3002 Business Administration, 372-2646
The study of economics involves an analytical look at how scarce resources are allocated to various areas of production. It emphasizes the importance of making choices between desirable alternatives. The study of economics provides tools to make these choices in such areas as employment, economic growth, price stability and trade. The bachelor of science in economics is especially suited for students who wish to combine a major in economics with concentrated study in other disciplines. The B.S. in economics requires three more economics courses than the economics specialization in the bachelor of science in business administration (BSBA), but the B.S. in economics permits students to choose their own cognate field of study (15 hours). The B.S. in economics is well suited for double majors. For example, students can expand the number of hours in the cognate field to achieve a major in such areas as sociology, political science, history, mathematics or psychology. Students may also combine a major in economics with business fields such as accounting, finance, legal studies, marketing or management. This program provides students with a meaningful educational experience that is suitable for employment in a wide variety of occupations in business or government, and for continued study in graduate schools in economics, business, law and other fields.
Each student is required to complete ENG 112 and may need to complete 110 and/or 111, depending upon the student's placement.
General education
Each student is required to complete the University general education
program, including two courses in natural
sciences, two courses in social and behavioral sciences, two courses in humanities
and arts, one course in United States cultural diversity and one general education
elective. For specific requirements and a list of courses that satisfy requirements, see p. 6
or the college office.
Each student is required to complete MATH 126 or 131, or both 134 and 135 and to complete STAT 211 and 212. Students are strongly urged to take MATH 131, or 134 and 135, rather than 126. Credit for MATH 095, 098 and 120 does not count toward the degree.
Natural sciences
One lab science course from the list of natural science courses for University general education is required and may be counted toward general education requirements.
Social and behavioral sciences
Each student is required to complete four courses from the list of social and behavioral sciences courses for University general education: ECON 202, 203 and two additional courses. Any two of the four courses may be counted toward general education requirements.
Humanities and arts
Each student is required to complete three courses from the list of humanities and arts courses for University general education. Any two of the three courses may be counted toward general education requirements.
Oral and written communications
All economics majors must satisfy a written and oral communications requirement in economics. Certification by an economics faculty member that the requirement has been met is required. Details are available in the department office.
Free electives
Economics (except ECON 200) or other courses may be used as free electives to complete the minimum degree requirements of 122 credit hours. The number of credit hours needed (18-31) is determined by the number of hours taken as University, college or major requirements.
Free electives should be selected in consultation with the student's adviser. IPC 102 and at least one course in computer science are recommended electives. Generally a student may take courses in any department of the University in meeting this requirement. For a list of courses that do not count toward the degree, see the appropriate check sheet of degree requirements or contact the department or Undergraduate Studies in Business.
Each student is required to complete ECON 302, 303, 473, three hours of quantitative economics (ECON 400, 401 or 402) and 18 additional hours of 300- and 400-level ECON or approved related courses. Students must also complete a cognate concentration.
Cognate concentration
To complete the cognate concentration, 15 hours must be selected from the areas of business administration, arts and sciences or education, after consultation with and approval of the program adviser. ECON 200 may not be counted toward the cognate concentration or free electives.
First year
Second year
Third year
Fourth year
Other programs in economics
Bachelor of arts major in economics (see College of Arts and Sciences, p. 58)
BSBA specialization in economics (see p. 72)
Minor in economics below
The College of Business Administration and its departments offer several minors. Students should consult the department offering the minor and the college of their major. The student must register for the minor in the college office of their major. The major college may restrict counting a course for both the minor and the major.
344 Business Administration, 372-2363
The applied statistics minor is available to all students except those majoring in statistics.
Minor (25 hours)
MATH 131, 232 (134 and 135 may be substituted for 131)
One of the following sets:
STAT 402, 408
One from: STAT 406, 412, 414, 416; MATH 447
If the college of the student's major does not allow the same course to be counted for both the major and the minor, the number of remaining hours for the minor must be at least 18. Substitute courses must be approved by the Department of Applied Statistics and Operations Research.
3002 Business Administration, 372-2646
The economics minor is available to all students except those majoring in economics or general studies in business in the College of Arts and Sciences (see p. 58) or majoring or specializing in economics in the College of Business Administration. The minor is for students who want some exposure to economics but who do not want the full complement of theory. The minor is an excellent complement to other social sciences such as political science, psychology, history or sociology, and provides a strong policy focus.
Minor (21 hours)
In addition, all economics minors must satisfy a written and oral communications requirement in economics. Certification by an economics faculty member that the requirement has been met is required. Details are available in the economics department office.
If the college of the student's major does not allow the same course to be counted for both the major and the minor, the number of remaining hours for the minor must be at least 21. Substitute courses must be approved by the Department of Economics.
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The international business minor is available to all students except those completing a BSBA degree or majoring in general studies in business in the College of Arts and Sciences. The minor is designed for students outside the College of Business Administration (such as those majoring in a foreign language, area studies or international studies) who want a foundation in business administration.
Students must take a core of business administration and economics courses and choose either an international business transactions and marketing track or an international finance track.
Minor (21-24 hours)
If the college of the student's major does not allow the same course to be counted for both the major and the minor, the number of remaining hours for the minor must be at least 18. Substitute courses must be approved by the Department of Legal Studies and International Business.
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The minor in management information systems is available to all students except those majoring in general studies in business in the College of Arts and Sciences or specializing in management information systems in the BSBA program.
Minor (27 hours)
If the college of the student's major does not allow the same course to be counted for both the major and the minor, the number of remaining hours for the minor must be at least 18. Substitute courses must be approved by the Department of Accounting and Management Information Systems.
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The marketing minor is available to all students except those completing a BSBA degree or majoring in general studies in business in the College of Arts and Sciences.
Minor (21 hours)
In addition to meeting all course prerequisites, students completing a minor in marketing must achieve a "C" or better in each course they take as part of the minor.
If the college of the student's major does not allow the same course to be counted for both the major and the minor, the number of remaining hours for the minor must be at least 12. Substitute courses must be approved by the Department of Marketing.
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The operations research/management science minor is available to all students except those majoring in general studies in business in the College of Arts and Sciences.
Minor (26 hours)
If the college of the student's major does not allow the same course to be counted for
both the major and the minor, the number of remaining hours for the minor must be
at
least 18. Substitute courses must be approved by the Department of
Applied Statistics and Operations Research.
Several programs are related to the undergraduate programs in the College of Business Administration in terms of business and other courses taken for the program. Students may choose to complete the BSBA and/or B.S. in economics and another degree (see Dual degrees, p. 6), with the exception of those students majoring in general studies in business in the College of Arts and Sciences.
Related programs include:
Graduate programs
Students may pursue one of several graduate degrees related to business disciplines and offered by the Graduate College in cooperation with College of Business Administration. See the Graduate Catalog for degrees offered.
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