What is Economics?
Pursuing an economics degree in North Carolina positions you in a unique environment where education meets a dynamic state economy. Colleges and universities in North Carolina offer comprehensive programs in economics, including a Bachelor of Arts (BA) and a more quantitatively rigorous Bachelor of Science (BS) degree. Each path equips you with a foundational understanding of economic principles, application of quantitative methods, and the skills to conduct economic research.
In North Carolina, an economics degree not only paves the way for diverse career options, but it also immerses you in a state known for its varied economic sectors from technology to agriculture. The education you receive aligns with the realities and opportunities presented by the state's economy. Between a traditional campus experiences and the convenience of online courses, you're afforded the flexibility to tailor your educational journey to your personal schedule and learning preferences.
Featured Economics Programs
Top Ranked Campus & Online Economics Programs in North Carolina
Duke University
Score: 93.03
- Undergraduate Tuition
- In-State: $65,805
- Out-of-State:$65,805
- Net Price: $23,694
- Acceptance Rate: 6%
- Retention Rate: 97%
- Graduation Rate: 97%
- Total Enrollment: 18,023
- Undergrad Students: 6,640
- Graduate Students: 11,383
- Grads Salary: $95,000
- Student-to-faculty: 6:1
University of North Carolina at Chapel Hill
Score: 87.53
- Undergraduate Tuition
- In-State: $8,989
- Out-of-State:$39,330
- Net Price: $10,614
- Acceptance Rate: 17%
- Retention Rate: 96%
- Graduation Rate: 91%
- Total Enrollment: 31,705
- Undergrad Students: 20,029
- Graduate Students: 11,676
- Grads Salary: $77,000
- Student-to-faculty: 17:1
North Carolina State University at Raleigh
Score: 84.52
- Undergraduate Tuition
- In-State: $8,895
- Out-of-State:$31,767
- Net Price: $14,852
- Acceptance Rate: 47%
- Retention Rate: 94%
- Graduation Rate: 85%
- Total Enrollment: 36,700
- Undergrad Students: 26,254
- Graduate Students: 10,446
- Grads Salary: $82,000
- Student-to-faculty: 16:1
Wake Forest University
Score: 81.68
- Undergraduate Tuition
- In-State: $64,758
- Out-of-State:$64,758
- Net Price: $26,197
- Acceptance Rate: 21%
- Retention Rate: 94%
- Graduation Rate: 90%
- Total Enrollment: 8,963
- Undergrad Students: 5,447
- Graduate Students: 3,516
- Grads Salary: $79,000
- Student-to-faculty: 10:1
Davidson College
Score: 80.64
- Undergraduate Tuition
- In-State: $60,300
- Out-of-State:$60,300
- Net Price: $26,704
- Acceptance Rate: 17%
- Retention Rate: 94%
- Graduation Rate: 92%
- Total Enrollment: 1,927
- Undergrad Students: 1,927
- Graduate Students: N/A
- Grads Salary: $75,000
- Student-to-faculty: 9:1
North Carolina A&T State University
Score: 75.62
- Undergraduate Tuition
- In-State: $6,748
- Out-of-State:$20,408
- Net Price: $9,189
- Acceptance Rate: 56%
- Retention Rate: 74%
- Graduation Rate: 57%
- Total Enrollment: 13,487
- Undergrad Students: 11,833
- Graduate Students: 1,654
- Grads Salary: $79,000
- Student-to-faculty: 19:1
University of North Carolina at Charlotte
Score: 74.34
- Undergraduate Tuition
- In-State: $7,214
- Out-of-State:$21,876
- Net Price: $13,951
- Acceptance Rate: 80%
- Retention Rate: 84%
- Graduation Rate: 70%
- Total Enrollment: 29,551
- Undergrad Students: 23,461
- Graduate Students: 6,090
- Grads Salary: $74,000
- Student-to-faculty: 20:1
Appalachian State University
Score: 72.11
- Undergraduate Tuition
- In-State: $7,541
- Out-of-State:$24,537
- Net Price: $13,084
- Acceptance Rate: 83%
- Retention Rate: 83%
- Graduation Rate: 75%
- Total Enrollment: 20,436
- Undergrad Students: 18,558
- Graduate Students: 1,878
- Grads Salary: $64,000
- Student-to-faculty: 16:1
University of North Carolina Wilmington
Score: 71.19
- Undergraduate Tuition
- In-State: $7,317
- Out-of-State:$22,985
- Net Price: $18,709
- Acceptance Rate: 69%
- Retention Rate: 83%
- Graduation Rate: 74%
- Total Enrollment: 17,843
- Undergrad Students: 14,294
- Graduate Students: 3,549
- Grads Salary: $67,000
- Student-to-faculty: 17:1
East Carolina University
Score: 70.81
- Undergraduate Tuition
- In-State: $7,361
- Out-of-State:$23,638
- Net Price: $14,410
- Acceptance Rate: 92%
- Retention Rate: 80%
- Graduation Rate: 65%
- Total Enrollment: 27,151
- Undergrad Students: 21,688
- Graduate Students: 5,463
- Grads Salary: $71,000
- Student-to-faculty: 18:1
Winston-Salem State University
Score: 69.48
- Undergraduate Tuition
- In-State: $6,735
- Out-of-State:$17,391
- Net Price: $14,097
- Acceptance Rate: 73%
- Retention Rate: 77%
- Graduation Rate: 50%
- Total Enrollment: 5,004
- Undergrad Students: 4,513
- Graduate Students: 491
- Grads Salary: $74,000
- Student-to-faculty: 15:1
Meredith College
Score: 68.18
- Undergraduate Tuition
- In-State: $43,936
- Out-of-State:$43,936
- Net Price: $23,259
- Acceptance Rate: 73%
- Retention Rate: 77%
- Graduation Rate: 68%
- Total Enrollment: 1,587
- Undergrad Students: 1,322
- Graduate Students: 265
- Grads Salary: $68,000
- Student-to-faculty: 10:1
University of North Carolina at Greensboro
Score: 67.45
- Undergraduate Tuition
- In-State: $7,593
- Out-of-State:$23,339
- Net Price: $10,979
- Acceptance Rate: 92%
- Retention Rate: 73%
- Graduation Rate: 58%
- Total Enrollment: 17,978
- Undergrad Students: 14,198
- Graduate Students: 3,780
- Grads Salary: $65,000
- Student-to-faculty: 17:1
Elon University
Score: 65.39
- Undergraduate Tuition
- In-State: $44,536
- Out-of-State:$44,536
- Net Price: $41,527
- Acceptance Rate: 74%
- Retention Rate: 90%
- Graduation Rate: 83%
- Total Enrollment: 7,123
- Undergrad Students: 6,337
- Graduate Students: 786
- Grads Salary: $69,000
- Student-to-faculty: 11:1
Guilford College
Score: 64.79
- Undergraduate Tuition
- In-State: $41,140
- Out-of-State:$41,140
- Net Price: $23,882
- Acceptance Rate: 84%
- Retention Rate: 66%
- Graduation Rate: 49%
- Total Enrollment: 1,167
- Undergrad Students: 1,129
- Graduate Students: 38
- Grads Salary: $77,000
- Student-to-faculty: 12:1
University of North Carolina at Asheville
Score: 64.33
- Undergraduate Tuition
- In-State: $7,461
- Out-of-State:$24,809
- Net Price: $14,730
- Acceptance Rate: 74%
- Retention Rate: 69%
- Graduation Rate: 59%
- Total Enrollment: 2,914
- Undergrad Students: 2,914
- Graduate Students: N/A
- Grads Salary: $58,000
- Student-to-faculty: 12:1
Catawba College
Score: 63.53
- Undergraduate Tuition
- In-State: $33,400
- Out-of-State:$33,400
- Net Price: $19,701
- Acceptance Rate: 67%
- Retention Rate: 65%
- Graduation Rate: 56%
- Total Enrollment: 1,172
- Undergrad Students: 1,094
- Graduate Students: 78
- Grads Salary: $63,000
- Student-to-faculty: 11:1
Campbell University
Score: 63.15
- Undergraduate Tuition
- In-State: $40,410
- Out-of-State:$40,410
- Net Price: $24,280
- Acceptance Rate: 89%
- Retention Rate: 75%
- Graduation Rate: 56%
- Total Enrollment: 5,272
- Undergrad Students: 2,965
- Graduate Students: 2,307
- Grads Salary: $68,000
- Student-to-faculty: 13:1
Gardner-Webb University
Score: 62.25
- Undergraduate Tuition
- In-State: $33,450
- Out-of-State:$33,450
- Net Price: $22,339
- Acceptance Rate: 75%
- Retention Rate: 66%
- Graduation Rate: 52%
- Total Enrollment: 3,144
- Undergrad Students: 1,812
- Graduate Students: 1,332
- Grads Salary: $66,000
- Student-to-faculty: 11:1
University of North Carolina at Pembroke
Score: 61.99
- Undergraduate Tuition
- In-State: $3,571
- Out-of-State:$7,571
- Net Price: $8,208
- Acceptance Rate: 90%
- Retention Rate: 72%
- Graduation Rate: 45%
- Total Enrollment: 7,666
- Undergrad Students: 5,643
- Graduate Students: 2,023
- Grads Salary: $56,000
- Student-to-faculty: 14:1
Understanding Economics Programs in North Carolina
In North Carolina, an economics program can span various academic levels and offer a multitude of available pathways that can support your career goals. If you're looking to pursue an undergraduate degree, there are options such as a BS or BA in economics. A BS typically delves into quantitative and analysis techniques, while a BA might offer a broader approach to economic principles.
Both options offer elective courses that can be used to minor in another field, or to tailor your education to specific areas of interest in economics. This flexibility allows you to design a program that aligns with your professional aspirations.
With these programs, your education in economics is not just about theories but also about their practical application in the real world. A comprehensive curriculum ensures that you acquire a solid foundation in economic concepts, along with valuable analytical skills.
Online Educational Pathways for an Economics Degree in North Carolina
Online Associate Degree in Economics (AS)
Starting with an associate degree in economics, you can lay a foundational understanding of economic principles. These two-year programs typically require completion of economics curriculum courses like microeconomics, macroeconomics, and statistics, and serve as a steppingstone to a bachelor's degree.
National rankings for online AS in economicsOnline Bachelor’s Degree in Economics (BS)
For a bachelor’s degree in economics, universities offer comprehensive economics majors programs that may also include specializations. You'll need to meet prerequisites and expect to engage in upper-level courses that cover econometrics, international trade, and quantitative macroeconomics. These programs are usually offered through an economics department or from business schools.
National rankings for online BS in economicsOnline Master’s Degree in Economics (MS)
Expanding your knowledge, a master’s degree in economics prepares you for advanced positions in research and academia. In these programs, you'll engage with complex concepts in econometrics, health economics, and industrial organization, and you may even be able to complete a research thesis. At this level, students may also choose to complete a Master of Business Administration (MBA) with a specialization in economics, providing economics courses to round out your MBA degree program.
National rankings for online MS in economicsOnline PhD in Economics (PHD)
Attaining a PhD in economics involves contributing original research to the field. The journey includes rigorous training in various specializations such as financial econometrics and international finance, culminating in a dissertation that demonstrates your scholarly expertise.
Learn more about business resources and scholarships Our paying for college guideOnline Economics Certifications
To supplement your degree, economics certifications can provide specialized training in areas like data analysis or financial management. These certifications might involve coursework and exams to demonstrate competency and can often be completed in tandem with degree programs or as continuing education.
Navigating the Economics Field
In North Carolina, the path to becoming an economist is increasingly flexible due to the availability of accredited online economics degrees. If you're considering an economics degree , here’s what you need to know about the advantages of these programs.
Find Economics Schools
- Accessibility: Online programs ensure that, no matter where you are in the state, a comprehensive education in economics is within reach. These programs are recognized for their quality and accessibility.
- Flexibility: With online courses, you can manage your studies around your personal and professional life, making it possible to pursue or continue your career while you study.
- Cost-Effectiveness: Online courses can be more cost-effective. For example, public colleges and universities in North Carolina have an average in-state tuition that is competitive, considering the potential return on investment an economics degree can offer.
- Relevant Curriculum: Programs focus on current economic theories, financial markets, and data analysis, equipping you with the necessary skills to analyze complex economic issues.
- Quality: Degrees in NC have earned rankings among the best, suggesting that you’ll be receiving an education that is respected nationwide.
When choosing to study online economics in North Carolina, you're investing in a future that combines strong educational foundations with the practicality of modern learning. With a quality online degree, your path to becoming a North Carolina economist is clear, flexible, and poised to meet the evolving demands of the global economy.
Financial Considerations with an Economics Degree
When considering an economics degree from institutions in North Carolina, you'll need to assess the associated costs, potential aid, and the long-term value of the degree. This investment in your education can pave the way for a career as an economist or home economist, among other possibilities.
Scholarships and Aid
- Scholarships: Research and apply for scholarships specifically aimed at economics students. Schools may offer scholarships based on merit or financial need.
- Federal and State Aid: Complete the Free Application for Federal Student Aid (FAFSA) to determine eligibility for loans and grants. State-specific aid programs may also be available.
Return on Investment
Considering a degree in economics, it was reported that in 2019 that economists earned a median salary of $105,020. While this figure will differ based on location, experience, and the specific field within economics, it signifies the potential financial return of completing an economics degree.
Networking and Professional Development
In North Carolina, as an economics major, your growth and success significantly hinge on building a robust professional network and taking advantage of development opportunities. Engaging with economics associations and attending conferences are key strategies to connect with peers, mentors, and industry leaders.
Economics Associations
The North Carolina Economic Development Association (NCEDA) plays a crucial role in providing networking and professional development opportunities for economists. If you are looking to become an economist in North Carolina, becoming a member of NCEDA is a strategic step. The association boasts over 700 members and is known for being the voice of the state’s economic development community.
Some of the courses offered by NCEDA that can benefit you are:
- Retention and Expansion in North Carolina
- Innovation and Entrepreneurship in North Carolina
- Attraction in North Carolina
Economics Conferences
Conferences can be essential for staying abreast of the latest research and industry trends. Academic institutions in North Carolina hold graduate programs in economics which often encompass opportunities to participate in economics conferences.
By participating in these associations and conferences, you lay a foundation for a successful career path in economics within North Carolina. These platforms offer not only essential knowledge but also open doors to future collaborations and job opportunities.
Potential Career Options and Salaries for Economics Graduates
As you explore the value of an economics degree in North Carolina, you'll find a robust array of career opportunities awaiting you. The state's diverse economy, ranging from technology to agriculture, provides fertile ground for skilled economists in various roles. Here are just a few options you might gain access to throughout your academic career, as well as their average salaries and educational requirements.
Postsecondary Economics Teacher:
Job description: If you're passionate about shaping young minds, you can become a postsecondary economics teacher. In North Carolina, this role not only allows you to educate future economists but also to engage in research that can influence the state's economic policies. Salaries for this position typically reflect the academic institution's prestige and your level of experience.
Requirements:
- PhD, Growth Potential 8% (Faster than average)
- Teach courses in economics
- Prepare and deliver lectures to undergraduate or graduate students on topics such as econometrics, price theory, and macroeconomics
- Prepare course materials, such as syllabi, homework assignments, and handouts
- Conduct research in a particular field of knowledge and publish findings in professional journals, books, or electronic media
Median Salary: $133,650
Statistician:
Job description: Statisticians are in high demand, especially in a data-driven economy like North Carolina's. Armed with an economics degree, your proficiency in interpreting and analyzing economic data can help companies and government agencies make informed decisions. The average salary for statisticians in this region ranges considerably based on industry and expertise.
Requirements:
- Master's degree, Growth Potential 30% (Much faster than average)
- Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information
- 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
Median Salary: $109,190Â
Financial Advisor:
Job description: As a financial advisor, your economics background positions you to provide valuable advice on investment strategies, retirement planning, and financial management to individuals and businesses. With North Carolina's economy growing, your role is crucial in helping clients navigate financial complexities. Compensation varies widely with certifications, client base, and whether you work independently or for a firm.
Requirements:
- Bachelor's degree, Growth Potential 13% (Much faster than average)
- Meet with clients to discuss their financial goals
- Explain to potential clients the types of financial services they provide
- Educate clients and answer questions about investment options and potential risks
- Recommend investments to clients or select investments on their behalf
Median Salary: $99,580
Learn moreLogistician:
Job description: In supply chain-centric industries which are pivotal in North Carolina, a logistician plays a vital role. Your grasp of economic principles helps optimize supply chain processes, reducing costs and improving efficiencies. This position's salary is competitive, reflecting the increasing importance of logistics in the state's economy.
Requirements:
- Bachelor's degree in business or related field, 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
- Monitor and manage product risk
Median Salary: $79,400
By leveraging your economics degree , you have the opportunity to make significant impacts across North Carolina's economy, contributing to its growth and diversity as a home economist or in other economic capacities.
Check out all business careers and salariesFrequently Asked Questions
What are the requirements for obtaining an economics degree in North Carolina?
To earn an economics degree in North Carolina, you typically need to complete coursework in economic theory, quantitative methods, and econometrics. BS degrees may have a stronger focus on mathematics and data analysis, while BA degrees might offer more breadth in social sciences.
Can I pursue an economics degree online from a North Carolina university?
Yes, you can pursue an economics degree online from North Carolina universities. Programs may vary in format and availability, so it’s important to check with each institution for specific online offerings. And, if you have trouble finding exactly the right online degree for you, then online education gives you the flexibility to find a program from outside the state and still complete the degree from home/