Online Bachelor’s Degree Programs In Economics

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Finding the Right Economics Program & Exploring Careers

The constantly changing economy is important to businesses and consumers. The economic state impacts decisions regarding healthcare, investments, and insurance. A bachelor’s degree in economics prepares students to navigate the economic landscape and to help others make sound financial decisions.

The study of economics answers important questions about the availability of resources. Students research economic institutions, learn how to apply mathematical concepts to complex problems, and explore government policy. Economics graduates can work in a variety of areas, and the Bureau of Labor Statistics (BLS) projects a 6% increase in employment for economists from 20016-2026. This guide includes information for students considering bachelor’s in economics programs.

How Much Can You Make in an Economics Career?

These programs prepare students to apply knowledge of the economy and its functions in various professional roles. Many graduates work as analysts, who research market trends, or as advisers, who help businesses make major investment decisions. A bachelor’s degree in economics does not guarantee a specific salary, but the degree can qualify candidates for high-paying positions. The table below highlights common career paths and salaries for graduates with an online economics degree. Many students enter the workforce after earning their bachelor’s degree, while others pursue further education.


  • Market Research Analysts

    Market Research Analysts

    MEDIAN ANNUAL SALARY: $63,230

    JOB GROWTH 2016-2026: 23%

    Job Description
    Market research analysts focus on the marketing aspects of economics. They predict economic trends by researching people’s spending habits. To gather data, research analysts conduct surveys, questionnaires, polls, and other tests that require consumer input. These professionals simplify the data for business owners and consumers. Analysts also use statistical software to create tables and graphs.


  • Economists

    Economists

    MEDIAN ANNUAL SALARY: $102,490

    JOB GROWTH 2016-2026: 6%

    Job Description
    Economists track the production and distribution of resources such as oil and crops. Economists Operations research analysts help companies solve problems regarding logistics, healthcare, or general business practices.synthesize the data they collect through surveys and research on trends and then create reports to present their findings. Economists also forecast market trends and publish in journals, magazines, and newspapers.


  • Operations Research Analysts

    Operations Research Analysts

    MEDIAN ANNUAL SALARY: $81,390

    JOB GROWTH 2016-2026: 27%

    Job Description
    Operations research analysts help companies solve problems regarding logistics, healthcare, and general business practices. They conduct statistical research and often collaborate with other employees to solve these problems. Research analysts may design models or simulations to help employees develop a plan of action.


  • Financial Analysts

    Financial Analysts

    MEDIAN ANNUAL SALARY: $84,300

    JOB GROWTH 2016-2026: 11%

    Job Description
    Financial analysts use economic knowledge to help businesses and individuals make investment decisions. Analysts study business trends, curate an investment portfolio for each client, and monitor its success. They also prepare reports detailing data. Analysts work with company officials to write and review financial reports.


  • Actuaries

    Actuaries

    MEDIAN ANNUAL SALARY: $101,560

    JOB GROWTH 2016-2026: 22%

    Job Description
    Actuaries estimate and predict the likeliness of unexpected occurrences, such as death or car accidents. Using these estimations and statistical data, they calculate the economic costs of these events. This information benefits insurance companies and corporations that make high-risk financial decisions. Actuaries help these companies craft insurance policies and pension plans and make investments and other business decisions.


The list below includes salaries and job growth rates for professionals in the economics, training, and library workers industry. Although salaries vary based on each professional’s experience, education level, and location, job growth data helps students determine whether a career field has high earning potential and an abundance of open positions. According to the BLS, economists in New York, the District of Columbia, and Virginia earn the highest salaries in the country.


  • Alabama
    Median Annual Salary: $98,080

    Number Currently Employed: 30

    Projected Job Growth: +5.9 percent


  • Alaska
    Median Annual Salary: $89,370

    Number Currently Employed: 40

    Projected Job Growth: +0 percent


  • Arizona
    Median Annual Salary: $95,070

    Number Currently Employed: N/A

    Projected Job Growth: N/A


  • Arkansas
    Median Annual Salary: $68,830

    Number Currently Employed: 100

    Projected Job Growth: +14.1 percent


  • California
    Median Annual Salary: $122,960

    Number Currently Employed: 1,600

    Projected Job Growth: +6.3 percent


  • Colorado
    Median Annual Salary: $95,650

    Number Currently Employed: 220

    Projected Job Growth: +13.4 percent


  • District of Columbia (DC)
    Median Annual Salary: $125,400

    Number Currently Employed: 9,100

    Projected Job Growth: +6 percent


  • Connecticut
    Median Annual Salary: $98,980

    Number Currently Employed: 180

    Projected Job Growth: -1.1 percent


  • Delaware
    Median Annual Salary: $83,860

    Number Currently Employed: 50

    Projected Job Growth: +11.1 percent


  • Florida
    Median Annual Salary: $85,690

    Number Currently Employed: 9,100

    Projected Job Growth: +6 percent


  • Georgia
    Median Annual Salary: $104,680

    Number Currently Employed: 230

    Projected Job Growth: +13.8 percent


  • Hawaii
    Median Annual Salary: $95,590

    Number Currently Employed: 400

    Projected Job Growth: +9.7 percent


  • Idaho
    Median Annual Salary: $65,580

    Number Currently Employed: 150

    Projected Job Growth: +11.5 percent


  • Illinois
    Median Annual Salary: $106,280

    Number Currently Employed: 150

    Projected Job Growth: +4.8 percent


  • Indiana
    Median Annual Salary: $77,490

    Number Currently Employed: 480

    Projected Job Growth: +3.8 percent


  • Iowa
    Median Annual Salary: $84,990

    Number Currently Employed: 60

    Projected Job Growth: +10.9 percent


  • Kansas
    Median Annual Salary: N/A

    Number Currently Employed: N/A

    Projected Job Growth: N/A


  • Kentucky
    Median Annual Salary: $68,780

    Number Currently Employed: 70

    Projected Job Growth: +8.3 percent


  • Lousiana
    Median Annual Salary: $98,800

    Number Currently Employed: 40

    Projected Job Growth: +12.5 percent


  • Maine
    Median Annual Salary: N/A

    Number Currently Employed: 30

    Projected Job Growth: -3 percent


  • Maryland
    Median Annual Salary: $114,180

    Number Currently Employed: 390

    Projected Job Growth: +3.8 percent


  • Massachusuetts
    Median Annual Salary: $117,600

    Number Currently Employed: N/A

    Projected Job Growth: N/A


  • Michigan
    Median Annual Salary: $89,510

    Number Currently Employed: 360

    Projected Job Growth: +8.3 percent


  • Minnesota
    Median Annual Salary: $72,810

    Number Currently Employed: 380

    Projected Job Growth: +5.2 percent


  • Mississippi
    Median Annual Salary: $70,500

    Number Currently Employed: 40

    Projected Job Growth: +4.8 percent


  • Missouri
    Median Annual Salary: $109,020

    Number Currently Employed: 300

    Projected Job Growth: +14.5 percent


  • Montana
    Median Annual Salary: $84,950

    Number Currently Employed: 120

    Projected Job Growth: +9.8 percent


  • Nebraska
    Median Annual Salary: N/A

    Number Currently Employed: 40

    Projected Job Growth: +10.5 percent


  • Nevada
    Median Annual Salary: $77,750

    Number Currently Employed: 160

    Projected Job Growth: +11.6 percent


  • New Hampsire
    Median Annual Salary: $73,660

    Number Currently Employed: 70

    Projected Job Growth: -1.4 percent


  • New Jersey
    Median Annual Salary: $104,610

    Number Currently Employed: 130

    Projected Job Growth: +0.8 percent


  • New Mexico
    Median Annual Salary: $65,940

    Number Currently Employed: 70

    Projected Job Growth: +5.6 percent


  • New York
    Median Annual Salary: $128,740

    Number Currently Employed: 660

    Projected Job Growth: +12.2 percent


  • North Carolina
    Median Annual Salary: $89,310

    Number Currently Employed: 200

    Projected Job Growth: +0.5 percent


  • North Dakota
    Median Annual Salary: N/A

    Number Currently Employed: N/A

    Projected Job Growth: N/A


  • Ohio
    Median Annual Salary: $112,830

    Number Currently Employed: 120

    Projected Job Growth: -1.6 percent


  • Oklahoma
    Median Annual Salary: $56,530

    Number Currently Employed: 80

    Projected Job Growth: +6.1 percent


  • Oregon
    Median Annual Salary: $83,400

    Number Currently Employed: 230

    Projected Job Growth: +14.2 percent


  • Pennsylvania
    Median Annual Salary: $88,990

    Number Currently Employed: 660

    Projected Job Growth: +2.9 percent


  • Rhode Island
    Median Annual Salary: N/A

    Number Currently Employed: N/A

    Projected Job Growth: N/A


  • South Carolina
    Median Annual Salary: $64,670

    Number Currently Employed: 120

    Projected Job Growth: +6.8 percent


  • South Dakota
    Median Annual Salary: N/A

    Number Currently Employed: N/A

    Projected Job Growth: N/A


  • Tennessee
    Median Annual Salary: $80,810

    Number Currently Employed: 90

    Projected Job Growth: +15.9 percent


  • Texas
    Median Annual Salary: $102,380

    Number Currently Employed: N/A

    Projected Job Growth: N/A


  • Utah
    Median Annual Salary: $77,790

    Number Currently Employed: 60

    Projected Job Growth: +23.3 percent


  • Vermont
    Median Annual Salary: $82,240

    Number Currently Employed: 110

    Projected Job Growth: +2.8 percent


  • Virginia
    Median Annual Salary: $124,300

    Number Currently Employed: 1,240

    Projected Job Growth: +7.3 percent


  • Washington
    Median Annual Salary: $93,460

    Number Currently Employed: 510

    Projected Job Growth: +20.7 percent


  • West Virginia
    Median Annual Salary: $78,940

    Number Currently Employed: 90

    Projected Job Growth: +8 percent


  • Wisconsin
    Median Annual Salary: $81,180

    Number Currently Employed: 300

    Projected Job Growth: +13.5 percent


  • Wyoming
    Median Annual Salary: N/A

    Number Currently Employed: 50

    Projected Job Growth: +4.2 percent


What Courses Can be Taken for an Online Economics Degree?

Courses required for a bachelor’s degree in economics vary by school. However, most curricula emphasize similar learning objectives and outcomes. Students gain a basic understanding of the economy, along with tools and techniques to evaluate economic trends. The list below includes courses common to many economics programs, but students should contact prospective schools for specific course and degree requirements.

Principles of Microeconomics

Microeconomics explores the behavior of consumers and businesses making use of limited resources. Students learn theories, principles, and models related to microeconomics.

Principles of Macroeconomics

Students examine economic phenomena such as inflation, unemployment, and employment. Learners evaluate public policy and its effect on the economy while improving their analytical and research skills.

History of Economic Institutions and Thought

This course examines the origins of economic institutions, such as capitalism, and how these institutions have influenced modern development. Coursework may cover schools of economic thought and how they mirror each society’s values.

Introduction to Econometrics

In this course, students explore mathematical theories such as the classical linear progression model and statistical analysis. Learners work with specialized software to develop models using economic data.

Legal and Ethical Issues in Business

Students learn how the legal system impacts modern business practices. The course covers topics including government-imposed business regulations and the impact of business on everyday life.

How to Choose the Best Online Economics Program

When ranking programs, we consider several universally important factors. However, each student should evaluate his/her specific needs and capabilities before selecting a program. For example, students considering online programs should ensure they learn well independently. Also, location may affect a student’s access to certain economics programs, even online programs. Learners should assess each prospective school’s faculty, reputation, and course options before making a final decision.

Will I need to apply for an internship while pursuing an economics bachelor’s degree online?

Undergraduate programs rarely require internships, but they are encouraged. Schools’ career centers can help students find internship placements, which provide practical experience and academic credit. Online students can discuss internship options with academic advisers.

Do I need to find a special curriculum focus?

Each school creates a unique curriculum that emphasizes certain objectives. Because economics is a broad field, many schools offer concentrations or specializations. These focus areas require elective courses that help students develop specialized knowledge within the industry. Common economics concentrations include agriculture and global and environmental sustainability.

How should I select my courses for an online bachelor’s degree in economics?

When choosing classes, students should consider degree requirements. Students usually take general core courses, such as English and history, during their first two years and major courses during their last two years. Online courses may be synchronous or asynchronous; synchronous courses require students to log on at specific times. Students should consider their lifestyle when choosing between synchronous and asynchronous classes.

Will I need to have an advanced understanding of math to obtain an economics bachelor’s degree online?

Economics curricula cover topics that require students to apply mathematical theories and concepts. Learners need a basic understanding of mathematical concepts including addition, subtraction, multiplication, decimals, and fractions. Economics students take courses such as calculus and statistics to improve their mathematical skills.

Is the credit system the same for online and on-campus courses?

In most bachelor’s in economics programs, credits earned online and on campus hold the same weight. That means a student taking a microeconomics course online receives the same number of academic credits as a student taking the class on campus. Typically, the same faculty members lead online classes as the on-campus counterparts. Courses are generally worth 1-3 credits each.

Scholarships & Financial Aid for Economics Programs

Students should explore all options when applying for financial aid. Students can access federal aid by creating the Free Application for Federal Student Aid (FAFSA). The government uses income information from the FAFSA to determine which loans, scholarships, and grants the student can receive. Students can also apply for private, merit- or need-based scholarships through organizations and associations.

Appraisal Institute Education and Relief Foundation College Undergraduate Scholarships

The Appraisal Institute Education and Relief Foundation sponsors scholarships for undergraduate and graduate students. The institute is a professional organization for real estate appraisers and has more than 18,000 members worldwide. Students majoring in land economics can apply for this scholarship after entering their sophomore or junior year of college. Applicants must submit a personal statement, a resume, college transcripts, and two letters of recommendation. Winners receive $1,000.

Enid Hall Griswold Memorial Scholarship

The Daughters of the American Revolution offers several $5,000 scholarships to college students majoring in history, politics, government, or economics. Applicants must be in their junior or senior year of college at an accredited college or university. Applicants submit a statement of career objectives, transcripts, letters of recommendation, a list of extracurricular activities and scholastic achievements, and proof of U.S. citizenship.

Kay Durden Memorial Scholarship

Founded in 1924, the Phi Chi Theta fraternity supports professionals in the business and economics industries. The fraternity maintains a scholarship fund for members who are currently enrolled in an approved college or university and have completed one or more semesters. In addition to the application, students submit a resume and transcripts. Members receive awards at the organization’s national and regional meetings.

Minorities in Government Finance Scholarship

The Government Finance Officers Association represents federal, state, and local financial officials. The organization awards scholarships to students who plan to work in government finance and budgeting. Applicants must be citizens or permanent residents of the United States or Canada and must submit letters of recommendation, transcripts, and a list of current coursework. Applicant should be juniors or seniors studying full or part time. Successful scholarship applicants receive $10,000.

Paul S. Mills Scholarship

The Foundation for Financial Services awards scholarships to up to 10 students pursuing business-related degrees. Applicants must be undergraduate students enrolled at an accredited college or university and must submit a 500-word essay about their interest in the financial services field. The foundation also requires each applicant’s completed FAFSA to determine financial need.

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Advertisement AffordableCollegesOnline.org is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

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