Undergraduate Degree
Meaning of the Degree
The B.S. in Economics at Cal Poly Pomona provides a broad social science background, marketable skills, and a flexible world view useful for obtaining rewarding careers and becoming engaged citizens. Our students learn critical thinking and problem solving skills using statistics and mathematics required for modern economic analysis. These skills are introduced in principles courses, reinforced in advanced theoretical and applied courses, and mastered by the time the student reaches the final Senior Seminar course. Our program is unique for two distinct reasons. First, we offer a significant level of mentorship and the ability to conduct student-driven, faculty-guided research through a two-quarter senior seminar project.
Second, we offer three options that allow students to focus on material most relevant for their future career aspirations. The Applied Economics option prepares students for employment in business and government, Masters in Business programs, or Law School. Quantitative Economics emphasizes quantitative analysis and prepares students or technical positions in Finance, Data Analysis, Actuarial Science, and similar fields; or for graduate study in Finance, Applied Statistics, and Economics. Finally, the General Economics option prepares students for careers in public policy. In agreement with Cal Poly Pomona’s Core Values, all options give students hands-on experience with Excel, Stata, and R, which are programs that will be used, or are similar to those used in their future careers.
Quality of the Degree
Students completing the B.S. in Economics at Cal Poly learn how to interpret, analyze, and communicate economic phenomena relevant for government, business, and the general public. While earning their degree from Cal Poly, Economics undergraduates develop mathematical and statistical skills necessary to describe and analyze economic relationships, and to evaluate the appropriateness and usefulness of different economic theories. Students learn to clearly present their analysis and reasoning using current methods and technology in writing and presentations.
In addition to the instruction students receive in the classroom, they also have an Economics Club dedicated to connecting their education with potential paths they may take in life after graduating. Through the club, students engage in intentional learning on their own while competing in data analysis competitions with teams all over the world. They also visit Federal Reserve Offices to gain more in depth knowledge on how our financial sector operates and engage in other activities aimed at building communication and interpersonal skills with their colleagues.
Integrity of the Degree
The department uses various quantitative measures to measure student success and the effectiveness of the department. All students complete a two-quarter senior seminar project, which allows us to assess the students’ informational literacy and ability to transfer their learning to analyze an economics issue in depth. Additionally, we track the number of current software programs students are exposed to through their Economics courses. The ability to analyze data in the latest software packages such as Stata, ArcGIS, R, etc. is critical for a graduate to apply his or her knowledge to real world applications.
Post-graduate placement is tracked through our alumni network group on LinkedIn.com to measure the effectiveness of the training students receive. Success is counted as a high percent of students who obtain positions that require the tools taught in our program, such as employment in a government agency or private firm or admittance into graduate school. Faculty review students’ exposure to software programs, discuss senior seminar projects, and post-graduate placement to assess whether the department’s curriculum is meeting program goals on an annual basis.
Available Programs
Economics, B.S. - Applied Economics
The Applied Economics Option provides a background and understanding of the discipline for students from a wide variety of backgrounds with a focus upon applied and business applications. It provides students with an ideal foundation for employment in business or government sectors, as well as graduate work in Master's programs in business or related areas.
Economics, B.S. - General Economics
The General Economics Option provides a broad and flexible background and understanding of the discipline for students from a wide variety of backgrounds. It allows students to focus on either more applied or theoretical aspects of the field in order to prepare them for employment in the private or public sectors, or further their education inside or outside of economics. Specifically, the program provides the tools and perspective for future success in economics, business fields, public policy, law, and related areas. The program is flexible enough to offer students the discretion in choice of coursework to best prepare themselves to attain their future goals.
Economics, B.S. - Quantitative Economics
The Quantitative Economics Option provides a background and understanding of the discipline for students with a strong background in mathematics and statistics. It focuses on more theoretical and technical aspects of the field, and prepares students for graduate work in economics, and other technically challenging fields such as finance, actuary science, risk analysis, and applied statistics. This option is appropriate for students pursuing employment in the insurance and finance industries.
Economics Minor
Students enrolled in a variety of majors other than Economics may benefit from incorporating the Economics minor into their curriculum plans. The minor in Economics adds value to a degree in business, urban/regional planning, agriculture, other social sciences, engineering, and science. The Economics minor deepens the students' knowledge by providing academic preparation in courses that contain contemporary issues across a variety of subject areas. Economics courses enhance the students' application of analytical skills to broaden their knowledge and increase their intellectual capabilities to synthesize information and apply it to daily events that have effects on practices in a variety of fields. The quantitative rigor in most Economics courses also provides the student with rigorous application of mathematics to everyday issues.