May 11, 2024  
Rensselaer Catalog 2023-2024 
    
Rensselaer Catalog 2023-2024

Biotechnology and Health Economics


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The B.S. in Biotechnology and Health Economics provides students with a combination of skills in the biosciences, biotechnology, and economics. We anticipate substantial demand from various sectors in industry and consulting for majors from this program. The combination of skills in complementary areas of biotechnology, sciences and economics is increasingly in demand in industry and consulting. Skilled and quantitatively-trained personnel are often required to analyze not only the scientific side and emergence of new technologies, but also the economic implications for firms related to their pricing, investment, and innovation strategies, as well as the interface with economic and regulatory policy. 

Objectives:

  1. Be able to understand and analyze the key technological and economics related issues in the biomedical and healthcare industries.
     
  2. Develop analytical skills to study the scientific aspects of biotechnology and biosciences, and the economics of healthcare markets and policies. Particular emphasis will be placed on modeling, and quantitative and data analysis.
     
  3. Be prepared for career opportunities in a wide range of companies in the pharmaceuticals, biotechnology, and medical devices sectors, healthcare consulting firms, health insurance companies, hospitals, public policy institutions, in State and Federal Government, among other sectors.

First Year


Second Year


Fall


Spring


  • Biotech and Health Economics Concentration Course #1 Credit Hours: 4 [See Footnote 2]
  • Free Elective Credit Hours: 4

Third Year


Summer


Fall or Spring


  • Biotech and Health Economics Concentration Course #2 Credit Hours: 4 [See Footnote 2]
  • Free Elective Credit Hours: 4
  • Free Elective Credit Hours: 4
  • Economics Focus Area Course #3 {see Footnote 4} Credit Hours: 4

Fourth Year


Fall


  • Biotech and Health Economics Concentration Course #3 Credit Hours: 4 [See Footnote 2]
  • Free Elective Credit Hours: 4
  • Free Elective Credit Hours: 4
  • Culminating Experience Course: Credit Hours 4 (see footnote 3)

Spring


  • Biotech and Health Economics Concentration Course #4 Credit Hours: 4 [See Footnote 2]
  • Free Elective Credit Hours: 4
  • Free Elective Credit Hours: 2

Footnotes


  1. If credit is transferred for ECON 1200 , you can not also receive credit for INQR 1200  . Students who bring transfer ECON 1200  into Rensselaer prior to their first semester should take ECON 2010  instead of INQR 1200  in their first semester. 
     
  2. Concentrations for Biotechnology and Health Economics: 
    • Data Analytics
    • Drug Discovery
    • Biotechnology
       
  3. Biotechnology and Health Economics majors must complete at least one of the following courses to satisfy the culminating experience requirement:

Data Analytics Focus Area


Drug Discovery Focus Area


Biotechnology Focus Area


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