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BS in Economics

ISC - James Madison University, United States
BS in Economics
Next enrollment cycle May 2024 See all cycles
First Year Fee KES 4,635,435
Course Accredited By AACSB
4 Years On Campus Undergraduate Degree Up to 6% scholarship

As part of the nationally recognized JMU College of Business, the economics major fosters an understanding and appreciation of economic forms of explanation and their relationships to other social sciences.

The major will provide students with an intellectual foundation for the appreciation and understanding of economic theory and policy that stresses the importance of imaginative thinking, free inquiry and the pursuit of life-long learning. In this way, the program prepares students with the economic literacy necessary to cope with the challenges inherent in a world of accelerating change.

Economics majors are generally educated students, who go on to develop their analytical, investigative and research skills. With this major, students will use their understanding of economics relationships and markets to work for manufacturing firms, financial services firms, consulting firms, the health care industries, government agencies and nonprofit organizations. Economists with strong statistical backgrounds conduct research, analyze data and develop forecasts. Students with a good background in this field are competitive in the job market.

Enrollment Cycles

  • May 2024
  • August 2024

Entry Requirements

Undergraduate
International Year (3 semesters) Intensive English Program (IEP) (1 semester)

  • TOEFL (iBT) 45 overall
  • IELTS 4.5 overall
  • Pearson (PTE) Not Accepted
  • Pearson Versant 41-42
  • Duolingo 65
  • Gao Kao English 75/120: 95/150
  • GPA: Undergraduate: 2.25 for International Year
    Up to 28 credits toward degree

International Year (3 semesters)

  • TOEFL (iBT) 50 overall
  • IELTS 5.0 overall
  • Pearson (PTE) 42
  • Pearson Versant 43-47
  • Duolingo 75
  • Gao Kao English 77/120; 99/150
  • GPA: Undergraduate: 2.25 for International Year
    Up to 27 credits toward degree

International Year (2 semesters)

  • TOEFL (iBT) 60 overall
  • IELTS 5.5 overall
  • Pearson (PTE) 45
  • Pearson Versant 48-54
  • Duolingo 85
  • Gao Kao English 83/120; 105/150
  • GPA: Undergraduate: 2.25 for International Year
    Up to 27 credits toward degree

International Year (1 semester)

  • TOEFL (iBT) 80 overall OR SAT with minimum score in critical reading of 500 is accepted in place of qualifying IELTS or TOEFL score
  • IELTS 6.5 overall OR SAT with minimum score in critical reading of 500 is accepted in place of qualifying IELTS or TOEFL score
  • Pearson (PTE) 58
  • Pearson Versant 64 or higher
  • Duolingo 105
  • Gao Kao English 95/120: 115/150
  • GPA: Undergraduate: 2.25 for International Year
    Up to 27 credits toward degree

Direct Admission

  • TOEFL (iBT) 80 overall OR SAT with minimum score in critical reading of 500 is accepted in place of qualifying IELTS or TOEFL score
  • IELTS 6.5 overall OR SAT with minimum score in critical reading of 500 is accepted in place of qualifying IELTS or TOEFL score
  • Pearson (PTE) 58
  • Pearson Versant 64 or higher
  • Duolingo 105
  • Gao Kao English Not Accepted
  • GPA: Undergraduate: 2.5 for Direct Admission

Requirements For All ECON Degrees:
ECON 200 – Introduction To Macroeconomics*
ECON 201 – Introduction To Microeconomics*
COB 191 Or MATH 220 – Statistics*
COB 291 Or ECON 284 – Quantitative Methods
MATH 205 Or MATH 235 – Calculus*
ECON 284
ECON 331 – Intermediate Microeconomic Theory**
ECON 332 – Intermediate Macroeconomic Theory**
ECON 385 – Econometrics**
ECON 488 – Senior Capstone Seminar In Economics
ECON Electives (15 Credit Hours) Selected In Consultation With Advisor
120 Credit Hours Minimum
60 Credit Hours From A 4-Year University
2.0 Or Higher Cumulative GPA
2.0 Or Higher Major GPA
* Prerequisites For ECON 331, ECON 332 And ECON 385 With Minimum Of “C”
** Minimum “C” Or Better Required To Take ECON 490

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