College of Business and Economics
College of Business and Economics
- Major: Economics
- Degree Program: Economics
- Program Web Site
- College of Business and Economics
- Degree Designation: Bachelor's (B.S.)
In the broadest sense, economics is the science of decision-making. In economics, students learn how to identify the costs, benefits, and consequences of a decision. Often identified with the study of market behavior, economists also study issues that affect the market such as criminal behavior, poverty, law, environmental control, population, voting, and political behavior.
Two colleges at West Virginia University offer a major in economics. Students may earn a bachelor of arts (BA) in Economics from the Eberly College of Arts and Sciences and a bachelor of science (BS) degree in Economics from the College of Business and Economics.
The bachelor of arts (BA) program emphasizes a broad liberal arts education, while the bachelor of science program includes training in the various disciplines of business, including accounting, business law, finance, management, marketing, and information systems.
Students earning a bachelor of science in Economics must take required courses in economics (Intermediate Microeconomic Theory, Intermediate Macroeconomic Theory, and American Economic History). In addition, they must take elective courses in economics, such as International Economics,
Economic Development, Comparative Economic Systems, Econometrics, Mathematical Economics, Labor Economics, Money and Banking, and Public Economics. In addition to the courses in economics, BS Economics students must take elective hours from the College of Business and Economics. Many
students take the introductory courses in each of the business areas, such as finance, management, marketing, and business law to get a basic introduction to business. Others concentrate in one or two areas. There is a great deal of flexibility to design a curriculum best suited to each student’s interests.
Graduates with degrees in Economics are needed in both government and the private sector. Government economists assess economic conditions in the US and abroad and estimate the economic impact of specific changes in legislation or public policy. Economists in private industry work largely for marketing research firms, management consulting firms, banks, investment firms, and insurance companies.
Graduate training is increasingly required for many economist jobs and for advancement to more responsible positions. Economics includes many specialties at the graduate level, such as economic theory, international economics, and financial economics. A PhD is necessary for top positions in many organizations and in academia. Advanced degrees in business, economics, law, or public policy are all viable options. The College of Business and Economics offers a PhD in economics, and has an excellent record of placing economics students in other graduate schools. Economics graduates with some work experience are also excellent candidates for MBA programs and for law school. The College offers both a full-time MBA program and an Executive MBA program for working professionals.
English Language Proficiency
All applicants whose first language is not English must provide proof of English language proficiency. WVU accepts either the TOEFL or the IELTS for this purpose. Please see Office of Admissions - English Language Proficiency for more information.
Prospective students should apply online at:
WVU is accredited by the Higher Learning Commission.
Business programs of the College of Business and Economics are fully accredited by the American Assembly of Collegiate Schools of Business International.