BA Economics

4 Years On Campus Bachelors Program

University of New Mexico

Program Overview

The BA in Economics at the University of New Mexico offers a comprehensive understanding of economic principles and their application in real-world scenarios. This program is ideal for students who are analytical thinkers and are passionate about understanding how economic systems influence society and individual behavior.

Curriculum Structure

In the first year, students will lay a solid foundation in economics with courses such as "Principles of Microeconomics" and "Principles of Macroeconomics." These introductory courses will help students grasp the basic concepts of supply and demand, market structures, and the overall functioning of the economy.

During the second year, students delve deeper into economic theories and quantitative methods with courses like "Intermediate Microeconomic Theory" and "Statistics for Economists." This year emphasizes analytical skills, enabling students to evaluate economic models and apply statistical techniques to real-world data.

In the third year, students will explore specialized topics through courses such as "Econometrics" and "International Economics." This stage of the program allows students to analyze economic data and understand global economic interactions, preparing them for advanced studies or professional roles in the field.

In the final year, students can choose from a variety of electives, including "Behavioral Economics" and "Public Economics," allowing them to tailor their education to their interests. This capstone experience encourages students to synthesize their knowledge and apply it to complex economic issues, equipping them for successful careers or further academic pursuits.

Focus Areas: Microeconomics, Macroeconomics, Econometrics, International Economics, Public Policy

Learning Outcomes: Critical thinking, quantitative analysis, economic modeling, data interpretation, policy evaluation

Professional Alignment (Accreditation): The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), ensuring a high standard of education.

Reputation (Employability Rankings): The University of New Mexico consistently ranks well in employability, with graduates finding success in various sectors, as noted by QS World University Rankings.

For more information about the BA in Economics program, please visit [University of New Mexico Economics Program](https://www.unm.edu).

Experiential Learning (Research, Projects, Internships etc.)

At the University of New Mexico, the BA in Economics program is designed to provide students with a robust foundation in economic theory while also emphasizing practical skills that are essential in today’s job market. Students engage in experiential learning through various hands-on opportunities, including internships, collaborative projects, and access to state-of-the-art facilities. This approach not only enhances understanding of economic concepts but also prepares students for real-world challenges.

Here are some key aspects of experiential learning in the BA Economics program at UNM:

- Internships: Students have the opportunity to participate in internships with local businesses, government agencies, and non-profits, allowing them to apply their classroom knowledge in real-world settings.

- Research Opportunities: The Economics Department encourages undergraduate research, providing access to faculty mentorship and resources for conducting independent studies.

- Collaborative Projects: Group projects are a staple of the curriculum, fostering teamwork and communication skills while tackling real economic issues.

- Software and Digital Tools: Students gain proficiency in essential software such as STATA and R, which are widely used in economic analysis and data management.

- Field Trips: The program includes field trips to local economic institutions and businesses, giving students firsthand insight into economic operations and policies.

- Libraries and Research Facilities: The UNM libraries offer extensive resources, including access to economic databases and journals, which are crucial for research and coursework.

- Institute for Social Research: This institute provides additional resources and opportunities for students interested in applied economics and social research.

- Economics Lab: The dedicated Economics Lab is equipped with computers and software for data analysis, providing a hands-on environment for students to work on projects and assignments.

These experiential learning opportunities not only enrich the academic experience but also significantly enhance employability after graduation. If you’re looking to gain practical skills while studying economics, the University of New Mexico is an excellent choice.

For more information on the facilities available to students, you can visit the [UNM Facilities List](https://facilities.unm.edu).

Progression & Future Opportunities

Choosing to pursue a BA in Economics at the University of New Mexico opens up a world of opportunities for your future. Graduates from this program often find themselves in rewarding roles such as economic analysts, financial consultants, and policy advisors. The skills and knowledge you gain will not only prepare you for immediate employment but also set a strong foundation for long-term career success:

- University Services: The Career Services Center offers personalized career counseling, resume workshops, and interview preparation to help you stand out in the job market. Additionally, the Business and Economic Research Center provides real-world experience through research projects.

- Employment Stats and Salary Figures: According to recent data, over 90% of graduates from the Economics program secure employment within six months of graduation, with starting salaries averaging around $55,000 per year.

- University–Industry Partnerships: The University of New Mexico has established partnerships with local businesses and government agencies, providing students with internship opportunities that can lead to full-time positions after graduation.

- Long-term Accreditation Value: The Economics program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), ensuring that your degree holds value in the job market and is recognized by employers worldwide.

- Graduation Outcomes: Alumni of the program have gone on to work for prestigious organizations such as the Federal Reserve, Deloitte, and various non-profit organizations, showcasing the diverse career paths available to you.

Further Academic Progression: After completing your BA in Economics, you may choose to further your studies by pursuing a Master’s degree in Economics, Business Administration, or Public Policy. The University of New Mexico also offers a range of graduate programs that can enhance your expertise and career prospects, allowing you to specialize in areas such as international economics or data analysis. This continued education can significantly increase your earning potential and open doors to leadership roles in your field.

Embarking on this academic journey at the University of New Mexico will not only equip you with essential skills but also connect you with a network of professionals and resources that will support your career aspirations.