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Michigan State’s B.S. in Economics offers a rigorous blend of economic theory, mathematics, statistics, and computer science that prepares students for advanced study or technical roles in the public and private sectors. Ideal for analytically minded students, the program fosters deep understanding of both domestic and global economies while sharpening data-driven decision-making skills .
Curriculum Structure
First–Second Year
Early coursework builds a strong foundation in economic thinking with EC 201 Introduction to Microeconomics and EC 202 Introduction to Macroeconomics, supported by Calculus I (MTH 132 or Honors) and introductory statistics courses. These shape your quantitative understanding and provide exposure to foundational economic models and analytical tools
Third Year
You’ll advance into EC 301 Intermediate Microeconomics and EC 302 Intermediate Macroeconomics, diving deeper into theory and policy applications. EC 420 Introduction to Econometric Methods sharpens your skills in statistical modeling and data analysis—essential for empirical economic research
Fourth Year
As a senior, you select from upper-level electives—such as EC 401 Advanced Microeconomics, EC 421 Advanced Econometric Methods, EC 440 International Trade, and EC 450 Environmental Policy—tailoring your focus toward markets, international economics, and policy analysis. You’ll also complete a Tier II writing-intensive course like EC 499 Senior Seminar, where you’ll craft and present original economic research
Focus areas
“Microeconomics, Macroeconomics, Econometrics, International, Public, Environmental, Labor, Health & Development economics”
Learning outcomes
“Apply theoretical and quantitative tools to analyze economic issues, conduct empirical data analysis, interpret economic research, and communicate policy-relevant findings effectively.”
Professional alignment (accreditation)
Aligned with the College of Social Science requirements, the program emphasizes analytic rigor, quantitative methods, and writing-intensive coursework—all of which align with standards of the American Economic Association for undergraduate training
Reputation (employability rankings)
MSU ranks among the top 10 % of U.S. institutions for economics, securing #34 out of 407 according to College Factual—second in Michigan. Graduates earn a median salary of $54,000, above the national average for econ majors
Why MSU’s Economics B.S. is a standout:
Strong quantitative emphasis, ideal preparation for data-driven careers or graduate study.
Tailored electives and writing seminars let you shape your interests and develop real-world skills.
Solid reputation and outcomes—excellent rankings, competitive salaries, and robust alumni success.
Choosing the BS in Economics at Michigan State University means you’ll gain solid practical skills by working directly with economic data, using advanced software, and participating in real-world research and projects. MSU’s program is designed to prepare you with hands-on experience that employers and graduate schools highly value. The facilities and resources available help ensure you’re ready to tackle complex economic challenges.
Here’s how experiential learning is built into the MSU Economics program:
Advanced Software Tools: Learn to use Stata, R, and Excel for data analysis and economic modeling in dedicated computer labs.
Collaborative Group Projects: Engage in team assignments that develop problem-solving and communication skills.
Undergraduate Research: Opportunities to work with faculty on cutting-edge economic research projects.
Internships and Career Services: Connect with internships in government, business, and nonprofit sectors via MSU’s Career Services.
MSU Libraries: Access to extensive economic databases and journals to support your coursework and research.
Guest Lectures and Workshops: Regular events featuring economists, policymakers, and industry leaders.
Broad College Facilities: Specialized labs and resources designed to support economics and social science studies.
Graduates of the BS in Economics at Michigan State University (MSU) are well-prepared for a variety of careers, including economic analyst, financial consultant, policy advisor, and data analyst. The program's strong emphasis on quantitative skills and analytical thinking equips students to excel in sectors such as finance, government, consulting, and research.
Here's how MSU supports your career development:
Career Services Network: MSU provides comprehensive career support through its Career Services Network, offering personalized advising, resume workshops, interview preparation, and access to job and internship opportunities via platforms like Handshake.
Employment Outcomes: According to the Career Services Network, MSU graduates report strong employment outcomes, with many securing positions in their field of study within six months of graduation.
Industry Partnerships: MSU's Innovation Center facilitates collaborations between the university and industry partners, providing students with opportunities for internships, research projects, and networking events that enhance their career prospects.
Accreditation: MSU is accredited by the Higher Learning Commission, ensuring that the BS in Economics program meets high academic standards and is recognized nationally.
Research Opportunities: The Department of Economics offers students the chance to engage in research projects, providing valuable experience that can enhance employability and prepare students for graduate studies.
Official high school transcripts, Marksheets and Certificates, TOEFL-IBT-79, PBT-550/IELTS-6.5/MELAB-80 for nonnative English speakers.Economist – Analyze economic data and trends to advise government agencies private corporations or consulting firms on policy markets or business strategyInvestment Banking Analyst – Support capital raising mergers and acquisitions and financial transactions by building detailed financial models and conducting valuations at investment banksData Analyst or Data Scientist – Use programming languages like Python R and SQL and statistical techniques to analyze large datasets and provide actionable insights for business or policy decisionsActuary – Combine economics statistics and mathematics to assess and manage financial risks for insurance companies pension funds and financial service firmsManagement Consultant – Advise organizations across industries on operational efficiency market entry and strategic challenges to improve overall performanceFinancial Analyst – Evaluate company financial statements market conditions and investment opportunities to guide corporate finance portfolio management or banking decisionsPolicy Analyst – Research and assess public policies related to economics labor health or education for think tanks NGOs or government agenciesQuantitative Analyst or Econometrician – Apply advanced quantitative methods and econometric models to forecast economic outcomes and guide investment or policy decisionsCertified Public Accountant CPA – Provide auditing tax planning and financial consulting services combine economic understanding with regulatory compliance in accounting firms or corporationsEconomic Researcher – Conduct academic or applied research for universities government bodies like the Federal Reserve or Bureau of Labor Statistics or international organizationsMarketing Analyst – Analyze consumer data and market trends to optimize pricing strategies product launches and promotional campaigns for corporationsFinancial Risk Analyst – Identify and quantify financial risks in banking insurance or corporate finance to develop risk mitigation strategiesInternational Development Specialist – Work on economic development projects focused on poverty reduction trade or policy reform for international agencies like USAID or the World BankFederal Reserve Analyst or Central Banker – Support monetary policy economic research and financial regulation to promote economic stability and growth at regional Federal Reserve Banks or the Board of GovernorsEntrepreneur or Startup Founder – Leverage economic principles to build businesses especially in sectors like fintech healthtech or analytics-driven platforms
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