Undergraduate Catalogue

Managerial Economics Major

Economics provides students with an understanding of the environment in which all businesses operate. It also provides students with the economics tools, skills and intuition that aid in making sound business decisions, such as price and output determination, strategic planning, and forecasting.

The managerial economics major allows students to gain a solid foundation in economics and combine this knowledge with another business discipline by concentrating in that business discipline. The business core courses provide students with an introduction to all business areas. Managerial economics majors can deepen their understanding of a business area that is provided by the business core by concentrating in that area.

The ability to select a business concentration area within the major gives managerial economics majors the flexibility to tailor their major to meet their individual interests and needs. Students choosing to pursue a traditional business economics major can do so by selecting the Economic Analysis Concentration, which requires them to take all eight of their major courses in economics. Students who would like to combine economics with another business discipline, however, are given the opportunity to select from seven other business disciplines. These students take five of their major courses in economics and three in their concentration area. Students can further customize their major through their selection of electives from a wide variety of offerings in both economics and their concentration area.

Required Courses

All managerial economics majors must take:
EC 224 Intermediate Price Theory
EC 225 Intermediate Macroeconomics
EC 381 Research in Managerial Economics
EC Elective
EC Elective

In addition, managerial economics majors must take at least three courses within their concentration:

Accounting Concentration
AC 311 Financial Accounting and Reporting I
AC 310 Cost Accounting
AC Elective

Economic Analysis Concentration
EC 245 Business Forecasting
EC 270 Industrial Organization
EC Elective

Entrepreneurship Concentration
MG 335 Entrepreneurial Thinking
MG 336 New Venture Planning and Financing
MG 360 Negotiating

Human Resources Concentration
MG 250  Human Resources Management
Two of the following:
EC 233 Personnel Economics
MG 350 Human Resource Strategy
MG 360 Negotiating

Information Design and Corporate Communication Concentration
COM 210 Effective Speaking
IDCC 320 Managerial Communication
IDCC Elective

Information Technology Concentration
EC 272 Economics of Information Technology
CS 150 Introduction to Data and Information Management
One of the following:
CS 213 The World Wide Web
CS 359 Business Information Systems Analysis and Design

International Business Concentration
EC 311 International Economics
MG 331 Management of International Operations
One of the following:
FI 351 International Finance
LA 308 International Business Law
MK 367 International Marketing

Law Concentration
Three of the following
LA 300 Cyberlaw
LA 308 International Business Law
LA 315 Alternative Dispute Resolution in Business
LA Elective

Management Concentration
MG 240 Interpersonal Relations in Management
MG 345 Organizations and Environment
MG Elective

Marketing Concentration
MK 400 Marketing Management
MK Elective
MK Elective

Quantitative Analysis Concentration
MA 233 Calculus III
MA 239 Linear Algebra
MA Elective