The most common business majors are Business Administration or Business Management, though Economics is also a good choice for students who want to enter the world of business upon graduation. Business Administration and Business Management degrees are detail-oriented majors that base their curriculum on the workplace, while Economics majors focus on macro-oriented concepts that explain how the economy works. If you are interested in working for a specific company, Business Administration or Management is probably the best choice for you, but if you are interested in earning a more versatile degree that will give you a theoretical understanding of the economy, then Economics is the best degree. Economics majors are not confined to finance, banking, or government, and can instead be focused on resource logistics to improve people’s lives. If you have decided that you want to major in Economics, the next step is to find the program that best fits your academic and professional expectations. For reference to some of the best bachelor degrees in economics, check out our list of the Top 15 Bachelor’s Degrees in Economics. Let’s take a closer look at a couple of the best programs for bachelor degrees in Economics, that might help you figure out whether economics is a good major for you.
University of Berkeley
The University of Berkeley is a public research university that was founded in 1868 and is located in Berkeley, California. Berkeley is considered one of the most prestigious public universities in the United States, and therefore has one of the most prestigious economics degrees for undergraduate students. Berkeley’s Bachelor’s in Economics is based around core learning goals, including critical thinking, quantitative reasoning, and communication, that will give their students a holistic understanding of economic concepts. All students are required to take core courses in Microeconomic Theory, Macroeconomic Theory, and Econometrics. There are a variety of elective classes available for economic majors including History of Economic thought, Industrial Organization and Public Policy, and Global Inequality and Growth. Students have the option of completing an honors thesis, which can earn them entry into Berkeley’s prestigious Omicron Delta Epsilon Economics Honor Society. Tuition at Berkeley came out to $14,170 for in-state students, and $42,184 for out-of-state students, though 63% of students receive some form of financial aid. For more information about how tuition, financial aid, and student loans add up to a final bill for your college degree, check out our infographic on The Economics of a Bachelor’s Degree.
Florida State University
Florida State University is a public research university that was established in 1851, and is located in Tallahassee, Florida. The university offers a bachelor’s degree with a major, or minor, in Economics or Applied Economics, which allow students to have a capstone experience by interning at a business, government agency, or non-profit organization. Core courses include Intermediate Macroeconomic Theory, Analysis of Economic Data, and Introduction to Econometrics. Elective course options include Resource and Environmental Economics, Business Organization and Regulation, and Economic Theory. Tuition rates at Florida State for the 2017-18 school year came out to $5,656 for in-state students, and $18,786 for out-of-state students, though 89% of students received some form of financial aid.