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Economics Degree – Bachelor of Science (BS)

How can we help more people prosper? How do we evaluate tradeoffs? How do we consider all values, both market and non-market, in policy decisions? Why do oil prices fluctuate? Why does the Federal Reserve raise or lower interest rates? How much land should be conserved for ecosystem service production? Why do some countries face entrenched poverty while others experience rapid growth?

Studying economics teaches you to ask and answer these types of hard questions.

What is Economics?

It’s tempting to think economics is just the study of money. But it’s much broader than that. Economics looks at how we create economic value through trade, manage time and other scarce resources, build wealth, make informed decisions and influence behavior—issues that affect everyone on the planet.

For example, economic policies can improve local health, protect the environment and make it easier for students to afford college. Economic analysis helps companies better understand market forces, assists nations in predicting the outcomes of new initiatives and enables people to make appropriate financial and planning decisions.

Why study econ? Because the world needs more people who can think strategically, who can leverage data into great decisions and who can conduct unbiased policy analysis on the challenges facing us all including prosperity, poverty, trade, equality, energy and climate change.

Plus, economics is a great major for employment-ready graduates—students interested in higher salaries and analytical jobs in fields such as the environment, health, nonprofits, poverty and social welfare. It’s also excellent preparation for graduate work in law, political science, business and economics; UW graduates are routinely accepted into top graduate programs in the country.

Quick Facts

Degree Type: Bachelor of Science (B.S.)

Concentrations:

  • Quantitative
  • Policy

Specific areas of focus

  • Environmental Economics
  • Resource Economics
  • Energy Economics
  • Behavioral Economics
  • Development Economics

Resident Tuition: $134/credit hour

Non-resident Tuition: $537/credit hour

Department of Economics

Top 25% IDEAS continues to rank UW’s Department of Economics among the world’s top programs

Economics Bachelor’s Degree Program Highlights

When you choose to study economics at UW, you will engage with some of the nation’s best economists, whose work informs policy in Wyoming and all over the world. IDEAS lists the University of Wyoming among the top 10 percent of institutions in environmental economics. Our “principles” courses in economics are taught by faculty not graduate students, so you get the benefit of learning the fundamentals of the discipline from experienced teachers and scholars.

This highly flexible program gives you an outstanding foundation in economics, while also providing the flexibility to tailor the degree to your interests through studies in environmental economics, energy economics, resource economics, development economics and behavioral economics.

Here are some other reasons to consider majoring in economics at UW:

Summer Undergraduate Research in Economics (SURE). Take part in a 10-week program working one-on-one with faculty on a policy analysis research project. The mentoring and training you receive at SURE will prepare you to conduct your own research and provide the skills needed for your future career or graduate school.

Study abroad. Gain a broader understanding of the global economy, the differences among countries in economic institutions and policy and the roles culture and ecosystems in economic policy and trade play by studying internationally. UW faculty have relationships with schools all over the world in places like Chile, India, France, Germany, Tanzania, the U.K., Sweden and more. Plus, the University has one of the most generous study-abroad scholarship endowments in the country.

Internships. Obtain real-world experience and career insights by completing an internship. UW economics majors have interned at The Heritage Foundation, T. Rowe Price, the Laramie Depot Museum, Cheyenne Frontier Days, Atmos Energy and for U.S. Senator John Barrasso.

Wyoming Women in Economics Network (WWEN). Participate in networking events, job-search workshops and talks featuring prominent women in the field. WWEN also gives you the chance to find a professional mentor from among UW’s economics alumnae.

Student Economics and Business Organizations. Get involved on campus in the UW Economics Club and other College of Business organizations where you will learn more about potential careers and begin building a professional network.

What Can You Do With an Economics Bachelor’s Degree?

Studying economics at UW will help you acquire critical thinking and research skills you can parlay into careers in government, business and nonprofit organizations. As a STEM field, economics provides analytical tools that you can apply to a wide range of issues, decisions and settings. It also provides an excellent foundation for graduate study in business, economics, political science, public administration and law.

Economics Careers

UW economics graduates have gone on to careers with the following titles:

  • Director of Business Development
  • Senior Technical Recruiter
  • Senior Director, Strategic Government Relations & Economist
  • FP&A Manager
  • Director of Product Development
  • Assistant Vice President, Internal Wholesaler
  • Senior Manager
  • COO
  • Professor
  • Portfolio Manager/Securities Analyst
  • Energy Policy Advisor
  • President

Here are just a few of the places where University of Wyoming Economics alumni are working:

  • NFP Partners
  • Google
  • MultiState Associates Inc.
  • GiftCard Partners Inc.
  • Bonfils Blood Center
  • Black Creek Capital Markets
  • Alpha FMC
  • WealthSource Partners LLC
  • University of Wyoming
  • First Western Bank Trust
  • Thrivent Financial

UW Economics alumni have also pursued graduate degrees at Duke University, University of Illinois, University of Denver, the University of Montana School of Law, NYU Stern School of Business, University of Utah, Pepperdine Law, University of Wyoming and other institutions.

Amazing Stories from Economics Majors

“I have had so much support from the economics faculty to dream big and to seek answers and opportunities that led to me applying to jobs that I thought were too big of a reach.”

-Kirby Lawrence, B.S. in Economics and Statistics ’16, is a mathematical statistician for the U.S. Census Bureau.

Examples of Economics Degree Program Courses

These are just a few of the courses you might take as an economics major at the University of Wyoming:

  • Principles of Microeconomics
  • Principles of Macroeconomics
  • Viking Economics
  • Sports Economics
  • Oil: Business, Culture and Power
  • Economics of the Environment
  • Energy Markets and Policy
  • Game Theory
  • Natural Resource Economics
  • Experimental methods in Economics

View the full Bachelor of Science in Economics degree program curriculum.

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