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By University HQ Staff Writers
Edited by Evelyn Keener
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University Headquarters (HQ) is an industry-leading, independent educational organization that provides independent college rankings using a proprietary formula to create first class unbiased rankings. The team at University HQ strives to provide accurate and trustworthy rankings that highlights the best programs for nursing in Arizona.

What is Economics?

Choosing to pursue an economics degree in Arizona offers a wide range of opportunities. Reputable universities in the state provide robust economic programs that cater to various student interests and career goals. Whether you are interested in the quantitative aspects of economics or its role in social sciences, these institutions have tailored programs that can meet your educational needs.

Institutions in Arizona allow students to specialize in economics with options to take classes in both a business-oriented or liberal arts context. Institutions can offer BSBA and BA programs both through traditional classroom experiences and online, giving students flexibility in choosing a path that aligns with their career aspirations. By understanding the various options and specialties offered, you'll be better prepared to choose the right program and set yourself up for a successful career in economics.

Whether your goal is to analyze market trends, help shape public policy, or work in finance, an economics degree can equip you with the skills needed in today’s dynamic job market. Exploring the specifics of each program and their unique features can help you find the best fit for your educational and professional goals.

Degree options in Arizona may come from Arizona State University, Maricopa Community College, Northern Arizona University, Ottawa University, and more. Students pursuing an economics program or a finance program with an emphasis in econ will find that, as long as they attend a school with accreditation and earn the right education, they can move into roles where they will fix economic problems, help craft government policies, and more. Whether they do this through marginal analysis or policy analysis may depend on the exact educational path they choose. The best colleges for students is the one that will help them move into the career they dream of.

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Online Schools in Arizona Campus Schools in Arizona

Top Ranked Campus & Online Economics Programs in Arizona

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1

University of Arizona

Score: 86.02

  • Undergraduate Tuition
    • In-State: $13,626
    • Out-of-State: $41,095
  • Net Price: $17,075
  • Acceptance Rate: 87%
  • Retention Rate: 86%
  • Graduation Rate: 68%
  • Total Enrollment: 49,403
  • Undergrad Students: 38,751
  • Graduate Students: 10,652
  • Grads Salary: $80,000
  • Student-to-faculty: 17:1
  • University of Arizona
View All Their Popular Majors and Rankings
2

Arizona State University

Score: 85.02

  • Undergraduate Tuition
    • In-State: $12,051
    • Out-of-State: $32,193
  • Net Price: $14,808
  • Acceptance Rate: 90%
  • Retention Rate: 85%
  • Graduation Rate: 67%
  • Total Enrollment: 80,065
  • Undergrad Students: 65,492
  • Graduate Students: 14,573
  • Grads Salary: $77,000
  • Student-to-faculty: 19:1
  • Arizona State University
View All Their Popular Majors and Rankings
3

Grand Canyon University

Score: 67.04

  • Undergraduate Tuition
    • In-State: $17,450
    • Out-of-State: $17,450
  • Net Price: $21,939
  • Acceptance Rate: 78%
  • Retention Rate: 70%
  • Graduation Rate: 45%
  • Total Enrollment: 101,816
  • Undergrad Students: 66,769
  • Graduate Students: 35,047
  • Grads Salary: $70,000
  • Student-to-faculty: 20:1
  • Grand Canyon University
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4

Cochise College

Score: 53.94

  • Undergraduate Tuition
    • In-State: $2,232
    • Out-of-State: $6,000
  • Net Price: $7,759
  • Acceptance Rate: 100%
  • Retention Rate: 70%
  • Graduation Rate: 25%
  • Total Enrollment: 3,797
  • Undergrad Students: 3,797
  • Graduate Students: N/A
  • Grads Salary: $37,400
  • Student-to-faculty: 15:1
  • Cochise College
View All Their Popular Majors and Rankings
5

Scottsdale Community College

Score: 49.79

  • Undergraduate Tuition
    • In-State: $2,358
    • Out-of-State: $8,958
  • Net Price: $13,627
  • Acceptance Rate: 100%
  • Retention Rate: 63%
  • Graduation Rate: 22%
  • Total Enrollment: 7,065
  • Undergrad Students: 7,065
  • Graduate Students: N/A
  • Grads Salary: $44,000
  • Student-to-faculty: 14:1
  • Scottsdale Community College
6

Phoenix College

Score: 49.57

  • Undergraduate Tuition
    • In-State: $2,358
    • Out-of-State: $8,958
  • Net Price: $11,555
  • Acceptance Rate: 100%
  • Retention Rate: 67%
  • Graduation Rate: 12%
  • Total Enrollment: 9,649
  • Undergrad Students: 9,649
  • Graduate Students: N/A
  • Grads Salary: $44,700
  • Student-to-faculty: 12:1
  • Phoenix College
7

GateWay Community College-Phoenix

Score: 49.38

  • Undergraduate Tuition
    • In-State: $2,358
    • Out-of-State: $8,958
  • Net Price: $12,786
  • Acceptance Rate: 100%
  • Retention Rate: 55%
  • Graduation Rate: 19%
  • Total Enrollment: 4,699
  • Undergrad Students: 4,699
  • Graduate Students: N/A
  • Grads Salary: $44,400
  • Student-to-faculty: 12:1
  • GateWay Community College-Phoenix
8

Paradise Valley Community College

Score: 48.64

  • Undergraduate Tuition
    • In-State: $2,358
    • Out-of-State: $8,958
  • Net Price: $12,116
  • Acceptance Rate: 100%
  • Retention Rate: 65%
  • Graduation Rate: 13%
  • Total Enrollment: 5,676
  • Undergrad Students: 5,676
  • Graduate Students: N/A
  • Grads Salary: $43,100
  • Student-to-faculty: 11:1
  • Paradise Valley Community College
9

Rio Salado College

Score: 48.3

  • Undergraduate Tuition
    • In-State: $2,358
    • Out-of-State: $8,958
  • Net Price: $6,834
  • Acceptance Rate: 100%
  • Retention Rate: 60%
  • Graduation Rate: 10%
  • Total Enrollment: 17,078
  • Undergrad Students: 17,078
  • Graduate Students: N/A
  • Grads Salary: $45,300
  • Student-to-faculty: 28:1
  • Rio Salado College
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10

Estrella Mountain Community College

Score: 48.12

  • Undergraduate Tuition
    • In-State: $2,358
    • Out-of-State: $8,958
  • Net Price: $11,420
  • Acceptance Rate: 100%
  • Retention Rate: 71%
  • Graduation Rate: 18%
  • Total Enrollment: 9,620
  • Undergrad Students: 9,620
  • Graduate Students: N/A
  • Grads Salary: $40,300
  • Student-to-faculty: 19:1
  • Estrella Mountain Community College

Online Economics Programs Overview

Economics degrees in Arizona offered with a variety of options for students. You can choose between Bachelor of Arts (BA) and Bachelor of Science (BS) programs, with flexible online studying options available, including dual-degree choices. These are the two main undergraduate paths for studying economics. A BA focuses on the role of economics in social sciences, while a BS emphasizes business applications. You can find these programs at institutions all over Arizona.

For a BA in economics, you'll delve into courses that cover economic principles and theories relevant to industries like manufacturing, labor, and agriculture. These degrees prepare students to think like an economist, identifying and analyzing economic issues in society.

In contrast, a BS in economics often comes with a stronger focus on mathematics and statistics. A BSBA in business economics, for instance, prepares you with skills applicable in the business world, offering courses in microeconomics, macroeconomics, and econometrics.

Many of these degrees provide flexibility with in-person and online learning options. Even online programs can offer academic advising and tutoring to support your studies.

Additional Opportunities and Support

Enrolling in an economics program can also open opportunities for dual-degree programs, adding value to your educational journey. These programs can enhance your expertise by allowing you to combine economics with other disciplines.

With such diverse options and robust support systems, studying economics in Arizona equips you with essential analytical and empirical skills highly valued in today’s job market. Whether you aim to work in government, business, or any other sector, these programs provide a strong foundation for your future career as an economist.

What is an Economist?

An economist studies how resources are used and distributed. They examine choices made by individuals, companies, and governments. The job involves analyzing data to understand economic trends, as well as creating statistical models to forecast future economic activities. These predictions help in making informed decisions on policies and business strategies.

Economists often specialize in areas like public policy, finance, labor markets, and international trade. Depending on your focus, you may work in academia, private industry, or government agencies. Skills in problem-solving and critical thinking are crucial. By understanding economic principles, these professionals help to shape policies that impact communities and nations.

Economists' work is essential in addressing issues like unemployment, inflation, and environmental sustainability. These insights guide decisions that affect everyday life.

To excel as an economist, a solid educational foundation is key. Courses in mathematics, statistics, and economics are essential. And advanced degrees often provide better opportunities in the field.

Online Educational Pathways for an Economics Degree in Arizona

An online economics degree in Arizona can offer flexibility and a range of career possibilities. Deciding between an online and traditional on-campus program is just one of the many decisions you’ll need to make about your education, but it can have a huge impact.

Choosing Between Online and On-campus Education

When choosing between online and on-campus college education, you'll want to consider your personal schedule and learning style as well as your major. Online programs provide flexibility, allowing you to study from anywhere and at your preferred time. This is ideal if you are working or have other commitments.

On-campus programs provide face-to-face interaction with professors and peers. This format might be better if you prefer a structured environment and in-person discussions.

Compare traditional and online program offerings based on your lifestyle and personal commitments.

Exploring education options for an economics degree in Arizona, you can find pathways from an associate degree to a PhD. Each level of education offers different opportunities and focus areas, tailored to fit your career aspirations.

Online Associate Degree in Economics (AS)

An associate degree in economics provides a foundation in economic principles, both micro and macro. These degrees can typically be completed in two years. Graduates with an associate degree can pursue entry-level jobs or transfer credits to a bachelor’s program. Many community colleges in Arizona offer degrees fully online, though you might find more mathematics and finance degrees than economics degrees at this level, allowing for flexibility in your schedule.

University HQ National Online Rankings for Associate in Economics

Online Bachelor’s Degree in Economics (BS)

A bachelor’s degree in economics delves deeper into economic theory and its applications. You may study business general requirements or human behavior, depending on the exact degree you choose. These degrees take four years to complete and they can prepare you for roles in finance, policy analysis, and more. With options to tailor your coursework, you can focus on specific interests, like environmental economics or international trade.

University HQ National Online Rankings for Bachelor in Economics

Online Master’s Degree in Economics (MS)

A master’s degree in economics focuses on advanced economic theories and quantitative methods. Programs in Arizona are available online and can be completed in one to two years. These degrees are ideal for careers in research, academia, or senior roles in private and public sectors. Many programs also offer specializations in areas like health economics and labor economics.

University HQ National Online Rankings for Master in Economics

Online PhD in Economics (PhD)

An PhD in economics is the highest academic degree in the field and can be pursued online through select institutions. These rigorous programs often involve extensive research, coursework, and a dissertation. They can prepare you for academic positions as teachers or researchers, advanced research roles, and high-level policymaking jobs. Completion time can vary but generally takes four to six years.

Online Economics Certifications

Economics certifications offer specialized knowledge in specific areas of economics. Certificates can be earned online and usually take a few months to a year. They may include courses like Financial Economics, Behavioral Economics, and International Economics. These certifications are beneficial for professionals looking to update their skills or specialize in new areas. They can complement your current degree and boost your career prospects.

How to Become an Economist in Arizona

To become an economist in Arizona, you need to follow a series of educational and career steps. From earning your initial degree to gaining professional experience and, potentially, earning a higher degree, each step is crucial for your career in economics.

Step 1: Earn a Bachelor's Degree in Economics

You can start by obtaining at least a bachelor’s degree in economics. You have a variety of options that will help you move into the field such as finance, mathematics, and economics. These are available all over the state. These degrees can provide you with foundational knowledge in economic theory, public policy, international trade, and analytical skills.

Step 2: Gain Relevant Experience

After completing your bachelor's degree, it's important to gain some work experience. Look for internships or entry-level positions in government agencies, private companies, or research firms. This hands-on experience will allow you to apply your academic knowledge and develop analytical and problem-solving skills. Networking with professionals in the field can also provide valuable insights and opportunities.

Step 3: Consider Advanced Degrees

Consider pursuing a graduate degree to enhance your expertise. A master’s degree in economics can open more advanced positions in the field. If you aim to specialize further or work in academia, a PhD in economics is highly recommended. Programs at institutions in Arizona offer advanced research opportunities in fields such as environmental economics, public finance, and labor economics.

Step 4: Obtain Professional Certification (Optional)

While not always required, obtaining certifications like the Chartered Financial Analyst (CFA) or Certified Economic Developer (CEcD) can enhance your credentials. These designations often require passing exams and meeting work experience requirements. They can significantly boost your career prospects and demonstrate a high level of expertise in your specialization.

Financing Your Online Economics Education

Paying for an economics degree can be more accessible with options like scholarships, grants, and financial aid.

Scholarships and Grants

Scholarships are a great way to reduce the cost of your education. Many schools and organizations offer scholarships specifically for students pursuing degrees in economics. Some schools provide several merit-based scholarships.

Grants, such as the Federal Pell Grant, do not need to be repaid. The Arizona Commission for Postsecondary Education also offers state-specific grants tailored to financial need.

Financial Aid and Loan Programs

Federal and state financial aid programs can help cover your tuition and other expenses. The Free Application for Federal Student Aid (FAFSA) is your starting point for accessing federal aid.

Loans are another option. Federal student loans often have lower interest rates and more flexible repayment terms compared to private loans. Programs like income-driven repayment plans can make paying back these loans manageable.

Tuition discounts for in-state students and employer-sponsored tuition assistance are additional resources.

Learn more about business resources and scholarships Read our financial aid and FAFSA guide

Certifications and Licensing

When pursuing an economics degree in Arizona, you should be aware of the certifications and licensing requirements that can enhance your career.

State-specific Certifications

To become an economist in Arizona, there are specific state-level certifications you might need. Depending on your career path, you may need certifications related to econometrics or public policy. These certifications help validate your skills and may be required for certain job positions in the state's public and private sectors.

Accrediting Bodies and Organizations

Certain accrediting bodies and organizations provide the necessary approvals for educational programs. The Arizona Department of Education oversees teacher certification exams, ensuring that they meet state standards.

If you are pursuing advanced degrees like an MS in economics, these programs often have accreditations from recognized organizations such as the Association to Advance Collegiate Schools of Business (AACSB).

These accreditations ensure you receive a quality education that meets industry standards, making you more competitive in the job market.

What Can I Do with a Bachelor's in Economics?

With a bachelor’s in economics, you can pursue various career paths. This degree equips you with skills in data analysis, critical thinking, and understanding economic systems.

Career Options

  • Economist: Economists study supply, demand, and resource distribution. You'll find economist positions in government, research firms, and private companies.
  • Financial Analyst: Financial analysts evaluate investments and help businesses make financial decisions. Banks, insurance companies, and consulting firms often seek individuals with this background.
  • Management Trainee: Many organizations hire economics graduates for management trainee positions. These roles provide a path to leadership in areas such as marketing, operations, or sales.

Economics graduates often work as consultants. They advise businesses and governments on economic policies and strategies. Researchers analyze economic trends and data, providing valuable insights into market behaviors.

Government agencies hire economics graduates for various roles. You can work on policy analysis, public finance, or regulatory affairs. This sector offers job stability and the chance to impact public policy.

A bachelor’s in economics prepares you for a versatile and rewarding career. This degree provides a strong foundation for both entering the workforce and pursuing advanced education.

Potential Careers and Salaries for Economics Graduates

Economics graduates in Arizona have many potential career paths, each offering unique opportunities and competitive salaries. Just some of the roles you might have access to with a degree in this field are found below, with responsibilities and average salaries.

Supply Chain Analyst:

Job Description: As a supply chain analyst, you would focus on improving the efficiency of a company's supply chain. The role involves data analysis to identify areas for cost-saving and efficiency improvements. Most supply chain analysts work in industries like manufacturing, retail, and logistics. A solid background in economics helps you understand market trends and data analytics, making you a valuable asset to employers.

Requirements:

  • Bachelor's degree, Growth Potential 18% (Much faster than average)
  • Oversee product acquisition
  • Direct the allocation of materials, supplies, and products
  • Forecast and direct the alignment of a product’s demand and supply flows
  • Determine appropriate equipment and staffing levels to load, unload, move, or store materials

Median Salary: $79,400

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Financial Manager:

Job Description: Financial managers are responsible for overseeing a company’s financial health. They create financial reports, direct investment activities, and develop strategies for long-term financial goals. This role usually requires strong analytical skills and a deep understanding of financial markets. Experience with economics greatly aids in making informed financial decisions and strategies.

Requirements:

  • Bachelor's degree, 5 years or more work experience
  • Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment
  • Prepare financial statements, business activity reports, and forecasts
  • Monitor financial details to ensure that legal requirements are met
  • Supervise employees who do financial reporting and budgeting

Median Salary: $174,820

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Statistician:

Job Description: As a statistician, you collect, analyze, and interpret data to help solve real-world problems in business, engineering, healthcare, or other fields. Statisticians work in a variety of industries. Your background in economics can help you understand data trends and apply statistical methods effectively.

Requirements:

  • Master's degree, Growth Potential 30% (Much faster than average)
  • Decide what data are needed to answer specific questions or problems
  • Apply mathematical theories and techniques to solve practical problems in business, engineering, the sciences, and other fields
  • Design surveys, experiments, or opinion polls to collect data
  • Develop mathematical or statistical models to analyze data

Median Salary: $109,190

Economist:

Job Description: Economists study market behavior by collecting and analyzing data, researching trends, and evaluating economic issues. Economists often work for government agencies, think tanks, and private companies. With an economics degree, you can leverage your analytical skills to provide insights and forecasts that influence policy and business decisions.

Requirements:

  • Master's degree, Growth Potential 6% (Faster than average)
  • Research economic issues related to education, the labor force, international trade, and other topics
  • Conduct surveys and collect data
  • Analyze data using mathematical models, statistical tools, and other software
  • Interpret and forecast trends, such as of financial markets

Median Salary: $132,650

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Frequently Asked Questions

What are the requirements for obtaining an economics degree?

To get an economics degree, you'll need to complete core courses in microeconomics, macroeconomics, and statistics. Most programs also require electives in specialized areas and a capstone project or thesis. Universities may have different credit requirements and GPA criteria.

Does Arizona have schools that offer accredited economics degrees?

Yes, several universities in Arizona offer accredited economics degrees. Colleges and universities have programs that meet national accreditation standards, ensuring a quality education.

Can I earn an economics degree online from an Arizona university?

Yes, you can earn an economics degree online. Several Arizona universities provide online programs, allowing you to complete your coursework remotely. These degrees are designed to offer the same rigor and quality as on-campus programs.

How much will I pay for an economics degree?

The cost for an economics degree varies. Tuition rates at state universities can range from $200 to $500 per credit hour for undergraduate degrees and up to $700 for graduate degrees. Additional fees may include technology fees, course materials, and other administrative costs. Always check the university's current tuition rates for an accurate estimate.

What kind of certifications will I need to enhance an economics degree?

Certifications in data analysis, financial planning, or econometrics can boost your degree. Programs like the Chartered Financial Analyst (CFA) or Certified Economic Developer (CEcD) are highly regarded. These certifications can make you a more competitive candidate in the job market.

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