Bachelor of Economics

A Bachelor of Economics (BEc or BEcon)Bureau of Labor Statistics: How to Become an Economist is an academic degree awarded to students who have completed specialised undergraduate studies in economics. Variants include the Bachelor of Applied Economics and Bachelor of Economic Science, and "tagged" degrees such as BA (Econ), BS (Econ) / BSc (Econ), BCom (Econ), and BSocSc (Econ).

These degrees aim to provide students with a comprehensive understanding of economic theories, principles, and models, and their application in analyzing real-world economic issues. The program then encompasses a broad range of topics in the field of economics, including microeconomics, macroeconomics, econometrics, economic history, and international economics. It is, at the same time, substantially more theoretical and mathematically rigorous than the economics major within generalist undergraduate degrees (e.g. BBA, BA or BCom).

Graduates often pursue careers in economic analysis, policy development, finance, and business consulting, or continue their studies in graduate programs.

Structure The BEcon and the specialized degrees"Economics Specialist" , University of Toronto"Economics as an expanded subject" , Bar Ilan University each have their own structure, differing by university. Generally, though, the curriculum is built around a core of theory, to which is added courses in the various branches, and areas of application; see next section. In the US, a structured "program" is often offered within the College of Arts and Sciences.Undergraduate Program , MITUndergraduate Program , Princeton UniversityCourse Information , UCLA In the Commonwealth, specialized BCom-Economics degrees are often offered through the commerce faculty.Economics , Victoria University of WellingtonUndergraduate study in Economics , University of AucklandBCom (Economic Sciences) , Stellenbosch UniversityBCom Economics , University of the WitwatersrandBachelor of Commerce in Economics , University of South AfricaECONOMICS , University of Western Australia The program is often available as a social science degree.BA (Honours) Social Sciences (Economics) , Open University Several universities offer a separate 1 year Honours degree,Bachelor of Economics (Honours), Australian National University and the program then comprises "3 years plus 1"; often, Honours (US, Honors) is included in the four year structure.Concentration Requirements, Harvard An Honours research-thesis will be required.

Under both specialized and general programs, economics is often combined with a second major in finance or management,Economics and Management , University of OxfordBachelor of Commerce, University of the South Pacific"Economics, Management, Finance and the Social Sciences" , University of London or with other social sciences;Bachelor of Social Science Degree Majoring in Economics , University of Cape TownMajor in Business, Economics, and Society and Major in International Political Economy, Colorado College in the US, economics is often combined with a quantitative subject such as math or computer science.Wendy A. Stock (2017). Trends in Economics and Other Undergraduate Majors . American Economic Review, vol. 107, no. 5, May 2017 (pp. 644-49) The interdisciplinary "PPE" integrates philosophy and politics with economics. Some business schools offer a joint program with the economics department;BS in Economics , WhartonBA(Hons) in Economics and Management , Saïd Business School similarly, joint-majors are commonly offered with the mathematics department.B.S. in Joint Mathematics-Economics , UCSDEconomics and Mathematics , Yale UniversityMathematics and Economics BSc , University of NottinghamApplied Math/Economics , HarvardMath Econ Major, Colorado College

Some universities allow that the degree as a whole may be further specialized; either in one of the applied areas, or, more common, in one of the major branches, often development economics,BSc Development Economics , SOAS econometrics / mathematical economics,BSc Econometrics and Mathematical Economics, London School of EconomicsBCom Honours Econometrics , University of JohannesburgMajor in Mathematical Economics , University of Kentucky political economy,Bachelor in Political Economy , Norwegian University of Science and Technology agricultural economics,B.S. Agricultural Economics: Applied Economics , University of Idaho or business economics.Business Economics, B.S., University of Wyoming Others allow this specialization at the Honours degree level. Some universities offer a "Bachelor of Applied Economics"Bachelor of Applied Economics , Massey University or similar,Undergraduate Program in Applied Economics & Management , Dyson, Cornell which will be career-focused. Degrees in Financial Economics,Financial Economics BSc (Hons) , City University - LondonFinancial Economics (BSc) , BirkbeckBachelor of Science in Financial Economics , UMBC integrate finance into the economics program, as opposed to via a second major.

Curriculum

Typically,"Economics Major and Minor" , University of PittsburghEconomics Major , Stanford UniversityBachelor of Economics - Degree Structure , University of Adelaide the core-degree comprises microeconomics, macroeconomics and econometrics; while mathematical economics is sometimes required.BCom with specialisation in Economics , University of the Free State Micro- and macroeconomics are taught through the "intermediate" level, preparing the student for the "advanced" postgraduate courses. Macroeconomics extends to a discussion of the more advanced models of the economy, differences here between schools, and the related policy analysis; microeconomics extends to general equilibrium, to an analytic approach to demand with curves derived from utility functions, and to game theory as applied to competition, and hence supply. Some programs then specify a course in microfoundations, where the macroeconomic models are derived by aggregating microeconomic models. Econometrics is intended to give empirical content to these economic relationships, and here focuses on the single-equation methods largely linear regression, and time series; students are trained on packages such as STATA, EViews and R.

Building on this core, are courses in the major branches of economics: monetary economics, international economics, development economics, labor economics, and welfare economics. Social science oriented degrees may emphasize economic statistics and political economy; and often do not require econometrics or mathematical economics. History of economic thought and economic history may be included in either variant.Degree Requirements, The New School

Electives may be offered in the above branches, or in various areas of applied economics, such as agricultural economics, environmental economics, resource economics, managerial economics, and financial economics. Mathematical economics is often an elective; it is generally recommended for those intending graduate training in Economics. In the US, these students will often also study selected math-courses in multivariable calculus, differential equations, linear algebra, optimization, and sometimes analysis.Courses and Requirements: Economics , Hamilton CollegeBA Economics Major , University Of Colorado Boulder

Co-requisite courses from outside of economics are invariably a program requirement. Common to all business programs are introductory or business statistics, and "quantitative techniques", comprising basic calculus, interest calculations, and sometimes matrix operations; the social science programs sometimes include these, and may also require credits in sociology and psychology. Some knowledge of accountancy or management may be assumed in the "applied courses"; credits in these are usually inherent in the business degree.

Most specialized programs require further "Mathematics for Economists",Open textbooks include: Katherine Eyal (2014). Mathematics for Economists Frank Werner and Yuri Sotsko (2006). Mathematics of Economics and Business Bruno Belevan, et al. (2020). Optimal, Integral, Likely: Optimization, Integral Calculus, and Probability for Students of Commerce and the Social Sciences essentially a (detailed) survey of the topics mentioned above re US students;See for example these sequences. UQ: i , ii , iii ; UCT: i, ii, iii . The final in both cases is at masters level and includes analysis. Some universities - UJ, for example - title the sequence "Quantitative Economics". see . Statistics is similarly extended,BA Economics , SOAS often within the math course, as underpin to the econometrics coursework. The specialized BSc programs are often more math intensive than the BA programs.What can you do with an economics degree? , Times Higher Education Similarly, the Honors track will have additional math requirements.

Bachelor of Economics

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