program detail
Application icon

USD 15314

Annual Tuition Fee

!
*Subject to change and other fees
Application icon

USD 30

Application Fee

Duration icon

48 months

Duration

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5.5

IELTS

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79

TOEFL

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75%

Min GPA

Program Overview

The economics program at UMN Morris will prepare you for a wide range of careers in the field of economics or to pursue graduate studies related to economics. It can also give you a solid foundation for other careers, whether it be in government, private business, or the nonprofit sector. Often, students combine an economics major with another major, such as business and management, which requires many of the same courses as an economics major. 

The economics discipline focuses on the economic environment as a social science. As a student majoring or minoring in economics, you’ll explore how the productive life of society is organized, how it came to be, and what might be done to make it better. You’ll study markets and institutions that make up the modern economy. You’ll learn the ways that competition and free markets can be beneficial, and the circumstances under which they can lead to undesirable outcomes. You’ll examine how the US and other nations function, taking a look at how other nations have managed tensions between state and private sector control of the economy. You’ll gain a better understanding of historical phenomena, such as the Great Depression, the Great Recession, stagnating wages, and rising inflation.

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Additional Information

Program Level 4-Year Bachelor's Degree

College/University Processing Time 21 Days

Program Format Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Open

Aug 2025

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School.

    5.5 IELTS Score
    79 TOEFL Score Minimum Overall Score
    53 PTE Score Minimum Overall Score
    105 Duolingo Minimum Overall Score
    540 Sat Minimum Overall Score
    75% CGPA Minimum Overall Score

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    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the Programs page.

    Average Tuition Fee Per Year

    15314

    Tuition Fee
    (USD)

    USD 30

    Application Fee
    (USD)

    11302 Per year

    Average Cost of Living
    (USD)

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    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    Check program website for more information about funding options.

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