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Bachelor of Science

Economics

Program of Study

You will begin the BS in Economics program by studying the principles of microeconomics and macroeconomics. These courses will provide you with the basic concepts of the discipline, including the operation of markets, consumer behavior, firm behavior, how goods are produced, how governments operate, and how growth, the interest rate, unemployment and inflation are determined in the economy as a whole. 

In addition to the intermediate core courses in microeconomics, macroeconomics and economic statistics, the Bachelor of Science in Economics major adds a capstone course in applied econometrics where you will have the opportunity to develop and present an empirical analysis of an economic question. You will also study advanced economic methods and applications including macroeconomic modeling, game theory, international trade, international macroeconomics, financial economics and labor economics.

 

Required Courses

  • Principles of Economics I: Microeconomics
  • Principles of Economics II: Macroeconomics
  • Algebra and Calculus II or Calculus I or Honors Calculus I
  • Calculus II or Honors Calculus II or Mathematics for Economists
  • Intermediate Microeconomics
  • Intermediate Macroeconomics
  • Economic Statistics
  • Applied Econometrics


Additional Economics Credits

Five additional courses (15 credits) in economics, with at least two courses at the 400 level.

Honors Program

The Honors Program is designed to provide capable and motivated students with a greater understanding of economics and to better prepare you for graduate and professional schools. Honors students must complete all requirements of the BS program in economics, including the Senior Honors Research Seminar as part of the program and submit a senior honors thesis acceptable to the Economics Honors Committee.

Applied Learning
Gain work experience and develop career skills by engaging in an economic internship during your senior year. In the 3-credit internship course you will participate in 150 hours of sponsored activity and complete career-relevant reading and writing assignments. You will also be encouraged to conduct undergraduate research, and develop a research project through independent studies. Additionally, you will have the opportunity to pursue honors in economics through the preparation of a senior thesis involving research.

Content

 

honors

Accelerated Undergraduate/Graduate Options


You can save time and money by beginning your graduate degree coursework while still enrolled as an undergraduate student. Up to 12 academic credits, billed at the undergraduate rate, will count towards both degrees – so you’ll complete your combined program in only 5 years and spend less than you would if you completed each program separately. Choose to combine your Economics undergraduate degree with the following graduate programs:

combined

MA in Economics
This master’s program provides advanced training in economic analysis for expertise in your chosen concentration area, including finance, economic forecasting, international economics and health.
 

MPA in Public Administration and Policy
This top-ranked master’s program prepares you to help solve complex socioeconomic problems with concentration areas including non-profit management and leadership, public policy, healthcare management, information technology management, public economics and finance, and homeland security.
 

MS in Information Science 
This ALA-accredited master's program covers a broad range of interdisciplinary topics related to library science, information processing, information management and data analysis.

UAlbany graduate at Commencement
Career Outcomes

With a Bachelor of Science in Economics degree you will develop the analytical and econometrics skills that are highly valuable for careers in finance and industry; federal, state and local governments; scientific research and development services; and management, scientific, and technical consulting services.  You will also be well qualified to pursue an MBA after graduation.

Potential job titles include:

  • Financial Analyst, corporate or independent
  • Economist at a bank or corporation
  • Consultant or Advisor on labor matters
  • Economic policy maker in government agencies
  • Financial Department Leader at a health care provider
  • Monetary Director at a nonprofit or non-governmental organization

 

 

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careers

International Students

This degree is designated as a STEM program. International students maintaining F-1 status are allowed to apply for up to 12 months of post-completion Optional Practical Training (OPT) following completion/graduation from their degree program. Currently, this degree program is also designated by the Department of Homeland Security (DHS) as an eligible degree for the F-1 STEM OPT work authorization extension; students who secure qualifying employment may be eligible to apply for the STEM OPT extension for a cumulative total of up to 36 months of F-1 OPT work authorization.

Student Learning Objectives

Learning objectives that UAlbany students are expected to attain through their course of study within their academic program.

Bachelors Degrees
  • Understand the economic issues and problems faced by individuals, organizations and society, the economic principles that help explain behavior and the range of institutions that affect the allocation of resources.
  • Be able to apply methods of economic analysis (such as supply and demand, equilibrium, constrained optimization and dynamic analysis) to behavior and social phenomena.
  • Have the ability to employ statistical and econometric methods and software in the analysis of economic data and models.
  • Be prepared for advanced study or employment.

What Makes The University at Albany Great

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Living-Learning Communities

Live and take classes with other incoming freshmen who share your personal interests, passions or intended academic major.

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Study Abroad

Become a global citizen: international experience is crucial to success in business, education, research, and public policy.

Student conducting undergraduate research

Undergraduate Research

Research, scholarship, and creative activities at the University at Albany is an option for all students, across all academic disciplines. You will be able to learn more about a specific academic field or career path all while building a long-lasting mentoring relationship with a faculty member or principal investigator.

Explore Minors

Build competency in a passion or strengthen your resume.

A minor consists of 18–24 graduation credits which must include a minimum of 9 graduation credits of advanced coursework at or above the 300 level. Most undergraduate degrees require completing a minor and it has to have a different title from your major.

Full List of Minors
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  • Women's, Gender and Sexuality Studies