Business Economics Emphasis

Do you have an interest in studying important questions like how a country builds wealth and what policies help economies grow? If so, the Business Economics emphasis may be for you! This emphasis provides the critical knowledge you need to understand the impact of the economy on businesses, individuals, and the global community. Learning economic concepts will assist you in understanding how to analyze scarce resources, how to structure effective consumer incentives, and how public policies may impact an economy. Finally, the Business Economics emphasis includes topics such as profit maximization, international trade, and how to solve contemporary business problems in a global environment. The following courses are a part of the emphasis:

Undergraduate Business Economics Emphasis Courses

ECO 320 International Economics

3 Credits

This course will focus on the global environment of firms with particular emphasis on economic variables such as GDP, inflation, interest rates, and exchange rates. Topics include international trade, international finance, and regional issues in the global economy.

ECO 406 Business Cycles & Growth

3 Credits

Topics include analysis of economic fluctuations and their impact on corporations and consumers; different explanations for business cycles; monetary and fiscal policy for stabilizing economic fluctuations; effects of public debt, investment, employment and trade policy on economic growth. Prerequisite: ECO 203.

ECO 408 Managerial Economics

3 Credits

This course will focus on the application of economic principles and analyses to contemporary business problems and managerial decision making. Emphasis will be given to price and production decision making for profit maximization, investment decision making for a new project, strategic decision making in various business situations, and decision making with risks and uncertainty. Prerequisite: ECO 204.

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