Overview
Students in the University of Massachusetts Lowell Economics major develop a comprehensive understanding of the conceptual and analytical tools needed to make sense of real-world events, as well as the technical abilities needed to be successful in a wide range of career paths and graduate studies.
Learning outcomes
- Identify the role of demand and supply in a market economy in allocating resources and generating the distribution of incomes to factors of production.
- Articulate the advantages of a market system and the role of prices in achieving allocational and productive efficiency.
- Identify the sources and consequences of “market failure.”
- Critically evaluate controversies about the appropriate scope of, and approaches to, government regulation in conditions of market failure.
- Critically evaluate controversies from an economic efficiency and distributional equity perspective over the use of government tax and transfer policies to redistribute income
- Critically evaluate controversies over attempts to use fiscal policy and/or central bank monetary policy to maintain aggregate growth consistent with full employment and inflation stability.
- Show competencies in interpreting economic data, critically evaluating empirical claims in economics and drawing appropriate inferences from economic studies.
- Effectively demonstrate their ability to apply economic theory to the framing and analysis of economic problems using graphs, algebra, and quantitative statistical methods.
- Demonstrate knowledge of relevant historic data and empirical findings in at least one of the content areas listed in outcomes 4-6.
Programme Structure
Courses include:
- The Economics of Social Issues
- Microeconomics
- Macroeconomics
- Statistics for Business and Economics
- Labor Economics
Key information
Duration
- Full-time
- 48 months
Start dates & application deadlines
- Starting
- Apply before , International
-
- Starting
- Apply before , International
- Apply before , National
-
Language
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Credits
Delivered
Campus Location
- Lowell, United States
Disciplines
Economics View 1478 other Bachelors in Economics in United StatesWhat students do after studying
Academic requirements
English requirements
Prepare for Your English Test
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
- A completed application for a daytime, on-campus program.
- You are considered a first-year student if you have not taken any post-secondary/college coursework. Your application should include your high school or secondary school records, including results from culminating or leaving examinations.
- The Office of Undergraduate Admissions only accepts official high school records, leaving certificates, and or graduation examination results or their notarized copies. All documents in foreign languages must be professionally translated and notarized. We only accept official transcripts sent directly from the school or a Ministry of Education.
- Test of English as a Foreign Language (TOEFL), IELTS, Duolingo, ASC English or Pearson exam results.
Tuition Fees
-
International Applies to you
Applies to youNon-residents36610 USD / year≈ 36610 USD / year - Out-of-State36610 USD / year≈ 36610 USD / year
-
Domestic
Applies to youIn-State16814 USD / year≈ 16814 USD / year
Living costs
Lowell
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.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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