Oct 05, 2022
Economics is the study of how people manage limited (scarce) resources. All kinds of resources are scarce: money, time, natural resources, energy, land, etc. There are not enough resources to produce everything we desire, so we must make choices about how to use what little resources we have. In the end, sacrifices must be made. Economists study individual decision-making behavior, as well as the system of social, political, cultural and commercial environments where these decisions happen. A major in economics prepares students for a diversity of career opportunities. Economics majors are competitive for jobs in business and industry, local, regional, national, or international government agencies and social service institutions in both the public and private sectors. The economics major also is a good foundation for graduate training in business (MBA or Ph.D.), economics (M.A., M.S. or Ph.D.), public administration, law, and related areas. This major focuses on the commercial applications of Economics, with particular emphasis on analytics, innovation and value creation, strategic thinking, global perspectives, business knowledge and sustainability.
This major fulfills the R, A and L areas of the REAL Curriculum. Students develop scientific and quantitative reasoning by applying statistical and mathematical models to assist decision makers in solving business problems. Students develop cultural and behavioral analysis competencies by examining the interaction of cultures and behaviors within the contexts of the domestic and global economic environment, examining individual and group behavior in organizations, and examining the practices used by organizations to create value, enhance satisfaction, and manage customer relationships. Student develop applied learning competencies through the exploration of professional practice. This occurs through the application of knowledge, skills, and critical reflection in the various business disciplines. Students need majors and/or minors to fulfill the E area to complete the REAL Curriculum requirements.
REAL Foundational Requirements
Foundational Writing (3 credits)
Foundational Math (3 credits)
REAL Cornerstone Requirements
Writing Intensive (WI) Courses (6 credits)
Writing Intensive courses are denoted below with a (WI). Two writing intensive courses are required to graduate, with at least one at the 300- or 400-level.
General Education Requirements
General Education courses will be denoted below with a (GE). Students are required to take at least 30 credit hours of general education designated courses within their degree requirements. The Bachelor of Business Administration in Economics includes 30-31 general education credits.
Major Requirements (63-64 credits)
B.B.A. Core Requirements (42 credits)
These courses are required for all B.B.A. students in the Davis College of Business and Economics.
Economics Major (21-22 credits)
Required Courses (9 credits)
Innovation Elective (3 credits)
Choose one of the following:
Math Elective (3-4 credits)
Additional Economics Electives (6 credits)
Students must take 6 additional credits in ECON (not used to satisfy one of the requirements above).
Additional Degree Requirements
Students must earn a major GPA of 2.250. The major GPA is defined as all courses in the B.B.A. core and all courses prescribed for the major.
Open Credit Hours (56-57 credits)
These credits can be used to fulfill additional courses, majors, minors, and/or REAL Curriculum requirements, including Foundational Writing and Foundational Math.
Total Credits Needed for Degree 120