University of Michigan

USA
9 Scholarships 215 Programs 3 Degree levels
Bachelor

Bachelor's in Economics

Offered at University of Michigan, USA
DegreeBachelor
FieldEconomics.

This programme is a Bachelor of Arts in Economics with a specialist focus on Environmental Economics and Policy, combining rigorous economic theory and quantitative methods with applied study of environmental problems and policy responses. It suits students who want to use economic tools to analyse natural resource management, climate policy, energy markets and sustainability challenges across public, private and non‑profit sectors.

What you'll study

The curriculum builds from a core of intermediate microeconomics and macroeconomics, calculus and econometrics toward elective and applied courses that address environmental issues. You will study the economic causes and consequences of environmental change and the design and evaluation of policy instruments such as taxes, tradable permits, and regulation. Typical topics and modules include:

  • Intermediate Microeconomics and Macroeconomics
  • Mathematical Methods and Calculus for Economists
  • Econometrics and Applied Data Analysis
  • Environmental Economics (market failures, externalities, valuation of environmental goods)
  • Natural Resource Economics (renewable and non‑renewable resources, fisheries, forestry)
  • Climate Economics and Energy Markets
  • Cost–Benefit Analysis and Policy Evaluation
  • Public Economics and Environmental Regulation
  • Quantitative methods and programming for policy analysis (e.g. statistical software, GIS basics)
  • Interdisciplinary electives from environmental studies, public policy, and sustainability (law, ecology, urban planning)

The degree typically follows a four‑year structure: foundational mathematics and introductory economics in the early years, intermediate theory and econometrics in the middle years, and specialised electives, capstone projects or independent research in the final year. Students often combine the major with a minor or a dual programme in Environment, Public Policy, Data Science or Energy Systems to strengthen interdisciplinary skills.

Entry requirements

Admission to the University of Michigan undergraduate programme is competitive and based on a strong secondary school record. Applicants are expected to demonstrate aptitude in mathematics—courses through pre‑calculus and preferably calculus—and strong performance in quantitative subjects. Suggested academic preparation includes:

  • A rigorous high school curriculum with calculus and statistics where available
  • Preparation in sciences and social sciences to show breadth of study
  • Evidence of analytical skills through coursework, projects or extracurricular activities

Placement policies and credit for advanced standing (for example AP, IB or other recognised pre‑university examinations) may allow students to begin higher‑level economics or mathematics earlier; prospective students should consult admissions guidance and departmental advisors for details. Competitive applicants typically present a clear interest in economics and environmental policy in their application materials.

Career prospects

Graduates blend economic analysis with environmental knowledge and are sought after in a variety of roles. Typical career paths include:

  • Environmental or resource economist positions in government agencies and regulatory bodies
  • Policy analyst roles at think tanks, non‑governmental organisations and advocacy groups
  • Consultancy positions advising on environmental regulation, emissions trading, or sustainability strategy
  • Analyst roles in energy, utilities, and natural‑resource companies
  • Data analyst and research assistant posts that use econometrics and environmental modelling
  • Further study in applied economics, environmental policy, public policy, or law

The programme’s strong quantitative foundation also prepares graduates for careers in finance, urban planning, and international development where environmental considerations are increasingly central.

Why study at University of Michigan

The University of Michigan offers a strong economics department combined with extensive interdisciplinary resources focused on environment and sustainability. Students benefit from collaboration opportunities with units such as the School for Environment and Sustainability, public policy programmes, and research centres that address energy, climate and natural‑resource challenges. The campus’s research culture provides access to faculty working on applied environmental econometrics, climate policy design, and energy markets, together with opportunities for undergraduate research, internships in the Great Lakes region and Detroit metropolitan area, and engagement with a large alumni network. These connections, combined with robust career services and experiential learning options, support both immediate employment and preparation for graduate study.

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Programme details are indicative and may change — always verify current information with the official university website before applying.