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Economics (B.A./B.S.B.A.)

Economics graduates are considered generalists who are well-trained in analytical thinking. Majoring in economics is a spring-board to a very wide variety of careers, not only in businesses, but also in government agencies and not-for-profit organizations. A major in economics is also excellent preparation for graduate study toward master's and doctoral degrees in economics, business, public administration, urban studies, international studies, marine affairs and other fields. Furthermore, even many law schools encourage prospective students to consider majoring in economics as undergraduates.

Economics (B.A./B.S.B.A.)


Description


What is Economics at ODU like?

Economics graduates are considered generalists who are well-trained in analytical thinking. Majoring in economics is a spring-board to a very wide variety of careers, not only in businesses, but also in government agencies and not-for-profit organizations. A major in economics is also excellent preparation for graduate study toward master's and doctoral degrees in economics, business, public administration, urban studies, international studies, marine affairs and other fields. Furthermore, even many law schools encourage prospective students to consider majoring in economics as undergraduates.

Program Highlights


What makes Economics at ODU unique?

  • At Old Dominion University students will be able to take courses in micro-economics, macroeconomics, development economics, natural resource and environmental economics, international economics, labor economics, transportation economics, urban economics, and more

  • Students may be able to undertake independent study in a particular area of economics that interests you, under the supervision of a faculty member

Careers


What are some careers in this field?

Check out these ideas from ODU Career Development Services and the Occupational Information Network (O*NET). A median salary is the midpoint of what people typically earn—half of those surveyed earned above the median salary, and half earned below.

Economics Teachers, Postsecondary

$114,820

MEDIAN SALARY


Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Home Economics Teachers, Postsecondary

$77,220

MEDIAN SALARY


Teach courses in childcare, family relations, finance, nutrition, and related subjects pertaining to home management. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Economists

$112,650

MEDIAN SALARY


Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Environmental Economists

$112,650

MEDIAN SALARY


Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

Courses


What are some courses offered in Economics at ODU?

ECON 304:
Intermediate Microeconomic Theory


Develops methods of microeconomic analysis beyond the principles level. Major emphasis is placed on consumer behavior and demand, production and cost, market organization, distribution theory, and welfare theory. Prerequisites: MATH 200 or equivalent and a graded of C or better in ECON 202S, along with a declared major in the University or permission of the Dean's Office.

ECON 305:
Intermediate Macroeconomic Theory


Provides an overall big picture of the economy, focusing on the central problems of unemployment, inflation, the business cycle, and economic growth. Important issues include national income accounting, fiscal policy, monetary policy, the money supply, the money market, interest rates, saving rates, labor markets, productivity, budget surpluses/deficits, trade deficits, and exchange rates. Prerequisites: MATH 162M or equivalent, and a grade of C or better in ECON 201S and ECON 202S, along with a declared major at the University or permission of the Dean's Office.

ECON 450:
International Economics


An analysis of the principles of trade theory and policy with an overall exposition of the principles of international finance. The main objective of the course is to provide knowledge of analytical tools used by economists in analyzing contemporary international economic problems. Prerequisites: ECON 201S and ECON 202S, along with a declared major at the University or permission of the Dean's Office.

Requirements


What are the requirements to apply for Economics at ODU?

Students entering the BA,BSBA program in Economics should meet the minimum university admission requirements (Undergraduate Admission)

  • Completed all lower-level general education requirements

  • Completed at least 24 credit hours at ODU with a GPA of at least 3.0

  • A minimum index of 1200 (index is computed as 200 times the ODU GPA plus GMAT score)

For admission to the Economics program


GMAT:

Achieve a minimum Graduate Management Admission Test (GMAT) score of 550. Students who have done exceptionally well in their undergraduate work may qualify for a GMAT waiver.  These candidates will have: Completed all lower-level general education requirements Completed at least 24 credit hours at ODU with a cumulative GPA of at least 3.5 Achieved junior standing


Cost

Tuition and Fees

Estimated rates for the 2022-23 academic year. Rates are subject to change. Anyone that is not a current Virginia resident will be charged non-resident rates. That includes international students.

Virginia Resident


Per Credit:

$ 374

Non-Resident


Per Credit:

$ 1,039

Active Duty Military Rate


Per Credit:

$ 250

Technology Delivered Courses Outside Virginia and/or the United States


Per Credit:

$ 407

Ways to Save

Here are a few ways for you to save on the cost of attending ODU. For more information visit University Student Financial aid

Next Steps


I like this program. What are the next steps?

Contact


Need help applying?

Meet Your Enrollment Team

Our enrollment coordinators are ready to help you through the admissions process.

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SENIOR LECTURER


Name:

Mohamed Rahoui


Location:

2047 CONSTANT HALL, NORFOLK, VA, 23529



Office:

757-683-3548


Undergraduate Admissions


Location:

1004 Rollins Hall, Norfolk, VA 23529


Phone Office:

757-683-3685


Fax:

757-683-3255


Email:

admissions@odu.edu


International Admissions


Location:

2101 Dragas Hall, Norfolk, VA 23529


Phone Office:

757-683-3701


Fax:

757-683-3651


Email:

intladm@odu.edu

Transfer


I like this program and want to transfer. What are my next steps?

At ODU, we understand that as a transfer student you have unique needs that require a wide array of campus resources. The Center for Advising Administration and Academic Partnerships aims to create a transfer inclusive culture that supports the successful transition, engagement, and academic achievement of transfer students. The services and programs offered to you as a Monarch are endless so take advantage of every opportunity. Even before you set foot on campus, we encourage you to Explore, Experience, and Engage! Visit our Transfer Students page for more information.

Additional Programs


Are there other programs at ODU I may be interested in?

With over 120 undergraduate programs, 130 graduate programs at the master'seducation specialist and doctoral levels plus a wealth of certificate and professional development programs, Old Dominion University has the program for you. Visit our academic program listing page to see other programs ODU has to offer.

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