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Online B.A. in Economics

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100% Online

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120 Credits

$400-$500/cr.

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Fall & Spring Entry Terms

About the Program

UMaine is ranked #88 in Best Online Bachelor’s Programs for Veterans by U.S. News & World Report.

The online B.A. in Economics provides a broad coverage of economic concepts and methods. You’ll develop strong analytical and critical thinking skills for successful careers in economics, business, law, public administration, public policy, and many other fields.

The program is flexible enough to pursue a minor or double major in another discipline.

Contact Us

Have questions about earning your B.A. in Economics online with UMaine? Contact a UMaineOnline advisor.

Tessa Smith, M.S.

UMaineOnline Advisor

802.276.0474
tessa.r.smith@maine.edu

Schedule a Meeting

Student Experiences

With the flexibility of an online format, I’ve been able to continue my job as an educator in the K-12 system and also develop my analytical skills to give me more options for future careers.
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Aidan

3rd Grade Teacher

I’ve been set up for success in getting my degree so I can move into higher-level roles where I can utilize my economics knowledge and skill set.
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Collin

Leadership Development Consultant

Curriculum

Our curriculum develops in-demand professional skills through data analysis exercises, exploring real-world issues, and solving problems that build critical thinking skills.

You’ll take a core set of classes in microeconomics, macroeconomics, and data analysis. Other Economics courses and general electives set your degree apart.

All students must also complete the general education requirements. The complete degree requirements are in the undergraduate catalog.

The following courses are required (15 credits):

ECO 120: Principles of Microeconomics (3 credits)
ECO 121: Principles of Macroeconomics (3 credits)
ECO 220: Intermediate Microeconomics Theory (3 credits)
ECO 221: Intermediate Macroeconomics (3 credits)
ECO 266: Principles of Economic Data Analysis (3 credits)

Choose three economics courses with a minimum of 9 credits at the 300 level or higher and 3 of these credits at the 400 level or higher (15 credits). Popular course options include, but are not limited to:

ECO 105: Environmental Policy (3 credits)
ECO 154: Small Business Economics and Management (3 credits)
ECO 160: Freakonomics (3 credits)
ECO 377: Environmental Economics and Policy (3 credits)
ECO 391: Introduction to Growth and Development (3 credits)
ECO 442: Health Economics (3 credits)
ECO 426: Regional Economics Policy and Practice (3 credits)

Choose one mathematics course (3-4 credits) and one statistics course (3-4 credits). Course options include, but are not limited to:

MAT 115: Applied Mathematics for Business and Economics (3 credits)
MAT 116: Introduction to Calculus (3 credits)
MAT 122: Precalculus (4 credits)
MAT 126: Calculus I (4 credits)
STS 132: Principles of Statistical Inference (3 credits)
STS 215: Introduction to Statistics for Business and Economics (3 credits)

The following course is required (3 credits):

ECO 489: Senior Capstone or Equivalent Capstone (3 credits)

Admissions

Students interested in transferring to UMaine are encouraged to complete an admissions application early in the semester before the semester they are planning to transfer. Suggested timelines, application forms, and information about the transfer process can be found on the UMaine Transfer Admission web page.

UMaine makes it easy to apply — on your terms. Apply online at go.umaine.edu/apply.

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Careers

Economics is a great major if you’re looking for a career in banking or financial services, consulting, government, non-profits, law, or any field that needs strong critical thinking and data analysis skills.

Common career paths for economics graduates include:

Economist
Statistician
Data Scientist
Research Analyst
Risk Analyst
Policy Advisor
Cost-Benefit Analyst
Accountant
International Trade Analyst
Financial Consultant, Analyst, or Planner
Investment Analyst

Economics is a top-paying major nationally, and Economics majors are among the top earners at UMaine. Success in the job market is due to the analytical, quantitative, and computing skills students develop.

Strong faculty networks with diverse organizations and alumni help identify work opportunities upon graduation. Learn more about the careers of some of the School of Economics alumni at umaine.edu/soe/alumni-employment.

According to the U.S. Bureau of Labor Statistics (BLS), the employment of economists is projected to grow 6% from 2022 to 2032, faster than average, with about 1,200 openings per year. The median annual wage for economists was $115,730 in May 2023, higher than the median yearly wage for all occupations of $48,060.

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