Economics provides training in and practice with an analytical approach to thinking and problem solving that gives you a unique advantage in any career you choose. Indeed, we think economics gives you an advantage even in your daily activities and enables you to make better choices, better decisions, and avoid some of the pitfalls that arise from illogical and incomplete thinking. You may even find that economics helps you make money (or at least avoid losing money), but we can’t guarantee that! However, each semester we make $1500 awards to two of our most outstanding students.
Coursework in economics is excellent preparation for students who intend to pursue employment immediately upon graduation. Students earning undergraduate degrees in economics are competitive in the job market with students earning degrees in business, in other social sciences, and in liberal arts. Our students most often find employment in the financial services industry, in sales, and in government. Starting salaries for economics graduates equal or exceed those of most other disciplines except engineering, and computer science.
Economics is also excellent preparation for graduate study in law, business, finance, other social sciences, and of course economics. The department has a recommended set of courses to prepare students, majors and non-majors alike, for graduate study in each of these disciplines.
A master’s degree is usually the entry level credential for professional economists in business and government. With the right preparation, an undergraduate student can earn a master’s degree in economics at FSU in one calendar year (twelve months) following receipt of the baccalaureate degree. The master’s degree significantly enhances a student’s employment opportunities with only a small additional cost. This program is open to both majors and non-majors provided the appropriate prerequisite courses are included in the student’s undergraduate curriculum.
Principles of Macroeconomics (ECO 2013) and Principles of Microeconomics (ECO 2023) are prerequisite for most upper division economics courses. For a few upper division courses, Introduction to Economics Thinking (ECO 2000) or principles of microeconomics alone is sufficient. We welcome non-majors with the appropriate prerequisites into any of our courses and we have some specific course recommendations for students in other disciplines.
The economics major includes four required core courses and five electives that allow students to tailor their academic program to their particular interests. Majors can earn academic credit for an approved internship appropriate to their program of study, and qualified majors are encouraged to pursue honors in the major. We also offer a minor in economics.
Economics is an excellent second major or minor for students in many other degree programs. Most students interested in economics as a second major or minor can easily satisfy the economics requirements within the normal 120 credit hours required for graduation.
The American Economic Association website provides extensive information on economics for undergraduates.