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Economics, B.Sc.

  • Application Deadline
  • Unknown
    Duration
, OH,
Today, the students of the Economics program from John Carroll University find themselves in a new golden age of data exploration. Increasingly, high tech businesses, think tanks, policy makers, and businesses in every sector recognize the value that people trained to see and think through the broad lens of economics bring to an increasingly data-rich world.

About

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.

  • Do supply chain efficiencies improve a hybrid car maker’s profits?
  • Will changes in insurance rules and procedures impact health care labor markets?
  • Are default rates lower for consumers who secure a mortgage through an on-line app?
  • What causes someone to begin to book online travel, but then procrastinate?

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:

  • marriage and child-rearing
  • criminal behavior
  • social justice and discrimination
  • sustainability and ethics

Job Outlook

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.

Detailed Programme Facts

  • Programme intensity Full-time
  • Credits
    61 alternative credits

    61-67

  • Languages
    • English
  • Delivery mode
    On Campus

Programme Structure

Course Overview:

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:

  • microeconomic and macroeconomic theory
  • market failure
  • domestic and global economic diversity
  • economic dimensions of individual, firm, and social problems

English Language Requirements

  • Minimum required score:

    6.5

    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:

    79

    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:

    550

    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®

General Requirements

  • All first-year undergraduate applicants must apply online using The Common Application and complete the full application with personal essay.
  • There is no application fee for John Carroll associated with The Common Application. The essay is part of The Common Application form and is not a separate requirement.
  • Official high school transcripts.
  • Copies/scanned emails from a school official will be accepted if they are original certified copies and scanned in color. 
  • Common Application School Report and/or Common Application Counselor Recommendation, including grading scale.
  • Official test results

Tuition Fee

  • International

    41230 USD/year
    Tuition Fee
    Based on the original amount of 41230 USD per year and a duration of .
  • National

    41230 USD/year
    Tuition Fee
    Based on the original amount of 41230 USD per year and a duration of .
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for University Heights

  • 1099 - 1820 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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