The Department of Economics is happy to announce its Certificate in Economic Analytics. When analyzing data, economists use many of the same statistical tools as other disciplines. However, economists have a tradition of formally combining data analysis with economic models, giving a different perspective on data and how to think about data analysis. This certificate will introduce non-Economics majors to this economic approach to data analytics.
How to Get in
There are no prerequisites to declaring the certificate; students are encouraged to declare as soon as they are comfortable. Declaration of the certificate occurs via an online form, but students are encouraged to schedule a meeting with an Economics advisor.
Economics majors are not eligible to declare this certificate.
Requirements
The certificate requires at least 14 credits, from:
| Code | Title | Credits |
|---|---|---|
| Complete one option from each category: | ||
| Microeconomics (complete one course): | 3-4 | |
| Intermediate Microeconomic Theory | ||
| Intermediate Microeconomic Theory - Advanced Treatment | ||
| Statistics (complete one option): | 4-8 | |
| Statistics: Measurement in Economics | ||
| Data Science Modeling I and Data Science Modeling II | ||
| R for Statistics I and Applied Regression Analysis | ||
| Econometrics (complete one course) | 4 | |
| Introduction to Applied Econometrics | ||
| Introductory Econometrics | ||
| Data-Related Economics Elective (complete one course): | 3-4 | |
| Economic Forecasting | ||
| Fundamentals of Data Analytics for Economists | ||
| Topics in Economic Data Analysis | ||
| Total Credits | 14 | |
Residence and Quality of Work
- Minimum 2.000 GPA on all certificate courses
- At least 7 credits must be taken in residence at UW-Madison
Certification Completion Requirement
This undergraduate certificate must be completed concurrently with the student’s undergraduate degree. Students cannot delay degree completion to complete the certificate.
Learning Outcomes
- apply microeconomic models to understand and interpret individual behavior and market outcomes as the result of individual optimization
- estimate the value of unknown parameters and test theories using formal hypothesis tests
- summarize the conditions required for a statistical association to represent a causal relationship; evaluate the extent to which those conditions hold in particular settings; interpret the results when those conditions don’t hold
- download, clean, and analyze large economic datasets using modern statistical software
Advising and Careers
Academic Advising
If you are wondering how this certificate can fit into your academic plans or help with your career goals, be sure to meet with an advisor. Our academic advisors can help you create an academic plan and ensure you are making the most of your academic experience. Find us on the campus map.
Email: econadvise@ssc.wisc.edu
Phone: 608-262-6925
Economics Career Development Office
The Economics Career Development Office (ECDO) provides career advising to help economics students explore career options and search for jobs and internships including reviewing application materials (cover letter and resume). Career advisors work with students to develop an individualized job/internship strategy based on the student's background and career goals. Career advising is open to declared economics majors, anyone considering majoring in economics, or students pursuing the Economic Analytics certificate who would like economics-specific career advice. Set up an appointment or email your questions to econcareers@ssc.wisc.edu.
L&S Career Resources
Every L&S major opens a world of possibilities. SuccessWorks at the College of Letters & Science helps students turn the academic skills learned in their major, certificates, and other coursework into fulfilling lives after graduation, whether that means jobs, public service, graduate school or other career pursuits.
In addition to providing basic support like resume reviews and interview practice, SuccessWorks offers ways to explore interests and build career skills from their very first semester/term at UW all the way through graduation and beyond.
Students can explore careers in one-on-one advising, try out different career paths, complete internships, prepare for the job search and/or graduate school applications, and connect with supportive alumni and even employers in the fields that inspire them.
- SuccessWorks
- Set up a career advising appointment
- Enroll in a Career Course - a great idea for first- and second-year students:
- INTER-LS 210 L&S Career Development: Taking Initiative (1 credit)
- INTER-LS 215 Communicating About Careers (3 credits, fulfills Comm B General Education Requirement)
- Learn about internships and internship funding
- INTER-LS 260 Internship in the Liberal Arts and Sciences
- Activate your Handshake account to apply for jobs and internships from 200,000+ employers recruiting UW-Madison students
- Learn about the impact SuccessWorks has on students' lives
People
Faculty
- Aizawa, Naoki, Associate Professor
Labor Economics, Health Economics, Public Economics - Barwick, Panle, Professor
Industrial Organization, Applied Microeconomics, Environmental Econometrics - Bernard, Benjamin, Assistant Professor
Game Theory, Microeconomic Theory, Financial Economics - Boerma, Job, Assistant Professor
Macroeconomics, Public Finance - Braxton, Carter, Assistant Professor
Macroeconomics, Labor Economics, Consumer Finance - Camboni, Matteo, Assistant Professor
Microeconomic Theory, Economics of Organizations - Chiang, Harold, Assistant Professor
Econometrics - Corbae, Dean, Professor
Macroeconomics - Coulibaly, Louphou, Assistant Professor
International Finance and Macroeconomics, Monetary Economics - Cox, Lydia, Assistant Professor
International Trade and Macroeconomics - Deneckere, Raymond, Professor
Microeconomic Theory, Industrial Organization - Engel, Charles, Professor
International Economics, Macroeconomics - Fu, Chao, Professor
Labor Economics - Gregory, Jesse, Associate Professor
Labor Economics, Public Economics - Agustin Gutierrez, Postdoctoral Fellow
International trade, Macroeconomics, Labor Economics - Hansen, Bruce, Professor
Econometrics - Hendricks, Kennan, Professor
Industrial Organization - Houde, Jean-Francois, Professor
Industrial Organization - Kang, Karam, Associate Professor
Political Economy, Industrial Organization, Environmental Economics - Kennan, John, Professor
Labor Economics - Kirpalani, Rishabh, Assistant Professor
Macroeconomics, Public Finance, International Economics, Financial Economics - Lentz, Rasmus, Professor
Labor Economics, Macroeconomics, Microeconomics - Magnolfi, Lorenzo, Assistant Professor
Industrial Organization, Applied Microeconomics, Applied Econometrics - Martellini, Paolo, Assistant Professor
Macroeconomics, Labor Economics, Urban Economics - Mommaerts, Corina, Assistant Professor
Public Economics, Labor Economics - O’Connell, Martin, Assistant Professor
Public Economics, Industrial Organization - Porter, Jack, Professor
Econometrics - Quint, Daniel, Associate Professor
Microeconomic Theory, Industrial Organization - Rojas-Ampuero, Fernanda, Assistant Professor
Labor Economics - Rostek, Marzena, Professor
Microeconomic Theory, Market Design, Finance - Ruhl, Kim, Professor
International Economics - Seshadri, Ananth, Professor
Macroeconomics, Public Finance - Shi, Xiaoxia, Professor
Econometrics - Smith, Jeffrey, Professor
Labor Economics, Public Economics - Smith, Lones, Professor
Microeconomic Theory - Sorensen, Alan, Professor
Industrial Organization - Sullivan, Christopher, Assistant Professor
Industrial Organization, Applied Microeconomics - Swanson, Ashley, Associate Professor
Industrial Organization, Health Economics, Education Economics - Taber, Christopher, Professor
Labor Economics, Applied Econometrics, Public Economics - Weretka, Marek, Associate Professor
Economic Theory, Finance - West, Kenneth, Professor
Macroeconomics, Econometrics - Williams, Noah, Professor
Macroeconomics - Wiswall, Matthew, Professor
Applied Microeconomics, Applied Econometrics, Labor Economics, Education and Demographic Economics - Wright, Randall, Professor
Macroeconomics, Finance - Yata, Kohei, Assistant Professor
Econometric Theory, Applied Econometrics
Affiliated Faculty
- Chang, Briana
Financial Intermediation, Information Frictions, Search and Matching Theory - Chinn, Menzie
- Chung, Kevin
Quantitative Marketing - Montgomery, James
Economic Sociology, Religion, General Social Theory, Demography and Ecology, Social Psychology and Microsociology - Sarada
Economics of Entrepreneurship and Innovation - Schechter, Laura
Development Economics, Behavioral and Experimental Economics, Risk Analysis - Smeeding, Timothy
Poverty, Intergenerational Mobility, Inequality, Wealth
Instructional Staff
- Alder, Simeon, Faculty Associate
Macroeconomics, Growth and Development, Matching - Chan, Stella, Lecturer
- Eudey, Gwen, Senior Lecturer
Open Economy Macroeconomics - Friedman, Matthew, Lecturer
- Glawtschew, Rebecca, Lecturer
- Hansen, David, Lecturer
Development Economics and Labor Economics - Hansen, Korinna, Senior Lecturer
Applied Microeconomics, Health Economics - Johnson, David, Senior Lecturer
- McKelvey, Christopher, Lecturer
Development Economics - Pac, Gregory, Senior Lecturer
- Rick, Steven, Senior Lecturer
- Trost, Steve, Lecturer
For a public directory of our faculty, please visit the Faculty page on our website.