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Rachel Armstrong (left, economics) and Larissa Ablutz (computer science) study together on the Upper Quad.

Bachelor of Arts in Economics

How should we decide what to do with scarce resources in our rapidly changing world? An economics degree at the University of St. Thomas develops your analytical and critical thinking abilities, equipping you with the tools you need to analyze problems and answer real-world questions asked by employers and policy makers.

Why Study Economics at St. Thomas?

Our degree program offers a large variety of courses focusing on topics ranging from managerial economics to environmental economics. We teach students to develop the qualitative and quantitative skills they need to understand complex problems and effectively communicate key strategic decisions. Economics graduates from St. Thomas have gone on to positions at companies like Medtronic, Citibank and EY.

Decisions, Decisions

  • Course Requirements
  • Four-Year Plan
  • Other Economics Degrees Awarded
  • Tutoring
  • Internships
  • Course Requirements

    You start by taking foundational courses focusing on economic theory and analysis, progressing to courses in mathematics, statistics and econometrics to develop your quantitative skills. You choose additional economics courses that fit your interests and career goals exploring topics such as international trade, the healthcare market, data analytics and more.

    Four-Year Plan

    You start by encountering macro and microeconomics, the fundamental principles of economics. After that, you will have the freedom to choose courses based on your personal interests.

    Other Economics Degrees Awarded

    Tutoring

    The Department of Economics offers student tutoring services to any student in a Principles of Economics course. These tutoring options are complementary and done on a drop-in basis.

    Internships

    Local companies and organizations actively recruit economics majors at St. Thomas for internships, some of which have offered interns full-time employment after graduation. These include Medtronic, Target, General Mills, Allianz, Dorsey & Whitney, Merrill Lynch, and U.S. Bank as well government agencies like the U.S. Treasury and the Minnesota Department of Revenue. The Department of Economics forwards opportunities sent by alumni at these companies to current economics students!

    Course Requirements

    Course Requirements

    You start by taking foundational courses focusing on economic theory and analysis, progressing to courses in mathematics, statistics and econometrics to develop your quantitative skills. You choose additional economics courses that fit your interests and career goals exploring topics such as international trade, the healthcare market, data analytics and more.

    Four-Year Plan

    Four-Year Plan

    You start by encountering macro and microeconomics, the fundamental principles of economics. After that, you will have the freedom to choose courses based on your personal interests.

    Tutoring

    Tutoring

    The Department of Economics offers student tutoring services to any student in a Principles of Economics course. These tutoring options are complementary and done on a drop-in basis.

    Internships

    Internships

    Local companies and organizations actively recruit economics majors at St. Thomas for internships, some of which have offered interns full-time employment after graduation. These include Medtronic, Target, General Mills, Allianz, Dorsey & Whitney, Merrill Lynch, and U.S. Bank as well government agencies like the U.S. Treasury and the Minnesota Department of Revenue. The Department of Economics forwards opportunities sent by alumni at these companies to current economics students!

    A person using a calculator to do accounting.

    Career Paths

    We give you the tools to analyze complex situations and make informed decisions in the workplace or in graduate school. Here are some paths our alumni pursued after graduating.

    • Research Assistant – Federal Reserve Board
    • Master of Science in Epidemiology - Columbia University
    • Transfer Pricing Staff – EY
    • Financial Analyst – General Mills
    • Data Scientist – UnitedHealth Group
    • Data Analyst – Amazon

    Scholarships

    David A. Renelt Award

    The David A. Renelt Award honors one outstanding rising senior economics major who best exemplifies the traits of growing intellectual curiosity, high ethical principles, enduring spiritual devotion and endearing congeniality.

    Economics Young Scholars

    We solicit proposals from students pursuing undergraduate economics research projects and provide generous financial support. In addition, we offer limited financial assistance to students applying for graduate study in economics to help cover some of the costs of GRE fees, application fees and campus visit expenses.

    MinneAnalytics Scholarship

    This annual scholarship sponsored by MinneAnalytics is awarded to an undergrad student who display a passion for pursuing a career in analytics and a commitment to engaging with the community.

    A Plethora of Opportunities

    15
    We have 15 dedicated faculty with a wide variety of expertise and strong interest in working with students.
    $109K
    According to the , the median annual salary earned by economists in 2020 was $109,000.
    5
    We offer five different economics majors tailored to your interest and career goals so you can pursue your passion.

    Get Involved

    Research, student-run clubs and conferences—the possibilities are endless for getting involved at the university and beyond.

    Faculty Research

    Our faculty are active researchers focusing on a variety of fields. They win government grants, are cited in the New York Times, publish in leading journals and present at global conferences.

    Economics Club

    The Economics Club facilitates economic exploration outside of the classroom. Activities include presentations from professionals on how they use economics in their careers and faculty discussing current economic events like tax reform.

    Student Research

    We support students as they pursue research. There is financial assistance for engaging in research and presenting results at conferences. Faculty include students in their projects as research assistants or collaborators.

    Economics student video

    Practical Experiences

    Economics students at St. Thomas have access to a diverse array of opportunities inside and outside of the classroom through research, competitions, dedicated faculty and more. Students use their skills and knowledge to make an impact in their communities every day.

    Take the Next Step

    best-value-logo-2022-transparent.pngThere is more to learn about St. Thomas; including our ranking as a Best Value School by U.S. News & World Report, the many classroom and extracurricular activities that will be part of your student experience and so much more. Schedule a visit to see our beautiful campus or start your application today.