In your world, timeless economic questions of pricing, incentives, resource allocation and market/consumer behavior will seek better answers using raw computing power, machine learning, advanced statistics and data analytic methods.
In the past, economic research relied heavily on theory and simulations. The center of gravity for economists has shifted away from theoretical models to lab-based and natural experiments, fueled by varying sets of real-world customer and market data.
What You Will Do
Historically, economists tracked and studied global and national macroeconomic trends — recessions, currency exchange rates — either to help a business better position itself for long run success or to help large financial institutions and government agencies intervene appropriately during challenges and crises.
In the data age, as the pace of both business and behavioral change quickens, economists focus on smaller trends across shorter time frames.
While tech giants like Google, Facebook and Amazon capture most of the attention, as an economist you might work in teams using data to innovate across a range of settings: law firms, government agencies, national and regional banks, or non-profits.
Economics draws on important liberal arts frameworks — history, philosophy, mathematics — to address questions in diverse topics in business ( e.g. tax rates) and in such non-traditional areas as:
Although the Economics program from John Carroll University does not provide the same level of specific training as accountancy or finance, it provides the logical structure that pays off in understanding the big picture — a very solid grounding for fast growing fields.
The emphasis that an economic mindset places on logical thought and problem solving skills has universal value. Employers in banking and other financial institutions, technology, science, consulting firms, government service, and many others seek graduates with these skills.
Many emerging jobs that economics majors pursue rarely have “economist” in the job description or title. You might explore business analytics or data science opportunities, knowing that the former may require broader knowledge of psychology, political science or anthropology while the latter will require more statistics, math and programing skills.
You can apply until:
Always verify the dates on the programme website.
The new “ordinary” business life is more global and extraordinary, you will need a broad understanding and specific skills to keep pace. The Boler Bachelor of Science in Economics combines the best of the liberal arts tradition with exposure to specific business skills. Your core courses will emphasize an ability to think critically, communicate orally, write, and solve problems as well as perform quantitative analysis.
The Bachelor of Science in Economics curriculum will challenge you to understand more detailed topics:
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.Schedule IELTS
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. Read more about TOEFL iBT ®.Schedule TOEFL®
Minimum required score:
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®
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.
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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