Economics

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Alumni from our Global Campuses

Gain foundational knowledge of the global economy.

Webster's BA in Economics helps students explore the factors that determine production, distribution and consumption of resources. Students gain an understanding of basic economics concepts and how policy changes impact the economy, including the study of institutions, concepts, policy and tools of analysis. Expert faculty help students apply micro- and macro-economic concepts to real-world settings.

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Why a BA in Economics?

The Bachelor of Arts (BA) in Economics at Webster University provides students with a strong foundation for a career in business, government or for further study in economics, finance, law or other related disciplines. Students develop an analytical mindset alongside a strong economic awareness of the world.

What Do Economics Graduates Go on to Do?

Economics graduates are employed in a wide range of industries, including government, politics, journalism, banking, insurance, and other financial sectors. Employers value economics graduates for their application of data and analytics to solve problems. Many graduates continue their studies at law school or other business graduate programs.

Webster's Bachelor of Arts in Economics Program

The student will demonstrate familiarity with the primary measures of economic performance (GDP, Price Level, Unemployment).
The student will demonstrate proficiency in the use of the primary economic models (ISLM, Mundell-Fleming, Solow, Consumer Choice Theory, Price Optimization, Cournot Reaction Functions, Edgeworth Box and Game Theory).
The student will demonstrate familiarity with basic financial concepts.
The student will demonstrate proficiency with the application of the Time Value of Money.
The student will demonstrate proficiency in the use of basic differential calculus to solve production or consumer optimization problems.
The student will demonstrate proficiency in the interpretation of statistical information related to economic or financial data.

Webster's BA in Economics requires at least 41 credit hours of core and major-related courses, as well as 3 credit hours of Walker School professional development courses.

ECON Core: 18 hours

ECON 2000 Survey of Economics (3 hours)
ECON 3000 Basic Economic Modelling (3 hours)
ECON 3020 Intermediate Microeconomics (3 hours)
ECON 3030 Intermediate Macroeconomics (3 hours)
ECON 3200 Money and Banking (3 hours)
ECON 3700 Economics of Development (3 hours)

Major Requirements: 27 hours

ACCT 2010 Financial Accounting (3 hours)
ACCT 2025 Managerial Accounting (3 hours)
MNGT 2100 Management Theory and Practices (3 hours)
BUSN 2750 Introduction to Statistics (3 hours)
BUSN 2825 Introduction to Research Design and Methods (3 hours)
FINC 3210 Principles of Finance (3 hours)
ECON 3410 Labor Economics (3 hours)
ECON 3720 International Trade and Finance (3 hours)
ECON 4300 Public Finance (3 hours)

Walker School Professional Development Classes: 3 hours

WSBT 2000 Career Exploration (1 hour)
WSBT 2300 Personal Branding (1 hour)
WSBT 2700 Career Management Strategies (1 hour)

BA Economics students also take applicable University Global Citizenship Program classes, with accommodations for their major, as well as elective classes.

A Minor in Economics is comprised of 18 hours of required ECON classes at Webster University.

Learning Outcomes

The student will demonstrate familiarity with the primary measures of economic performance (GDP, Price Level, Unemployment).
The student will demonstrate proficiency in the use of the primary economic models (ISLM, Mundell-Fleming, Solow, Consumer Choice Theory, Price Optimization, Cournot Reaction Functions, Edgeworth Box and Game Theory).

Required Courses

ECON 2000 Survey of Economics (3 hours)
ECON 3000 Basic Economic Modelling (3 hours)
ECON 3020 Intermediate Microeconomics (3 hours)
ECON 3030 Intermediate Macroeconomics (3 hours)
3000-level or 4000-level ECON elective (3 hours)
3000-level or 4000-level ECON elective (3 hours)

Why Choose Webster University?

Webster Tashkent, part of Webster University's global network of international schools, brings the best of American education to Uzbekistan. Class sizes are small and our faculty bring real-life knowledge and personal attention to the classroom.

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Founded in 1915, Webster University is committed to ensuring high-quality learning experiences that transform students for global citizenship and individual excellence. In 2019, Webster Tashkent joined our network to bring the best of American education with the first U.S. university in central Asia.