Analytical Economics Major B.S.

Student in Economics Public Policy Class
Analytical Economics Major B.S.

The B.S. in Analytical Economics is designed to help you thrive in the world of big data. It emphasizes the three main areas of knowledge you are going to need: economic theory, statistics and data analytics. Our program is distinct in that other schools typically focus only on statistics and computer science. We provide a balance of technical skills and economic reasoning. As Steve Levitt, economist and author of Freakonomics points out, "Big data alone are not enough, you need to understand human behavior and incentives."

Program Overview

What is analytical economics?

The Bachelor of Science (B.S.) in Analytical Economics differs from the Bachelor of Arts (B.A) in Economics in that it requires more quantitative and data analysis courses, but does not require a foreign language. It emphasizes the predictive and prescriptive modeling skills that are in high demand in today's labor market. Prescriptive modeling is quantitative and strategic decision analysis geared toward corporate decisions. Predictive modeling emphasizes data analysis skills used to develop the information needed to make these decisions.

Why study analytical economics at UNH?

Today’s economic and business world is all about big data. The B.S. in Analytical Economics is designed to help you thrive in this world. It emphasizes the three main areas of knowledge that you are going to need: economic theory, statistics, and data analytics. The analytics major at other schools typically focuses on statistics and computer science. But, as economist and business consultant Steve Levitt (author of "Freakonomics") recently pointed out, “Big Data alone are not enough, you need to understand human behavior and incentives for most of the applications.” The analytical economics major provides this balance of technical skills and economic reasoning. With this interdisciplinary background, you will understand how to tackle many of the economic and big data problems facing today’s businesses and other organizations. This is the background that today’s competitive job market rewards highly.

Potential careers

  • Actuarial analyst
  • Demographic analyst
  • Economic analyst
  • Financial analyst
  • Intelligence analyst
  • Market research analyst
  • Operations analyst
  • Regulatory analyst
  • Supply chain analyst
  • Workforce analyst

Contact

  • Economics and Finance Double Major
    I honestly expected to be worked to the bone, not respected, and not trusted. It’s the way I’ve heard big bank culture is. But I was immediately proven wrong. The team was extremely welcoming to me on the first day, we would go out together after work on occasion, and I had way more face time with...
    Economics and Finance Double Major
    I honestly expected to be worked to the bone, not respected, and not trusted. It’s the way I’ve heard big bank culture is. But I was immediately proven wrong. The team was extremely welcoming to me on the first day, we would go out together after work on occasion, and I had way more face time with...

Curriculum & Requirements

B.S. in Analytical Economics emphasizes the predictive and prescriptive modeling skills that are in high demand in today's labor market. Prescriptive modeling is quantitative and strategic decision analysis geared toward corporate decisions. Predictive modeling emphasizes data analysis skills used to develop the information needed to make these decisions.

B.S. analytical economics majors must complete ten courses in economics with a grade of at least a C- (1.67) in each Paul College major course and an average grade of 2.3 or better in the major courses. In addition, majors must complete MATH 424A and ADMN 403, ADMN 410, ADMN 420, and an ethics course (PHIL 431 or equivalent). ECON 775 is the capstone course for the B.S. major and satisfies the capstone requirement of the University Discovery Program. 

B.S. analytical economics majors must complete ten courses in economics with a grade of at least C- (1.67) in each course and an average grade of 2.3 or better in Paul College major courses.

B.S. in Analytical Economics degree requirements:

ECON 401Principles of Economics (Macro)4
ECON 402Principles of Economics (Micro)4
ADMN 403Computing Essentials for Business1
PAUL 405Freshman Academic Experience I1
PAUL 406Freshman Academic Experience II1
MATH 424ACalculus for Social Sciences4
ADMN 410Management Information Systems4
ADMN 420Business Statistics4
PHIL 431Business Ethics4
ECON 565Predictive Modeling: Data Driven Economic Analysis4
ECON 606Intermediate Microeconomics with Calculus 14
ECON 611Intermediate Macroeconomic Analysis 14
ECON 726Introduction to Econometrics4
ECON 727Advanced Econometrics 24
ECON 775Applied Research Skills for Economists 34
At least two (2) Economics electives8
Total Credits59

Students may petition to substitute one business administration course for an economics elective if the course is at the 600 level or above and if a grade of C- or better is earned. Students may earn no more than 16 credits in internships, independent studies, field experience, and supervised student teaching experience. All Analytical Economics majors must satisfy the bachelor of science degree requirements, and all Discovery Program requirements. Students satisfy the Inquiry requirement of the Discovery Program before the end of their sophomore year by completing an Inquiry or Inquiry-attribute course within the Paul College, or another course offered by another college at the University.

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