With an online bachelor’s degree in economics, you are at the forefront of today’s global economy. As a student, you will discover the advanced principles of supply and demand and how they work in a complex market. This knowledge helps businesses to understand consumer choices and improve their bottom line. When graduates of online undergraduate courses in economics study the nuances behind the business and consumer decisions, they acquire skills essential to any organization or business. Graduates can become economists, financial analysts, personal financial advisers and statisticians, jobs that are expected to increase over the next six years, according to the US Bureau of Labor Statistics. The United States The National Association of Universities and Employers also shows that professionals with a bachelor’s degree in economics have exceeded the average starting salary for most occupations.

Choose a program

Choosing the right program depends on the individual interests and circumstances of the student. First, it is important to differentiate between a bachelor’s degree in economics and a bachelor’s degree in science and which programs offer one or both degrees. A bachelor’s degree in economics has a strong quantitative focus and deals with the mathematics and statistics that support economic behavior. A Bachelor of Arts will focus more on the qualitative analysis of general economic, behavioral and social phenomena.

In addition to general education courses, programs generally require students to take a number of basic economics courses in subjects such as microeconomics, macroeconomics, statistics, and finance. Students can also customize their degree by choosing from sub-fields such as accounting, economics or public affairs, as well as selecting a number of advanced and elective courses, including econometrics, political economy and economic history.

However, a lot depends on the individual requirements of each online program. Students may need to find the right balance between core classes and specific classes in the program. Some programs are also more generous with transfer credits than others, and the cost of the program is always a critical consideration for potential students. In addition, many universities charge different fees for a resident and non-resident tuition for online and on-campus courses.

What can I expect from an online bachelor’s degree in economics?

Each online economic program is unique, although most share certain common characteristics. The business field is vast and cuts across a number of interdependent disciplines. Some economic programs emphasize the entrepreneurial dimension of the field, while others consider the economy as a social science. Prospective students should carefully consider these differences when choosing an online program.