Business Economics, B.A.

FACULTY:
James Burnell, Chair
Barbara Burnell
Matthew (Joe) Histen
Brooke Krause
Philip Mellizo
Charalambos (Harry) Michael
Amyaz Moledina
John Sell

Affirming the mission of the College, the Economics department enables students and faculty to collaboratively research and understand complex questions from a diversity of economic perspectives. The department uses appropriate theories and empirical methods to foster an active engagement with local and global communities.

The Business Economics major provides an academically challenging program within the context of the liberal arts for those who desire a sophisticated understanding of business operation and an appreciation for the social and economic complexities of the world in which firms operate. The major is intended for students who plan to enter the business world directly after graduation, but it is sufficiently flexible to accommodate those who may choose graduate study. Those interested in international business should consider the special recommendations that pertain to them below. Students who desire a more policy-oriented major should consider the Economics major also offered by the Department of Economics.

The requirements for the major are formulated to acquaint the student with the structure and organization of the business firm, and to provide a framework of theoretical and quantitative analysis necessary for business decision-making. For students who qualify, the Business Intern program provides the opportunity to gain experience in working for a business firm as part of the academic program.

Major in Business Economics

Consists of fifteen courses:

BUEC 11900 - Financial Accounting
ECON 10100 - Principles of Economics
ECON 11000 - Quantitative Methods For Economics and Business (see Special Notes below)
One of the following courses:
MATH 10400 - Calculus For Social Science
MATH 10800 - Calculus With Algebra B
or
MATH 11100 - Calculus and Analytic Geometry I
ECON 20100 - Intermediate Microeconomic Theory
ECON 20200 - Intermediate Macroeconomic Theory
ECON 21000 - Applied Regression (see note below)
Three elective Business Economics courses, one of which must be at the 300-level
Two elective Economics courses
BUEC 40100 - Independent Study
BUEC 45100 - Senior Independent Study - Semester One
BUEC 45200 - Senior Independent Study - Semester Two

Special Notes

Majors may substitute MATH 22900 for ECON 11000 and MATH 32900 for ECON 21000 .
Majors who do not place into MATH 10400 or MATH 11100 on the Mathematics placement test should take MATH 10300 or MATH 10700 as soon as possible in their College career to prepare them for MATH 10400 or MATH 10800 and to provide a basis for their Economics courses.
ECON 10100 , ECON 11000 , and MATH 10400 should be completed no later than the end of the student’s fifth semester. The department recommends that students considering graduate study in Economics enroll in MATH 11100 rather than MATH 10400 and that they also take calculus through MATH 11200 .
The department requires that ECON 20100 or ECON 20200 be taken prior to enrolling in BUEC 40100 .
The minor in International Business Economics must be taken in conjunction with a language major (currently French, German, or Spanish) selected by the student.
There is no general Business Economics minor. The non-major who desires a background in business economics is urged to take BUEC 11900 , ECON 10100 and ECON 11000 , MATH 10400 , and other elective Business Economics courses according to his or her interests.
Business Economics majors are not permitted to take courses in the major on an S/NC basis.
A grade of C- or better is required for all courses counting toward the major, including the Mathematics course. Students receiving a grade below C- in ECON 10100 must retake that course before proceeding to the other Economics or Business Economics courses.