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Richard England
PROFESSOR EMERITUS -
Stacy Hokinson
Administrative Assistant III -
Andrew Houtenville
Center Director, CMDRProfessor of Economics and Research Director of the Institute on Disability -
Neil Niman
Associate Professor/Fac Dir of BIPAssociate Professor of Economics, Faculty Director of Business in Practice
Analytical Economics Major (B.S.)
Analytical Economics Major (B.S.)

Learn how to thrive in a world that is increasingly influenced by big data and machine learning. This program combines strong foundations in economic theory with advanced data analysis techniques. Utilize theory alongside data to understand the true costs and benefits in any decision-making scenario. Master the business industry’s dominant programming language for both econometric analysis and machine learning. With this degree you will be ready for careers in business, finance, and consulting in an AI-dominated world.
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 major 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
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 eleven 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 510, and an ethics course (PHIL 431 Business Ethics 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:
Code | Title | Credits |
---|---|---|
ECON 401 | Principles of Economics (Macro) | 4 |
ECON 402 | Principles of Economics (Micro) | 4 |
ECON 501 | Business and Economic History | 4 |
ADMN 403 | Computing Essentials for Business | 1 |
PAUL 405 | Freshman Academic Experience I | 1 |
PAUL 406 | Freshman Academic Experience II | 1 |
MATH 424A | Calculus for Social Sciences | 4 |
ADMN 410 | Management Information Systems | 4 |
ADMN 510 | Business Statistics | 4 |
PHIL 431 | Business Ethics | 4 |
ECON 565 | Predictive Modeling: Data Driven Economic Analysis | 4 |
ECON 606 | Intermediate Microeconomics with Calculus 1 | 4 |
ECON 611 | Intermediate Macroeconomic Analysis 1 | 4 |
ECON 726 | Introduction to Econometrics | 4 |
ECON 727 | Advanced Econometrics 2 | 4 |
Electives: | ||
At least two (2) Economics electives | 8 | |
Capstone: | ||
ECON 775 | Applied Research Skills for Economists 3 | 4 |
Total Credits | 63 |
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Major credit toward ECON 606 Intermediate Microeconomics with Calculus and/or ECON 611 Intermediate Macroeconomic Analysis will be awarded to transfer students only if equivalent courses have been taken at the upper level. Transfer students must take at least five of their economics courses at UNH. All economics-related courses taken at other institutions must be approved by the economics department in order for them to count toward the major.
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Or other Department approved quantitative course
- 3
ECON 775 Applied Research Skills for Economists is the capstone course for the B.S. major and satisfies the capstone requirement of the University Discovery Program.
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.
- Students have core proficiency in microeconomics. They understand key concepts including opportunity cost, marginal analysis, voluntary exchange, diminishing marginal returns, equilibrium and market structure.
- Students have core proficiency in macroeconomics. They understand key concepts including GDP, inflation, interest rates, business cycles, exchange rates, financial institutions and fiscal and monetary policy.
- Students have strong oral communication skills. This includes fundamental skills in preparing and delivering presentations, as well as being able to explain technical material clearly and concisely.
- Students are able to apply a statistical model to an economic question and interpret the results.
- Students are proficient in applying a programming language to statistical analysis.