The B.S. program in Biotechnology and Health Economics trains students with a distinctive combination of skills in Biosciences, Biotechnology, Sciences, and Economics. The interdisciplinary combination of complementary skills is in demand in various industries and consulting sectors. Skilled and quantitatively trained professionals are required to analyze not only the scientific side and new technologies and development, but also the economic implications for firms and individuals related to pricing, investment, innovation strategies, and economic and regulatory policies. The program prepares students for successful science-based careers with quantitative, modeling and policy knowledge in Economics. 

Program Overview

The B.S. in Biotechnology and Health Economics program is an innovative stand-alone degree that is distinct from our general B.S. Economics program. The program offers students abundant opportunities to acquire skills in a wide range of areas in Sciences and Economics. The curriculum is specifically designed for students who wish to add expertise in Economics to their training in Biological Sciences, Biochemistry and Biophysics, and Chemistry and Chemical Biology.

After Graduation

Post-Graduation Careers

The B.S. in Biotechnology and Health Economics program provides a strong foundation in Biosciences, Biotechnology, Sciences, and Economics. The innovative and interdisciplinary nature of the curriculum gives our students an advantage in the job market. Upon completion of the program, students are ready to embark on successful careers at the intersection of Sciences and Economics. Students are in good position to take advantage of career opportunities in areas such as pharmaceuticals, biotechnology, medical devices, healthcare consulting, health insurance companies, hospitals, public policy institutions, and in State and Federal Government.

 

The B.S. Economics program at Rensselaer provides students with a world-class education that prepares them for success in the global economy. Our students develop expertise in quantitative modeling and data analytics, applied economic theory, and conceptual tools of economics used to understand decision-making by individuals and firms, market dynamics, and economic policy in areas such as health care, technology and innovation, environment, international trade, law and economics, among others. After graduation, our students go on to careers in industry, consulting, banking and finance, business and management, government, and other areas. 

Program Overview

The B.S. Economics program features a flexible curriculum that emphasizes the application of quantitative tools to real-world economic problems and policy. In addition to the core coursework, students can select from a wide range of electives courses to tailor their curriculum to advance their individual career goals. Students have the opportunity to work closely with our diverse and talented faculty experts on research projects that develop quantitative skills and provide experience analyzing contemporary and real-world economic issues.   

After Graduation

The Economics program equips students with quantitative and analytical skills that are highly valued by employers in many fields. Salary data collected by Payscale and other organizations show that mid-career earnings for professionals with a B.S. degree in Economics rank in the top-10 of all majors. A B.S. Economics degree provides opportunities for lucrative careers in sectors such as banking and finance, management and business consulting, healthcare, and technology. Corporations across a wide range of sectors, international organizations, and Federal and State governments employ economists to analyze markets, new technologies, regulatory policies, and economic forecasting. In addition, students with an economics degree are well prepared to pursue graduate degrees in areas such as economics, finance, business, management, law, public policy, among others.

Economics students are exposed to a wide range of topics, including behavior of individuals and firms, quantitative and data-driven models of economic decision-making, behavioral and experimental economics, pharmaceuticals and biotechnology markets, financial economics, environmental and energy policies, international economics and globalization, applied game theory, and regulations and public policy.

About the Department

Academic Programs

Area of Study B.S. Minor B.S. + M.S. M.S. Ph.D.
Applied Economics and Policy Applied Economics and Policy, Ph.D.
Economics Economics, B.S. Economics, Minor Economics, B.S. + M.S. Economics, M.S.
Biotechnology and Health Economics Biotechnology and Health Economics , B.S.
Economics of Banking and Finance Economics of Banking and Finance, Minor
Economics of Biotech and Medical Innovation Economics of Biotech and Medical Innovation, Minor
Economics of Policy and Regulation Economics of Policy and Regulation, Minor
Economics of Technology and Innovation Economics of Technology and Innovation, Minor
Economics of Quantitative Modeling Economics of Quantitative Modeling, Minor

Program Overview

Our innovative and STEM-designated Ph.D. in Applied Economics and Policy is designed to equip students with the essential skills and knowledge needed to tackle complex economic questions and contribute to informed policy decisions.

Committed to helping talented students achieve their full potential, the Department of Economics at Rensselaer offers a welcoming and supporting environment for students to study and work that is supported by an exceptional library and computational facilities on campus, as well as a diverse student body.

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