Bachelor of Science in Economics
Why study at Mines?
As you might expect from an economics program at an engineering school, the B.S. in Economics at Mines is unique. Most economics degrees at other universities are awarded as a Bachelor of Arts and are based on either a strong liberal arts or business component.
Our Bachelor of Science degree is grounded in mathematics, engineering and the sciences. Many private companies and public organizations need leaders and managers who understand not only economics and business, but also science and technology. We graduate technologically literate economists with quantitative economics and business skills that give them a competitive advantage in today’s economy.
How is the Mines B.S. in Economics different?
The three main distinctives of the Mines economics degree are
- A strong focus on energy and environmental economics;
- Mathematical rigor that builds on the Mines math and science core; and
- A focus on developing practical tools for applying economics to real problems.
The Colorado School of Mines is focused on three key areas:
The Mines B.S. in Economics emphasizes these same key areas. Economics faculty also teach in our world-renowned graduate program in Mineral and Energy Economics, and we are able to leverage their expertise in our undergraduate classes. Within the economics degree, we offer an optional specialization in Energy and Environmental Economics for students who want an explicit focus on these important topics.
Mines B.S. in Economics is more mathematical than most.
The Mines B.S. in Economics is more mathematical than almost any other undergraduate degrees in economics. We can do economics with more mathematical rigor because economics majors take the same math and science core as all the other students at Mines. Every economics students takes 3 semesters of calculus and differential equations as part of the Mines core. That math background gives our students another important set of tools to learn and apply economics.
B.S. in Economics at Mines is Practical
Finally, the B.S. in Economics at Mines is practical. Mines is primarily an engineering school, and most of our students come to Mines to learn how to solve problems. The economics program has much of the same practical outlook. All economics students at Mines take unique problem-oriented courses like engineering economics and operations research in addition to more traditional courses in statistics and econometric modeling.
The B.S. in Economics requires 128 credit hours of study.
|The Mines core||59 credit hours||math, science, engineering design, humanities and social science|
|Economics and business core||9 courses/ 27 credit hours||microeconomic and macroeconomic theory, statistical modeling, optimization, engineering economics, and mathematical economics|
|Economics and business electives||7 courses/ 21 credit hours||energy economics, environmental economics, economics and technology, strategy, regional economics, accounting, corporate finance and many others|
|Free electives||7 courses/ 21 credit hours||Because of our flexible curriculum, many Mines economics majors pursue a dual degree or a minor.|
The B.S. in Economics with a Specialization in Energy and Environmental Economics
We also offer an optional Specialization in Energy and Environmental Economics within the B.S. in Economics
- Replaces 4 of the economics and business electives with two-course sequences in:
- Energy Economics and
- Environmental Economics.
- The specialization is recorded on the student’s transcript.
Recent job placements and internships:
Our program has a unique focus on energy and environmental economics, and our students have expertise in applying practical tools of economic analysis. Therefore, many of our students go to work for the same companies that hire other Mines graduates.
- The mathematical rigor of the Mines B.S. in Economics makes the degree is an excellent preparation for graduate studies in economics, and many of our students have gone on to graduate school in economics, business and law.