Economics, B.A. at University of Wisconsin Madison

University of Wisconsin Madison

United States of America, Madison

University Rank:#110

The Economics, B.A. at University of Wisconsin Madison is a Full Time Bachelor program offered at the university's main campus in Madison , United States of America. The program is delivered on campus in English and can be completed in 4 years. Students develop academic knowledge and practical skills that prepare them for future careers in this field. The next available intake starts on September 7, 2027.

About Economics, B.A.

A major in economics gives students a greater understanding of how people, businesses, and governments respond to their economic environments. Many of the issues that fill the newspapersjobs, wages, taxes, the cost of living, inequality, pollution, poverty, and economic growthare, in fundamental ways, economic issues. The daily decisions of businesses and consumers are largely economic. Economists seek to understand the decisions of businesses, consumers, and current economic issues by developing a systematic and thorough understanding of precisely how the economic system operates, including the mechanisms by which resources are allocated, prices determined, income redistributed, and economic growth promoted.

The analytical method of economics recognizes that various choices are open to a society in solving its economic problems. Students are often attracted to economics as a discipline precisely because they want to understand the decisions of people and businesses and to better understand and evaluate economic policy. To begin to approach these issues as an economist requires an understanding of economic theory, empirical methodology, and an understanding of the institutional details and advanced practice gained from intensive study of specific subfields of economics. Consequently, the undergraduate economics major is organized around a progression of courses that first provides a broad introduction to economics, then develops the theoretical tools that provide the foundation of modern economic thought, and finishes with advanced courses designed to provide greater in-depth knowledge of specific fields (such as labor markets, industrial organization, international economics, public finance, banking and finance, macroeconomics, microeconomics, and econometrics).

An economics major is valuable in the job market because the major is designed to train people to think analytically and clearly about a wide variety of issues. Economics graduates go on to pursue careers in a variety of fields including finance, data analytics, and public policy. An economics major is also good preparation for graduate work in a number of areas: business, law, public policy, economics, public administration, industrial relations, international relations, urban and regional planning, and environmental studies.

Understand the fundamental concepts of economics and how those concepts apply to real world issues.
Construct and evaluate economic models, their assumptions, and conclusions.
Acquire a diverse set of skills and strategies in mathematical reasoning/statistical and computational techniques/deductive logic/problem solving.
Use mathematics/computational/statistical techniques to analyze real world situations and policies.
Use economic analysis to critically evaluate public policy proposals.

Requirements and Admission Criteria for Economics, B.A. at University of Wisconsin Madison

Entry Requirements

All undergraduate students at UW–Madison must complete the university-wide General Education Requirements, which are designed to convey the essential core of an undergraduate education. This core establishes a foundation for living a productive life, being a citizen of the world, appreciating aesthetic values, and engaging in lifelong learning in a continually changing world. These requirements provide for breadth across the humanities and arts, social studies, and natural sciences; competence in communication, critical thinking, and analytical skills necessary for success in college and beyond; and investigation of the issues raised by living in a culturally diverse society. This core is intended to provide students with intellectual and practical skills, basic knowledge of human cultures and the physical world, strategies for understanding these topics, and tools intended to contribute to their sense of personal and social responsibility. General Education complements the work students do in their majors and degrees. Together, these requirements help students learn what they need to know not just for making a living, but also for making a life.

Completing the General Education Requirements is an important part of achieving these competencies, and to do so, students choose from many courses in communication, ethnic studies, quantitative reasoning, and breadth of study across disciplines in the natural sciences, humanities, literature, and arts, and social and behavioral sciences.

Each school and college may choose to allow General Education courses to count toward other degree and/or major requirements. Students should always check with their advisors to discuss any additional degree requirements and determine if students are required to take specific General Education courses or to complete the requirements in a particular order. Students should review their Degree Audit (DARS) report to see how they are progressing toward fulfilling the General Education requirements. Please refer to.

English Requirements

IELTSMin 6.5
TOEFLMin 80

English Program Requirements

Freshman applicants educated in non-English speaking countries must submit an official TOEFL, IELTS, or Duolingo English Test (DET) score, unless English was the primary language of instruction in all four years of secondary school.

All English proficiency exams should be sent electronically, directly from the testing service.

We do not superscore any English Proficiency exam and score reports cannot be older than two years from the time you apply.

How to Send Official Test Scores

Duolingo English Test (DET)

Minimum accepted score: 105+
When submitting your score(s): Search category should be “Undergraduate,” then select “University of Wisconsin–Madison”
Please do not send to offices listed under “Other,” as we are unable to retrieve those scores
The DET should be sent with sub-scores

IELTS

Minimum accepted score: 6.5+
When submitting your score(s): IELTS does not require a code, so please select our account name, “University of Wisconsin, Madison Undergraduate”
Please do not send paper copies of your IELTS scores
We do accept the IELTS Indicator

TOEFL iBT:

Minimum accepted score: 80+
When submitting your score(s): TOEFL test code is 1846
We do not accept “MyBest” score from TOEFL nor any English Proficiency exam
For each TOEFL you submit, we will require the full score report
We do not accept the TOEFL iTP Plus for China, but we will accept the iBT Special Home Edition

If you feel that you qualify for an English Proficiency Exam waiver based upon the requirements above, please submit all required transcripts to our office. Other test scores such as ACT, SAT, or AP (Advanced Placement) scores do not meet the requirements for a waiver. Once your transcripts are received in our office (are no longer displayed on your to-do list in your Student Center), we will determine your waiver eligibility. Waivers will not be processed prior to receipt of both the admissions application and transcripts.

Career Opportunities after Completing Economics, B.A.

Academic Advising

Academic advising, along with general information about the undergraduate major and coursework, is available in Room 7238 of the Social Science Building. Find us on the campus map.
Email: [email protected]
Phone: 608-262-6925

Economics Career Development Office

The Economics Career Development Office (ECDO) provides career advising to help economics students explore career options and search for jobs and internships including reviewing application materials (cover letter and resume). Career advisors work with students to develop an individualized job.internship search strategy based on the student's background and career goals. Career advising is open to declared economics majors or anyone considering majoring in economics who would like economics-specific career advice. Set up an appointment or email your questions to [email protected]

Preparation for Ph.D. Programs in Economics

Students interested in pursuing graduate study should pursue Option B (mathematical emphasis) and augment the standard curriculum with higher-level mathematics and statistics courses. These may include:

Course List
Code	Title	Credits
MATH/STAT 309	Introduction to Probability and Mathematical Statistics I
MATH/STAT 310	Introduction to Probability and Mathematical Statistics II
MATH 421	The Theory of Single Variable Calculus
MATH/STAT 431	Introduction to the Theory of Probability
MATH 521	Analysis I
MATH 522	Analysis II
MATH/I SY E/OTM/STAT 632	Introduction to Stochastic Processes

It is important to consult early in the second year with the undergraduate advisor and/or the faculty member that directs the undergraduate program to design a plan of coursework.

Directed Study

Directed Study (ECON 698, ECON 699) enables advanced students to pursue economic topics not covered in the regular course offerings. A student interested in Directed Study should prepare a research proposal and/or reading list; specific course requirements are arranged with an instructor who agrees to supervise the directed study project. Enrollment requires the consent of the instructor; a GPA of 3.00 or above in ECON; completion of the Intermediate economic theory courses (ECON 301 & ECON 302); at least one Advanced ECON course; and completion of the department's Directed Study form, available in 7238 Social Science.

Internships

Students can earn 1 credit for approved internships appropriate to the study of economics under course ECON 228. Students must enroll for ECON 228 in the same semester/session in which the internship is granted. Students should work a minimum of 100 hours per term. Prerequisites are declaration in the major economics major; a major GPA of 2.200 or higher; completion of at least four ECON courses at UW–Madison; completion of at least one Intermediate Theory course (ECON 301 & ECON 302); a completed application; and departmental approval.

L&S career resources

SuccessWorks at the College of Letters & Science helps students leverage the academic skills learned in their major, certificates, and liberal arts degree; explore and try out different career paths; participate in internships; prepare for the job search and/or graduate school applications; and network with professionals in the field (alumni and employers). In short, SuccessWorks helps students in the College of Letters & Science discover themselves, find opportunities, and develop the skills they need for success after graduation.

SuccessWorks can also assist students in career advising, résumé and cover letter writing, networking opportunities, and interview skills, as well as course offerings for undergraduates to begin their career exploration early in their undergraduate career.

Students should set up their profiles in Handshake to take care of everything they need to explore career events, manage their campus interviews, and apply to jobs and internships from 200,000+ employers around the country.

SuccessWorks
Set up a career advising appointment
INTER-LS 210 L&S Career Development: Taking Initiative (1 credit, targeted to first- and second-year students)—for more information, see Inter-LS 210: Career Development, Taking Initiative
INTER-LS 215 Communicating About Careers (3 credits, fulfills Com B General Education Requirement)
Handshake
Learn how we’re transforming career preparation: L&S Career Initiative

Tuition and Fee Information for Economics, B.A. at University of Wisconsin Madison

Application Fee 60

How to Apply for Economics, B.A. at University of Wisconsin Madison

Every year, we are fortunate to receive thousands of applications from a diverse range of students who are incredibly bright, engaged, and passionate. They have challenged themselves and those around them to make a difference in the world. They know that the University of Wisconsin–Madison is their next step toward something extraordinary—a place where they can lead, make discoveries, tackle key issues, gain knowledge, and establish lifelong friendships.

Starting on August 1 every year, you can begin applying to the University of Wisconsin–Madison.

The following deadlines pertain to both domestic and international applicants.

Applications and all required application materials must arrive in our office by 11:59 p.m. Pacific time on the noted deadline dates.

We cannot begin to review your application until all required materials are received.

We strongly recommend that you apply with an email that is not affiliated with your high school and that you check often. This will ensure that you have continued access to your email account after graduation from high school.

You can apply using either the Common Application or the UW System Application.

Economics, B.A. at University of Wisconsin Madison

University of Wisconsin Madison

United States of America, Madison