The Bachelor of Arts in Economics at Stanford University offers a comprehensive exploration of economic theory, quantitative analysis, and public policy, equipping students with the tools to understand and address complex societal issues. It is ideal for students targeting careers in government, private enterprise, or further academic pursuits in economics.
Curriculum Structure
Year 1: Foundational Economics and Quantitative Skills
Students start with ECON 1: Principles of Economics, covering micro and macroeconomics fundamentals. They must also complete MATH 20 or an equivalent course to develop necessary mathematical skills for economic analysis.
Year 2: Intermediate Economic Analysis
Focuses on ECON 50: Economic Analysis I, which covers microeconomic theory and applications, building on the first year's foundation.
Year 3: Advanced Economic Theory and Policy
Students engage in advanced topics such as ECON 101: Introduction to Economic Policy Analysis, emphasizing policy analysis, writing, and presentations. Specialized electives like ECON 178: Behavioral Economics explore theories in behavioral economics.
Year 4: Specialization and Capstone Experience
Students choose electives aligned with career goals and may complete a capstone project or thesis applying their knowledge to real-world economic problems.
Focus Areas:
Microeconomics, Macroeconomics, Econometrics, Public Policy, Behavioral Economics, International Trade, Development Economics, Financial Economics
Learning Outcomes:
Graduates demonstrate comprehensive understanding of economic principles, quantitative analysis skills, and the ability to critically evaluate and communicate economic policies.
Accreditation:
The program is accredited by the Western Association of Schools and Colleges (WASC) and follows Stanford University’s rigorous academic standards.
Reputation:
Consistently ranked among the top global economics programs, known for distinguished faculty and strong industry/government connections.
Stanford’s Economics program integrates theory with real-world applications, offering multiple hands-on learning opportunities:
Undergraduate Research Opportunities Program (UROP):
Collaboration with faculty on ongoing research projects, gaining practical experience in economic analysis and empirical methods.
Stanford Economics Association (SEA):
Student-led organization offering networking, seminars, and career panels with faculty and alumni.
Stanford Economic Review:
Undergraduate publication for economic writing and publishing to hone communication skills.
Fed Challenge:
Team competition simulating monetary policy presentations to Federal Reserve economists.
Honors Program:
Independent research culminating in a thesis, promoting deep academic inquiry and presentation skills.
Stanford Institute for Economic Policy Research (SIEPR):
Opportunities to engage in policy research and economic analysis of current issues.
Bing Overseas Studies Program:
Fieldwork and internships abroad for applying economic knowledge internationally.
High Performance Computing Center Experiential Learning Program:
Work on data-intensive projects using advanced computational tools in economic research.
These experiences are embedded within the curriculum, ensuring students apply theoretical learning practically, preparing them for diverse career paths.
Future Progression & Opportunities
Graduates from Stanford’s BA in Economics program are well-equipped for impactful careers across sectors such as finance, technology, government, and international organisations. Common career roles include:
Career Support:
Career Education (CareerEd):
Personalised advising, workshops, and access to a vast alumni network for tailored career guidance.
Industry Partnerships:
Engagement with leading organisations via Stanford’s Industrial Affiliates Programs enhances research and employment prospects.
Graduate Outcomes:
Though specific statistics for the Economics BA are not detailed, Stanford graduates typically enjoy strong employment outcomes with placements in top firms globally.
Accreditation and Recognition:
The program’s academic rigour is globally respected by employers and academic institutions alike.
Further Academic Progression:
Many graduates pursue advanced degrees at prestigious institutions:
Master’s Degrees: Economics, Public Policy, MBA, JD at Stanford, Harvard, LSE, etc.
PhD Programs: For academic or high-level research careers in economics or related fields.
Stanford’s combination of comprehensive education, extensive experiential learning, and robust career resources provides graduates with a powerful platform for success both in immediate employment and long-term academic advancement.
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