Economics: The UDC Edge
UDC’s location in the nation’s capital, where national economic policy is debated and enacted, gives you a unique eye into how economics affects society. Our affordable program gives you a solid foundation for a range of career or graduate study options.
In addition, our mission of service to the Washington, D.C., community as a land-grant institution informs our program’s focus on the connection between urban problems and the economic circumstances of minorities.
Bachelor’s Degree (BA) in Economics
Economics is a field of study that is highly relevant to our daily lives. At its heart, economics is a social science examining the impact of collective decision-making. If you look around, you can find economics at the core of most of the issues in society that matter to you, whether it is income inequality, the rise and fall of various industries or the fate of urban communities.
A bachelor’s degree in economics from the University of the District of Columbia gives you the tools, insight and versatility to address complex social problems across a range of fields.
In our program, you will:
- Understand how economic systems produce, distribute and allocate resources
- Develop an understanding of contemporary national and international economic events and how countries affect each other economically, financially, politically and environmentally
- Become a global citizen, promoting new economic practices that are compatible with the globalization of production, consumption and finance and utilizing economic tools and methods to achieve a sustainable environment.
- Analyze urban problems, particularly those related to employment, housing, and the economic conditions of African-Americans and other minorities
- Gain an ethical framework for decision-making
- Understand how economics relates to your special interests and career opportunities
- Acquire the theoretical and analytical tools necessary for graduate study in economics and other fields such as law or business, including skills in research, written and oral communication, and field work.
- School of Business and Public Administration
- Learn more about applying for admissions to the economics program
- Master’s degree in business administration (MBA)
- Apply for a scholarship in the School of Business and Public Administration [PDF]
Curriculum and Requirements in the UDC Economics Program
The bachelor’s degree in economics requires 120 credit hours, 36 of which come from the economics department. Required courses include the following:
- Principles of Economics I and II
- Price Theory (often called Microeconomic Theory)
- Macroeconomic Theory
- Business Statistics and Quantitative Methods (or equivalents)
- International Finance or International Trade
Students may choose at least four upper-level elective courses from the following options:
- Health Economics and Public Policy
- State and Local Finance
- Economic History of the United States
- Managerial Economics
- Mathematical Economics
- Money and Banking
- Urban Economics
- Public Finance
- Labor Economics
You may also take a seminar course or a fifth elective in economics
Additional electives may be selected in order to tailor your degree program to your area of interest.
Student Organizations and Activities in the UDC Economics Program
- Delta Mu Delta International Honor Society in Business
- Omicron Delta Epsilon International Economics Honor Society
- Students in Free Enterprise (SIFE)
- UDC Accounting Club
- National Association of Black Accountants (NABA)
UDC students attend the annual Opportunity Funding Corporation’s Venture Challenge business plan competition in Atlanta, Georgia. In 2011, UDC placed fifth out of nearly 30 competing institutions.
Faculty Spotlight: UDC Economics Program
Robert D. Ebel, visiting professor of economics and public administration, is a member of the International Monetary Fund Panel of Experts/Fiscal Affairs Division. From 2006 to 2009, he served as Deputy Chief Financial Officer for Revenue Analysis and Chief Economist for the Washington, D.C., government. Prior to that position, he was a senior fellow at joint Urban Institute/Brookings Institution Tax Policy Center and lead economist for the World Bank Institute’s Capacity Building programs on Public Finance, Intergovernmental Relations and Local Financial Management. While at WBI he served as the World Bank’s technical representative to the Sudan Peace Consultations (2002-2005), and for, the African Union a technical resource person at the Inter-Sudanese Peace Consultations on Darfur (2006).