Applied Economics Bachelor's Degree Program

As an applied economics major, you'd be exposed to various mathematics, finance and computer software classes. Keep reading to learn how earning your bachelor's degree can open up a variety of future job opportunities to you. Schools offering Economics degrees can also be found in these popular choices.

What Is an Applied Economics Bachelor's Degree?

An applied economics degree program focuses on teaching you the principles of economics and how to apply them to real-world situations. The area of economics is traditionally thought of as a business area, but the principles of economics can be applied to multiple other areas as well. While you will learn how to apply economic principles broadly, your degree program will mostly focus on applying these principles to the world of business. One of the main skills you will learn is how to forecast markets in different economies using various research techniques and software programs.

After completing your degree program, you will be prepared for several different career paths. You will also have gained the skills necessary to advance in the educational realm. While online programs in this field are rare, you can find many online applied economics master's degree programs.

Common Courses Macro and microeconomics, econometrics, social economics, public finance
Possible Careers Economist, economics teacher, financial analyst, statistician
Online Options Online programs are rare but there are some online master's programs

What Classes Will I Take?

Your bachelor's degree usually takes four years to complete, but it can be quicker if you first earn an associate's degree. If you do earn an associate's degree first, you should consider a liberal arts degree or an economics degree, as these degrees will allow you to complete many prerequisite courses. Once you enroll in a bachelor's degree program in applied economics, you will take a range of different classes including:

  • Macroeconomics
  • Microeconomics
  • Econometrics
  • Banking
  • Social economics
  • Labor economics
  • Public finance
  • Sports economics

What Will My Future Look Like?

You will be prepared for a variety of careers after completing your bachelor's degree in applied economics. One option is to move on to graduate school and earn a master's or doctoral degree. With your applied economics degree, you will be prepared to continue your education in a business related field, such as economics. You will also be prepared to continue your education in other areas that apply the principles of economics. One example is biology and the study of animal behavior. Animal behaviorists frequently use economic principles to explain foraging patterns, migrations and mating behaviors. Other areas that apply economic principles include psychology, sociology and criminal justice.

You can also look for employment directly after completing your bachelor's degree. With your bachelor's degree, you will be eligible to work in many settings such as for the government, for private companies or possibly in school systems. Some jobs you are qualified for with your degree include:

  • Economist: $95,710
  • Financial analyst: $78,620
  • Statistician: $79,990

Median annual salaries are provided by the U.S. Bureau of Labor Statistics (BLS) in 2014.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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