Overview
As a business economics major, you'll learn to think logically to solve problems and use observations and datasets to make important inferences. You'll learn to state your ideas clearly and concisely in written assignments and oral presentations. Learners will also discover how to analyze issues like crime, unemployment, inflation, taxes, sports, and voting behavior using economic tools and methods.
The Business Economics Major consists of a minimum of 24 credits, which include four (4) required courses and two (2) elective courses in addition to the following BSBA core prerequisite courses: EC-101, EC-102, and statistics (preferably STATS-250).
A cumulative grade point average of at least 2.0 in the Business Economics major and a cumulative grade point average of 2.0 overall must be maintained to graduate.
The Business Economics Major is offered by the Economics Department in the College of Arts and Sciences.
Degree Requirements
Learners can earn a Bachelor of Science in Business Administration with this major. See the requirements for the Bachelor of Science in Business Administration degree.
Required Courses (5 courses, 19 credits)
| EC-312 | Intermediate Macro Theory | 4 |
| EC-350 | Data Analytics for Economics and Business | 3 |
| EC-432 | Managerial Economics | 4 |
| EC-450 | Applied Econometrics | 4 |
| EC-490 | Senior Seminar in Economics | 4 |
Elective Courses (2 courses, 8 credits)
Choose two (2) Economic courses of which at least one is at the 400-level or higher.
| EC-131 | Environmental Economics | 4 |
| EC-141 | Development Economics | 4 |
| EC-151 | Economic & Human Geography | 4 |
| EC-261 | Behavioral Economics | 4 |
| EC-320 | Economics of Sports | 4 |
| EC-402 | Mathematical Economics | 4 |
| EC-421 | Public Finance | 4 |
| EC-430 | International Trade Theory & Policy | 4 |
| EC-442 | International Monetary Economics | 4 |
| EC-443 | Economics of Cryptocurrencies And Blockchain Technology | 4 |
| EC-445 | The Economics of the European Union | 4 |
| EC-451 | Economic Forecasting | 4 |
| EC-460 | Game Theory | 4 |
| EC-483 | Money, Banking & Financial Markets | 4 |
| EC-503 | Internship in Economics | 1-4 |
| EC-510 | EC Independent Study | 1-5 |
| EC-H510 | Honors Independent Study | 1-5 |
Honors
Learning Goals and Objectives
Learning goals and objectives reflect the educational outcomes achieved by learners through the completion of this program. These transferable skills prepare Suffolk learners for success in the workplace, in graduate school, and in their local and global communities.
| Learning Goals |
Learning Objectives |
| Learners will... |
Upon completion of the program, each learner should be able to... |
| Understand key business economic concepts and institutions and use this knowledge to explain business economic events, solve problems, and recommend and defend business economic policies. |
- Develop a knowledge base of business economic concepts (including price theory and cost-benefit analysis) and institutions.
- Solve problems using economic analysis and optimization.
- Assess the impact of business policies using economic principles.
- Develop an understanding of the global economy. |
| Develop skills in using quantitative methods to solve business economic problems and analyze business economic issues. |
- Use statistical, modeling, and forecasting techniques to organize, analyze, and interpret economic data.
- Conduct empirically grounded research projects that involve analyzing and evaluating contemporary economic issues in the business world. |
| Communicate clearly both orally and in writing. |
- Present the results of their business economic studies in writing.
- Orally present the results of their business economic studies. |