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Economics, BS

In the broadest sense, economics is the science of decision-making. You will learn how to identify the costs, benefits and consequences of a decision.

Often identified with the study of market behavior, economists also study issues that affect the market such as criminal behavior, poverty, law, environmental control, population, voting and political behavior.

At 61´«Ã½tv you may earn a Bachelor of Arts (BA) in Economics or a Bachelor of Science (BS) degree in Economics.

The BS in Economics requires courses in Economics (Intermediate Microeconomic Theory, Intermediate Macroeconomic Theory and American Economic History), as well as Economics electives, such as International Economics, Economic Development, Comparative Economic Systems, Econometrics, Mathematical Economics, Labor Economics, Money and Banking, and Public Economics.

In addition to the courses in Economics, BS Economics students must take at least 21 hours of John Chambers College of Business and Economics electives. Many take the introductory courses in each of the business areas, such as finance, management, marketing and business law, to get a basic introduction to business. Others concentrate in one or two areas. There is a great deal of flexibility to design a curriculum best suited to your interests.

Your Degree Plan The 61´«Ã½tv Difference Learn by Doing Careers and Outcomes Admission Requirements Tuition and Aid Take the Next Steps

Your Degree Plan

Intro

Aerial view of Martin and Woodburn Halls

The field of economics is very broad and can be applied many ways. Our graduates can do just about anything — government, law school, teaching or finance fields like insurance and banking.

Tailor this major to your interests by focusing your coursework in one of these areas:

  • Law and Economics

Take advantage of special options related to this major:

  • 3+3 Program

    This major is eligible for the that allows qualified students to earn a bachelor’s degree and law degree in six years instead of seven years.

  • Accelerated Program

    Economics offers the option to earn a bachelor's and master's degree in an accelerated time frame.

  • Honors

    Expand your curiosity — and enhance your curriculum — through the 61´«Ã½tv Honors College. Two programs are offered: for first- and second-year students and for third- and fourth-year students.

The 61´«Ã½tv Difference

What sets this program apart from its competitors?

  • "Concept through operation" business services available through .
  • Student organizations unique to business.
  • Home of the , which contributes significantly to Morgantown and West Virginia.
  • Research opportunities in the Behavioral Economics and Situational Testing (BEAST) Lab through the Research Apprenticeship Program.
  • Chambers College awards annually, in addition to 61´«Ã½tv scholarships.
  • Reynold's Hall, home of the Chambers College, opened in 2022.
  • Chambers College is fully accredited by the — the highest level of business school accreditation in the world.
Scholarships

Over 92% of 61´«Ã½tv freshmen receive grants or scholarships (2022-2023).

Learn more

Learn by Doing

Learning happens outside the classroom. Get involved.

  • Present at academic conferences and publish work in academic journals.
  • Learn from nationally and internationally recognized faculty members and doctoral students.
  • Participate in research through the .

Connect with other students who share your academic interests as a member of:

View all of the you can join.

Live, study and pursue outside-the-classroom learning in a that shares your interests:

Outside of the Evansdale Crossing building.

What you learn outside of the classroom is just as important as what you learn during class. We’ll help you follow your curiosity.

Careers and Outcomes

How does this degree prepare students for a career?

Market Research Analysts and Marketing Specialists

Research market conditions in local, regional, or national areas, or gather information to determine potential sales of a product or service, or create a marketing campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution.

Has a Bright Outlook

Median Salary: $74,680

Possible job titles include: Market Analyst, Market Research Analyst, Market Research Consultant, Project Manager.

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City and Regional Planning Aides

Compile data from various sources, such as maps, reports, and field and file investigations, for use by city planner in making planning studies.

Median Salary: $43,190

Possible job titles include: Community Planner, Planner, Planning Assistant, Planning Technician.

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Statistical Assistants

Compile and compute data according to statistical formulas for use in statistical studies. May perform actuarial computations and compile charts and graphs for use by actuaries. Includes actuarial clerks.

Median Salary: $50,510

Possible job titles include: Actuarial Assistant, Actuarial Technician, Research Analyst, Research Assistant.

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Financial Quantitative Analysts

Develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.

Has a Bright Outlook , May require a Graduate Degree

Median Salary: $78,310

Possible job titles include: .

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Financial Managers, Branch or Department

Direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department.

Has a Bright Outlook

Median Salary: $156,100

Possible job titles include: Banking Center Manager (BCM), Branch Manager, Credit Administration Manager, Vice President.

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Financial Analysts

Conduct quantitative analyses of information affecting investment programs of public or private institutions.

Has a Bright Outlook

Median Salary: $99,010

Possible job titles include: Analyst, Financial Analyst, Investment Analyst, Securities Analyst.

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Personal Financial Advisors

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.

Has a Bright Outlook

Median Salary: $99,580

Possible job titles include: Certified Financial Planner (CFP), Financial Advisor, Financial Planner, Portfolio Manager.

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Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

Has a Bright Outlook

Median Salary: $84,300

Possible job titles include: Credit Union Examiner, Examining Officer, Principal Examiner, Supervisory Examiner.

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Fraud Examiners, Investigators and Analysts

Obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.

Has a Bright Outlook

Median Salary: $78,310

Possible job titles include: Certified Fraud Examiner, Inspector General, Investigator, Special Agent.

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Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

Has a Bright Outlook

Median Salary: $108,020

Possible job titles include: Business Intelligence Analyst, Business Intelligence Manager, Competitive Intelligence Analyst, Manager, Market Intelligence.

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Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Has a Bright Outlook , May require a Graduate Degree

Median Salary: $115,730

Possible job titles include: Economic Analyst, Economist, Professor, Professor of Economics.

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Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

Has a Bright Outlook , Is a Green Occupation , May require a Graduate Degree

Median Salary: $115,730

Possible job titles include: Environmental Economist, Natural Resource Economist, Principal Associate, Principal Research Economist.

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Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

May require a Graduate Degree

Median Salary: $115,300

Possible job titles include: Economics Professor, Instructor, Professor, Professor of Economics.

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Potential Employers

Companies employing our graduates include:

  • American Income Life
  • Deloitte
  • Freddie Mac
  • Liberty Mutual
  • Truist

Graduates also have gone on to intern with the Cleveland Indians and work as chief economist for the city of Quincy, Massachusetts.

Many graduates choose to attend graduate school and are placed well into graduate programs.

Admission Requirements

To be admitted to 61´«Ã½tv's Economics major, first-time freshmen must meet 61´«Ã½tv's . They also must meet one of the following admission requirements. Interested in transferring? Review the .

Tuition and Aid

How much does Economics at 61´«Ã½tv cost? And how can you save?

Tuition and Fees

Estimated rates are available on our tuition website. Anyone who is not a current West Virginia resident, including international students, will be charged non-resident rates.

Scholarships

Estimate your eligibility for merit scholarships at 61´«Ã½tv Morgantown.

Find Scholarships

Net Price Calculator

Estimate your cost of attendance and eligibility for financial aid and scholarships at any 61´«Ã½tv System campus.

Ways to Save

Here are a few ways for you to save on the cost of attending 61´«Ã½tv in addition to university scholarships.

Financial Aid

The most important step toward funding your future with financial aid for the Economics major is submitting the Free Application for Federal Student Aid, or FAFSA.

Ohio Tuition Reciprocity

As the result of a special agreement, students from Ohio who are fully admitted to Economics can enroll at 61´«Ã½tv and pay in-state tuition rates. Students must be admitted to both the University and this major.

Transfer Articulation Agreements

To simplify the transfer process, we have formal agreements with certain institutions. These agreements outline the courses you should take to prepare for transferring to 61´«Ã½tv.

Review the to see if your institution is listed.

Ready to take the next step?

Learn how to join the 61´«Ã½tv family.

Want to know more about Economics at 61´«Ã½tv? Fill out our request form to receive more information.

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​​Experiencing campus is the best way to see if 61´«Ã½tv is the right fit. Choose from in-person and virtual options.

Visit 61´«Ã½tv

Your first step to becoming a Mountaineer is applying for admission using our convenient online application.