Analytical Economics Major (B.S.)

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

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?

Analytical Economics is a way of studying and understanding how the economy works using numbers, data, and math. It helps answer questions like why prices change, how people’s and organization’s choices affect the economy, and how policies impact different groups. By analyzing data and using mathematical models, we can make predictions and find solutions to economic problems. It 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.  

WHY STUDY ANALYTICAL ECONOMICS AT UNH?

The B.S. in Analytical Economics major at UNH is designed to help you thrive in a “big data” world. It emphasizes three areas of knowledge: economic theory, statistics, and data analytics. Unlike many schools that focus on statistics and computer science only, UNH’s analytical economics major balances technical skills and economic reasoning necessary to understand human and organizational behavior. With this interdisciplinary background, you will understand how to tackle economic and big data problems facing today’s businesses and organizations, a skillset highly valued and rewarded in today’s competitive job market. 4+1 option: As an undergraduate student you can complete prerequisites giving you a jump-start on a UNH master's in economics. 

Potential careers

  • Actuarial analyst
  • Demographic analyst
  • Economic analyst
  • Financial analyst
  • Intelligence analyst
  • Market research analyst
  • Operations analyst
  • Regulatory analyst
  • Supply chain analyst
  • Workforce analyst
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    The Artifex Business Analytics Club is an experiential learning opportunity in Business Analytics focusing on data visualization, statistical modeling, and data-driven decision making. 
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  • Laura Earle sits outside on campus, hand in her hair, laughing.
    Day in the Life
    My major is like a puzzle that never gets boring.
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    Slice of Life
    I wouldn't trade UNH for the world. I'm living my dream.
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  • Diego Smith tosses his graduation cap into the air in celebration in front of thompson hall.
    Analytical Economics Major | New Zealand
    "My time at Paul College has given me passion. And the opportunity to understand more about myself, what makes me happy, and what my weaknesses are."
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  • A female student sits in Paul College's outdoor courtyard, smiling at the camera.
    Analytical Economics and Sports Studies Double Major with a Business Administration Minor
    Sadie Mazzola '21 is from Rye, New York and pursuing an Analytical Economics and Sports Studies Double Major with a Business Administration Minor. She is a member of the Paul Rutman Leadership Fellows, a Paul Scholar, sister in Kappa Delta sorority, is part of the Order of Omega, and currently works for UNH Global as a global ambassador.
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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.

Degree Requirements

Minimum Credit Requirement: 128 credits
Minimum Residency Requirement: 32 credits must be taken at UNH
Minimum GPA: 2.0 required for conferral*
Core Curriculum Required: Discovery & Writing Program Requirements
Foreign Language Requirement: No

All Major, Option and Elective Requirements as indicated.
*Major GPA requirements as indicated.

Major Requirements

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.

ECON 401Principles of Economics (Macro)4
ECON 402Principles of Economics (Micro)4
ECON 501Business and Economic History4
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 510Business 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
Electives:
At least two (2) Economics electives8
Capstone:
ECON 775Applied Research Skills for Economists 34
Total Credits63
1

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.

2

 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.

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