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Bachelor of Science in Economics - Mathematical Economics

How should we decide what to do with scarce resources in our fast-paced and rapidly changing society? The economics degree with a concentration in mathematical economics at the ¸»¶þ´úÊÓƵ develops your analytical and critical thinking abilities for the modern workplace and graduate school while challenging you with rigorous, in-depth courses focusing on modern economic theory.

Why Study Economics at St. Thomas?

Our program offers a breadth of courses focusing on topics ranging from econometrics to game theory. We teach you to develop not only the quantitative skills you need to understand the information you work with, but also the qualitative skills to communicate effectively about strategic decisions. Many of our graduates go on to pursue advanced degrees in the discipline and are now ¸»¶þ´úÊÓƵ professors. Other alumni have chosen to pursue careers in areas such as consulting, public policy, international studies and data science.

Decisions, Decisions

  • Course Requirements
  • Four-Year Plan
  • Other Economics Degrees Awarded
  • Internships
  • Tutoring
  • Course Requirements

    You complete courses providing the necessary foundations in economic theory and analysis while developing your quantitative skills with courses in mathematics and statistics. Plus, you choose your electives so you can pursue topics you find interesting.

    Four-Year Plan

    You start out focusing on macro and microeconomics, the foundational principles of economics. From there, you have the freedom to choose from courses based on your personal interests.

    Other Economics Degrees Awarded

    Internships

    Local companies and organizations actively recruit economics majors at St. Thomas for internships, some of which have offered interns full-time employment after graduation. These include Medtronic, Target, General Mills, Allianz, Dorsey & Whitney, Merrill Lynch, and U.S. Bank as well government agencies like the U.S. Treasury and the Minnesota Department of Revenue. The Department of Economics forwards opportunities sent by alumni at these companies to current economics students!

    Tutoring

    The Department of Economics offers student tutoring services to any student in a Principles of Economics course. These tutoring options are complementary and done on a drop-in basis.

    Course Requirements

    Course Requirements

    You complete courses providing the necessary foundations in economic theory and analysis while developing your quantitative skills with courses in mathematics and statistics. Plus, you choose your electives so you can pursue topics you find interesting.

    Four-Year Plan

    Four-Year Plan

    You start out focusing on macro and microeconomics, the foundational principles of economics. From there, you have the freedom to choose from courses based on your personal interests.

    Internships

    Internships

    Local companies and organizations actively recruit economics majors at St. Thomas for internships, some of which have offered interns full-time employment after graduation. These include Medtronic, Target, General Mills, Allianz, Dorsey & Whitney, Merrill Lynch, and U.S. Bank as well government agencies like the U.S. Treasury and the Minnesota Department of Revenue. The Department of Economics forwards opportunities sent by alumni at these companies to current economics students!

    Tutoring

    Tutoring

    The Department of Economics offers student tutoring services to any student in a Principles of Economics course. These tutoring options are complementary and done on a drop-in basis.
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    Career Paths

    We give you the tools to analyze complex situations and make informed decisions, whether it is in the workplace or graduate school. Here are some paths our alumni pursued after graduating.

    • Data Scientist – Ovative Group
    • Attorney – Faegre and Benson, LLP
    • Demand Forecast Analyst – Best Buy
    • Business Operations Analyst – U.S. Bank
    • Manager, Competition Economics – KPMG UK
    • PhD program in economics (e.g. Michigan State University, University of North Carolina)

    Scholarships

    David A. Renelt Award

    The David A. Renelt Award honors one outstanding rising senior economics major who best exemplifies the traits of growing intellectual curiosity, high ethical principles, enduring spiritual devotion and endearing congeniality.

    Economics Young Scholars

    We solicit proposals from students pursuing undergraduate economics research projects and provide generous financial support. In addition, we offer limited financial assistance to students applying for graduate study in economics to help cover some of the costs of GRE fees, application fees and campus visit expenses.

    MinneAnalytics Scholarship

    This annual scholarship sponsored by MinneAnalytics is awarded to an undergrad student who display a passion for pursuing a career in analytics and a commitment to engaging with the ¸»¶þ´úÊÓƵ.

    A Plethora of Opportunities

    15

    As the largest economics program out of the private ¸»¶þ´úÊÓƵs and universities in Minnesota, we have 15 dedicated faculty with a variety of expertise and strong interest in working with students.

    $109K

    According to the , the median annual salary earned by economists in 2020 was $109,000.

    Top 10

    Economics is one of the best ¸»¶þ´úÊÓƵ majors according to .

    Get Involved

    Research, student-run clubs and conferences—the possibilities are endless for getting involved at the university and beyond.

    Our faculty are active researchers focusing on a variety of fields. They win government grants, are featured in the New York Times, publish in leading journals and present at global conferences.

    The Economics Club facilitates economic exploration outside of the classroom. Activities include professionals presenting on how they use economics in their careers, and faculty discussing current economic events like tax reform.

    We support students as they pursue research. There is financial assistance for engaging in research and presenting results at conferences. Faculty include students in their projects as research assistants or collaborators.

    Economics student video

    Practical Experiences

    Economics students at St. Thomas have access to a diverse array of opportunities inside and outside of the classroom through research, competitions, dedicated faculty and more. Students use their skills and knowledge to make an impact in their communities every day.

    Take the Next Step

    best-value-logo-2022-transparent.pngThere is more to learn about St. Thomas; including our ranking as a Best Value ¸»¶þ´úÊÓƵ by U.S. News & World Report, the many classroom and extracurricular activities that will be part of your student experience and so much more. Schedule a visit to see our beautiful campus or start your application today.