Undergraduate Business Economics Major

 

Start with economic principles, end on real business impact.

Economists think differently, giving them a leg up in addressing complex problems.

With our Business Economics major, you get that economist perspective plus a strong business foundation. Which adds up to skills that can make a surprisingly big difference, whether it’s analyzing public issues, applying economic theory to industries ranging from energy to education or using economic frameworks to make better business decisions.


Business Economics Major Overview

Economists study how scarce resources can be efficiently allocated to produce the maximum number of goods and services. Economists conduct research, collect and analyze data, monitor economic trends, and develop forecasts. They apply economic theory to endeavors such as banking, finance, manufacturing, education, law, international trade, labor, insurance, agriculture, health, criminal justice, energy, natural resources, and telecommunications.

The field of economics provides a framework for analyzing and solving problems that arise from scarcity. Public issues—inflation, unemployment, budget deficits, and environmental pollution, for example—as well as individual and business decision-making, are examples of the economist's work.

The Business Economics (BSBA) major is highly structured with a specific set of business foundation and core classes that must be completed in a predetermined sequence.  Two semesters of foreign language are required.  You can think of this degree as learning about business and economics, consequently a minor is not required. Admissions into the Business Economics major requires participating in the highly competitive Eller College Professional Admissions process and taking the same core classes as the other business majors.

The Eller College also offers an Economics (BA) major. Both majors will prepare you for careers including but not limited to consulting, banking, research, analytics, insurance, criminal justice, labor, energy, and health, as well as graduate school, including law school and further study in Economics (Masters or PhD).  To be admitted to the BA Economics major, students go through the BA Economics Advanced Standing process. 

Business Economics Advising

Every Eller Business Economics student has an assigned advisor to help with the academic and career questions that come up as you study here. Get to know yours.

Meet Frank Barile, Business Economics Advisor

Department of Economics

The Eller Economics Department is a world-recognized pioneer in experimental and behavioral economics. And thanks to our award-winning faculty, it’s a great place for undergraduates to learn about a field that matters more than ever.

Explore the Department of Economics


Business Economics Sample Coursework Plan

How your Eller Accounting experience can play out:

This sample plan is based on 15-16 credits per semester, but you’ll also have to plan for your second language requirement and at least one class focused on gender, race, ethnicity or non-Western area studies. For a full list of official degree requirements, check out the University General Catalog. We also strongly recommend meeting with your academic advisor to create a plan specifically for you.

Freshman Year

1st Semester
Course

Units

ENGL 101* First Year Composition  
MIS 111* Computers and Internetworked Society 
MIS 112* Computers and Internetworked Society Lab  
MATH 112 College Algebra Concepts and Applications  
Tier I General Education and/or Second Language  
    
Attend Eller Career Expo and UA Fall Career Days

3
3
1
3
3-7

Total

13-17    

2nd Semester
Course

Units

ENGL 102* First Year Composition  
MATH 116* Calculus Concepts for Business Majors (Grade of C or better required for students to be eligible to apply for Business Economics Major)
Tier I General Education  
Tier I General Education and/or Second Language 
BNAD 100 Language and Context of Business  
   
Attend Career Showcase and UA Spring Career Days 

3
3
3
3-7
1

Total

13-17

Summer

Use summer to catch up on math if behind in sequencing based on placement results prior to freshman year.

Sophomore Year

1st Semester
Course

Units

BNAD 276* Statistical Inference in Management 
ACCT 200* Introduction to Financial Accounting  
ECON 200* Basic Economic Issues  
Tier I General Education  
Tier I General Education
BNAD 200 Career Management in Business  
    
Attend Eller Career Expo and UA Fall Career Days

3
3
3
3
3
1

Total

16

2nd Semester
Course

Units

ACCT 210* Introduction to Managerial Accounting  
BNAD 277* Analytical Methods for Business 
BCOM 214* Fundamentals of Business Communication  
Tier I General Education  
Tier II General Education or Ethics**  
   
Attend Career Showcase and apply for Professional Admissions in February, and attend UA Spring Career Days

3
4
3
3
3

Total

16

Summer
We highly recommend that students participate in a study abroad and career-related experience.

In order to take the following upper-division courses, students must be admitted to the major through a competitive and selective Professional Admission process.  

Junior Year

1st Semester
Course

Units

MGMT 310A Organization Behavior and Management  
MKTG 361 Introduction to Marketing  
BCOM 314R† Business Communication  
ECON 361 Intermediate Microeconomics 
FIN 360 Quantitative Financial Management  
FIN 360L Quantitative Financial Management Techniques  

Attend Eller Career Expo and UA Fall Career Days

3
3
3
3
3
1
 

Total

16

2nd Semester
Course

Units

ECON 332 Intermediate Macroeconomics  
MIS 373 Basic Operations Management  
MIS 304 Using and Managing Information Systems  
ECON 453 Quantitative Methods for Economic Strategy   
ECON 479 Communication in Economics (Required for students who start upper-division phase prior to Fall 2019; Must earn a "C" or better)
300 or 400-level ECON Major Elective Course  
   
Attend Career Showcase and UA Spring Career Days

3
3
3
3
1
3
 

Total

16

Summer
Use summer to gain career-related experience through internships, study abroad, or volunteering.

Senior Year

1st Semester
Course

Units

MGMT 402 Integrating Business Fundamentals with Ethics and Law in Management  
ENTR 485 Innovating: Creating the Future 
ECON 406, 418, 431, 435, 436, 437, 440, 443, 454, 460, 473 or 481 (select 1)  
ECON 407 Economics of Strategy

  
Attend Eller Career Expo and UA Fall Career Days

3
3
3
3
 
Total

12

2nd Semester
Course

Units

300 or 400-level ECON Major Elective Course 
Tier II General Education
Tier II General Education
Minor, Electives, or remaining General Education requirements

Attend Career Showcase and UA Spring Career Days, and Graduation in May

3
3
3
3-6

Total

12-15

Summer
Enjoy your summer and continue the job search if necessary!

Students can meet the Second Language requirement by demonstrating second semester proficiency through examination or taking any of a variety of second semester language courses. Additionally, one course in the student's degree program must focus on Gender, Race, Ethnicity, Non-Western Area Studies. Some General Education classes are designed to fulfill this requirement. Each student needs to meet a minimum of 120 total credits. Students are strongly encouraged to take BNAD 100 and BNAD 200 to develop their professional knowledge and competencies required for success in the upper division. Please consult with your Advisement Report and your academic advisor.

* Eller Foundation Courses: Required to apply for Professional Admission into the Professional Program. Professional Admission is required in order to take all 300 & 400-level Professional Core and Major Courses.

** Business Emphasis Area: Students are required to take one Ethics course. This course must be completed prior to graduation; it does not need to be completed before applying for Professional Admission.

† Students must pass the BCOM 214 or BCOM 314R writing assessment for graduation, otherwise BCOM 315 (2 units) must be completed in addition to the above coursework.


Business Economics Cohort Schedules

View Business Economics major cohort schedules by semester:

Business Economics Sage Cohort

SAGE COHORT

Monday

Tuesday

Wednesday

Thursday

8-9:15

 

BCOM 314R*

 

BCOM 314R*

9:30-10:45

 

BCOM 314R*

 

BCOM 314R*

11-12:15

MKTG 361

ECON 361

MKTG 361

ECON 361

12:30-1:45

MGMT 310A

FIN 360**

MGMT 310A

FIN 360**

Business Economics Silver Cohort

SILVeR COHORT

Monday

Tuesday

Wednesday

Thursday

11-12:15   ECON 361   ECON 361

12:30-1:45

 

FIN 360**

 

FIN 360**

2-3:15

MKTG 361

BCOM 314R*

MKTG 361

BCOM 314R*

3:30-4:45

MGMT 310A

BCOM 314R*

MGMT 310A

BCOM 314R*

* Students will take BCOM 314R at one but not both times. 
** All first semester Business Economics students will be required to take a 50-minute FIN 360 Lab that will be held on Wednesdays at 9 a.m., 10 a.m., 2 p.m., or 3 p.m.

Business Economics Sage Cohort

Sage COHORT

Monday

Tuesday

Wednesday

Thursday

8:00-9:15

 

BCOM 314R*

 

BCOM 314R*

9:30-10:45

 

BCOM 314R*

 

BCOM 314R*

11:00-12:15

MKTG 361

ECON 361

MKTG 361

ECON 361

12:30-1:45

MGMT 310A

FIN 360**

MGMT 310A

FIN 360**

Business Economics Silver Cohort

Silver COHORT

Monday

Tuesday

Wednesday

Thursday

11:00-12:15

 

ECON 361

 

ECON 361

12:30-1:45

 

FIN 360**

 

FIN 360**

2:00-3:15

MKTG 361

BCOM 314R*

MKTG 361

BCOM 314R*

3:30-4:45

MGMT 310A

BCOM 314R*

MGMT 310A

BCOM 314R*

* Students will take BCOM 314R at one but not both times.
** All first semester Business Economics students will be required to take a FIN 360 Lab that will be held on Wednesdays at 9 a.m., 10 a.m., 2 p.m., or 3 p.m.

Business Economics A Cohort

A COHORT

Monday

Tuesday

Wednesday

Thursday

8:00-9:15

 

MIS/OSCM 373

 

MIS/OSCM 373

9:30-10:45

 

MIS 304

 

MIS 304

12:30-1:45   ECON 332   ECON 332
2:00-3:15   ECON 453   ECON 453

Business Economics B Cohort

B COHORT

Monday

Tuesday

Wednesday

Thursday

8:00-9:15   MIS/OSCM 373   MIS/OSCM 373
12:30-1:45  

ECON 332

 

ECON 332

2:00-3:15  

ECON 453

 

ECON 453

3:30-4:45

 

MIS 304

 

MIS 304

*ECON 479 is an online course

Business Economics Cohort A

A COHORT

Monday

Tuesday

Wednesday

Thursday

11:00-12:15

 

ECON 407

 

ECON 407

6:30-7:45

 

MGMT 402

 

MGMT 402

Business Economic Cohort B

B COHORT

Monday

Tuesday

Wednesday

Thursday

11:00-12:15  

ECON 407

 

ECON 407

6:30-7:45

 

MGMT 402

 

MGMT 402

 

Business Economics majors select their own courses in the final semester.


Business Economics Elective Course Options

There are more than 20 Business Economics elective courses available:

View All Undergraduate Business Economics Courses, including Electives


Business Economics Major Career Resources

Business Economics Careers

Your Business Economics major can open the door to a wide variety of careers—in government, education or business. Graduates with this degree research, analyze, plan and lead across a variety of industries.

View Business Economics Career Possibilities

Meet the Business Economics Career Coach

Eller students have a world of options in front of them—which is why a dedicated career coach is so valuable. Get professional coaching on internship and job opportunities awaiting you.

Meet Katelyn Rose, Business Economics Career Coach