Find your perfect college degree
Economics is a major component in financial planning. It helps people understand the relationship between various economic variables, including interest rates, GDP growth, and inflation, as well as their impact on people’s finances.
By earning an online Economics bachelor’s degree, people have a deeper understanding of markets, governments, and businesses, enabling them to respond to opportunities and threats when circumstances change.
Economics majors are better equipped because they can enhance their analytical and problem-solving skills, thereby becoming competent in risk management, finance, foreign affairs, policy analysis, public administration, law, entrepreneurship, politics, or market analysis.
Economics programs also develop learners’ critical thinking skills, helping them make sound decisions. They also learn to obtain and process information better, write and speak effectively, and analyze data. Employers typically look for these skills in applicants with a background in Economics.
Overview
Online Economics degrees offer many benefits, including in-depth knowledge of fundamental policy issues that shape social and market outcomes, such as market failure, public finance, tradeoffs, and benefits versus costs.
An online degree in Economics is for those looking for a solid understanding of how the economy works on both the domestic and global fronts and how this discipline is associated with social progress.
Methodology
This guide is to help students in choosing the best schools that offer online degrees in Economics. Every school listed here has been diligently checked to provide students with the most comprehensive information.
These are the most important factors we considered when looking for the best online colleges with online Bachelor’s in Economics programs:
- Delivered as an Economics bachelor’s degree online or blended program, ensuring that students enjoy flexible attendance options through online learning without compromising academic quality,
- Features a comprehensive curriculum with upper-division courses that prepare students for either the workforce or a master’s in Economics program,
- Taught by highly competent faculty members with years of professional experience in a related field,
- Offers a wide range of financial aid options to help qualified online degree in Economics students pay for their tuition and school fees,
- Earned proper accreditation from respectable accrediting agencies approved by the US Department of Education, such as the Council for Higher Education Accreditation (CHEA), to ensure the quality of education a school provides,
- Demonstrate excellence and leadership in the Economics community, evidenced by awards and recognition received, as well as honest reviews from students and graduates.
Visit our Methodology page and explore our ranking process.
10 Best Online Colleges with Online Degrees in Economics
Florida International University
11200 SW 8th St,
Miami, FL 33199
Online Bachelor of Arts in Economics
The Florida International University Online Bachelor of Arts in Economics equips students with a more in-depth knowledge of economic issues and institutions. The Economics courses in this program cover every sector of the business world, providing learners who want a career in government, international agencies, business, or multinational corporations.
- A deeper understanding of historical trends and populations that shape governments, organizations, and countries.
- Analyzation of empirical data for a better understanding of public policies, human behavior, and the impact of programs.
- Make students more marketable, especially those looking to pursue a graduate degree or law school.
- Required courses include Intermediate Microeconomics, Intermediate Macroeconomics, Introduction to Econometrics, and Measurement and Analysis of Econ Activity.
Standout Features of Florida International University’s Online Bachelor of Arts in Economics Program:
FIU’s Online Bachelor of Arts in Economics has bagged the top spot in various rankings by reputable award-giving bodies.
Graduates of any major in FIU can join the FIU Honors College, a prestigious accomplishment respected and recognized by many grad schools and employers. This allows students to enroll in courses designed for cutting-edge and interdisciplinary classes taught by top-notch professors.
Did You Know?
FIU accepts various financial aid options, such as grants, scholarships, loans, federal work-study programs, and private and government resources. Those who qualify for financial aid can also be eligible for a Book Advance, allowing them to get an advance on the grant, scholarship, or loan awarded to them.
Washington State University
2710 Crimson Way,
Richland, WA 99354
Bachelor of Science in Economic Sciences
The Bachelor of Science in Economic Sciences offered by Washington State University prepares learners for today’s fast-changing markets and economies at the local, national, and global levels. It also aims to address the increasing demand for professionals knowledgeable in complex financial and economic systems.
- Learn the use of rigorous analysis methods to measure factors of economic impacts, such as scarcity, government policy, resource availability, social institutions, and decision-making by businesses and consumers.
- Improve people’s understanding of complex economic systems function, improving their ability to ensure positive economic outcomes on small and massive scales.
- Train students to become excellent communicators and critical thinkers with advanced data analysis skills.
- Prepare students to assess and apply economic concepts and quantitative methods, integrate concepts, evaluate and communicate economic analysis results, and think critically.
- Classes are taught by acclaimed faculty members cited by print and broadcast media for their expertise.
Standout Features of Washington State University’s Bachelor of Science in Economic Sciences Program:
WSU’s online degree in Economics has been recognized as one of the leading online degree programs in the country.
Through the university’s active network of alumni, faculty, and business professionals, graduates of this program will be able to make valuable career connections.
Did You Know?
An online degree in Economics majors must complete at least 120 semester credits. They must take 25 credits of economic core courses, such as Fundamentals in MicroEconomics, Fundamentals in MicroEconomics, Introductory Econometrics, Economics Internship, and Economics Capstone.
Utah State University
Old Main Hill,
Logan, UT 84322
Bachelor of Science in Economics
Through Utah State University’s Bachelor of Science in Economics, students will learn how to turn economic theories into actional business practices. This also prepares students for various careers in business or graduate school.
- Provide students with insights into the many aspects of managing businesses and organizations.
- Students can choose from four emphasis options: prelaw Economics, International Economics and trade, managerial Economics, and economic theory.
- Students take industry-relevant courses taught by professors with real-world experience, ensuring that students learn how to apply economic concepts to real settings.
- Online Economics majors who are based in Utah will have access to local support, BlueZone WiFi, study spaces, and testing services.
Standout Features of Utah State University’s Bachelor of Science in Economics Program:
USU’s BS in Economics program has been awarded several times for being one of the best online bachelor’s programs in the country.
Aside from getting the assurance of high-quality education, online students get access to academic resources, including academic support, disability resource center, online library access, peer mentoring, test proctoring, and tutoring, to ensure success.
Did You Know?
Online students can also take advantage of federal financial aid, including USU’s General Scholarship, as well as private and federal loans, grants, and work-study programs.
The school has a Student Money Management Center that helps students can meet with a financial coach who can help them evaluate where they are financially so they can plan what they want to accomplish more successfully.
Liberty University
1971 University Blvd
Lynchburg, VA 24515
Online Bachelor of Science in Business Administration – Emphasis on Economics
Liberty University’s online Bachelor of Science in Economics is an excellent undergraduate program of choice to gain a solid understanding of Economics from a Christian worldview. It is designed to prepare students with core business knowledge and skills to succeed in various Economics-related careers in both domestic and international marketplaces.
- Receive in-depth training in accounting, business strategy, economic forecasting, finance, and international trade.
- Features a top-notch curriculum, giving students valuable insights to help them make sound business decisions, taking into consideration economic theories and current events.
- Help students understand the supply and demand curve, as well as the crucial factors that affect the economy.
- Students can analyze or interpret economic data, explore the ethical dimensions of economic decision-making, and understand the role of government in economic affairs.
- Learners will know how to apply Christian values to economic issues, including social justice, poverty, and wealth.
- The curriculum includes entrepreneurship and business ethics, ensuring that students will have a well-rounded understanding of how Economics affects the real world.
Standout Features of Liberty University’s Online Bachelor of Science in Business Administration – Economics Program:
This program is fully accredited by the SACSCOC or Southern Association of Colleges & Schools Commission on Colleges. It examines international financial systems and marketing integration in various countries to ensure graduates will be able to effectively conduct business on an international level.
Did You Know?
To help make tuition more affordable for all students, Liberty University accepts a wide variety of financial aid options, including grants, such as the Virginia Tuition Assistance Grant. This university also accepts scholarships, outside aid, and work-study programs.
Additionally, it provides other financial assistance, including First Responder Discount, Military Tuition Discount, Small Business Discount, Corporate Tuition Assistance, and Corporate Tuition Affiliates.
The University of Utah
4943 The Valley Library
Corvallis, OR 97331
Bachelor of Science in Economics
The University of Utah offers a robust online degree program in Economics that provides students with the skills to thrive in a rapidly evolving global economy. This program is designed for students who desire a flexible, convenient, and inexpensive way to earn a degree in Economics without sacrificing quality.
- Features a comprehensive curriculum that covers microeconomics, macroeconomics, economic theory, financial markets, econometrics, international trade, and public policy.
- Enhances students’ problem-solving, communication, and critical-thinking skills, which are necessary for a successful career in Economics.
- Gain a deep understanding of economic principles to enable learners to analyze complex economic problems and make informed decisions.
- Develop quantitative and analytical skills to succeed in any field, including academia, government, consulting, and finance.
Standout Features of The University of Utah’s Bachelor of Science in Economics Program:
The University of Utah’s BS in Economics is Association to Advance Collegiate Schools of Business (AACSB) approved, ensuring it follows the highest standard of achievement for business schools.
All classes will be taught by faculty members who are experts in their chosen fields and are passionate about the subject matter.
Did You Know?
The University of Utah accepts scholarships, grants, loans, and work-study programs. This school offers financial assistance to entering freshmen, transfer students, current students, and those enrolled on the Asia Campus. They have online scholarships, department scholarships, and need-based scholarships, which are based on a student’s financial need.
Penn State World Campus
128 Outreach Building
University Park, PA 16802
Bachelor of Science in Economics
The Penn State World Campus’ Bachelor of Science in Economics offers a comprehensive look into economic theories, practices, and principles that govern world marketplaces. This program is also designed for students looking to have a successful career in finance, government, business, and nonprofit organizations.
- Develop a strong foundation in macroeconomics and microeconomics, as well as a profound knowledge of market equilibrium, supply and demand, and the role of governments in world economies.
- Learn about a wide variety of economic systems, including socialism, communism, and capitalism, as well as their impact on global economic growth and development.
- Students will be able to choose elective courses that align with individual interests and career objectives.
- There are plenty of opportunities to apply economic theories to real-world problems and gain analytical and problem-solving skills.
- Understand and forecast market trends and determine their impact on businesses.
Standout Features of Penn State World Campus’ Bachelor of Science in Economics Program:
Penn State World Campus’ Bachelor of Science in Economics offers a BS and BA in Economics.
Students who want to develop strong analytical skills, especially in research, computer programming, and mathematic theory, should choose a bachelor of science. This can provide them with strong quantitative knowledge that will allow them to interpret individual and group behavior through numerical models and concepts.
Did You Know?
All new and current students at Penn State World Campus are encouraged to apply for federal student aid. This ensures that they can be considered for university scholarships and other aid options that are available to those who file for a Free Application for Federal Student Aid (FAFSA).
The school also offers tuition assistance for unemployed members of the workforce through its Trade Adjustment Assistance Program, which is a federal program offered to those who lost their jobs related to international trade.
Eastern Oregon University
One University Boulevard
La Grande, OR 97850-2807
Online Major in Economics Degree
Eastern Oregon University’s Online Major in Economics Degree program is perfect for those who want to earn a degree in Economics but don’t have the time to attend on-campus classes. This program provides students with the fundamentals of macroeconomics and microeconomics.
- Provide hands-on training through internships, case studies, and research projects, allowing students to apply acquired knowledge to real-world issues.
- Delve into economic systems, international trade, and economic growth.
- Focus on sustainability and environmental Economics, helping students better understand the economic implications of environmental challenges.
- Classes are taught by dedicated faculty members with a wealth of knowledge and real-world experiences while ensuring individualized support and attention.
Standout Features of Eastern Oregon University’s Online Major in Economics Degree Program:
The EOU Chapter of the Omicron Delta Epsilon International Honors Society in Economics offers Economics majors membership. This society is a highly acclaimed organization with more than 670 chapters around the world.
Economics students will have a capstone course that encourages them to conduct research on issues that affect rural communities, giving students real-world experience in the field.
Did You Know?
Eastern Oregon University is known for its flexibility and affordability, ensuring that students can get financial assistance for their academic programs. Financial aid can be available as a scholarship, grant, or loan.
EOU offers scholarships to incoming students to help them pay for their tuition. These include the University Scholar Award, University Scholarly-Need Award, University Achievement Award, University Scholar-Athlete Award, and EOU 4-County Housing Award.
It also provides financial aid to students from diverse social experiences and backgrounds.
The State University of New York
2 Union Avenue
Saratoga Springs, NY 12866
Bachelor of Professional Studies in Business, Management, and Economics
The State University of New York’s Bachelor of Professional Studies in Business, Management, and Economics is a fully online program. Its courses are based on the semester, while classwork can be completed while students juggle their work and family commitments.
- Join in on real-world experiences, such as clinical placements, service learning, and internships, to learn how to apply their academic knowledge.
- Explore the world of business administration, accounting, Economics, human resources, finance, international business, information systems, management, marketing, public administration, and labor relations.
- Develop management, communication, quantitative, and analytical skills to improve students’ understanding of economic principles and disciplinary methods.
- Learn to effectively use information technologies to supper the students’ career or personal goals.
- Work with experienced faculty mentors to meet specific goals and needs
Standout Features of The State University of New York’s Bachelor of Professional Studies in Business, Management, and Economics Program:
The State University of New York Middle States Commission on Higher Education or MSCHE-accredited. This school is passionate about being a leader in undergraduate instruction, putting emphasis on student success, which is proven by its honor programs, research, study abroad, and independent study opportunities.
Did You Know?
The State University of New York is committed to offering lower tuition rates. As a matter of fact, this school offers over 10% lower than the national coverage. On top of that, they accept transfer credits from other institutions to ensure students are able to finish the degree program as quickly as possible.
Colorado State University
2545 Research Blvd.
Fort Collins, CO 80526
Bachelor of Arts in Economics
Students of Bachelor of Arts in Economics at Colorado State University teach about interpreting research, policies, and data in a program that is beyond finance and math. This also prepares students for today’s rapidly changing global marketplace.
- Equips students with various perspectives to help them analyze complex issues from varied angles.
- Develop their analytical and critical-thinking skills through a well-rounded curriculum that enhances their knowledge of the influence of economic systems on human behavior.
- Explore the various reasons how and why households, individuals, businesses, communities, and governments make the decisions they do when it comes to the consumption and production of goods, resources, and services.
- Provide training to ensure students make better fact-based decisions with a deep comprehension of the human aspects of Economics, including gender, environment, and others.
- Take a minor course to complete the bachelor’s degree in Economics: Agricultural Business, Business Administration, Media Studies, Sociology, and Political Science.
Standout Features of Colorado State University’s Bachelor of Arts in Economics Program:
CSU allows students to customize their Economics degree program based on their academic interests and goals. An academic advisor can guide learners in choosing between 22 and 35 elective credits.
Additionally, students must also choose a degree minor with 21 to 24 credits from options like political science, sociology, and business administration, to name a few.
Did You Know?
CSU accepts federal financial aid, scholarships, military discounts, and veteran benefits. Those who do not qualify for any federal or state financial assistance can use alternative forms of aid from private and nonprofit organizations, banks, or lending institutions.
University of Hawaiʻi at Mānoa
Saunders Hall 542, 2424 Maile Way
Honolulu, HI 96822
Bachelor of Arts in Economics
The University of Hawaiʻi at Mānoa offers a Bachelor of Arts in Economics. It has graduates who have been successful in pursuing high-paying careers in business, public sector, and academia.
- Achieve economic literacy and be able to explain properly and clearly core economic concepts, theories, and terms.
- Develop critical-thinking skills and demonstrate their ability to apply economic reasoning to modern policy problems and social issues.
- Learn quantitative reasoning to be able to apply the right statistical techniques to economic analysis.
- Learn proper reporting and effectively communicate findings of economic research and analysis to decision-makers through clear presentations and written reports.
Standout Features of the University of Hawaiʻi at Mānoa’s Bachelor of Arts in Economics Program:
The goal of the University of Hawaiʻi at Mānoa is to provide students with a high-quality education that will equip them and develop their understanding of economic challenges in Hawaii, the Asia-Pacific region, and the United States.
Did You Know?
The types of financial aid accepted at the University of Hawaiʻi at Mānoa include grants, scholarships, loans, and work-study programs.
Grants accepted at this university include the following:
- Federal Pell Grant
- Federal Supplemental Educational Opportunity Grant (SEOG)
- Mānoa Opportunity Grant
- Pacific Islander Opportunity Grant
- TEACH-Teacher Education Assistance for College & Higher Education Grant
- Children of Fallen Heroes
- Iraq and Afghanistan Service Grant
Top Industries that Pay the Highest Wages to Economics Graduates
The latest Labor Statistics data show that the employment of economists is projected to grow by 6 percent until 2032. There will be an average of 1,100 job openings for Economics professionals every year.
For economists, median annual wages may vary depending on the industry. In May 2022, the figures below indicate the top 5 sectors pay the highest wages for Economics professionals.
- Finance and insurance $82,201
- Federal government, excluding postal service: $130,100
- Scientific research and development services: $106,720
- Management, scientific, and technical consulting services: $130,160
- State and local government, excluding education and hospitals: $80,520
Frequently Asked Questions
Is an online degree in Economics a worthwhile educational investment?
Yes, an online degree in Economics has the same curriculum and coursework as a traditional program. Most schools have the same set of faculty members who teach both online and on-campus classes. This means that students are guaranteed to get the same level and quality of education even when taking courses through distance learning.
Whether students pursue a degree online or on-campus, a bachelor’s program in Economics will prepare learners for an ever-changing world. They will be able to explore and understand business, governments, and markets and develop their problem-solving, critical-thinking, analytical, and quantitative skills.
All of these will help them succeed in their chosen careers in Economics, be it in finance, law, foreign affairs, public administration, and policy analysis.
What jobs can be pursued with an online degree in Economics?
An online bachelor’s degree in Economics is usually an entry-level credential for virtually all work related to Economics.
- Corporate Economist
- Financial Manager
- Sales Manager
- Corporate or Business Lawyer
- Compensation and Benefits Manager
- Economics Professor
- Economist (General)
- Data Scientist
- Statistician
- Personal Financial Advisor
- Investment Analyst
- Management Analyst
- Policy Analyst
- Operations Research Analyst
- Credit Analyst
- Supply Chain Analyst
- Financial Analyst
- Behavioral Economist
- Budget Analyst
- Economic Consultant
To qualify for higher positions, pursuing a master’s or Ph.D. degree is a must. Graduate degrees lead to top careers such as professors, finance managers or market research analysts, policy analysts, policy researchers, data scientists, and consultants.
Should an Economics graduate pursue a Master’s degree?
Yes, especially for those who want to become an Economics professor, educator, or researcher. With a master’s degree in Economics, students can teach at two-year colleges. Those with a Ph.D. in Economics can get a faculty position at most four-year colleges in the country.
Moreover, those with a master’s or Ph.D. in Economics can contribute to the development of new ideas in Economics and support graduate and undergraduate majors.
According to the American Economic Association’s Universal Academic Questionnaire Summary Statistics, below are the average starting salaries for Economics instructors with master’s or Ph.D. degrees.
Assistant Professor – With a PH.D. $142,515, With a Master’s $102,223
Associate Professor – With a PH.D. $165,525, With a Master’s $117,664
Full Professor – With a PH.D. $228,233, With a Master’s $143,980
Key Takeaways
- Economists are highly in demand in the world today, and employers are willing to pay a premium wage to the right talents, which means that prospective students of Economics online programs can pursue successful careers in a related field after graduation.
- An online degree in Economics prepares students for challenging roles in financial planning, data analysis, financial control, risk analysis, and consultancy, to name a few.
- With an online degree in Economics, graduates can earn anywhere from $80,000 to $100,000 every year, depending on the industry and their line of work.
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