Quantitative Economics

Why study quantitative economics?

Students in this major learn the systematic study of mathematical and statistical analysis of economic phenomena and problems, as well as using cause-and-effect to make sense of the financial world.

With a focus on the quantitative side of economics, students in this major analyze situations using models and perform empirical analysis and computer simulations.
Quantitative economics is a designated STEM (science, technology, engineering & mathematics) major — recommended for international students looking to qualify for the optional practical training (OPT) extension or students pursuing economic graduate programs.

Economics Department

Academics at AU

Related Program of Study

Economics

FACULTY

Contact

Program Director of Quantitative Economics Dr. George Loginov
Department Chair of Economics Dr. David Sorenson

Latest News

Beyond the Books: Triple Major Molds Future Through CORE Molding Technologies Internship

Azam Shaik ‘25 is a data science, quantitative economics and finance triple major from Hyderabad, India. At Augustana, he is a Viking Advisor (VA), Augustana Cultural Exchange (ACE) Ambassador, Beacom Research Fellow, tutor and involved with the Viking Distance Project and intramurals. This summer, Shaik completed a remote internship with CORE Molding Technologies, a plastics engineering solutions company.

Putting the Quantitative in Economics: Augustana University Offering New Major

In September, Augustana University began offering a quantitative economics (QE) major, alongside its economics major. Quantitative economics is the economics degree with an emphasis on the quantitative (side) with three parts: analyzing situations using models, empirical analysis and computer simulations.

Highlights

Careers

Graduates secure careers as economic policy analysts, data analysts, economic consultants, loan officers, statisticians, actuaries and stockbrokers.

Hands-On Learning

Internship opportunities include:

Augustana Research Institute (ARI)
Economic development associations for county and state governments
South Dakota Chamber of Commerce
South Dakota Legislative Council

Quantitative economics students study away in:

London, England; Paris, France; and Oslo, Norway — focusing on sustainable business with AU faculty

Courses & Organizations

Courses dive into theoretical analysis, statistical inference and game theory & mathematical economics.

Economics students often participate in:

Computer Science Club
Math Club
Omicron Delta Epsilon International Honor Society