Bachelor of Science in Applied Economics

The Bachelor of Science in Applied Economics at the University of North Dakota offers students a comprehensive education in economic theory and its real-world applications. Designed for those interested in understanding how economic principles influence individual, business, and government decision-making, this program prepares graduates for diverse career opportunities across various sectors such as finance, government, consulting, and research. Students will delve into core topics including microeconomics, macroeconomics, econometrics, and quantitative analysis, gaining vital skills to analyze economic data, interpret market trends, and develop strategic solutions. The curriculum emphasizes practical, hands-on learning through case studies, projects, and internships, allowing students to apply theoretical knowledge to actual economic issues faced by organizations and policymakers. Moreover, students have opportunities to specialize or tailor their studies with elective courses in areas like international economics, public policy, or environmental economics. The program also fosters critical thinking, problem-solving, and effective communication skills, essential for leadership roles in economics-related fields. Faculty members are dedicated to providing personalized support and mentorship, helping students succeed academically and professionally. Upon graduation, students will possess a solid foundation in economic analysis, quantitative methods, and data interpretation, enabling them to contribute meaningfully to economic research, policy analysis, or business strategy. The Bachelor of Science in Applied Economics at the University of North Dakota prepares graduates to navigate complex economic environments and make informed decisions that impact local, national, and global economies, opening pathways to rewarding careers and advanced studies.

The Bachelor of Science in Applied Economics at the University of North Dakota offers students a comprehensive program designed to develop a strong understanding of economic principles and their practical applications in real-world scenarios. This degree program prepares graduates for diverse career opportunities in industries such as finance, government, consulting, and business management, by equipping them with analytical skills, economic modeling techniques, and critical thinking abilities. The curriculum combines core economic theory courses with specialized classes in applied areas such as agricultural economics, environmental economics, and data analysis, ensuring students can tailor their education to align with their career goals and interests.

Throughout the program, students engage in a rigorous study of microeconomics and macroeconomics, learning to analyze market behaviors, evaluate economic policies, and understand global economic systems. They also gain proficiency in quantitative methods, including statistics, econometrics, and data analysis, which are essential for conducting research and making data-driven decisions. Emphasis is placed on developing real-world problem-solving skills through case studies, internships, and research projects, providing practical experience and professional readiness.

The Applied Economics program at UND also emphasizes the importance of ethical considerations and sustainable economic practices. Students are encouraged to think critically about the social, environmental, and economic impacts of policy decisions and business strategies. The curriculum fosters a multidisciplinary approach, integrating insights from finance, management, and policy analysis to prepare students for leadership roles that require both technical expertise and strategic thinking.

In addition to classroom learning, students have access to state-of-the-art facilities, including economic research labs and software tools for data analysis. The program also offers opportunities for interdisciplinary collaboration and participation in seminars, workshops, and conferences, broadening students’ perspectives and professional networks. Graduates of the Applied Economics program are well-equipped for careers in economic analysis, policy development, research, and consultancy, or they may choose to pursue advanced degrees in economics, business, or public policy.

Overall, the Bachelor of Science in Applied Economics at UND provides a thorough and practical education that bridges academic knowledge with industry requirements, preparing students for successful careers in a dynamic economic environment.

Program requirements for the Bachelor of Science in Applied Economics at the University of North Dakota include completion of core courses in economics, mathematics, and statistics. Students must register for foundational courses such as Principles of Microeconomics and Principles of Macroeconomics to develop a solid understanding of economic principles. To build quantitative skills, enrollment in courses like College Algebra or Calculus is mandatory. The program also requires students to take courses in economic modeling, data analysis, and research methods to enhance analytical competencies.

Students are expected to complete a sequence of intermediate and advanced economics courses that cover topics such as urban and regional economics, environmental economics, international economics, and health economics. Additionally, courses focusing on economic policy, labor economics, and public finance are integral components of the curriculum. To support practical skills development, students must engage in coursework involving computer applications relevant to economics, such as statistical software and data visualization tools.

The program emphasizes experiential learning through projects, case studies, and possibly internships with government agencies, businesses, or research organizations. To ensure a comprehensive education, students also undertake coursework in related fields such as business, finance, and management. In some cases, students may be required to complete a capstone project or thesis demonstrating their ability to analyze real-world economic issues.

Elective courses allow students to specialize in areas like regional development, international trade, or economic forecasting. To fulfill graduation requirements, students must accumulate a specified number of credit hours, typically around 120 semester hours, including general education, major, and elective courses. All students must adhere to university policies regarding academic standing, course prerequisites, and registration procedures. While specific GPA requirements are not publicly detailed, maintaining satisfactory academic progress is essential for program completion.

The University of North Dakota offers a range of financing options for students enrolled in the Applied Economics program. Students are encouraged to explore various sources of financial support to help offset the costs associated with their studies. University scholarships and merit-based awards are available based on academic achievement, leadership, and community involvement. Additionally, need-based financial aid is accessible for eligible students through the Federal Pell Grant, which provides funds to undergraduate students with demonstrated financial need, and the Minnesota State Grant, available for students from Minnesota, facilitating affordability across border states. The university participates in federal work-study programs, allowing students to earn money by working part-time on campus, which helps develop professional experience while supporting their finances. Many students also secure federal student loans, including Direct Subsidized and Unsubsidized Loans, which offer favorable interest rates and flexible repayment options. Private loans from financial institutions are another option for students seeking additional funding. The university's financial aid office provides comprehensive counseling to help students understand the application process and select the most suitable form of assistance. Apart from traditional financial aid, students are also encouraged to seek external scholarships, grants, and fellowships offered by private organizations, industry associations, and government agencies. UND's financial support programs are designed to make higher education accessible and affordable, ensuring that students in the Applied Economics program can focus on their academic goals without undue financial burden. The university also offers payment plans that allow students to distribute tuition payments across the semester for greater flexibility. For international students, specific scholarship opportunities and financial guidance are available to support their educational pursuits. Overall, the University of North Dakota is dedicated to assisting students in financing their education through a combination of institutional aid, state and federal programs, external funding sources, and flexible payment options, ensuring that financial concerns do not hinder academic success in the Applied Economics program.

The Bachelor of Science in Applied Economics at the University of North Dakota provides students with a comprehensive understanding of economic principles and their practical applications in various industries and sectors. This program emphasizes quantitative analysis, critical thinking, and problem-solving skills necessary to interpret economic data and develop effective strategies. Students are trained in economic theory, econometrics, and data analysis, equipping them to address complex real-world economic issues. The curriculum covers core areas such as microeconomics, macroeconomics, business economics, and policy analysis, alongside specialized courses in agricultural economics, finance, and international economics. The program also offers opportunities for internships, research projects, and collaborations with industry partners, enabling students to gain hands-on experience and build professional networks. Graduates of the Applied Economics program are prepared for careers in government agencies, financial institutions, consulting firms, and private enterprises, where they can contribute to policy development, economic forecasting, and strategic planning. The faculty members are experts in their fields, committed to providing high-quality education and research mentorship. The program also emphasizes ethical considerations and sustainability, preparing students to make responsible economic decisions that benefit society. Overall, the Applied Economics degree at UND aims to develop versatile professionals capable of analyzing and addressing the economic challenges faced by society today.