B.A. in Economics

Bachelor of Arts in Economics

Economics examines the way in which individuals and societies choose to manage their scarce resources to help understand the world around us. Our 100% online B.A. in Economics provides students with strong analytical and critical thinking skills necessary for economics, business, and other fields, such as law, public administration, and public policy.

Why UMaineOnline

  • Flexible – Available 100% online so you earn your degree on your schedule from anywhere
  • Personal – Small classes encourage direct and extensive engagement between faculty and students
  • Gain Professional Experience – We encourage students to pursue their interests by supporting research experiences with faculty
  • Student Support – Advisors are there to help you meet your goals from application to graduation


Our curriculum develops critical professional skills through service-learning courses, data analysis exercises, career development activities, the exploration of real-world problems, and active research.

Students must have a minimum of a 2.0 GPA in all economics (ECO) courses taken to meet the degree’s requirements.

All students must also complete the general education requirements.

Core Courses

The following core courses are required (15 credits). Students must obtain grades of C- or better in all core courses.

  • ECO 120: Principles of Microeconomics (3 credits)
  • ECO 121: Principles of Macroeconomics (3 credits)
  • ECO 266: Principles of Economic Data Analysis (3 credits)
  • ECO 321: Intermediate Macroeconomics (3 credits)
  • ECO 350: Intermediate Microeconomics (3 credits)


Seven economics elective courses are required (21 credits). Two of the economics electives must be at the 400 level or above and a third must be at the 300 level. One non-economics course can be taken with your advisor’s approval. Common non-economics course subjects include political science, business, psychology, environmental studies, international affairs, computer information systems, and public health.


Students must obtain a C or better.

  • ECO 489: Senior Capstone or Equivalent Capstone

Minor and Double-Major

Students earning a B.A. in Economics must complete a minor or double-major. The University of Maine currently offers the following 100% online programs:


Admissions to the online B.A. in Economics program are the same as on-campus programs. To learn about what’s needed to apply and the admissions process, visit the Undergraduate Admissions website.

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Contact Us

Have questions about earning your B.A. in Economics online with UMaine? Contact Tiffany Peterson, UMaineOnline advisor, at 207.581.5858 or at umaineonline@maine.edu.

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A primary goal of economics is to improve societal outcomes through careful analysis leading to effective decisions or policies. These skills are in high demand by employers and enhance lifetime earning potential.

“An economics degree provides strong data and analytical skills to help businesses – large and small – increase their productivity and profits. The emphasis that an economics degree places on examining markets and policies help economics majors find jobs in government agencies, consulting firms, and non-profits. According to figures from the U.S. Department of Commerce, economics majors aged 25 to 29 years old earn a median salary of $65,000 per year, which well exceeds the median annual earnings of $50,500 across all undergraduate degrees.”

 – Professor Todd Gabe, Ph.D.

Our graduates are thriving professionally at highly-respected organizations in Maine, cities across the United States, and internationally. Strong faculty networks with diverse organizations and alumni help students identify work opportunities upon graduation. Learn more about the careers of some of the School of Economics alumni at umaine.edu/soe/alumni-employment.


At UMaine’s School of Economics (SOE), you’ll learn from professors who conduct cutting-edge research and are internationally recognized for their expertise. Our faculty are passionate about online teaching and foster thought-provoking virtual learning environments.

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