AI & Innovation Economics
Microcredential
6
Credit(s)
Credit(s)
Undergraduate
Academic Level
Academic Level
Tuition-based
Cost
Cost
Earn the expertise you need to harness artificial intelligence (AI) technology for business, economic and policy applications.
This 6-credit, undergraduate-level AI & Innovation Economics microcredential program offered by the Department of Economics in UAlbany's College of Arts and Sciences includes two courses.
You will gain expertise in leveraging AI tools, analyzing innovation markets, and evaluating the economic and strategic impacts of emerging technologies — preparing you for careers in consulting, policy analysis and technology strategy.
With AI professionals earning a median salary nearly double that of other fields, this microcredential offers a strong investment in career advancement.
Cost
This microcredential is based on undergraduate tuition rates.
Completion Requirements
The AI & Innovation Economics microcredential is stackable and will put you on a path to completing an BA in Economics, a BS in Business Economics or a BS in Quantitative Economics and Data Analysis from the Department of Economics in the College of Arts and Science.
Completion requirements for this microcredential include:
- Complete the following two courses (or an equivalent course, subject to departmental approval) with a passing grade:
- AECO 372 - Artificial Intelligence for Business and Economics: Examine AI’s impact on labor markets, firm strategy and ethical considerations such as bias and privacy. Gain proficiency in machine learning models.
- AECO 373 - Economics of Innovation and New Technology: Analyze how policy and regulation influence research and development (R&D) and technology diffusion. Study inventor labor markets, firm innovation strategies, and the economic and societal impact of technological change.
Visit the Undergraduate Bulletin for course prerequisites and full course descriptions. Visit the Schedule of Classes to explore upcoming course offerings. Register for classes.
Learning Objectives
By completing this microcredential you will be proficient in:
- Evaluating AI’s impact on labor markets, firm strategy and ethical considerations
- Applying supervised and unsupervised machine learning models to analyze real-world business and economic data
- Analyzing how government funding, regulation, intellectual property law and policy influence R&D, technology diffusion, and industry networks
- Examining labor market for inventors, the organization of innovation within firms and institutions, and the economic impacts of technological change
Throughout, use artificial intelligence as a recurring case — treated as a fast-diffusing, potentially labor-substituting, general purpose technology — to assess impacts on employment, productivity, inequality, privacy and security.
Eligibility
To earn the microcredential, you’ll complete two undergraduate-level courses in economics (AECO 372 and AECO 373) taught by leading faculty in the field. Visit the Undergraduate Bulletin for information on course prerequisites.
To register for the courses in this credential:
- Current UAlbany students: Contact your academic advisor to register for the required courses.
- Professional learners: Apply for non-degree undergraduate study to register for the required courses.
Earning the Badge
Once you successfully complete all required courses, please email [email protected] to request access to the completion form so you may apply to receive your Credly badge.
