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Economics

Economists play a vital role in society, government and business in studying and predicting responses to changes in policy and market fluctuations – a significant skill in today’s challenging business landscape. From reviewing how corporations and businesses allocate resources, to advising government officials on economic issues and developing public policies, economists play an essential role in global business operations. 

Poole College offers both a Bachelor of Arts (B.A.) in Economics and a Bachelor of Science (B.S.) in Economics

All economics students complete core courses in microeconomics and macroeconomics, as well as specialized elective courses in labor economics, industrial organization, game theory, international economics, econometrics and finance. Poole’s undergraduate economics program gives students the quantitative tools and critical thinking skills that prepare them for post-graduate study or careers in business, finance, government, public policy and more.

One of the best reasons to major in economics at NC State is the strong connection we have with firms in the ever-growing Raleigh business community and Research Triangle Park, in addition to local and state-level government offices and agencies.

Nowel Andy

Andy Nowell

Senior Lecturer in Economics and Director of Undergraduate Programs in Economics

What Will I Learn?

Economics graduates will understand how to:

  • Organize, analyze and apply information to make business decisions.
  • Recognize ways in which different economic and cultural environments affect business activities.
  • Analyze how consumers and firms interact in free markets and government-regulated markets to determine prices and quantities. exchanged with goods and services.
  • Measure how changes in variables such as price and income affect the behavior of buyers and sellers. 
  • Evaluate an economy’s performance using indicators that include measures of output, inflation and unemployment.
  • Identify company business strategies and explain the business risks associated with those strategies.
  • Use emerging tools and technology to organize, interpret and analyze data and to communicate information to stakeholders.

Why Economics at NC State

What sets NC State’s economics major apart is the training in analytical methods, and focus on economic theory and business skills, to provide students opportunities in many career paths. The quantitative and critical thinking skills acquired in our program lead to careers in areas such as banking and financial services, consulting, management, local, state and federal government – in addition to preparing for graduate programs in economics, business administration and law.

We are the only program in Poole College to offer both a B.A. and B.S. degree – to best fit the needs of our students. As our faculty are highly engaged in economic research, they are able to challenge our students in the classroom with determining solutions to the many interesting and difficult economic issues we face within the business environment and broader economy.

The B.S. in Economics has a focus on critical thinking, data analysis and a broad understanding of the global economic system. Its curriculum incorporates economic theory and application with rigorous courses in econometrics, mathematics, statistics and quantitative techniques – preparing students with the skills to make crucial decisions in today’s ever-changing business environment.

The B.A. in Economics offers students a solid foundation in the quantitative knowledge of economics, with challenging courses in accounting and business applications. The program curriculum incorporates economic theory and business skills with courses in mathematics, foreign language and business processes – preparing students to manage change and address social challenges in organizations around the globe.

One of the best reasons to major in economics at NC State is the strong connection we have with firms in the ever-growing Raleigh business community and Research Triangle Park, in addition to local and state-level government offices and agencies. Our career coaches are heavily networked with our employers and work tirelessly with our students to help them find meaningful internship opportunities to complement their academic interests, in addition to helping them secure meaningful employment opportunities upon graduation.

Curriculum Overview and Degree Requirements

Students start their time at NC State Poole College of Management as either a management first year student (if you are a freshman) or in a major (if you are a transfer student). Regardless of your path, you will have plenty of time to explore the different things you want to do in business and economics.

The economics major requires students to complete 120 credits towards the degree, comprised of courses in humanities and social sciences, mathematics, natural sciences, general electives, and credits specific to the economics program.

B.S. Economics major requirements include 30 credits:

  • Economics requirements (18 credits), including EC 301 Intermediate Microeconomics, EC302 Intermediate Macroeconomics, EC 351 Econometrics I and EC 451 Econometrics II.
  • Economics electives (12 credits), including EC 431 Labor Economics, EC 449 International Finance and EC 468 Game Theory.

B.A. Economics major requirements include 30 credits:

  • Economics requirements (22 credits), including EC 301 Intermediate Microeconomics, EC 302 Macroeconomics, ACC 210 Concepts of Financial Reporting and MIE 201 Intro to Business Processes. 
  • Economics electives (15 credits), including EC 431 Labor Economics, EC 449 International Finance and EC 468 Game Theory. 

For full degree requirements, visit the NC State Catalog. To view individual courses, descriptions and schedules, use the Course Search.

Career Opportunities

Many students are drawn to careers in economics because the quantitative and critical thinking skills acquired as an economics major lead to professional opportunities in a wide array of business industries. 

The U.S. Bureau of Labor Statistics predicts the employment of economists is projected to grow 13% from 2020 to 2030 – and approximately 1,600 job openings are projected each year, over the decade. 

Careers include:

  • Business development service agent
  • Business technology analyst
  • Corporate banking analyst
  • Customer and product support specialist
  • Data analyst
  • Data management specialist
  • Financial advisor
  • Financial analyst
  • Human resources coordinator
  • Investments analyst
  • Sales Specialist
  • Technical sales representative
  • … and more!

Launch your career –– the Career Center at Poole is here to support you. #PoolePackAlum

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