Economics
Toledo, Ohio, United States, United States
Bachelor of Arts in Economics
University of Toledo
Economics
Bachelor of Arts in Economics at the University of Toledo
The Bachelor of Arts in Economics at the University of Toledo prepares you to analyze data and interpret market trends for decision-making across industries such as finance, data analytics, technology, law, and government. As a STEM-designated degree program (CIP code 45.0603), this program offers international students the added benefit of extended Optional Practical Training (OPT) eligibility after graduation.
The program requires 30 hours in economics, including 15 hours of core courses in economic theory and statistics and 15 hours of electives chosen in consultation with your academic advisor. Both macroeconomics and microeconomics form the theoretical foundation, while field courses in areas like labor and monetary economics illustrate real-world applications of these theories.
What distinguishes UToledo's Economics program is the emphasis on undergraduate research opportunities, many of which are funded through the Shapiro Endowment. The department also offers a unique 4+1 combined B.A./M.A. pathway, allowing you to take up to 9 graduate credits as an undergraduate and complete both degrees within five years.
Key Program Highlights
- STEM-designated degree program enabling extended OPT for international students
- Funded undergraduate research opportunities through the Shapiro Endowment
- Accelerated 4+1 combined B.A./M.A. pathway to earn both degrees in five years
- Exclusive Shapiro Scholarships automatically awarded to first-year economics majors
Curriculum and Course Modules
The B.A. in Economics curriculum blends rigorous core coursework in economic theory and quantitative methods with flexible elective options. Students build a strong foundation in both macroeconomic and microeconomic analysis before specializing through field courses and faculty-advised research.
Principles of Macroeconomics (ECON 1150)
3 Credit HoursAn introductory course covering national economic systems, including GDP, inflation, unemployment, fiscal policy, and monetary policy. You will learn how governments and central banks influence economic activity at the aggregate level.
Principles of Microeconomics (ECON 1200)
3 Credit HoursThis foundational course examines individual markets, supply and demand, consumer behavior, production costs, and market structures. You will explore how individuals and firms make decisions under conditions of scarcity.
Introduction to Econometrics (ECON 2810)
3 Credit HoursFocuses on statistical techniques used to test economic theories and analyze real-world data. You will develop skills in regression analysis and hypothesis testing essential for evidence-based economic research.
Intermediate Macroeconomic Theory (ECON 3150)
3 Credit HoursBuilds on introductory macroeconomics with advanced models of economic growth, business cycles, and stabilization policy. You will critically evaluate competing macroeconomic frameworks and their policy implications.
Intermediate Microeconomic Theory (ECON 3200)
3 Credit HoursAn advanced exploration of consumer theory, producer theory, general equilibrium, and welfare economics. This course sharpens your analytical toolkit for understanding market efficiency and market failures.
Undergraduate Research in Economics (ECON 4910/4920)
3 Credit HoursProvides the opportunity to conduct individualized, faculty-directed research on an economic topic of your choice. Students may enroll multiple times and are encouraged to work with different faculty members for diverse research experiences.
Economics Electives
Admission Requirements
The University of Toledo welcomes applications from students worldwide and maintains a straightforward admissions process. To apply for the B.A. in Economics, submit your application and supporting documents through Uni4Edu, which will guide you through every step.
Academic Requirements
- High School DiplomaCompletion of secondary education equivalent to a U.S. high school diploma
- GPA RequirementMinimum 2.5 GPA on a 4.0 scale; 3.0 or above strengthens your application
- Math PreparationStudents should be prepared for placement into MATH 1730 or MATH 1850
- Standardized TestsTest-optional policy; SAT or ACT scores accepted but not required
- Financial DocumentationProof of adequate financial resources required for international applicants
English Language Requirements
- TOEFL iBTContact Uni4Edu for current minimum score requirements
- IELTSContact Uni4Edu for current minimum score requirements
- Duolingo English TestContact Uni4Edu for current minimum score requirements
Required Documents
Application Deadlines
For personalized admission guidance, document verification, and application support, please contact Uni4Edu
Scholarships and Funding
The University of Toledo offers generous financial support to economics students, with more than 85% of international undergraduates receiving scholarships or special tuition rates. The Department of Economics provides exclusive funding through the Shapiro Endowment, and additional merit-based awards are available university-wide.
Shapiro Scholarship for Economics Majors
Automatically awarded to first-year economics majors; renewable based on performanceFunded through the generous endowment of Professor Edward Shapiro, this scholarship is automatically awarded when you declare an economics major. It is renewable each year based on academic performance, and recipients may receive increased funding when enrolling in the combined B.A./M.A. program.
International Rocket Award
Merit-based; amount varies by GPAA merit scholarship for international students based on GPA. No separate application is required — if you qualify, the scholarship is awarded automatically upon admission to UToledo.
For detailed tuition fee information, please contact Uni4Edu — we will guide you through the costs and available funding options for this program.
Career Prospects for Economics Graduates
Economics graduates from the University of Toledo develop strong analytical, quantitative, and communication skills that are valued across a wide range of industries. The program's emphasis on data analysis and critical thinking prepares you for careers in business, government, nonprofit management, and beyond, or for further study in graduate and professional programs.
Potential Career Paths
Industries and Employers Hiring Economics Graduates
Rankings and Recognition
The University of Toledo is a public research university founded in 1872 that holds the prestigious Carnegie R1 Classification for very high research activity. It is consistently recognized in national and global rankings across multiple disciplines and is accredited by the Higher Learning Commission.
| Subject | Ranking Body | Rank |
|---|---|---|
| Economics (Bachelor's Program) | College Factual | #328 |
| Liberal Arts & Social Sciences | EduRank (U.S.) | #189 |
| Business & Economics | THE World University Rankings by Subject | #601 |
| Business & Management Studies | QS World University Rankings by Subject | #601 |
How to Apply
Applying for this program is easy with Uni4Edu. Our team will guide you through every step of the process — from document preparation to final enrolment.
Contact Uni4Edu
Reach out to our team via email or phone. We will assess your profile and confirm your eligibility for this program.
Prepare Your Documents
Our advisors will provide you with a personalised checklist of required documents and help you prepare your application package.
Submit Your Application
Uni4Edu will submit your application on your behalf and keep you updated on its progress throughout the review period.
Receive Your Offer
Once accepted, we will help you understand your offer, arrange visa support if needed, and guide you through the enrolment process.
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