Economics

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200,000+

Alumni from our Global Campuses

Gain foundational knowledge of the global economy.

Webster's BA in Economics helps students explore the factors that determine production, distribution and consumption of resources. Students gain an understanding of basic economics concepts and how policy changes impact the economy, including the study of institutions, concepts, policy and tools of analysis. Expert faculty help students apply micro- and macro-economic concepts to real-world settings.

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BA in Economics

The Bachelor of Arts in Economics at Webster provides students with a strong foundation for a career in business or government, or for further study in economics, finance, law or other related disciplines. Students develop an analytical mindset alongside a strong economic awareness of the world. Students pursue one of three tracks: math, business or liberal arts, which in addition to elective coursework, allows students to tailor their economics studies to suit their interests and strengths.

Future for Economics Graduates

Economics graduates are employed in a wide range of industries, including government, politics, journalism, banking, insurance and other financial sectors. Employers value economics graduates for their application of data and analytics to solve problems. Many graduates continue their studies at law school or other business graduate programs.

Program Highlights

To meet the demands of today’s business student, Webster offers an economics “flex track” program that allows you the flexibility and variety to shape the degree to fit your unique interests. While all economics majors take core classes in basic and advanced microeconomics and macroeconomics, Webster’s unique program allows you to choose advanced courses that match your interests, whether it is money and banking, economic development, sports economics, international trade, labor economics, public sector economics, urban and regional economics, comparative economic systems or the history of economic thought. All economics majors then complete their degree by choosing courses from one of three tracks: mathematical economics, business economics or liberal arts economics.

The student will demonstrate familiarity with the primary measures of economic performance (GDP, Price Level, Unemployment).
The student will demonstrate proficiency in the use of the primary economic models (ISLM, Mundell-Fleming, Solow, Consumer Choice Theory, Price Optimization, Cournot Reaction Functions, Edgeworth Box and Game Theory).
The student will demonstrate familiarity with basic financial concepts.
The student will demonstrate proficiency with the application of the Time Value of Money.
The student will demonstrate proficiency in the use of basic differential calculus to solve production or consumer optimization problems.
The student will demonstrate proficiency in the interpretation of statistical information related to economic or financial data.

ECON Core: 18 hours

ECON 2000 Survey of Economics (3 hours)
ECON 3000 Basic Economic Modelling (3 hours)
ECON 3020 Intermediate Microeconomics (3 hours)
ECON 3030 Intermediate Macroeconomics (3 hours)
3000-level or 4000-level ECON elective (3 hours)
3000-level or 4000-level ECON elective (3 hours)
ECON 4000 Assessment Exam (0 hours)

Major Requirements: 23 hours

3000-level or 4000-level ECON elective (3 hours)
ACCT 2010 Financial Accounting (3 hours)
ACCT 2025 Managerial Accounting (3 hours)
BUSN 2750 Introduction to Statistics (3 hours)
FINC 3210 Principles of Finance (3 hours)
MATH 1480 Precalculus (3 hours)
or One additional ECON or FINC elective at the 3000-level or 4000-level (3 hours)
MATH 1610 Calculus I (5 hours)

Walker School Professional Development Classes: 3 hours

WSBT 2000 Career Exploration (1 hour)
WSBT 2300 Personal Branding (1 hour)
WSBT 2700 Career Management Strategies (1 hour)

A Minor in Economics requires 18 hours of ECON classes at Webster University.

Learning Outcomes

The student will demonstrate familiarity with the primary measures of economic performance (GDP, Price Level, Unemployment).
The student will demonstrate proficiency in the use of the primary economic models (ISLM, Mundell-Fleming, Solow, Consumer Choice Theory, Price Optimization, Cournot Reaction Functions, Edgeworth Box and Game Theory).

Required Courses

ECON 2000 Survey of Economics (3 hours)
ECON 3000 Basic Economic Modelling (3 hours)
ECON 3020 Intermediate Microeconomics (3 hours)
ECON 3030 Intermediate Macroeconomics (3 hours)
3000-level or 4000-level ECON elective (3 hours)
3000-level or 4000-level ECON elective (3 hours)
ECON 4000 Assessment Exam (0 hours)

Learn More

Founded in 1915, Webster University is committed to ensuring high-quality learning experiences that transform students for global citizenship and individual excellence. In 2014, Webster Athens joined our network to bring the best of American education with the only fully owned and controlled (academically and financially) accredited campus of a U.S. university in Greece.