Economics, B.B.A. (R, A, L)

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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.

REAL Curriculum

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)

ENGL 111 - Principles of College Composition (GE)

Foundational Math (3 credits)

MATH 100 - Quantitative Reasoning (GE)
MATH 121 - Math Content for Teachers I (GE)
MATH 125 - Precalculus I (GE) (Recommended for Economics majors due to required course prerequisites. Requirement may be fulfilled through placement testing.)

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)*

MATH 126 - Business Calculus (GE)
MATH 169 - Calculus I with Integrated Precalculus II (GE)
MATH 171 - Calculus and Analytic Geometry I (GE)
ECON 207 - Mathematical Economics (GE)
*ECON 207 requires a Foundational Math or placement test. MATH 126 requires MATH 125 . MATH 169 requires MATH 168 . MATH 171 requires MATH 138 .

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 2.0. 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.