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Concentration

Quantitative Economics and Econometrics

Carousel placeholder image Hailey Scoglund
April 5, 2022
Q&A: Smashing stereotypes and hitting goals, Hailey Skoglund is ready to make a difference
When Hailey Skoglund ’22 arrived at Florida Polytechnic University, she made the decision to embrace everything the University had to offer. She became chief justice of the Student Government Association, a Presidential Ambassador, a tutor...
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Careers in Quantitative Economics and Econometrics

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Job Growth

According to the U.S. Bureau of Labor Statistics, employment of economists, including econometricians, is projected to grow 6 percent from 2020 to 2030. However, job growth for econometricians specifically may vary depending on industry and location.

Industries that are expected to have strong demand for econometricians include finance and insurance, consulting services, and government agencies. Additionally, the increasing use of data and analytics across various industries is expected to drive demand for econometricians.

Discover Quantitative Economics and Econometrics

Econometrics is the application of statistical and mathematical methods to the study of economic data, with the goal of understanding and explaining economic events. Econometric students focus on issues related to business, the economy, labor issues, and global supply chain management by analyzing data and building models to understand the relationships between economic variables.

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Impact various Business Sectors

In the news, for instance, econometricians use their models to estimate the impact of the COVID-19 pandemic on the economy and the labor market, and to forecast the economic
recovery. Another example of econometricians’ real-world work is the use of econometric models to evaluate the effectiveness of monetary policy in controlling inflation.

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Power your Future

There is an increasing demand for econometricians in both the public and private sectors, according to econometrics employment trends. To be successful as an econometrician, students should have a strong background in mathematics and statistics, as well as excellent programming skills. They should also have sharp problem-solving skills, the ability to work with large datasets, and the ability to effectively communicate their findings to both technical and non-
technical audiences.

 

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Quantitative Economics and Econometrics Concentration

Quantitative Economics and Econometrics focuses on quantitative analysis and rigorous modeling of economic phenomena. This includes analysis of individual and firm decisions when data is messy, incomplete, or otherwise imperfect, analysis of strategic situations, and analysis of market outcomes and trends. Training in Quantitative Economics and Econometrics hones critical reasoning skills and prepares students for analytical careers or for graduate or professional study.

The Quantitative Economics and Econometrics Concentration is available for the following bachelor's degree programs:

 

Required Courses 

ECO 4400: Game Theory and Strategic Decisions (3 credits) 

ECO 4422: Econometrics: Casual Inference, Panel and Survey Data (3 credits)

ECP 3004: Contemporary Economic Issues (3 credits)

ECP 4044: Economic Analysis for Technologists (3 credits)

 

  Transfer Credits

  • Whether this is your first time in college after high school or you are transferring from another college to finish your bachelor’s degree, we understand that one of your top priorities is to learn how your past credit will apply to your Florida Poly degree.
  • Submit Official Transcripts and Test Scores: All official transcripts and test score reports must be sent to the Office of Admissions as soon as possible. If a transcript is sent while a term is in progress, students are required to send another official copy once final grades are available. This is to include final transcripts reflecting high school, associate’s, bachelor’s, or graduate degrees earned at a prior school.
  • Transfer Credit Evaluations: After a student has been admitted, transfer credit evaluations are completed by the Registrar’s Office to determine which courses taken outside of Florida Poly are applicable to the student’s selected program of study. Exam credit (AICE, AP, CLEP, and IB) is also evaluated for applicability at this time.
  • Grades accepted for college transfer credit: Florida Poly requires a student to earn a minimum of C or higher (a grade of C- (minus) does not meet the minimum grade requirement), to be transferrable and applicable to their degree. If an institution uses Pass/Fail grading, passed coursework equivalent to a C or higher (as indicated by the transfer institution) will be considered transferable.

Want to be a Phoenix? Get in touch with Admissions.