salaries you can get with the best economics bachelor’s degrees.

What Is Economics?

Economics is a social science with two branches, macro and microeconomics, that deals with overall economic phenomena and individual economic choices. Macroeconomics studies economic variables including GDP, currency inflation, unemployment rate, and market trends to forecast national and international economic conditions.

Microeconomics examines the impact of individual or business economic choices including product prices, and resource allocation on financial and business conditions. Both branches use tools such as statistics, consumer behavior analysis, and data analysis to draw conclusions about quantitative and behavioral economic patterns.

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An economics major can become an economic policy advisor, management consultant, or market research analyst, depending on their interests. This field offers a wide range of career opportunities across government agencies and the private sector, including IT, agriculture, and healthcare.

Where Can I Get a Bachelor’s Degree in Economics?

The best colleges where you can get a Bachelor’s Degree in Economics are accredited, US institutions with excellent reputations. Below you’ll find a sneak peek at five of the schools on our list for where to get an economics bachelor’s degree.

What Schools Offer the Best Economics Bachelor’s Degrees?

  • Boston University
  • Columbia University
  • Harvard University
  • Stanford University
  • Yale University

What Are the Admission Requirements for a Bachelor’s Degree in Economics?

The admission requirements for a Bachelor’s Degree in Economics program are a high school diploma or equivalent, a certain GPA, and to submit an application, essay, or letter of recommendation.

Economics Bachelor’s Degree Admission Requirements

  • High school diploma, GED, or equivalent
  • Minimum GPA
  • Application form
  • Personal essay
  • Letter of recommendation

How to Get a Bachelor’s Degree in Economics

You can get an economics bachelor’s degree by fulfilling the degree requirements. The educational requirements for an economics bachelor’s degree will vary depending on the university and the degree program.

Typically, the standard subject requirements include maths, macroeconomics, microeconomics, statistics, and finance. You will also need to take general courses and higher-level economic elective courses to meet your major requirements.

How Many Credits Do You Need for a Bachelor’s Degree in Economics?

You need approximately 120 credits for a Bachelor’s in Economics degree. How many credits you need for a Bachelor’s Degree in Economics will vary depending on the school, with some schools requiring more.

Economics Degree Requirements

  • Mathematics courses
  • Macro and microeconomics courses
  • Statistics and finance courses
  • At least 120 credits
  • Minimum GPA

Best Economics Bachelor’s Degree Programs and Schools: Overview

School Program Accreditation
Boston University Bachelor of Arts in Economics New England Commission of Higher Education
Carnegie Mellon University Bachelor of Science in Economics Middle States Commission on Higher Education
Columbia University Bachelor’s Degree in Economics Southern Association of Colleges and Schools Commission on Colleges
Harvard University Bachelor’s Degree in Economics New England Commission of Higher Education
Johns Hopkins University Bachelor of Arts in Economics Middle States Commission on Higher Education
Massachusetts Institute of Technology Bachelor of Science in Economics New England Commission of Higher Education
Northwestern University Bachelor of Arts in Economics The Higher Learning Commission
Stanford University Bachelor of Arts in Economics Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges
University of California, Berkeley Bachelor of Arts in Economics Western Association of Schools and Colleges
Yale University Bachelor of Science in Computer Science and Economics New England Commission of Higher Education

Best Schools for Economics: Top Economics Bachelor’s Degree Programs

The best schools for economics bachelor’s degrees should suit your financial, location, and curriculum preferences. Read below to find our list of the top economics bachelor’s degree programs.

1

Boston University

Boston, MA

Boston University is a private research university founded in 1839. It has over 10,000 staff and faculty members, 33,500 students, and over 300 different programs. It is a leading research institution in the US.

Bachelor of Arts in Economics

This bachelor of arts degree in economics covers all essential macroeconomics and microeconomics topics. You will learn economic analysis, quantitative methods, financial markets, economic reasoning, and data analysis. This degree in economics can open your career path as an economic analyst, credit analyst, and financial consultant.

Bachelor of Arts in Economics Overview

  • Accreditation: New England Commission of Higher Education
  • Tuition: $61,050/year
  • Required Credits: 128 credits
  • Program Length: 4 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 89%

Bachelor of Arts in Economics Admission Requirements

  • GPA: Not specified
  • Standardized Tests: SAT and ACT optional
  • Application Fee: $80
  • Minimum Education: High school diploma or GED
  • Other Requirements: High school counselor recommendation, school report form, teacher evaluation, 4 years of English, 3 to 4 years of mathematics, 3 to 4 years of laboratory science, 3 to 4 years of history and/or social science, 2 to 4 years of a foreign language

Applying to Boston University

  1. If you’re a recent high school grad, apply as a first-year applicant
  2. Submit Common Application or QuestBridge Application
  3. Submit high school transcripts and senior grades
  4. Submit recommendations, teacher evaluations, and any additional documents
  5. Ensure you meet application deadlines and apply for financial aid
2

Carnegie Mellon University

Pittsburgh, PA

Carnegie Mellon University is a high-ranking school with many advanced degree programs. It is particularly known for its technology and science programs. The university’s undergraduate economics program is best suited for those wanting to enter the tech-based economics job market.

Bachelor of Science in Economics

This degree can help you become a data analytic economist, management consultant, and market research analyst. Its curriculum includes quantitative analysis, economic principles, statistical techniques, and financial economics.

Bachelor of Science in Economics Overview

  • Accreditation: Middle States Commission on Higher Education
  • Tuition: $832/unit
  • Required Credits: 167 to 176 credits
  • Program Length: 4 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 93%

Bachelor of Science in Economics Admission Requirements

  • GPA: Not specified
  • Standardized Tests: SAT and ACT (waived for fall 20230
  • Application Fee: $75
  • Minimum Education: High school, GED, or equivalent
  • Other Requirements: Letters of recommendation, essay, 3 short answer questions, 4 years English, 4 years math, 1 year chemistry, 1 year physics, 1 year biology, 2 years foreign language, 3 electives

Applying to Carnegie Mellon University

  1. Complete and submit your Common Application
  2. Pay the application fee
  3. Submit transcripts and test scores (if required)
  4. Submit letters of recommendation and counselor evaluation
  5. Submit your essay and short answer to questions
3

Columbia University

New York, NY

Columbia University is an Ivy League school founded in 1754. The private university conducts world-class research in a variety of fields. The university’s undergraduate program in economics offers several concentrations in economics.

Bachelor’s Degree in Economics

Depending on your career goals, you can major in general economics, statistical economics, financial economics, or quantitative economics. The programs cover international economics, economic issues, financial analysis, market trends, and managerial economics.

Bachelor’s Degree in Economics Overview

  • Accreditation: Southern Association of Colleges and Schools Commission on Colleges
  • Tuition: $60,514 for a 9-month academic year
  • Required Credits: Approximately 120 to 161 credits
  • Program Length: 4 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 96%

Bachelor’s Degree in Economics Admission Requirements

  • GPA: Not specified
  • Standardized Tests: SAT and ACT
  • Application Fee: $85
  • Minimum Education: High school or GED
  • Other Requirements: Teacher recommendation, interview

Applying to Columbia University

  1. Complete and submit your application
  2. Complete application questions
  3. Submit secondary school report, teacher recommendations, and standardized test
  4. Pay application fee
  5. Complete interview
4

Harvard University

Cambridge, MA

Harvard University is a top-ranking Ivy League private university best known for its law, engineering, and technology departments. It has over 400,000 global alumni and offered around $645 million in financial aid and grants in 2020.

Bachelor’s Degree in Economics

Harvard’s economics bachelor’s program offers concentrations in applied maths, health economics, environmental economics, and public economics. The undergraduate degree offers courses covering international relations, microeconomic theory, economic trends, and statistics.

Bachelor’s Degree in Economics Overview

  • Accreditation: New England Commission of Higher Education
  • Tuition: $54,768/year (full-time); $27,384/year (part-time)
  • Required Credits: Not specified
  • Program Length: 4 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 98%

Bachelor’s Degree in Economics Admission Requirements

  • GPA: Not specified
  • Standardized Tests: SAT, ACT, AP (optional)
  • Application Fee: $75
  • Minimum Education: High school diploma or GED
  • Other Requirements: 2 teacher reports, mid-year and final school reports, application short answers

Applying to Harvard University

  1. Complete your application and application questions
  2. Pay application fee
  3. Submit test scores and school reports
  4. Submit teacher reports
  5. Await admissions decision
5

Johns Hopkins University

Baltimore, MD

Johns Hopkins University is a private university founded in 1876 and based in Maryland. This degree will help you master financial economics and quantitative reasoning. It is the oldest research university in the US.

Bachelor of Arts in Economics

You will gain in-depth skills in mathematical economics, development economics, analytical methods, and international trade. Economics graduates from Johns Hopkins can gain a competitive edge in areas including business economics and statistical economics.

Bachelor of Arts in Economics Overview

  • Accreditation: Middle States Commission on Higher Education
  • Tuition: $60,480/year
  • Required Credits: 41 major required credits
  • Program Length: 4 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 94%

Bachelor of Arts in Economics Admission Requirements

  • GPA: Not specified
  • Standardized Tests: SAT or ACT
  • Application Fee: $70 (or fee waiver)
  • Minimum Education: High school or GED
  • Other Requirements: Secondary school report which includes transcripts, counselor recommendation, and school profile, 2 teacher evaluations

Applying to Johns Hopkins University

  1. Submit your application and supplement
  2. Submit your secondary school report
  3. Submit teacher evaluations
  4. Submit mid-year report
  5. Await admissions decision
6

Massachusetts Institute of Technology

Cambridge, MA

MIT has world-class STEM and economics departments. The school was established in 1861 and offers a wide variety of graduate and undergraduate degrees which can set you up for successful careers.

Bachelor of Science in Economics

You will learn about game theory, market design, economic data science, networks, and financial markets. The program also offers foundational courses on the principles of macro and microeconomics. This Bachelor of Science degree in economics is best suited for those who want to become a financial analyst or quantitative economist.

Bachelor of Science in Economics Overview

  • Accreditation: New England Commission of Higher Education
  • Tuition: $57,590/year
  • Required Credits: 17 required courses plus 48 elective credits
  • Program Length: 4 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 96%

Bachelor of Science in Economics Admission Requirements

  • GPA: Not specified
  • Standardized Tests: SAT and ACT
  • Application Fee: $75
  • Minimum Education: High school or GED
  • Other Requirements: Supplemental materials

Applying to Massachusetts Institute of Technology

  1. Submit application
  2. Submit supplemental materials
  3. Pay the application fee
  4. Submit SAT and ACT scores
  5. Await admissions decision
5

Northwestern University

Evanston, IL

Northwestern University is a private university founded in 1851. It offers advanced degrees and short courses in every major academic field. For those looking to acquire analytical skills, social sciences skills, business economic skills, and quantitative skills, Northwestern’s concentration in economics is worth looking at.

Bachelor of Arts in Economics

The program covers the labor market, economic regulations, healthcare economics, and environmental economics. It prepares you for several careers in the business, government service, and nonprofit organization sectors.

Bachelor of Arts in Economics Overview

  • Accreditation: The Higher Learning Commission
  • Tuition: $60,276/year
  • Required Credits: 6 core courses, 6 upper-level courses, and 5 related courses
  • Program Length: 4 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 95%

Bachelor of Arts in Economics Admission Requirements

  • GPA: No minimum
  • Standardized Tests: SAT and ACT (optional)
  • Application Fee: $75
  • Minimum Education: High school or GED
  • Other Requirements: Mid-year transcripts

Applying to Northwestern University

  1. Review application options and deadlines
  2. Review application requirements
  3. Submit your application and pay your fees
  4. Submit high school transcripts and test scores
  5. Await admissions decision
8

Stanford University

Stanford, CA

Stanford University was founded in 1885 and spans over 8,180 acres of land, making it one of the largest institutions in the United States. The private university ranks third in the best global universities list , according to US News and World Report.

Bachelor of Arts in Economics

Stanford University’s economics undergraduate program covers business strategy, government economic policies, international development, econometrics, and market design. You will study environmental economics, game theory, economic theory, and international trade. Graduates can go on to become political scientists, economic consultants, and environmental economists.

Bachelor of Arts in Economics Overview

  • Accreditation: Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges
  • Tuition: $18,491/year
  • Required Credits: 6 core courses, 5 field courses, and 20 to 27 credits of electives
  • Program Length: 5 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 95%

Bachelor of Arts in Economics Admission Requirements

  • GPA: Majority of students have a 4.0 or higher GPA
  • Standardized Tests: SAT and ACT
  • Application Fee: $90
  • Minimum Education: High school
  • Other Requirements: School report, counselor recommendation, 2 teacher letters of recommendation, mid-year transcripts

Applying to Stanford University

  1. Submit your application
  2. Submit test scores
  3. Submit transcripts
  4. Upload recommendation letters
  5. Upload school report
9

University of California, Berkeley

Berkeley, CA

The public, land-grant school, University of California, Berkeley , was founded in 1868. It is also a research institution that offers over 350 programs. The US News and World Report ranking for the University of California, Berkeley include second in top public schools , first in computer science , and fourteenth in most innovative schools .

Bachelor of Arts in Economics

Some of the school’s economics courses include business probability, risk analysis, econometrics, macro, and microeconomics. It prepares you for multiple career options in fields such as behavioral economics, applied economics, managerial economics, quantitative economics, and agricultural economics.

Bachelor of Arts in Economics Overview

  • Accreditation: Western Association of Schools and Colleges
  • Tuition and Fees: $14,254/year (in state); $14,254/year, plus supplemental tuition of $29,754/year (out of state)
  • Required Credits: 127 credits
  • Program Length: 4 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 92%

Bachelor of Arts in Economics Admission Requirements

  • GPA: 3.0
  • Standardized Tests: SAT, AP, and IB scores
  • Application Fee: $70
  • Minimum Education: High school or GED
  • Other Requirements: Letters of recommendation

Applying to University of California, Berkeley

  1. Submit completed application and keep track of its progress
  2. Provide email and other contact information
  3. Ensure your application is up to date
  4. Submit your required documents and forms
  5. Check your email for communication from the school
10

Yale University

New Haven, CT

Yale University is an Ivy League private institution that offers both in-person and online undergraduate and graduate degrees in many fields. It was founded in 1701 and is one of the oldest institutions in the US.

Bachelor of Science in Computer Science and Economics

This bachelor of science is a combination of computer science and economics and covers data analysis, machine learning, and economic data. It will help you become a statistician or an economic analyst.

Bachelor of Science in Computer Science and Economics Overview

  • Accreditation: New England Commission of Higher Education
  • Tuition and Fees: $62,250/year
  • Required Credits: 14 term courses plus senior project
  • Program Length: Approximately 4 years
  • Learning Format: In-person
  • NCES School Graduation Rate: 96%

Bachelor of Science in Computer Science and Economics Admission Requirements

  • GPA: Not specified
  • Standardized Tests: SAT and ACT
  • Application Fee: $80
  • Minimum Education: High school diploma or GED
  • Other Requirements: Teacher and counselor recommendation, short essays

Applying to Yale University

  1. Complete and submit your application
  2. Pay application fee
  3. Submit transcripts, test scores, and mid-year report
  4. Submit recommendation letters and additional materials
  5. Complete admissions interview

Best Online Economics Bachelor’s Degree Programs and Schools: Overview

School Program Accreditation
Arizona State University Bachelor of Science in Economics Higher Learning Commission of the North Central Association of Colleges and Schools
Colorado State University Bachelor of Arts in Economics The Higher Learning Commission
Eastern Oregon University Bachelor of Arts or Bachelor of Science in Economics Northwest Commission on Colleges and Universities
Liberty University Bachelor of Science in Economics and Business Administration Southern Association of Colleges and Schools Commission on Colleges
Northwestern University Bachelor of Arts in Economics The Higher Learning Commission
Pennsylvania State University Bachelor of Science in Economics Middle States Commission on Higher Education
University of Massachusetts Bachelor of Arts in Economics New England Commission of Higher Education
Utah State University Bachelor of Arts or Bachelor of Science in Economics Northwest Commission on Colleges and Universities
Washington State University Bachelor of Science in Economic Sciences Northwest Commission on Colleges and Universities
West Texas A&M University Bachelors of Business Administration in Economics, Law and Economics Specialization Southern Association of Colleges and Schools Commission on Colleges

Best Colleges for Economics: Top Online Economics Bachelor’s Degree Programs

Read below to find the top online bachelor’s degree programs in economics. You can choose the online program that suits your career goals, financial situation, and learning preferences.

1

Arizona State University

Scottsdale, AZ

Arizona State University -Digital Immersion is ASU’s solely online campus. In fall 2020, ASU-Digital Immersion saw a total enrollment of 53,993 students, with 40,485 students being in an undergraduate program.

Bachelor of Science in Economics

The university’s WP Carey College offers this economics degree where you will learn supply chain management , data analysis, accounting, marketing, and finance. The program also covers microeconomic theory, management leadership, consumer demand, financial documents, and statistics.

Bachelor of Science in Economics Overview

  • Accreditation: Higher Learning Commission of the North Central Association of Colleges and Schools
  • Tuition: $10,710/year (in state); $12,984/year (out of state)
  • Required Credits: 120 credits
  • Program Length: 41 classes, 7.5 weeks per class
  • Learning Format: Online
  • NCES School Graduation Rate: 24%

Bachelor of Science in Economics Admission Requirements

  • GPA: 3.0
  • Standardized Tests: SAT 1120 and ACT 22
  • Application Fee: $70 for ASU online
  • Minimum Education: High school or equivalent
  • Other Requirements: Top 25 percent of your class, 4 years math, 4 years English, 3 years lab sciences, 2 years social sciences, 2 years same second language, 1 year fine arts or 1 year career and technical education

Applying to Arizona State University

  1. Complete your application form
  2. Pay application fee
  3. Submit transcripts and test scores
  4. Apply for financial aid through FAFSA
  5. Check application status
2

Colorado State University

Aurora, CO

Colorado State University-Global Campus is the online learning counterpart of Colorado State University. CSU Global Campus was founded in 2007 and offers both undergraduate and graduate programs, as well as certificates

Bachelor of Arts in Economics

In this program you will learn about global economics, international organizations, market trends, statistics, human behavior influence, and political science. You can pursue a career as a statistical analyst, political-economic scientist, economic consultant, or economic analyst.

Bachelor of Arts in Economics Overview

  • Accreditation: The Higher Learning Commission
  • Tuition: $476/credit
  • Required Credits: Minimum of 120 credits
  • Program Length: Not specified
  • Learning Format: Online
  • NCES School Graduation Rate: N/A

Bachelor of Arts in Economics Admission Requirements

  • GPA: 2.0
  • Standardized Tests: Math AP, BC, IB, or CLEP scores
  • Application Fee: $50
  • Minimum Education: High school or equivalent
  • Other Requirements: Contact student success coach

Applying to Colorado State University

  1. Review admissions requirements
  2. Get in touch with a student success coach
  3. Fill out and submit your online application
  4. Pay your application fee and apply for financial aid
  5. Check your application status
3

Eastern Oregon University

La Grande, OR

Eastern Oregon University is a public institution that awards bachelor’s and master’s degrees to its students. The school was founded in 1929 and had an undergraduate enrollment of 2,586 students in the fall 2020 academic year.

Bachelor of Arts or Bachelor of Science in Economics

Eastern Oregon University offers both online and on-campus advanced degrees. It offers a degree that can focus on liberal arts or science-based coursework, depending on your interests. Both paths cover statistical analysis, regression analysis, economic theory, market systems, and social research methods.

Bachelor of Arts or Bachelor of Science in Economics Overview

  • Accreditation: Northwest Commission on Colleges and Universities
  • Tuition: $265/credit (in state); $305/credit (out of state)
  • Required Credits: 180 credits
  • Program Length: 4 years
  • Learning Format: Online
  • NCES School Graduation Rate: 28%

Bachelor of Arts or Bachelor of Science in Economics Admission Requirements

  • GPA: 2.75
  • Standardized Tests: AP and IB
  • Application Fee: $50 for domestic students; $90 for international students
  • Minimum Education: High school, GED, or equivalent
  • Other Requirements: 4 years English, 3 years math, science, social studies, 2 years of second language

Applying to Eastern Oregon University

  1. Create an account on the school website
  2. Begin your application
  3. Submit transcripts, test scores, and other documents as necessary
  4. Pay application fee
  5. Await enrollment
4

Liberty University

Lynchburg, VA

Liberty University is a Christian private school founded in 1971. It had a total enrollment of 93,349 students in the fall 2020 semester. Students can pursue both undergraduate and graduate degrees from this institution.

Bachelor of Science in Economics and Business Administration

Liberty University offers this online college program in economics and business administration. The program is best suited for those looking to enter trade, finance, and business management careers. You will learn international market integration, economic forecasting, managerial economics, mathematical economics, and marketing.

Bachelor of Science in Economics and Business Administration Overview

  • Accreditation: Southern Association of Colleges and Schools Commission on Colleges
  • Tuition: $390/credit (full-time); $455/credit (part-time)
  • Required Credits: 120 credits
  • Program Length: 4 years
  • Learning Format: Online
  • NCES School Graduation Rate: 54%

Bachelor of Science in Economics and Business Administration Admission Requirements

  • GPA: No minimum but 3.15 to 3.83 average among admitted students
  • Standardized Tests: SAT, ACT, and CLT
  • Application Fee: $50
  • Minimum Education: High school or GED
  • Other Requirements: Essay

Applying to Liberty University

  1. Complete and submit your application
  2. Submit transcripts and other required documents
  3. Submit your FAFSA
  4. Enroll in your classes
  5. Complete the financial check-in

Northwestern University | Evanston, IL

Northwestern University is an excellent choice for prospective students looking to dive into the world of economics. It ranks ninth in national universities on US News and World Report and 18 in best value schools .

Bachelor of Arts in Economics

Northwestern University also offers an online Bachelor’s Degree in Economics great for students who prefer online learning. Similar to their on-campus option, this program covers economic theory, international finance, consumer behavior, price determination, econometrics, public spending, and taxation.

Bachelor of Arts in Economics Overview

  • Accreditation: The Higher Learning Commission
  • Tuition: $2,115/unit
  • Required Credits: 45 units (major requirements, distribution, writing, and electives)
  • Program Length: Quarter schedule
  • Learning Format: Online
  • NCES School Graduation Rate: 95%

Bachelor of Arts in Economics Admission Requirements

  • GPA: No minimum
  • Standardized Tests: SAT and ACT (optional)
  • Application Fee: $75
  • Minimum Education: High school or GED
  • Other Requirements: Mid-year transcripts

Applying to Northwestern University

  1. Review options for your application and their deadlines
  2. Ensure you meet application requirements
  3. Complete and submit your application and pay the application fee
  4. Submit high school transcripts and test scores
  5. Await admissions decision
6

Pennsylvania State University

University Park, PA

Pennsylvania State University is a public research university that offers several online and on-campus advanced degrees. US News and World Report ranks Penn State University World Campus as 16 in the best online bachelor’s degree programs .

Bachelor of Science in Economics

This degree covers mathematical, managerial, applied, behavioral, and business economics. Penn State undergraduate students can also apply for the university’s graduate degree in business administration to further their education.

Bachelor of Science in Economics  Overview

  • Accreditation: Middle States Commission on Higher Education
  • Tuition: $590 per credit for up to 11 credits per semester
  • Required Credits: 120 credits
  • Program Length: 4 years
  • Learning Format: Online
  • NCES School Graduation Rate: 52%

Bachelor of Science in Economics  Admission Requirements

  • GPA: 2.0 cumulative GPA
  • Standardized Tests: TOEFL or IELTS for international students
  • Application Fee: $65 domestic; $75 international
  • Minimum Education: High school diploma or GED
  • Other Requirements: Technical requirements

Applying to Pennsylvania State University

  1. Ensure you fulfill the entrance-to-major requirement
  2. Get all necessary documents
  3. Begin your application
  4. Check application status
  5. Apply for financial aid
7

University of Massachusetts

Boston, MA

University of Massachusetts is a public research institution founded in 1964. It had a fall 2020 enrollment of 16,259 students. It also ranks 112 among top public schools in the US News and World Report.

Bachelor of Arts in Economics

This Bachelor of Arts in Economics degree opens employment opportunities in economic statistics, political science, journalism, and government policy. You will learn business law, accounting, international economics, economic theory, and economic statistics.

Bachelor of Arts in Economics  Overview

  • Accreditation: New England Commission of Higher Education
  • Tuition: $16,439/year-Amherst campus (in state); $36,964/year-Amherst campus (out of state)
  • Required Credits: Approximately 120 credits
  • Program Length: Not specified
  • Learning Format: Online
  • NCES School Graduation Rate: 49%

Bachelor of Arts in Economics  Admission Requirements

  • GPA: 3.0
  • Standardized Tests: SAT and ACT
  • Application Fee: $85
  • Minimum Education: High school or GED
  • Other Requirements: Essay, letters of recommendation

Applying to University of Massachusetts

  1. Choose your major
  2. Schedule a virtual student-guided visit
  3. Provide basic contact and identifying information in your application
  4. Submit transcripts, essays, letters of recommendation, and test scores
  5. Submit your application
8

Utah State University

Logan, UT

Utah State University is a public research university that offers online and in-person graduate and undergraduate degrees in applied sciences, engineering, social sciences, and natural resources. The Utah State Online school offers both a Bachelor of Arts and a Bachelor of Science in Economics.

Bachelor of Arts or Bachelor of Science in Economics

The programs cover business economics, managerial economics, financial economics, and quantitative economics. Graduates can go on to build a career in market research analysis, financial analysis, and budget analysis.

Bachelor of Arts or Bachelor of Science in Economics Overview

  • Accreditation: Northwest Commission on Colleges and Universities
  • Tuition: $9,846/year (online only)
  • Required Credits: 35 program credit hours
  • Program Length: Not specified
  • Learning Format: Online
  • NCES School Graduation Rate: 50%

Bachelor of Arts or Bachelor of Science in Economics Admission Requirements

  • GPA: 2.8 or above for admitted in good standing
  • Standardized Tests: SAT and ACT
  • Application Fee: $50
  • Minimum Education: High school or GED
  • Other Requirements: 4 years of English, 4 years of math, 3.5 years of social science, 3 years of lab science, 2 years of a world language

Applying to Utah State University

  1. Review application checklist
  2. Fill out and submit your online application
  3. Pay the application fee
  4. Submit supplemental items if necessary
  5. Check application status
9

Washington State University

Pullman, WA

Washington State University is a public land-grant school founded in 1890. The Pullman, Washington campus is the school’s oldest campus. WSU ranks 88 in top public schools , 101 in best value schools , and 179 in best national universities .

Bachelor of Science in Economic Sciences

This university's online economics program covers microeconomics, macroeconomics, financial accounting, and business management. Concentration areas for this degree include agribusiness, management, marketing and analytics, and supply chain management.

Bachelor of Science in Economic Sciences Overview

  • Accreditation: Northwest Commission on Colleges and Universities
  • Tuition: $10,996/year (in state); $26,312/year (out of state)
  • Required Credits: 120 credits
  • Program Length: Not specified
  • Learning Format: Online
  • NCES School Graduation Rate: 59%

Bachelor of Science in Economic Sciences Admission Requirements

  • GPA: 3.60 for assured admission
  • Standardized Tests: None
  • Application Fee: $70
  • Minimum Education: High school or GED
  • Other Requirements: None

Applying to Washington State University

  1. Submit your online application
  2. Submit transcripts
  3. Apply for financial aid
  4. Provide additional documents if required
  5. Check application status
10

West Texas A&M University

Canyon, TX

West Texas A&M University is a public university that offers online and in-person degree programs in behavioral sciences, computer sciences, business, and maths. It has a ranking of 34 in the top public schools according to US News and World Report.

Bachelors of Business Administration in Economics, Law and Economics Specialization

West Texas A&M University online economics degree offers financial accounting, consumer behavior, information systems, business law, macroeconomics, and statistics courses. The program required 42 core curriculum credits.

Bachelors of Business Administration in Economics, Law and Economics Specialization Overview

  • Accreditation: Southern Association of Colleges and Schools Commission on Colleges
  • Tuition: $50/credit (in state); $80/credit (out of state)
  • Required Credits: 42 core curriculum credits; total 120 credits
  • Program Length: Not specified
  • Learning Format: Online
  • NCES School Graduation Rate: 55%

Bachelors of Business Administration in Economics, Law and Economics Specialization Admission Requirements

  • GPA: 3.0
  • Standardized Tests: SAT1060 and ACT 21
  • Application Fee: $55
  • Minimum Education: High school diploma or GED
  • Other Requirements: Top 30% of your class

Applying to West Texas A&M University

  1. Register your account on the school’s website
  2. Complete your application
  3. Submit transcripts and test scores
  4. Submit proof of meningitis vaccination
  5. Check application status

What Is an Economics Bachelor’s Degree?

An economics bachelor’s degree is a four-year undergraduate program that covers social sciences, business, finance, math, and statistics topics. The primary curriculum includes financial economics, international relations, economic issues, and quantitative economics.

Upon completion of the program, Bachelor’s of Economics graduates have an in-depth understanding of analytical methods, national and international economic trends, consumer demand, and market analysis.

How Important Is a Bachelor’s Degree in Economics?

It is very important to have a Bachelor’s Degree in Economics because it allows you to break into the industry in entry-level or mid-level job positions, depending on your experience level and any additional credentials.

The main reasons why an economics bachelor’s degree is important are:

  • Job eligibility
  • Higher earning potential
  • Fundamental knowledge of industry standards and practices
  • Continuing education via certificate programs or a master’s degree

What Types of Bachelor’s Degree Can You Get in Economics?

The types of bachelor’s degrees for economics you can get include a Bachelor of Science, a Bachelor of Art, and a Bachelor of Business Administration. Each of these economics bachelor’s degree types holds its own benefits and provides the education needed to be successful.

Is It Better to Get a Bachelor of Science or a Bachelor of Business Administration in Economics?

It is better to get a Bachelor of Business Administration in Economics because it teaches the fundamentals of economics, finance, accounting, and business management and administration.

Although both degrees offer excellent education, if you find yourself wondering which is better, a Bachelor of Science in Economics or a Bachelor of Business Administration in Economics, try to find a business administration degree.

What Is the Difference Between an Economics Bachelor’s Degree and an Economics Certificate?

The main difference between an economics bachelor’s degree and a certificate in economics is that a certificate provides additional proof to potential employers that you are competent in economics.

A Bachelor’s Degree in Economics provides the fundamental skills, knowledge, and expertise to be successful in entry-level roles. An economics certificate can improve earning potential by showing employers you are more experienced and knowledgeable than bachelor’s degree holders. You can take a certificate program in a specific area if you wish to focus on a concentration in economics.

How Much Does It Cost to Get a Bachelor’s Degree in Economics?

An economics bachelor’s degree costs $16,647 per year for tuition and required fees at a four-year institution, according to National Center for Education Statistics. The average cost of a bachelor’s degree in economics depends on whether or not your school is private or public or for-profit or non-profit.

The economics bachelor’s degree cost for a private, non-profit institution is $35,807, while a public university costs $9,349 per year for a four-year institution. Be sure to review the tuition cost for your chosen university.

How Long Does It Take to Get an Economics Bachelor’s Degree?

It takes approximately four years to get a Bachelor’s Degree in Economics. Prospective students should be prepared to complete at least 120 credit hours for an economics bachelor’s degree program. The credit hours will vary depending on the school.

How Hard Is It to Get a Bachelor’s Degree in Economics?

A Bachelor’s Degree in Economics is not very hard to get if you have a passion for mathematics, finances, money itself, and solving economic problems in society or businesses. Students seeking to obtain this degree should be well-versed in mathematics to make the degree-earning process smoother.

Why Should You Get an Economics Bachelor’s Degree?

The benefits of getting a Bachelor’s Degree in Economics are that you can get a high-paying job in many industries, including business, finance, research, and information technology. Getting an economics bachelor’s degree prepares you for real-world scenarios you will encounter in the field and teaches you problem-solving skills and the technical methods to overcome them.

What Courses Do You Need to Take in a Bachelor’s Degree Program in Economics?

The required courses for economics bachelor’s degrees are fundamental economics concepts and processes to help with a foundational understanding of what economics is and how to effectively be an economist. Below you’ll find some of the economics courses for a bachelor’s degree in this subject.

Macroeconomics

In this course students learn why there are variances in monetary stability between not just people, but countries. Students gain an understanding of what money is, why people are taxed more, and why certain countries are poorer than others.

Microeconomics

A microeconomics course teaches students how economists make decisions on behalf of governments, individuals, and firms. Expect to learn how to make decisions regarding trade-offs like resources, money, and land.

Data Science and Economics

Here, students learn the fundamentals of data analysis, statistics, and modeling regarding economics. Students learn how to solve real-world economic problems by analyzing and diagnosing such problems.

Econometrics

An econometrics course teaches students how to use real-world, uncontrolled data and make decisions using such data. Data analysis is a crucial aspect of econometrics so be prepared to explore advanced data analysis to overcome econometrics and business challenges.

Economist Communication

It is crucial for any recent undergraduate entering the economics field to understand the language and be able to communicate with industry professionals effectively. Students learn how to listen to industry issues, communicate, and conduct proper audience analysis.

Continuing Education Paths for Economics Bachelor’s Degree Graduates

The best path to take with an economics bachelor’s degree is to get a Master’s Degree in Economics. A master’s degree teaches mastery-level skills that provide you with more job opportunities and earning potential.

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What to Look For in the Best Economics Bachelor’s Degree Programs

The best economics bachelor’s degree programs have few barriers to admission, excellent reputation, accreditation, high graduation rates, and affordable tuition. This section explains what to look for in a college for a Bachelor’s Degree in Economics.

Graduation Rate

Taking note of the graduation rate of an institution should be at the top of your list of priorities. The graduation rate indicates what percentage of students successfully complete their program at the school. Universities with a high graduation rate mean you have a better chance of completing your program successfully.

Barriers to Admission

Some schools have more admissions requirements than others, meaning it can be more challenging to be enrolled. Review the admissions requirements of the institution and ensure you meet the minimum requirements for the easiest path to admission.

Accreditation

Accreditation from a third-party organization assures that a university or college upholds certain standards of education and academia. Choose a school with accreditation from a reputable accrediting organization to ensure you receive the best education possible.

Cost

The cost of tuition of a school can be a deciding factor when choosing a school. Some schools’ tuition can be expensive and create a burden for students. Select a school with a tuition that is either affordable or that is primarily covered by financial aid or scholarships.

Faculty Credentials and School Reputation

Determine whether or not the school, program, and faculty members have a good reputation amongst alumni. Find out the credentials program professors hold and what former students think of both the school and the program.

What Is the Most Affordable Economics Bachelor’s Degree?

The most affordable Bachelor’s Degree in Economics can be obtained from the University of California, Berkeley which has a tuition and fees rate of $14,254 per year for in-state students plus supplemental tuition of $29,754 per year for out-of-state students. Although this is still a costly program, it is much cheaper than other schools listed in this article.

Salary and Job Outlook for Economics Bachelor’s Degree Graduates

A black Android placed next to a laptop with an open forex trading page. Economics Bachelor's Degrees
Economics graduates can opt for lucrative careers in business, IT, and research.

Economics bachelor’s degree jobs have high earning potential, and you can see yourself working in information technology, business, finance, and research industries. Find out what the top 10 best-paying Bachelor’s Degree in Economics jobs are and the Bachelor’s in Economics salary you can earn with this degree.

How Hard Is It to Get a Job With an Economics Bachelor’s Degree?

It is not very hard to get a job with an economics bachelor’s degree if you are applying to entry-level jobs. Entry-level jobs are typically geared towards bachelor’s degree graduates. If you want higher earning potential though, then it will be hard to earn a higher-paying job with just a Bachelor’s Degree in Economics. Consider pursuing a master’s degree in the subject.

What’s the Average Economics Bachelor’s Degree Salary?

The average salary for someone with a Bachelor’s Degree in Economics is $70,994 per year in the United States . The average salary for Bachelor’s Degree in Economics graduates will vary based on location, so it is best to check the average salary in your hometown.

What Types of Jobs Can You Get With an Economics Bachelor’s Degree?

The jobs you can get with an economics bachelor’s degree are analyst jobs, banking and financial advisory jobs, and business and marketing-related roles. Below are five of the highest-paying economics jobs for bachelor’s degree holders that are further explained in our comprehensive list of jobs for economics bachelor’s degree grads.

Economics Degree Jobs

  • Economist
  • Personal Financial Advisor
  • Investment Banker
  • Financial Analyst
  • Budget Analyst

Potential Careers With an Economics Degree

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How Much Money Can You Make With a Bachelor’s Degree in Economics?

You can make between $58,914 to $105,630 per year with a Bachelor’s in Economics degree. The average money that economics majors make out of college will vary based on the position you are hired for, the state in which you work, and your experience in the field. Below you will find the highest-paying states for each job.

Highest-Paying Economics Bachelor’s Degree Jobs and Salaries: Overview

Economics Bachelor’s Degree Jobs Average Salary
Economist $105,630
Personal Financial Advisor $94,170
Investment Banker $82,561
Financial Analyst $81,410
Budget Analyst $79,940
Accountant $77,250
Data Analyst $69,343
Market Research Analyst $63,920
Business Reporter $61,862
Auditor $58,914

Best Jobs for Economics Bachelor’s Degree Grads

The best jobs for economics bachelor’s degree grads are those with a high salary, positive job outlook, and fit within your career interests. Below is a list of some of the best paying economics bachelor’s jobs you can get.

1

Economist

Average Salary: $105,630

Economists study national and international market trends and analyze economic issues to predict economic behavior. They need to possess excellent critical thinking skills, data science skills, and finance and business skills. Economists also study statistical analysis, socioeconomic trends, consumer behavior, and stock market patterns to interpret market behavior.

2

Personal Financial Advisor

Average Salary: $94,170

As the name suggests, a personal financial advisor deals with an individual's assets and financial planning. Their duties include investment, accounting, taxation, banking, retirement planning, and financial advice. Some economics majors and specializations for this job include financial management, economics, or business administration.

3

Investment Banker

Average Salary: $82,561

Investment bankers are financial professionals who conduct market research and financial analysis to provide investment advice. Their job duties include risk management, fundraising, and financial planning. Investment bankers can find lucrative career opportunities at several private and government agencies.

4

Financial Analyst

Average Salary: $81,410

Financial analysts interpret financial data to plan the future finances of an organization. They study the company’s expenditure report, conduct variance analysis, and perform market analysis. An undergraduate economics program will help you understand financial market trends, economic issues, and business analysis which are essential for the position.

5

Budget Analyst

Average Salary: $79,940

Budget analysts perform similar job duties to financial analysts and are responsible for designing a budget plan based on a cost-benefit analysis. This role also requires them to review budget proposals, monitor company expenditures, perform financial analysis, and forecast budget limits.

6

Accountant

Average Salary: $77,250

An undergraduate degree in economics can also help you pursue a career in accounting. This job also requires work with budgets, taxes, payrolls, and economic risk analysis. Accountants are needed in all types of industries, both tech and non-tech. Their job requires them to aid business managers, human resource managers, and financial analysts with finance matters.

7

Data Analyst

Average Salary: $69,343

Economics majors can also pursue a career in data analysis. However, know that you will need additional training in data analysis methods and data science fields. Data analysts are responsible for data collection, interpretation, organization, maintenance, and analysis. These professionals need analytical, statistical, and quantitative skills for this position.

8

Market Research Analyst

Average Salary: $63,920

Market research analysts support companies with their product marketing strategies by analyzing consumer behavior, economic trends, and industry trends. Their job requires extensive knowledge of data analysis, UX/UI design, and product management. A business, economics, or statistics degree will help you start a career in this field.

9

Business Reporter

Average Salary: $61,862

If you have excellent public speaking, interpersonal, and analytical skills, then a career in business reporting could be for you. Depending on your goals, you can work for private or public news corporations. Your job responsibilities include explaining market trends, covering financial news, and analyzing business development in news reports.

10

Auditor

Average Salary: $58,914

Auditors are essentially investigators in the financial department who work to connect the company’s cash flow and expenditures. Their job includes examining financial risks, assisting the company’s legal team, and protecting the company’s assets. The standard education requirement for an auditor is a bachelor’s degree in finance or accounting, but a solid foundation in economics will also qualify you for the position.

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Is a Bachelor’s Degree in Economics Worth It?

Yes, a Bachelor’s Degree in Economics is worth it if you wish to pursue a career as an economist, business manager, financial manager, financial analyst, or auditor. This undergraduate economics degree helps you break into several fields including journalism, finance, agriculture, political science, and IT.

You can get your economics bachelor’s degree from highly reputable, accredited United States schools like Harvard University, Stanford University, and Yale University. Simply follow the application process, ensure you meet the minimum requirements for admissions, and fulfill the degree requirements for graduation.

Additional Reading About Economics

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Economics Bachelor’s Degree FAQ

Is a degree in economics a Bachelor of Science or a Bachelor of Arts?

You can find both Bachelor of Science in Economics and Bachelor of Arts in Economics, depending on the university. The main difference will be whether the coursework focuses on a specialized, science-based curriculum or a more general, liberal arts curriculum.

What is the annual wage of an economist with a bachelor’s degree?

According to the Bureau of Labor Statistics, the median salary of an economist with a bachelor’s degree is $108,350.

What jobs can I get with a bachelor’s degree in economics?

A Bachelor’s Degree in Economics can help set you on a wide variety of career tracks, including economic consultant, financial analyst, statistical analyst, accountant, and investment banker.

What are the best economics bachelor’s degree colleges?

Some of the best economics bachelor’s degree colleges include Columbia University, Penn State University, Harvard University, and Yale University.

About us: Career Karma is a platform designed to help job seekers find, research, and connect with job training programs to advance their careers. Learn about the CK publication.

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Sunayana Samantaray

About the author: Sunayana, a certified Executive Coach by the International Association of Professions Career College, is an experienced content writer. She has written about topics such as career changes, education, tech, sustainability, business, and data science. She holds a Bachelor's Degree in International Business and Human Resource Management from the University of Oklahoma.

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