Overview

Economics is the study of how individuals, firms, and governments allocate their scarce resources. This major is designed for those who seek a broad understanding of the operation of the economic system and training in the methods and uses of economic analysis. Graduates of the Economics (Liberal Arts) from Pennsylvania State University are equipped for employment in many areas of business operations, banking, risk assessment, and agencies of government at all levels; and to undertake the graduate work necessary to become professional economists.

Careers

In the corporate sector, economics majors help managers and decisionmakers understand the impact of economic conditions on their businesses. Economics majors analyze issues such as prices and consumer demand, which helps businesses to maximize profit.

In the public sector, economics majors can be found at the federal level as well as at the state and local levels of government. Economics graduates collect and analyze data on employment, prices, productivity, wages, and many other types of data. They also help project revenues and spending needs that help policymakers understand the impact of laws and regulations. Some economics graduates are employed in international agencies, research firms, think tanks, and other nonprofit organizations.

Programme Structure

Courses include:

Microeconomic Analysis and Policy Keystone/General Education Course
Macroeconomic Analysis and Policy Keystone/General Education Course
Statistical Foundations for Econometrics Keystone/General Education Course
Intermediate Microeconomic Analysis Keystone/General Education Course
Intermediate Macroeconomic Analysis

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2027-01-11 00:00:00
- Apply before 2026-10-01 00:00:00 , International
- Apply before 2026-12-01 00:00:00 , National
Starting 2027-08-24 00:00:00
- Apply before 2027-06-15 00:00:00 , International

More details

After November 1, Penn State reviews applications on a rolling basis; International students: check university website for final admission deadline

Language

English

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120

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IELTS

6.5

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Credits

120 SCH

Delivered

On Campus

Campus Location

University Park, United States
University Park, United States

Disciplines

Economics View 1477 other Bachelors in Economics in United States

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

Duolingo English Test

120

Take A Free Practice Test!

TOEFL^® IBT

Schedule TOEFL®

IELTS

6.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Online Application via MyPennState or the Common App
Academic Record – the Self-Reported Academic Record (SRAR) for all applicants except those in the South Korean educational system, must submit official transcripts from their last three years of work
Official SAT or ACT scores, should you wish to include them
Proof of English Language Proficiency

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

43290 USD / year

≈ 43290 USD / year
Out-of-State

41790 USD / year

≈ 41790 USD / year
Domestic

Applies to you

In-State

20644 USD / year

≈ 20644 USD / year

Living costs

University Park

United States

1000 - 1500 USD / month

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

Funding

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Scholarships Information

Below you will find Bachelor's scholarship opportunities for Economics (Liberal Arts).

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Careers

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Living costs

University Park

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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