The Williamson College of Business Administration offers a Bachelor of Science in Business Administration degree with a major in Business Economics.
Economics provides critical decision-making tools in all areas of business. To the manager of a firm, microeconomics theory provides strategies on how to maximize profit, techniques for measuring how customers will respond to changes in price, and how the potential profitability of the firm will vary with the level of competition. Macroeconomics theory discusses why inflation, unemployment, and interest rates change. For a manager, an important issue is how the federal government may try to change the state of the economy and how that will alter business opportunities.
Business Economics majors at Youngstown State University take courses in intermediate microeconomic theory, intermediate macroeconomic theory and complete a capstone project involving data analysis. Business economics majors also take four upper division electives that introduce them to different specializations, such as international trade, money and banking, public finance, and labor markets.
JOB OPPORTUNITIES
The Business Economics major prepares students for careers in corporate, government, and the nonprofit fields. Employers are looking for individuals with an understanding of the global economy and its connection to organizations, individuals and society. Business economists work for major corporations, investment firms and government agencies, gathering and analyzing critical information that can be used to react to fluctuating markets and business cycles. The job outlook for business economics is expected to grow due to the driven need for quantitative methods to analyze and forecast business, sales and other economic trends.
STUDENT EXPERIENCES
Business Economics majors at Youngstown State University have the opportunity to build their knowledge and leadership skills in their field through various student leadership organizations such as Actuarial Science Club, Economics Club, Beta Gamma Sigma, Enactus, and the Student Investment Fund.
For more information, visit Business Economics.
COURSE | TITLE | S.H. |
---|---|---|
FIRST YEAR REQUIREMENT-STUDENT SUCCESS SEMINAR | ||
YSU 1500 | Success Seminar | 1-2 |
or SS 1500 | Strong Start Success Seminar | |
or HONR 1500 | Intro to Honors | |
GENERAL EDUCATION | ||
ENGL 1550 | Writing 1 | 3-4 |
or ENGL 1549 | Writing 1 with Support | |
ENGL 1551 | Writing 2 | 3 |
CMST 1545 | Communication Foundations | 3 |
MATH *Grade of a "C" or higher required | ||
MATH 2623 | Quantitative Reasoning | 3-6 |
or MATH 2623C | Quantitative Reasoning with Co-Requisite Support | |
or MATH 1510 | College Algebra | |
or MATH 1510C | College Algebra with Co-requisite Support | |
or MATH 1552 | Applied Mathematics for Management | |
or MATH 1571 | Calculus 1 | |
GE: Arts and Humanities (6 SH) | 6 | |
GE: Natural Sciences (7 SH) *1 science course must include a lab | 7 | |
GE: Social Science (6 SH) | ||
ECON 2610 | Principles 1: Microeconomics Grade of a "C" or higher required | 3 |
ECON 2630 | Principles 2: Macroeconomics *Grade of a "C" or higher required | 3 |
GE: Social and Personal Awareness (6 SH) | 6 | |
BUSINESS TOOL COURSES | ||
Business Tool courses must be completed with the grade of a "C" or higher and cannot be taken credit/no credit. | ||
ACCT 2602 | Financial Accounting | 3 |
ACCT 2603 | Managerial Accounting | 3 |
BUS 1500 | Foundations of Business | 3 |
BUS 2600 | Business Applications of Microsoft Excel | 3 |
BUS 2610 | Collaborating, Writing, & Presenting in Business | 3 |
BUS 3700 | Business Analytics | 3 |
MGT 2604 | Legal and Social Responsibilities of Business | 3 |
BUSINESS CORE COURSES | ||
Upper level business courses must be completed with the grade of a "C" or higher and cannot be taken credit/no credit. | ||
BUS 3715 | Principles of International Business | 3 |
FIN 3720 | Business Finance | 3 |
MGT 3725 | Fundamentals of Management | 3 |
MGT 3761 | Management Information Systems | 3 |
MGT 3789 | Operations Management | 3 |
MKTG 3702 | Business Professionalism | 1 |
MKTG 3703 | Marketing Concepts and Practice | 3 |
Senior Capstone | ||
MGT 4850 | Strategic Management | 3 |
ECONOMICS MAJOR REQUIREMENTS (12 SH) | ||
ECON 3710 | Intermediate Microeconomic Theory spring term only | 3 |
ECON 3712 | Intermediate Macroeconomic Theory fall term only | 3 |
ECON 3788 | Statistics for Business and Economics 1 | 3 |
ECON 4880 | Analysis of Economic Problems | 3 |
ECONOMICS UPPER-LEVEL COURSES (12 SH) *Select 4 (12 SH) of ECON 3000-5000 level courses | 12 | |
Select 12 SH of ECON upper level courses. | ||
BUSINESS UPPER LEVEL COURSES (6 SH) | 6 | |
Select 2 classes (6 SH) of 30000-5000 level courses from ACCT, ADV, BUS, ENT, FIN, MGT, MKTG | ||
FREE ELECTIVES *Hours will vary based upon what is needed for 120 SH | 9 | |
Total Semester Hours | 120-125 |
Year 1 | ||
---|---|---|
Fall | S.H. | |
YSU 1500 | Success Seminar or Strong Start Success Seminar or Intro to Honors | 1-2 |
ENGL 1550 or ENGL 1549 | Writing 1 or Writing 1 with Support | 3-4 |
BUS 1500 | Foundations of Business | 3 |
MATH 2623 | Quantitative Reasoning or Quantitative Reasoning with Co-Requisite Support or College Algebra or College Algebra with Co-requisite Support or Applied Mathematics for Management or Calculus 1 | 3-6 |
CMST 1545 | Communication Foundations | 3 |
Semester Hours | 13-18 | |
Spring | ||
ENGL 1551 | Writing 2 | 3 |
ECON 2610 | Principles 1: Microeconomics | 3 |
BUS 2610 | Collaborating, Writing, & Presenting in Business | 3 |
GE: Arts and Humanities | 3 | |
GE: Social & Personal Awareness | 3 | |
Semester Hours | 15 | |
Year 2 | ||
Fall | ||
ACCT 2602 | Financial Accounting | 3 |
MGT 2604 | Legal and Social Responsibilities of Business | 3 |
ECON 2630 | Principles 2: Macroeconomics | 3 |
BUS 2600 | Business Applications of Microsoft Excel | 3 |
GE: Lab Science | 4 | |
Semester Hours | 16 | |
Spring | ||
ACCT 2603 | Managerial Accounting | 3 |
MKTG 3702 | Business Professionalism | 1 |
ECON 3710 | Intermediate Microeconomic Theory | 3 |
ECON 3788 | Statistics for Business and Economics 1 | 3 |
GE: Social & Personal Awareness | 3 | |
GE: Natural Science | 3 | |
Semester Hours | 16 | |
Year 3 | ||
Fall | ||
ECON 3712 | Intermediate Macroeconomic Theory | 3 |
MKTG 3703 | Marketing Concepts and Practice | 3 |
BUS 3715 | Principles of International Business | 3 |
BUS 3700 | Business Analytics | 3 |
MGT 3725 | Fundamentals of Management | 3 |
Semester Hours | 15 | |
Spring | ||
MGT 3761 | Management Information Systems | 3 |
FIN 3720 | Business Finance | 3 |
Upper-Level Business Course | 3 | |
Upper Level Economics Course Internship Recommended | 3 | |
Free Elective | 3 | |
Semester Hours | 15 | |
Year 4 | ||
Fall | ||
MGT 3789 | Operations Management | 3 |
Upper-Level Business Course | 3 | |
Upper-Level Economics Courses | 3 | |
GE: Arts and Humanities | 3 | |
Free Elective | 3 | |
Semester Hours | 15 | |
Spring | ||
ECON 4880 | Analysis of Economic Problems | 3 |
MGT 4850 | Strategic Management | 3 |
Upper-Level Economics Course | 3 | |
Upper-Level Economics Course | 3 | |
Free Elective | 3 | |
Semester Hours | 15 | |
Total Semester Hours | 120-125 |
The prerequiste for all upper-level business courses includes a minimum overall 2.5 GPA