Contact Information

General Contact

Admissions Office

Financial Aid Office

ACCEPTANCE RATE

18.57%

FINANCIAL AID RATE

64%

STUDENT TEACHER RATIO

8:1

FINANCIAL AID AWARD AVG.

$40,813

Average Grants + Scholarship Aid Awarded to Undergraduate Students

Percent of Full-Time Undergraduates Receiving Financial Aid

Percent of Students Paying In-State Tuition vs Out-of-State Tuition

School Map

Economics Degree

The economics program at Washington and Lee University 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 Virginia colleges that offer economics degrees.

Learn more by requesting information now!

Washington and Lee University

Also known as Washington and Lee

5817 Wesleyan Drive, Virginia Beach, VA

About
Washington and Lee University, located in Lexington, Virginia, was founded in 1749. The school was originally known as Augusta Academy, but has its name changed in 1776 to Liberty Hall, later Liberty Hall Academy, in response to the revolutionary fervor that had become part of the American identity. In 1796 the school was given $20,000 dollars in stocks as an endowment from President George Washington, preventing the school's closure. The school was renamed Washington Academy, later Washington College, in appreciation of the endowment. In 1865 General Robert E. Lee became president of the institution, and remained so until his death five years later. The school was then renamed to Washington and Lee University.

Academics
W&L has two separate schools for academic programs, with the College focusing on the liberal arts and humanities and the Ernest Williams II School of Commerce, Economics, and Politics covering fields within the scope of the school. In total there are 41 academic programs available to graduates, though all freshman students begin their education at the College. Students may throughout their four years take elective courses offered at both schools. The law school provides juris doctor and master of law degrees through its programs.

Programs offered include:

Admissions and Financial Aid
Students interested in enrollment must submit an application along with all pertinent transcripts and test scores as well as two teacher recommendations and one counselor recommendation. The submitted application will be reviewed and students notified if they have been admitted into the school.

Financial aid is available in the form of grants, loans, work study programs and scholarships. Students in need of financial assistance must complete the Free Application for Federal Student Aid (FAFSA) and submit it along with their most recent tax information in order to determine eligibility and awards. Scholarships may be awarded by the school, through federal programs, or by private scholarship granting committees and organizations.

Students Enrolled in the Economics Program

Get more details below regarding enrollment, academics, and school demographics. Washington and Lee offers a bachelor's degree program in economics.

Students by Gender (2019)

 Graduates
Male44
Female23

Students by Race (2019)

 Graduates
Asian2
Black2
Hispanic4
White51
Multiple Races1
Non Resident Alien5
Unknown2

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Students who have completed the Economics program at Washington and Lee University, have entered into some of these more popular career paths listed below:

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

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

Admission Requirements & Details

The admissions information below may provide a better idea of the students Washington and Lee accepts. The details may include admissions application requirements and recommendations, as well as any AP credits that may be transferred.

College Credits Accepted

  • Dual Credits
  • AP Course Credits
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Academics & Student Services

Student Services

To help students and recent graduates, Washington and Lee University may offer services to students including:

  • Counseling assistance
  • Student employment
  • Assisting students to find work

Intercollegiate Athletics

Washington and Lee University is a Member of National Collegiate Athletic Association (NCAA), with many of the sports being in the NCAA Division III with football classification. The most popular sports played are listed below:

  • Baseball (Old Dominion Athletic Conference)
  • Basketball (Old Dominion Athletic Conference)
  • Field Hockey
  • Football (Old Dominion Athletic Conference)
  • Golf
  • Lacrosse
  • Soccer
  • Swimming
  • Tennis
  • Track and Field, Indoor
  • Track and Field, Outdoor
  • Track and Field, X-Country
  • Volleyball
  • Wrestling
  • Equestrian