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Economics

The field of economics is very broad and can be applied many ways. Our graduates can do just about anything — government, law school, teaching or finance fields like insurance and banking.

Does the production, consumption, and transfer of wealth excite you? Our Economics program has an excellent reputation in preparing you for a professional careers in academia, government, international organizations, and corporate sector so that your future is just as exciting. 

Economics students learn how to identify the costs, benefits and consequences of a decision. Economists study issues that affect the market, such as criminal behavior, poverty, law, environmental control, population and political behavior. WVU has an excellent record of placing our economics students in government, public companies and prestigious graduate programs.

In economics, students learn how to identify the costs, benefits and consequences of a decision. Government economists assess economic conditions in the U.S. 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. A degree in economics is also highly desirable for students who plan to attend graduate school or law school. The College of Business and Economics has an excellent record of placing economics students in both.

The Department of Economics at West Virginia University has a large number of national and internationally recognized faculty members and doctoral students. Our faculty and graduate students regularly win awards for both their teaching and scholarship. Our large and active doctoral program contributes to the intellectual life of the Chambers College and WVU’s R1 status.

The Department teaches a large number of undergraduate and graduate students. We are committed to provide high quality education at all levels by building a solid foundation in economic theory and empirical analysis that can be used to evaluate business and public policy problems. The Department has an excellent reputation preparing students for their professional careers in academia, government, international organizations, and corporate sector.

Faculty members conduct research in a variety of fields and their work has been published in the most respected journals. The Department has a well-established research tradition in the areas of public economics, political economy, health economics, international trade and development, and urban and regional economics.

The Department has developed several areas of strength including market-based solutions to social and economic problems with its relationship with the Center for Free Enterprise and, through its long relationship with the University's well-known Regional Research Institute, a focus on spatial econometric and regional analysis.

Our Ph.D. Program in Economics currently offers six fields of concentration: health economics, international economics, monetary economics, public economics, regional and urban economics, and resource economics.

The department has substantial ties with several other units across campus. The specialization in the area of resource economics is offered in collaboration with the Division of Agricultural and Resource Economics, and some of our faculty are also associated with the Regional Research Institute.

We have an active research seminar series which brings in many prominent scholars from around the world. These visits give students and faculty the opportunity to stay updated with recent developments in the field, and serve to spread the College’s reputation as an educational institution engaged in high quality teaching and research.

Detailed admission and graduation requirements for the Bachelor of Science degree can be found in the WVU Undergraduate Catalog.


Careers

Many students choose to attend graduate school and place well into graduate programs. Recent graduates have gone on to attend Penn State Law on a full scholarship, intern with the Cleveland Indians and work as chief economist for the city of Quincy, Massachusetts

Wondering what you can do with a degree from WVU's Economics (BS) major? Check out these ideas from WVU Career 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.

  • Bright Outlook
  • Green Occupation
  • Requires a Graduate Degree
  • Business Intelligence Analysts

    Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources. Possible job titles for this career include: Business Intelligence Analyst.

    $86,510 Median Salary

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  • City and Regional Planning Aides

      Compile data from various sources, such as maps, reports, and field and file investigations, for use by city planner in making planning studies. Possible job titles for this career include: Community Planner.

      $43,190 Median Salary

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    • Economics Teachers, Postsecondary

      Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research. Possible job titles for this career include: Economics Professor.

      $95,770 Median Salary

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    • Economists

      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. Possible job titles for this career include: Economic Analyst.

      $101,050 Median Salary

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    • Environmental Economists

      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. Possible job titles for this career include: Environmental Economist.

      $101,050 Median Salary

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    • Financial Analysts

      Conduct quantitative analyses of information affecting investment programs of public or private institutions. Possible job titles for this career include: Analyst.

      $81,760 Median Salary

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    • Financial Examiners

        Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records. Possible job titles for this career include: Credit Union Examiner.

        $79,280 Median Salary

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      • Financial Managers, Branch or Department

        Direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department. Possible job titles for this career include: Banking Center Manager (BCM).

        $121,750 Median Salary

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      • Financial Quantitative Analysts

        Develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments. Possible job titles for this career include: .

        $69,470 Median Salary

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      • Fraud Examiners, Investigators and Analysts

        Obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities. Possible job titles for this career include: Certified Fraud Examiner.

        $69,470 Median Salary

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      • Market Research Analysts and Marketing Specialists

        Research market conditions in local, regional, or national areas, or gather information to determine potential sales of a product or service, or create a marketing campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. Possible job titles for this career include: Market Analyst.

        $62,560 Median Salary

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      • Personal Financial Advisors

        Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. Possible job titles for this career include: Certified Financial Planner (CFP).

        $90,530 Median Salary

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      • Statistical Assistants

          Compile and compute data according to statistical formulas for use in statistical studies. May perform actuarial computations and compile charts and graphs for use by actuaries. Includes actuarial clerks. Possible job titles for this career include: Actuarial Assistant.

          $46,850 Median Salary

          Learn More

        This page includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license.

        Employers

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        Cost and Aid

        How much does Economics (BS) at WVU cost? And how can you save?

        Tuition and Fees

        Estimated rates for the 2018-19 academic year. Rates are subject to change. Anyone that is not a current West Virginia resident will be charged non-resident rates. That includes international students.

        West Virginia Resident

        Per Credit - $428

        Per Semester - $5,136

        Fall and Spring Semesters - $10,272

        Non-Resident

        Per Credit - $1,126

        Per Semester - $13,512

        Fall and Spring Semesters - $27,024

        International

        Per Credit - $1,126

        Per Semester - $13,812

        Fall and Spring Semesters - $27,624

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