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Economics, B.A. / B.Sc.

  • Application Deadline
  • 48 months
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What Is Economics?

Because of the economy's importance to the human condition, economic knowledge is useful in many fields, such as political science, sociology, anthropology, law, and history.

Economists study everything from ethics to elections and discrimination to drug dealing. Based on these studies, they develop theories that help us understand how actual economies work.

The breadth, practical relevance, and rigorous analytical training involved in the study of economics give students great flexibility in the choice of careers and graduate study.

What Do Economics Majors Do?

Majors of the Economics program of Loyola Marymount University learn about more than just math and money. Students learn how to analyze patterns in fluctuations in economic activity. They learn to use statistics and other tools. Majors also explore economic history, economic philosophies, and important economic institutions, such as the Federal Reserve System and The World Bank.

LMU offers a Bachelor of Science and a Bachelor of Arts in Economics. Economics majors desiring a second major in Business Administration can easily complete the requirements for both within four years. The degrees are good preparation for careers in business, government or the secondary classroom. They also prepare students for graduate study in business, law or economics.

Is This Major Right For You?

You might be a Economics major if you:

  • Are interested in business
  • Are interested in law, government, or finance
  • Enjoy problem solving
  • Enjoy analysis
  • Like math and statistics 

About Our Faculty

Our faculty members are respected scholars and researchers who hold degrees from top economics graduate programs, including those at Berkeley, Stanford, Purdue, and UCLA. Many have worked for institutions such as The World Bank. Our instructors are widely published in journals such as American Economic Review, Economic Journal, Journal of Economic Behavior and Organization, and International Journal of Game Theory.

Among the faculty are a number of noted experimental economists. LMU is home to an Experimental Economics Laboratory, which trains future business leaders to consider the social and ethical implications of their actions.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 48 months
  • Credits
    120 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Courses include:

  • Economics
  • Microeconomics
  • Macroeconomics
  • Statistics
  • Mathematical Analysis for Business
  • Calculus

English Language Requirements

  • Minimum required score:


    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.

  • Minimum required score:


    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.

General Requirements

  • Common Application and LMU Supplement
  • International students are not required to submit the SAT or ACT to complete their application to LMU
  • Provide Proof of English Proficiency
  • Submit Transcripts
  • Submit a letter of recommendation with your application

Tuition Fee

  • International

    52553 USD/year
    Tuition Fee
    Based on the original amount of 52553 USD per year and a duration of 48 months.
  • National

    52553 USD/year
    Tuition Fee
    Based on the original amount of 52553 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 Los Angeles

  • 1520 - 2570 USD/month
    Living Costs

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


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.


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