Economics
Economics examines how individuals, businesses, and government make choices in everyday life. An Economics major analyzes questions related to resource allocation, incentives and wealth, economic forecasting and analysis, and public policy. Economics majors will have a good understanding of how markets function, which is essential knowledge for a variety of jobs in the private sector, government, think tanks, or non-governmental agencies.
鈥淢y Economics major has taught me how to complement my qualitative thoughts with quantitative analysis to reach informed, evidence-based conclusions that I can use in both my personal life and professional career.鈥�
ELVIRA OCHATIOUK
Economics Major 鈥�20
EXPLORE OUR MAJOR
Earning an Undergraduate Degree in our Economics major will consist of at least 120 credit hours. Here are a few of the classes you would be taking:
- Principles of Microeconomics
- Principles of Macroeconomics
- Applied Econometrics I and II
- Labor Market Analysis and Evaluation
- Intermediate Macroeconomics
Check out the full curriculum here:
CAREER OUTCOMES
An Economics degree helps prepare students for careers that require quantitative, analytical, and problem-solving skills Here are a few possible career paths you can choose to go into as an Economics major:
- Economist
- Financial Risk Analyst
- Data Analyst
- Economic Researcher
- Investment Analyst
GROWING INDUSTRY
The Bureau of Labor Statistics projects that the demand for economists will grow at a 14% rate through 2029, which is much higher than the average growth rate of 4% for all occupations. Economics is ranked among the 鈥淏est College Majors for a Lucrative Career鈥� (Kiplinger and Indeed.com).
POSSIBLE FUTURE EMPLOYERS
National, regional, and local public business firms as well as Fortune 500 companies and government entities actively recruit our students. Employers speak of our program as one of the leading programs in the region. Some companies our Economics graduates have chosen to work for are:
- Citibank
- The Goodyear Tire & Rubber Company
- Salesforce, Inc.
- Progressive Insurance
SAS ACCREDITED
The Economics Department has Tier 3 Academic Specialization from SAS Institute for integrating advanced statistical analysis into its curriculum with programming skills in SAS. The Tier 3 designation is the highest level of credential that SAS offers its academic partners and provides the most benefits for economics majors seeking careers in the rapidly growing field of data analytics.
Every student in this program can earn a SAS Certificate of Completion in Business Data Analysis through regular coursework. This certificate provides tangible evidence to employers of your econometrics and data science skills. In addition, the benefits students receive as part of the SAS partnership include access to free SAS software and e-learning courses; a digital badge they can use on their resume and LinkedIn profile; and heavily discounted fees for professional-level SAS certification exams.
THE AKRON ADVANTAGE
The University of Akron, College of Business has prepared a curriculum to respond to the industry's needs for business professionals.
Our faculty are highly credentialed and dedicated to providing an excellent learning experience for all our students. Classes are taught by experienced full-time faculty, not graduate assistants. Some of our full-time faculty are a few highly qualified business professionals who teach courses on a part-time basis.
The College of Business is one of only 188 business schools among thousands worldwide to hold dual accreditation from the AACSB.
SCHOLARSHIPS
The College of Business is committed to supporting students throughout their education. Learn more information on our scholarship process on our scholarship page..
FACULTY
The Department of Economics at The University of Akron consists of faculty with a rich history of business education and close relationships with the professional community.
Dr. Sucharita Ghosh is a Professor of Economics and the Department Chair of the Economics Department. She has over 20 years of experience teaching undergraduate and graduate classes in macroeconomics, international trade and international monetary economics and was awarded the Buchtel College of Arts and Sciences Teaching Award in 2007.
Learn more about our Faculty from the College of Business on our Faculty Page.
