UCLA Economics Programs Now Classified as STEM
Beginning with the Fall 2019 graduating class, our Economics and Business Economics Bachelors, Master of Applied Economics, and Economics PhD programs will be officially classified as STEM (CIP code 45.0603). The STEM designation signifies the analytical rigor of our classes, which trains students in statistics and programming but also teaches them to see the world through the lens of economics. It opens up more job placement and grant opportunities for our students and we are looking forward to seeing how this will continue to develop our program offerings.
STEM (CIP Code 45.0603): A program that focuses on the systematic study of mathematical and statistical analysis of economic phenomena and problems. Includes instruction in economic statistics, optimization theory, cost/benefit analysis, price theory, economic modeling, and economic forecasting and evaluation.