Undergraduate program

Economics is a social science concerned with how societies deal with scarcity. Economists explain and predict economic behavior at both the micro- and macro- levels. With an economics degree from ASU, you’ll learn to model economic phenomena in a precise and rigorous way using quantitative tools such as algebra, calculus and statistics.

Economics – bachelor’s degree program (BS)

The Department of Economics offers two ways to complete a BS in economics. There is a BS offered by the W. P. Carey School of Business and a BS offered by the College of Liberal Arts and Sciences. Students may complete either degree on the Tempe campus or fully online through ASU online.

In collaboration with the School of Politics and Global Studies, the economics department offers a Politics and the Economy concentration option for the BS in economics offered by the College of Liberal Arts and Sciences and a standalone BS in politics and the economy. Both of these majors combine the expertise of the faculty in both the Department of Economics and the School of Politics and Global Studies, preparing students to evaluate society's most relevant issues. Students majoring in politics and the economy are eligible to apply for the accelerated Master of Arts in Political Science offered by the School of Politics and Global Studies.

In partnership with the Ira A. Fulton Schools of Engineering, students may complete the W. P. Carey BS in economics degree concurrently with engineering management. These degrees provide students with multifaceted coursework, in preparation for leadership in engineering enterprises.

Students pursuing other degrees may enhance their programs with a minor in economics.



Award recipients

Academic year 2020-21


Erin Crust

Erin Crust

Awards:

  • 2021 College of Liberal Arts and Sciences Dean’s Medal recipient
  • 2021 Roger Faith Outstanding Honors Thesis Award: Rethinking the Incentive Structure behind Utility Regulation

Degree Program(s):

  • B.S. in Economics (Politics and the Economy)
  • B.A Mathematics
  • Minor in Civic and Economic Thought and Leadership

Hometown:
North Huntington, PA

Why did you choose to study economics?
I started as a Political Science major and found I enjoyed the math involved in economics and studying people and policy using analytical tools.

What advice do you have for incoming economics majors?
Take a few classes just out of interest. See where that takes you, that’s how I found economics.

What was your favorite non-academic or extra-curricular activity?
I really enjoyed women’s rugby

What are your plans after graduation?
I will join the Federal Reserve bank of San Francisco as a Research Associate. After that, I hope to earn a PhD in economics.



Theron Raymond

Theron Raymond

Awards:

  • Spring 2021 Economics Department Outstanding Graduating Senior
  • W.P. Carey Turken Family Outstanding Graduating Senior finalist

Degree Program(s):

  • B.S. in Economics (W.P. Carey)

Hometown:
Cunupia, Central Trinidad

Why did you choose to study economics?
A high school teacher inspired me to study the subject and appreciate the broad range of applications. I discovered studying economics helps explain many of life’s daily interactions. I also appreciated the challenge and rigor that the study of economics provides.

What advice do you have for incoming economics majors?
Seek out experiences that allow you learn to code early. Also get experience, either through internships or part time jobs, that allows you to work with people of different age groups.

What was your favorite non-academic or extra-curricular activity?
I really enjoyed my student-worker job with the ASU admissions office. I got to meet all kinds of people.

What are your plans after graduation?
I plan to work as an analyst in the private sector. My long-term goal is public service work.



Morgan Sansone

Morgan Sansone

Awards:

  • 2021 Roger Faith Outstanding Honors Thesis Award: A Behavioral Economic
  • Exploration of Risk and Loss Aversions Among College Students



Tuan Tang

Awards:

  • 2021 Rondthaler Prize (Outstanding W.P. Carey Economics Junior)