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Dec 04, 2024
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University Catalog 2018-2019 [ARCHIVED CATALOG]
Business Economics (BS)
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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.
Program Requirements
A grade of “C” or better must be earned in all economics courses.
Humanities (GER)
- COMM 101: Principles of Communication Studies 3 Semester Credit Hours
- Select two Humanities (GER) courses from the following disciplines: Literature, Foreign Languages, History, Classical Studies, Communications, Philosophy, Religious Studies, or Interdisciplinary. NOTE: some of these subject matter disciplines may not be offered at Louisiana Tech University. 6 Semester Credit Hours
Natural Sciences (GER)
- Select one Life Science course from the following disciplines: Animal Science, Biology, Biochemistry, Botany, Environmental Science, Plant Science, or Zoology. NOTE: some of these subject matter disciplines may not be offered at Louisiana Tech University. 3 Semester Credit Hours
- Select one Physical Science course from the following disciplines: Chemistry, Geology, Physics, Astronomy, or Meteorology. NOTE: some of these subject matter disciplines may not be offered at Louisiana Tech University. 3 Semester Credit Hours
- Select one additional course from either Physical or Life Science to complete the Natural Sciences (GER) requirement. 3 Semester Credit Hours
Social/Behavioral Sciences (GER)
Electives
- Electives 6 Semester Credit Hours
Electives
- Electives 2 Semester Credit Hours
Electives
- Electives 3 Semester Credit Hours
Total Semester Hours 120
ACCT 485 , ECON 485 , FINC 485 , MGMT 485 , or MKTG 485 .
*Business Electives are chosen by the student in consultation with the faculty advisor and must be a 300- or 400-level business course.
**A grade of “C” or better must be earned in this course.
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