Undergraduate Economics Programs in New York

Since it is the country's 13th most popular field of study, candidates will find that most institutions in New York City offer individual majors or joint majors in Economics. The joint majors in the subject often combine statistics, political science, philosophy, math, and economics.

While an economics degree is often associated with degrees like business or finance, candidates who choose this field will be able to specialize in other fields like healthcare, politics, sociology, etc. Candidates who complete this program will have better analytical and problem-solving skills that are sought-after by most professions in the corporate field. Unlike business and finance programs, candidates will also be learning a lot of math and soft skills as part of the program. The duration of an undergraduate economics degree is 4 years, and most institutions offer it as an economics major.

Cost of Studying Undergraduate Economics Programs in New York

The expense associated with pursuing an undergraduate program in economics in New York is rather substantial. The cost of tuition for undergraduate economics programs varies from $63,000 to $71,000, regardless of whether the student is from within the state or out-of-state.

8 Best Economics Schools in New York

Institution	In-State Tuition	Out-of-State Tuition
Cornell University	$68,000 per year	$68,000 per year
Columbia University	$71,000 per year	$71,000 per year
Colgate University	$70,000 per year	$70,000 per year
New York University	$1,900 per credit hour	1,900 per credit hour
Hamilton College	$68,000 per year	$68,000 per year
Barnard College	$68,000 per year	$68,000 per year
Fordham University	$63,000 per year	$63,000 per year
University of Rochester	$66,000 per year	$66,000 per year

Cornell University

Cornell University offers a major in Economics that enables students to explore a wide array of subjects such as economic theory, econometrics, international economics, and more. Prior to declaring the major, students are required to successfully finish Introductory Microeconomics & Macroeconomics with a minimum grade of B- and a math course that includes differential calculus with a minimum grade of C. The core courses that one will have to learn include- microeconomics, macroeconomics, statistics, and econometrics. Students are required to finish 12 courses, all with a grade of C- or higher, in order to declare a major in Economics. The acceptance rate here is only 7.5%.

Columbia University

Columbia University offers a major in Economics, giving students the opportunity to choose from 6 options and one concentration. The majors offered include general economics and financial economics. These options are Economics, Financial Economics, Joint Math, Joint Philosophy, Joint Political Science, and Joint Statistics. During the spring semester, a number of graduating seniors are selected by the department to receive departmental honors. All students enrolled in economics majors, joint majors, and the economics concentration are required to complete two semesters of calculus. The acceptance rate is only 3.9% here.

Colgate University

A major in Economics from Colgate University offers students the option to specialize in one of three distinct tracks: economics, mathematical economics, and environmental economics. Candidates are required to begin with courses introducing economics. To meet the requirements, students must attain a minimum GPA of 2.00 in the courses that contribute to the major. Students are required to earn a grade of C or higher in either intermediate microeconomics or intermediate macroeconomics courses in order to declare their major. Only candidates who have a GPA above 3.33 will be able to apply for the honors program. The acceptance rate for this university is 12.4%.

New York University

NYU offers a major in Economics for undergraduate programs, which includes 6 concentrations: Principles-level Micro and Macroeconomics, Statistics, Intermediate-level Micro and Macroeconomics, and Econometrics. Candidates who are taking an economics major from NYU will be able to take joint majors with mathematics and computer science. They will be able to choose between a theory concentration or a policy concentration where the policy concentration focuses on the role of economic institutions. Those enrolled in the honors program are mandated to engage in a year-long program during their senior year and produce a thesis under the guidance of faculty members. The acceptance rate for this program is around 12%.

Hamilton College

Hamilton College offers a single undergraduate program, which is an Economics major with a STEM concentration. This program consists of five core courses and four elective courses. The completion of a project in a designated 500-level course or the undertaking of a Senior Thesis are both acceptable ways to fulfill the Senior Project requirement in economics. Students majoring in economics who demonstrate outstanding academic performance, as evaluated by faculty members in the department, are awarded departmental honors. They will be learning specialized courses like the economics of discrimination, health economics, environmental economics, financial economics, etc. The acceptance rate for this program is around 11.8%.

Barnard College

Barnard College offers students with the option to pursue a major in Economics, allowing them to select either an economics track or a political economy track. The university also offers a 4+1 Bachelor/master's program in Economics and Operations Research. They will also be able to take up joint majors combining subjects like mathematics, social history, statistics, etc. with economics. The economics track includes subjects like macro theory, micro theory, foundations of political economy, etc. Candidates will also be able to choose electives and complete a senior thesis for course completion. The acceptance rate here is around 8.8%.

Fordham University

Fordham University offers a major in Economics, a BA in Economics, a B.A. in International Political Economy, a BA in Economics/Mathematics, and an Honors program. Economics majors are required to finish the following 11 courses: Principles of Macroeconomics, Principles of Microeconomics, Statistics, Statistics II, Math for Economists, Intermediate Macroeconomics, and Intermediate Microeconomics 2. The university has an acceptance rate of approximately 54.1%.

University of Rochester

The University of Rochester offers undergraduate programs in economics and financial economics- regular BA, and BA with honors. Additionally, the university also offers Economics majors. In order to officially declare an Economics major, students are required to achieve a grade point average of C or higher in a minimum of three courses from the following options: Principles of Economics, Intermediate Microeconomics, Intermediate Macroeconomics, Economic Statistics, or one semester of calculus. The university has an acceptance rate of around 38.9%.