Analytical Economics Major (B.S.)
Program Overview
Analytical Economics Major (B.S.)
The 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
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.
Course List
| 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 Analytics and 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 |
Sample Degree Plan
This sample degree plan serves as a general guide; students collaborate with their academic advisor to develop a personalized degree plan to meet their academic goals and program requirements.
Plan of Study Grid
First Year
- Fall:
- ECON 401 or ECON 402 | Principles of Economics (Macro) or Principles of Economics (Micro) | 4
- ADMN 403 | Computing Essentials for Business | 1
- ADMN 410 | Management Information Systems | 4
- ECON 501 or ENGL 401 | Business and Economic History or First-Year Writing | 4
- MATH 424A | Calculus for Social Sciences | 4
- PAUL 405 | Freshman Academic Experience I | 1
- Total Credits | 18
- Spring:
- ECON 402 or ECON 401 | Principles of Economics (Micro) or Principles of Economics (Macro) | 4
- PHIL 431 | Business Ethics | 4
- ENGL 401 or ECON 501 | First-Year Writing or Business and Economic History | 4
- Discovery | 4
- PAUL 406 | Freshman Academic Experience II | 1
- Total Credits | 17
Second Year
- Fall:
- ECON 606 | Intermediate Microeconomics with Calculus | 4
- ADMN 510 | Business Analytics and Statistics | 4
- Discovery | 4
- Discovery | 4
- Total Credits | 16
- Spring:
- ECON 611 | Intermediate Macroeconomic Analysis | 4
- ECON 565 | Predictive Modeling: Data Driven Economic Analysis | 4
- Discovery | 4
- Discovery | 4
- Total Credits | 16
Third Year
- Fall:
- ECON 726 | Introduction to Econometrics | 4
- Economics Elective | 4
- Course selected in consultation with advisor | 4
- Course selected in consultation with advisor | 4
- Total Credits | 16
- Spring:
- ECON 727 | Advanced Econometrics | 4
- Course selected in consultation with advisor | 4
- Course selected in consultation with advisor | 4
- Course selected in consultation with advisor | 4
- Total Credits | 16
Fourth Year
- Fall:
- Economics Elective | 4
- Course selected in consultation with advisor | 4
- Course selected in consultation with advisor | 4
- Course selected in consultation with advisor | 4
- Total Credits | 16
- Spring:
- ECON 775 | Applied Research Skills for Economists | 4
- Course selected in consultation with advisor | 4
- Course selected in consultation with advisor | 4
- Course selected in consultation with advisor | 4
- Total Credits | 16
- Total Credits | 131
Program Learning Outcomes
- Students have core proficiency in microeconomics, understanding key concepts including opportunity cost, marginal analysis, voluntary exchange, diminishing marginal returns, equilibrium, and market structure.
- Students have core proficiency in macroeconomics, understanding key concepts including GDP, inflation, interest rates, business cycles, exchange rates, financial institutions, and fiscal and monetary policy.
- Students have strong oral communication skills, including 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.
