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Economics, Bachelor

  • Application Deadline
  • 48 months
    Duration

About

Economics is the social science that deals with problems of choice and decision making. It does so through a systematic and logical framework for analyzing how society and individuals solve such problems as what goods and services to produce, how to organize production and for whom goods and services are to be produced. 

Knowledge of economics is necessary for understanding and dealing intelligently with topics such as domestic and global economic development, environmental and natural resource management, renewable energy policy, international trade, government finance, and market failure.

Economics courses are taken by students in all colleges on campus, so classes provide an opportunity to broaden one’s understanding through interaction with other students.

The Economics program has a long tradition at North Dakota State University.

The Department offers two tracks of economics for all economics majors: a general economics track and a quantitative economics track. The general economics track offers students more flexibility in terms of economics field course selection – 15 credits of economics electives, three credits of which may be in agricultural economics, finance, or business administration. 

The quantitative economics track is designed for students who desire to pursue a graduate degree in economics after college, or for students who desire a quantitative approach to economics. Students with strong quantitative and/or statistical backgrounds are highly encouraged to select the quantitative economics track.

During the freshman and sophomore years, the program requires basic college courses such as English, mathematics, science, communication and information technology. The introduction to economics includes microeconomics, the study of relative prices and the consequences of different market forms, macroeconomics, the study of such topics as the general level of prices, employment and output, and international economics.

Economics majors take a one-year sequence in intermediate economic theory. Students enhance their ability to explain and use fundamental microeconomics and macroeconomics concepts and are further exposed to relationships between governments and markets. These concepts and relationships establish the foundation a student needs to deal with current economic issues.

Economics students take elective courses to develop areas of emphasis such as monetary economics, international economics, labor, industrial organization, public finance, natural resource, and environmental economics. 

The historical development of economic ideas receives more attention in these economic electives. A major in economics also can be combined with a variety of minors and other majors and still be completed in four years. The concepts of economics can be applied to many fields. A minor in economics may be selected in combination with most other majors on campus, including business.

Career Opportunities

Graduates with degrees in economics are in high demand, with economics consistently being among the top five majors wanted by employers. Business, industry, government service and teaching are some of the possible areas of employment for the economist. The study of economics also provides excellent preparation for graduate education in areas such as business, economics, and law.

Detailed Programme Facts

  • More details: International students: 01 May deadline for the fall semester
  • Programme intensity Full-time
    • Full-time duration 48 months
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Skills for Academic Success 
  • Principles of Microeconomics
  • College Algebra
  • College Composition
  • Business Use of Computers
  • Mathematics for Business
  • Gen Ed Social & Behavioral Sciences
  • Gen Ed Wellness

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    71

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    525

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®
  • Minimum required score:

    6

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS

Academic Requirements

You need the following GPA score:

Required score: 2.75

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 2.75 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

Admission requirements:

  • The online application for admission
  • A nonrefundable application fee
  • Official academic records for all institutions attended and national exams taken
  • A copy of official financial documentation from a bank official or sponsoring government, showing available funds equivalent to estimated annual costs for one year of attendance
  • A copy of your passport and other immigration documents, if applicable

Tuition Fee

  • International

    13925 USD/year
    Tuition Fee
    Based on the original amount of 13925 USD per year and a duration of 48 months.
  • National

    11936 USD/year
    Tuition Fee
    Based on the original amount of 11936 USD per year and a duration of 48 months.
  • In-State

    7957 USD/year
    Tuition Fee
    Based on the original amount of 7957 USD per year and a duration of 48 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Fargo

  • 870 - 1260 USD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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