Economics Degree

The economics program at Loyola University Chicago prepares students for careers as a consultant, financial analyst, market analyst, public policy analyst, purchasing manager, and research assistant. The program focuses on the systematic study of the production, conservation, and allocation of resources in conditions of scarcity, together with the organizational frameworks related to these processes. Program courses include: economic theory, micro and macroeconomics, comparative economic systems, money and banking systems, international economics, quantitative analytical methods, and public policy issues. Get more details below including other Illinois colleges that offer economics degrees.

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Loyola University Chicago

8317 W North Avenue, Melrose Park, IL

Loyola University Chicago, a nonprofit private institution, offers a large number of degree programs, allowing students to choose which major is right for them. Located in Chicago, IL, the school offers an urban setting for students to study in. The Roman Catholic affiliation at the school is an important part of the history, education and vision that defines the school. Enrollment at Loyola University Chicago exceeds sixteen thousand per year.

A list of some of the more popular programs offered are:

• Public Administration And Social Services
• Business And Marketing Studies
• Biological And Biomedical Sciences
• Legal Professions And Studies
• Psychology

To be considered for admissions, students may be asked to fill out an application, provide letters of recommendations, and submit school transcripts, which are then studied by the admissions office. An ACT or SAT exam may be required prior to applying, with scores within the range of 1610 to 1950 on the SAT and in a range of 25 to 29 on the ACT is common among students accepted to this school. Roughly 50 percent of all students that applied were admitted at this school, with 20 percent of those accepted choosing to enroll. More information regarding admissions can be found here.

The cost of tuition is nearly $37,000 annually. Tuition prices may change for a variety of reasons, and therefore students should visit the school's tuition calculator to get a better idea of their cost of attendance. The price of on-campus housing is about $8,300 annually. Loyola University Chicago may provide financial aid for students who are eligible in the form of loans, grants, scholarships and work study programs.

Athletic programs are available at Loyola University Chicago through the NCAA, allowing students to participate in intercollegiate athletics. Sports available may include but not limited to:

• Basketball (NCAA Division I-AAA)
• Track & Field (NCAA Division I-AAA)
• Golf (NCAA Division I-AAA)
• Soccer (NCAA Division I-AAA)

Contact information, admission forms, areas of study, and more may be accessed on school's website at http://www.luc.edu.

Career Options for Graduates

Regulatory Affairs Managers

Description

Plan, direct, or coordinate production activities of an organization to ensure compliance with regulations and standard operating procedures.

Economists

Description

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Career Outlook & Projections ()

According to the BLS, economists employment is expected to grow at a rate of 5.7% from 2014 to 2024

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 310
  • Average Hourly Rate: $49.69
  • Average Annual Salary: $103350

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).