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BA in Economics

Shorelight - American University, United States

ba-in-economics

Next enrollment cycle

July 2023

See all cycles

First Year Course Fee

USD 54,354

Course Accredited By

MSCHE

  • 4 Years
  • On Campus
  • Undergraduate
  • Degree
  • Up to 30% scholarship
The American University Department of Economics supports a pluralist approach to economics that embraces mainstream and heterodox perspectives and emphasizes policy applications.
  • We believe that theoretical understanding, empirical investigation, and policy analysis are enriched by study of the evolution of economic ideas and economic institutions.

Enrollment Cycles

  • July 2023
  • December 2023
  • March 2024
  • Kenya Certificate of Secondary Education (KCSE)
  • Undergraduate AAP 2 Terms B-/8
  • Undergraduate AAPA 2 Terms B-/8
  • Undergraduate EAP 3 Terms B-/8

Bachelor's Degree

  • Undergraduate PS AAP 2 Terms Second Class Honours, Lower C Satisfactory, 55%
  • Undergraduate PS AAPA 2 Terms Second Class Honours, Lower C Satisfactory, 55%
  • Undergraduate PS EAP 3 Terms Second Class Honours, Lower C Satisfactory, 55%

English Requirements Certificate

IELTS

  • PSE (2 Terms) 4.5
  • PSE (1 Term) 5
  • EAP (3 Terms) 5.5 no sub-score below 5.0
  • AAP (2 Terms) 6 With no sub-score below 5.5
  • AAP Advanced (2 Terms) 6.5 With at least one sub-score of 5.5 and no sub- score below 5.5
  • SE (1 Term) 6.5 no sub-score below 6

TOEFL

  • PSE (2 Terms) 50 – 59
  • PSE (1 Term) 60 – 67
  • EAP (3 Terms) 68 no sub-score below 14
  • AAP (2 Terms) 74 with all sub-scores above 15 and at least one sub-score below 20
  • AAP Advanced (2 Terms) 80 with at least one sub-score below 20 but above 17 (minimum subscore required).
  • SE (1 Term) 85 No sub-score below 20

Duolingo

  • PSE (2 Terms) 70
  • PSE (1 Term) 80
  • EAP (3 Terms) 90 No sub-score below 80 (subscores effective Fall 21)
  • AAP (2 Terms) 100 No sub-score below 90 (sub-scores effective Fall 21)
  • AAP Advanced (2 Terms) 110 No sub-score below 100 (sub-scores effective Fall 21)
  • SE (1 Term) NA

Uganda

  •  Advanced Certificate of Education with a minimum of 2 Principal Passing grades of D or higher and at least 1 subsidiary pass in a college preparatory subject. In addition, Uganda Certificate of Education with a C (7) average or higher or General Certificate of Education Level (O Level) Examination Certificate with 5 academic subjects passed is required
  • Undergraduate AAP 2 Terms B5 and C's (2)
  • Undergraduate AAPA 2 Terms B5 C's (2)
  • Undergraduate EAP 3 Terms B5 C's (2)
  • Bachelor's degree, including Bachelor of Medicine or Bachelor of Surgery; Postgraduate and professional diploma or certificate
  • Undergraduate PS AAP 2 Terms 70, Class 2 Honors Upper
  • Undergraduate PS AAPA 2 Terms 70, Class 2 Honors Upper
  • Undergraduate PS EAP 3 Terms 70, Class 2 Honors Upper

English Requirements Certificate
IELTS

  • PSE (2 Terms) 4.5
  • PSE (1 Term) 5
  • EAP (3 Terms) 5.5 no sub-score below 5.0
  • AAP (2 Terms) 6 With no sub-score below 5.5
  • AAP Advanced (2 Terms) 6.5 With at least one sub-score of 5.5 and no sub- score below 5.5
  • SE (1 Term) 6.5 no sub-score below 6

TOEFL

  • PSE (2 Terms) 50 – 59
  • PSE (1 Term) 60 – 67
  • EAP (3 Terms) 68 no sub-score below 14
  • AAP (2 Terms) 74 with all sub-scores above 15 and at least one sub-score below 20
  • AAP Advanced (2 Terms) 80 with at least one sub-score below 20 but above 17 (minimum subscore required).
  • SE (1 Term) 85 No sub-score below 20

Duolingo

  • PSE (2 Terms) 70
  • PSE (1 Term) 80
  • EAP (3 Terms) 90 No sub-score below 80 (subscores effective Fall 21)
  • AAP (2 Terms) 100 No sub-score below 90 (sub-scores effective Fall 21)
  • AAP Advanced (2 Terms) 110 No sub-score below 100 (sub-scores effective Fall 21)
  • SE (1 Term) NA

TANZANIA

  • Certificate of Secondary Education (CSE)
  • Undergraduate AAP 2 Terms D/4
  • Undergraduate AAPA 2 Terms D/4
  • Undergraduate EAP 3 Terms D/4

English Requirements Certificate

IELTS

  • PSE (2 Terms) 4.5
  • PSE (1 Term) 5
  • EAP (3 Terms) 5.5 no sub-score below 5.0
  • AAP (2 Terms) 6 With no sub-score below 5.5
  • AAP Advanced (2 Terms) 6.5 With at least one sub-score of 5.5 and no sub- score below 5.5
  • SE (1 Term) 6.5 no sub-score below 6

TOEFL

  • PSE (2 Terms) 50 – 59
  • PSE (1 Term) 60 – 67
  • EAP (3 Terms) 68 no sub-score below 14
  • AAP (2 Terms) 74 with all sub-scores above 15 and at least one sub-score below 20
  • AAP Advanced (2 Terms) 80 with at least one sub-score below 20 but above 17 (minimum subscore required).
  • SE (1 Term) 85 No sub-score below 20

Duolingo

  • PSE (2 Terms) 70
  • PSE (1 Term) 80
  • EAP (3 Terms) 90 No sub-score below 80 (subscores effective Fall 21)
  • AAP (2 Terms) 100 No sub-score below 90 (sub-scores effective Fall 21)
  • AAP Advanced (2 Terms) 110 No sub-score below 100 (sub-scores effective Fall 21)
  • SE (1 Term) NA

United Kingdom

  • See GCE criteria
  • Undergraduate AAP 2 Terms GCE
  • Undergraduate AAPA 2 Terms GCE
  • Undergraduate EAP 3 Terms GCE
  • Bachelor's degree; Diploma in Technology or Technological Engineering or Arts and Design
    Undergraduate PS AAP 2 Terms 60, Second Class (lower division)
  • Undergraduate PS AAPA 2 Terms 60, Second Class (lower division)
  • Undergraduate PS EAP 3 Terms 60, Second Class (lower division)

English Requirements Certificate

IELTS

  • PSE (2 Terms) 4.5
  • PSE (1 Term) 5
  • EAP (3 Terms) 5.5 no sub-score below 5.0
  • AAP (2 Terms) 6 With no sub-score below 5.5
  • AAP Advanced (2 Terms) 6.5 With at least one sub-score of 5.5 and no sub- score below 5.5
  • SE (1 Term) 6.5 no sub-score below 6

TOEFL

  • PSE (2 Terms) 50 – 59
  • PSE (1 Term) 60 – 67
  • EAP (3 Terms) 68 no sub-score below 14
  • AAP (2 Terms) 74 with all sub-scores above 15 and at least one sub-score below 20
  • AAP Advanced (2 Terms) 80 with at least one sub-score below 20 but above 17 (minimum subscore required).
  • SE (1 Term) 85 No sub-score below 20

Duolingo

  • PSE (2 Terms) 70
  • PSE (1 Term) 80
  • EAP (3 Terms) 90 No sub-score below 80 (subscores effective Fall 21)
  • AAP (2 Terms) 100 No sub-score below 90 (sub-scores effective Fall 21)
  • AAP Advanced (2 Terms) 110 No sub-score below 100 (sub-scores effective Fall 21)
  • SE (1 Term) NA

GCSE/IGCSE/GCE O-LEVEL

  • 5 College Preparatory subjects passed; Students must also meet the GCE A/AS Level
  • requirement after completing IGCSEs
  • Undergraduate AAP 2 Terms C or 4
  • Undergraduate EAP 3 Terms C or 4
  • 5 College Preparatory subjects must be passed; Students must also meet the GCE A/AS Level requirement after completing IGCSEs
  • Undergraduate AAPA 2 Terms C or 4

English Requirements Certificate

IELTS

  • PSE (2 Terms) 4.5
  • PSE (1 Term) 5
  • EAP (3 Terms) 5.5 no sub-score below 5.0
  • AAP (2 Terms) 6 With no sub-score below 5.5
  • AAP Advanced (2 Terms) 6.5 With at least one sub-score of 5.5 and no sub- score below 5.5
  • SE (1 Term) 6.5 no sub-score below 6

TOEFL

  • PSE (2 Terms) 50 – 59
  • PSE (1 Term) 60 – 67
  • EAP (3 Terms) 68 no sub-score below 14
  • AAP (2 Terms) 74 with all sub-scores above 15 and at least one sub-score below 20
  • AAP Advanced (2 Terms) 80 with at least one sub-score below 20 but above 17 (minimum subscore required).
  • SE (1 Term) 85 No sub-score below 20

Duolingo

  • PSE (2 Terms) 70
  • PSE (1 Term) 80
  • EAP (3 Terms) 90 No sub-score below 80 (subscores effective Fall 21)
  • AAP (2 Terms) 100 No sub-score below 90 (sub-scores effective Fall 21)
  • AAP Advanced (2 Terms) 110 No sub-score below 100 (sub-scores effective Fall 21)
  • SE (1 Term) NA

Admission to the Program

  • Formal admission to the major requires a minimum 2.00 cumulative GPA and the approval of the department undergraduate advisor. Intended majors must also have a 2.5 GPA in ECON-100 Macroeconomics FA4 (3) , ECON-150 Economics for Business (3) or ECON-200 Microeconomics FA4 (3) , and STAT-202 Basic Statistics (4) , STAT-203 Basic Statistics with Calculus (4) , or STAT-204 Introduction to Business Statistics (4) .

University Requirements

  • 120 credit hours with minimum 2.00 cumulative GPA (Undergraduate Academic Regulation 2)
    Completion of all requirements for a major (Undergraduate Academic Regulation 9)

AU Core Requirements

  • Completion of AU Core foundation requirements (Undergraduate Academic Regulation 8.2-8.6)
  • Completion of AU Core Habits of Mind requirements (Undergraduate Academic Regulation 8.7)
  • Completion of AU Core integrative course requirements (Undergraduate Academic Regulation 8.8-8.11)
  • For additional information, see AU Core Curriculum.

Major Requirements

  • 37 credit hours with grades of C or better, including 27 credit hours at or above 300-level
  • No more than 6 credit hours may be fulfilled by economics courses from study abroad programs, except students attending the London School of Economics may fulfill a maximum of 12 credit hours
  • No more than 3 credit hours of independent reading and study courses or internships may be applied to the major
  • Only one internship experience may count toward the major, regardless of course level
  • Students may not receive credit for both ECON-300 Intermediate Microeconomics (3) and ECON-400 Intermediate Microeconomics with Calculus (3) 
  • Students may not receive credit for both ECON-301 Intermediate Macroeconomics (3) and ECON-401 Intermediate Macroeconomics with Calculus (3) 

Course Requirements

Required (6 credit hours)

  • ECON-100 Macroeconomics FA4 (3)
  • ECON-322 Applied Econometrics I (3)
  • Microeconomics (3 credit hours)

Complete 3 credit hours from the following:

Note: ECON-150 Economics for Business (3) is intended for Kogod School of Business students.

  • ECON-150 Economics for Business (3)
  • ECON-200 Microeconomics FA4 (3)
  • Intermediate Microeconomics (3 credit hours)

Complete 3 credit hours from the following:

  • ECON-300 Intermediate Microeconomics (3)
  • ECON-400 Intermediate Microeconomics with Calculus (3)
  • Intermediate Macroeconomics (3 credit hours)

Complete 3 credit hours from the following:

  • ECON-301 Intermediate Macroeconomics (3)
  • ECON-401 Intermediate Macroeconomics with Calculus (3)
  • Statistics (4 credit hours)

Complete 4 credit hours from the following:

  • STAT-202 Basic Statistics (4)
  • STAT-203 Basic Statistics with Calculus (4)
  • STAT-204 Introduction to Business Statistics (4)

Capstone (3 credit hours)

Complete 3 credit hours from the following:

  • ECON-478 Senior Policy Analysis Seminar (3)
  • ECON-480 Senior Research Seminar (3)
  • ECON-491 Senior Internship (3)
  • ECON-492 Senior Internship in Teaching (3)
  • Tracks (15 credit hours)

Complete one of the following tracks:

General

  • 15 credit hours from ECON coursework at or above 300-level
  • Up to 3 credit hours at or above 300-level may be taken outside of the Department of Economics with the advisor's approval, if the course is closely related to economics. Students may not receive major credit for both ECON-370 International Economics and SISU-300 Introduction to International Economics 
  • No more than 6 credit hours may be applied to the major from the following: ECON-361 Economic Development, ECON-362 Microeconomics of Economic Development, and ECON-363 Macroeconomics of Economic Development 
  • No more than 6 credit hours may be applied to the major from the following: ECON-370
  • International Economics, ECON-371 International Economics: Trade, and ECON-372
  • International Economics: Finance 
  • International

Note: International track requires demonstration of intermediate level or higher competence in one modern foreign language.

Required (6 credit hours)

  • ECON-371 International Economics: Trade (3)
  • ECON-372 International Economics: Finance (3)
  • Economics (3 credit hours)

Complete 3 credit hours from the following:

  • ECON-351 Comparative Economic Systems (3)
  • ECON-361 Economic Development (3)
  • ECON-362 Microeconomics of Economic Development (3)
  • ECON-363 Macroeconomics of Economic Development (3)
  • ECON-458 Economics of the World Regions (3) (topics)
  • International Business (3 credit hours)

Complete 3 credit hours from the following:

  • IBUS-300 Fundamentals of International Business (3)
  • SISU-320 Topics in Global Economy (3)

Additional (3 credit hours)

  • Note: Students may take no more than 6 credit hours from the following: ECON-361 Economic Development (3), ECON-362 Microeconomics of Economic Development (3), and ECON-363 Macroeconomics of Economic Development (3).
  • 3 credit hours from additional ECON coursework at or above 300-level, excluding ECON-370 International Economics (3)
  • Tuition 54,354 
  • Housing 21,250 
  • Dining 6,320 
  • Other 2,000 
  • Program Cost Per Semester Academic Accelerator
  • Fall 2021 $27,177 
  • Spring 2022 $27,177 
  • Summer 2022 $26,421
  •  Academic Accelerator Program, Advanced (2 semesters)
  •  Fall 2021 N/A
  •  Spring 2022 $27,177 
  • Summer 2022 $26,421 
  • Housing Option Description Cost Per Semester
  • Off Campus Two-Bedroom Apartment (Double Room) 
  • The Off Campus Two-Bedroom Apartment (Double Room) option, offers a shared bedroom with one other person in a fully furnished off-campus apartment. Each apartment has two bedrooms, so common areas such as the bathroom, dining room and kitchen are shared with three other roommates.
  •  Fall 2021 $10,034 
  • Spring 2022 $10,034 
  • Summer 2022 $6,562
  •  Off Campus One-Bedroom Apartment (Double Room) 
  • The Off Campus One-Bedroom Apartment (Double Room) option, offers a shared bedroom with one other person in a fully furnished off-campus apartment. Each apartment has one bedroom, so common areas such as the bathroom, dining room and kitchen are shared with just one roommate. 
  • Fall 2021 $10,611
  •  Spring 2022 $10,611
  •  Summer 2022 $6,939 
  • On Campus Double Room 
  • The On Campus Double Room option is a shared room with two twin beds and a shared, common hall bathroom, in one of American University's on campus residence halls. 
  • Fall 2021 $5,048 
  • Spring 2022 $5,048 
  • Summer 2022 $4,720

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