While earning a Bachelor of Science in Economics degree, students have the opportunity to learn how financial markets work. They can learn how products are manufactured, where resources come from and how resources and goods are distributed. Teachers often explain economic philosophies and show students how to analyze and predict trends.
Some schools also offer a Bachelor of Arts in Economics, which requires students to take more liberal arts classes than those in a B.S. program. Some programs allow students to select a specialty within the economics field so they can tailor their curricula to their career goals.
Bachelor of Science BS Economics Degree
Students take several math, science, business and computer courses while earning a B.S. in Economics. Some common classes may include:
- Advanced mathematics, including calculus & algebra
- Economic theory
- Financial institutions/financial markets
Popular Career Choices
Graduates of a B.S. in Economics program can apply for entry-level jobs in numerous settings, such as non-profit organizations, private corporations, financial institutions and government. Some careers that graduates with a B.S. in Economics may qualify for include:
- Financial analyst
- Bank officer
- Purchasing agent
- Market research analyst
- Economic consultant
Employment Outlook and Salary Information
According to the U.S. Bureau of Labor Statistics (BLS), as of May 2015, financial analysts had a median salary of $80,310, economists made a median annual income of $99,180 and market research analysts had a median salary of $62,150. Financial analysts are expected to see 12% employment growth, while economists and market research analysts should have 6% and 19% growth, respectively.
Many students continue their studies in graduate programs by earning a master's or doctoral degree in economics. Master's students are often given more freedom to take classes that are relevant to their specific specialty within the economics field. Doctoral programs are research-intensive and prepare students for academic and research careers. Graduate degrees usually qualify individuals for more advanced and/or higher-paying positions within the job field. A B.S. in Economics also prepares students for graduate programs in law, business, international studies and other fields.
A Bachelor of Science in Economics gives students the necessary knowledge in math, business and economics to work as financial analysts, economists or market research analysts. Graduates can expect positive job growth and have the option to pursue graduate degrees to specialize in different areas of the field.