Business Economics Curriculum (BS)
Economics majors are employed in all sectors of the economy–government, industry and finance, and non-profit organizations. In addition, undergraduate training in economics is an ideal major for those contemplating continuing their formal education in public administration, general business administration, law, or pre-medicine.
The use of economists in all areas of the economy has expanded rapidly and is expected to continue. Business economists perform a wide variety of tasks for governmental agencies and private organizations, such as statistical and general research, pricing and marketing, financial analysis, economic regulation, and forecasting business conditions.
To function effectively, the business economist must have both knowledge of theory and an understanding of economic and business facts and institutions. Although not all economists specialize in statistical or mathematical analysis, an adequate knowledge of mathematics is usually required. Students can also broaden their training by combining their economics major with other areas of interest.
Program Objectives
- Students will understand price, production, and distribution theories and practices.
- Students will understand the dynamics of the supply and demand for money and the role of the central bank in the money supply process.
- Students will understand the origins and operations of human capital allocation.
- Students will be able to analyze monetary and fiscal policies and their impact on business and society.