{"id":662,"date":"2021-04-20T19:19:26","date_gmt":"2021-04-20T19:19:26","guid":{"rendered":"https:\/\/www.umw.edu\/study\/?post_type=areas&p=662"},"modified":"2023-10-04T16:31:00","modified_gmt":"2023-10-04T20:31:00","slug":"applied-economics","status":"publish","type":"areas","link":"https:\/\/www.umw.edu\/study\/areas\/applied-economics\/","title":{"rendered":"Applied Economics"},"content":{"rendered":"\n
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Majors, Minors & Areas of Study<\/div>

Applied Economics<\/h1><\/div><\/div><\/div><\/div>\n
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Know economics, then make it work.<\/h2>\n\n\n\n

How do the theories of economics play out in the production, distribution and consumption of goods and services? The applied economics major at Mary Washington equips you with practical ways of thinking about the interactions among consumers, businesses, and entire economic systems. You\u2019ll ground yourself in quantitative analysis and methods, computing, research and communication \u2013 skills to help you understand and solve problems at every level of industry and commerce.<\/p>\n\n\n\n

Degree Awarded<\/h3>\n\n\n\n

Students majoring in Applied Economics who complete all requirements earn the degree of Bachelor of Science (B.S.) in Economics.<\/p>\n\n\n\n

Areas of Study<\/h3>\n\n\n\n

Pursuing a degree in applied economics allows majors to study microeconomics; macroeconomics; and industrial, environmental, health, urban, and regional economics. Among the courses you may take are economics of social issues; poverty, affluence, and equality; government and business; money and banking; public finance; philanthropy; the history of economics; and investment analysis. You\u2019ll learn data collection and qualitative data analysis, statistical and econometric analysis, computer skills, math skills, and more.<\/p>\n\n\n\n

Career Opportunities<\/h3>\n\n\n\n

Applied economics majors gain a thorough understanding of the principles of economics at UMW. Graduates hold such positions as analyst for the Bureau of the Census, CEO of Animators at Law (a provider of litigation support services in graphics and technology), claims investigator for Geico Insurance, accountant and trader for Sempra Energy Trading Corp., economics teacher in the Peace Corps, investment broker at A.G. Edwards & Sons, and researcher with the Federal Deposit Insurance Corp.<\/p>\n\n\n\n

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See Career Paths
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Internships<\/h3>\n\n\n\n

UMW\u2019s proximity to Washington, D.C., and a supportive local business community create diverse internship opportunities. Students have benefited from internships with SunTrust Mortgage, Edward Jones Investments, the Washington Capitals, CNN\u2019s Crossfire, Booz Allen Hamilton, the Environmental Protection Agency, Prudential Securities, the First Nations Development Institute, Paine Webber, and the Virginia Credit Union.<\/p>\n\n\n\n

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