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Economics answers questions regarding why new companies start up, the causes of high unemployment and what determines interest rates. But economics is far broader. In addition to studying inequality and exchange rates, economists study underground and illegal markets, why people decide to get married and have children, and the economics of sports. Broadly defined, economics is the study of how individuals, businesses and governments make decisions and how the market mediates those decisions across a wide range of domains.
Economists develop theories to explain how the components of the economy such as individual people, companies and the government operate and interact with one another. They gather data to estimate the relationships among the various aspects of the economy. Based on these analyses, economists predict how people and companies will respond to changes in policies and external forces. These predictions, in turn, help guide private and public decision makers to form appropriate policies.
Academic qualification equivalents
English language requirements
Establishment Year | 1870 |
College Type | Public |
Annual Endowment | 5.2 billion USD |
Student Retention Rate | 94% |
Work-study program | Yes |
Mode of Program | Full time; Part-time; Online |
Campus Housing Capacity | 32% |
The annual cost of Attendance | 46,051 USD |
The overall expenses that must be made in order to complete a degree are mostly included in the cost of attendance. The expected cost of attendance for Ohio State students is listed here, according on their style of housing.
Expenses | On-Campus Students | Off-Campus Students |
---|---|---|
Tuition and Fees | 32,060 USD | 32,060 USD |
Room and Board | 12,748 USD | 11,700 USD |
Books and Supplies | 1,082 USD | 1,082 USD |
Miscellaneous/personal | 3,832 USD | 3,848 USD |
Total | 49,722 USD | 48,690 USD |
Tuition Fees in USA (1st Year Average) | BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176 |
Average Accomodation & Food Costs in USA | USD 700 to 1000 Per Month |
Entrance Exams in USA | TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177 |
Work and Study in USA | Permitted for 20 hours/week with a valid study permit. Know More |
Post Study Work Permit in USA | One to Two Years after graduation depending on the course. |
Cost of Student Visa in USA | USD 160 |
Student Visa in USA | F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More |
Intakes in USA | There are Three Intakes in USA: Fall (August-September), Spring (January) Know More |
Top Job Sectors in USA | Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance. |
Economy in USA | GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal |