Bachelor of Science in Economics Undergraduate Program By West Virginia University |Top Universities

Bachelor of Science in Economics

Subject Ranking

# 451-500QS Subject Rankings

Main Subject Area

Economics and EconometricsMain Subject Area

Program overview

Main Subject

Economics and Econometrics

Degree

Other

Study Level

Undergraduate

In the broadest sense, economics is the science of decision-making. In economics, students learn how to identify the costs, benefits, and consequences of a decision. Government economists assess economic conditions in the U.S. and abroad and estimate the economic impact of specific changes in legislation or public policy. Economists in private industry work largely for marketing research firms, management consulting firms, banks, investment firms, and insurance companies. A degree in economics is also highly desirable for students who plan to attend graduate school or law school. The College of Business and Economics has an excellent record of placing economics students in both. Major Learning Goals The objective of providing a foundational education in economics at the undergraduate level cannot be realized without appropriate curricula content, effective teaching, and ultimately, learning. Within the undergraduate economics major, we subscribe to the following learning goals for each of our undergraduate students. Students can use supply and demand to analyze how world events affect market equilibrium prices and quantities. Students understand the theory of the firm and its implications for prices and production under different market structures. Students understand the role of prices and profits and losses in coordinating economic activity. Students can evaluate the efficiency of competitive market outcomes relative to alternative arrangements. Students can explain how GDP, the unemployment rate, inflation, interest rates, and economic growth are measured, can distinguish between real and nominal variables, and can explain the significance of these measures. Students understand and can analyze the determinants of long-run variations in national economic growth rates, wealth, and income. Students understand and can analyze the determinants of short-run fluctuations of economic variables over the business cycle. Students understand the goals and tools of monetary and fiscal policy. Careers Economics is an excellent major for anybody interested in a career in: Banking Business Domestic government service Foreign Service Law Politics

Program overview

Main Subject

Economics and Econometrics

Degree

Other

Study Level

Undergraduate

In the broadest sense, economics is the science of decision-making. In economics, students learn how to identify the costs, benefits, and consequences of a decision. Government economists assess economic conditions in the U.S. and abroad and estimate the economic impact of specific changes in legislation or public policy. Economists in private industry work largely for marketing research firms, management consulting firms, banks, investment firms, and insurance companies. A degree in economics is also highly desirable for students who plan to attend graduate school or law school. The College of Business and Economics has an excellent record of placing economics students in both. Major Learning Goals The objective of providing a foundational education in economics at the undergraduate level cannot be realized without appropriate curricula content, effective teaching, and ultimately, learning. Within the undergraduate economics major, we subscribe to the following learning goals for each of our undergraduate students. Students can use supply and demand to analyze how world events affect market equilibrium prices and quantities. Students understand the theory of the firm and its implications for prices and production under different market structures. Students understand the role of prices and profits and losses in coordinating economic activity. Students can evaluate the efficiency of competitive market outcomes relative to alternative arrangements. Students can explain how GDP, the unemployment rate, inflation, interest rates, and economic growth are measured, can distinguish between real and nominal variables, and can explain the significance of these measures. Students understand and can analyze the determinants of long-run variations in national economic growth rates, wealth, and income. Students understand and can analyze the determinants of short-run fluctuations of economic variables over the business cycle. Students understand the goals and tools of monetary and fiscal policy. Careers Economics is an excellent major for anybody interested in a career in: Banking Business Domestic government service Foreign Service Law Politics

Admission requirements

61+
6+

Tuition fee and scholarships

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

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More programs from the university

West Virginia University, founded in 1867, is a land-grant institution – and WVU Morgantown is the flagship of a system of statewide campuses. WVU is committed to advancing education, healthcare and prosperity by providing access and opportunity to all. An R1 research institution – one of only 115 in the nation – WVU’s researchers are performing groundbreaking work in energy, physics and astronomy, neuroscience, forensic science and rural health.

WVU Morgantown’s enrollment of 28,409 includes students from all 50 U.S. states and over 2,300 international scholars from 107 nations. WVU offers more than 340 majors at the bachelor’s, master’s, doctoral and professional levels from 14 colleges and schools. Majors range from accounting, music industry, aerospace engineering, biostatistics, astronomy, business, energy systems engineering and psychology to public health, global supply chain management, mining engineering, physics, sport management and strategic communications.

The Petroleum and Natural Gas Engineering program is accredited by ABET; WVU is one of only three US universities that offer this major.

And WVU is the only US university to offer bachelor's, master's and doctoral degrees in forensic and investigative science and has the largest crime scene training complex in the US, which includes four crime scene houses, a vehicle processing center and a vault for bank robbery scenarios.

The University has been accredited by the Higher Learning Commission since 1926, and individual programs hold dozens of specialized accreditations.

U.S. News & World Report’s 2017 America’s Best Graduate Schools included 19 WVU programs, with Petroleum Engineering at #12 and Pharmacy at #36. WVU is one the magazine’s Top 100 Public Universities, and the online Software Engineering graduate program is ranked #10. Bloomburg Business ranked WVU’s College of Business and Economics as the ninth-best for return on investment, and our Statler College of Engineering is ranked the 24th best value for an undergraduate program

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