Business Economics

An Economics degree provides students with a wide range of transferable skills to study choices and decisions made by individuals, businesses, and nations. It is a flexible choice for students seeking a rigorous, well-respected, and versatile major without specializing in a narrowly defined area too early. Popular career choices for economics students include: banking, finance, insurance, management, consulting, and government. An education in Economics also provides an excellent preparation for graduate studies in law, medicine, business, public administration, environmental studies, and economics.

The BS in Business Economics exposes students to multiple business areas and is an excellent choice for students looking to acquire analytical skills vital for business environments or considering an MBA program after graduation.

Requirements for the Major in Business Administration, Business Economics, B.S.

Students seeking the Bachelor of Science degree in Business Economics must complete a minimum of 120 credits including the following requirements:

General Education Requirements

In order to graduate on-schedule without taking additional courses, it is highly recommended that students meet with an Undergraduate Academic Adviser concerning the selection of all of their General Education courses.

Each candidate for an Oakland University baccalaureate will need to satisfactorily complete approved courses in each of the following areas: Foundations, Explorations, and Integration. For details, refer to the General Education Requirements section of the catalog.

Business Pre-Core Required Courses

• course Financial Accounting (4)

• course Managerial and Cost Accounting I (4)

• course Public Speaking (4)
  or course Group Dynamics and Communication (4)
  or course Communication in Organizations (4)
  or course Interpersonal Conflict (4)

• course Principles of Global Macroeconomics (4)
  or course Principles of Macroeconomics (4)

• course Principles of Microeconomics (4)

• course Business Problem Solving with Information Technology (3)

• course Linear Programming Elementary Functions (4)
  or course Precalculus (4)
  or course College Algebra (4)
  or course Calculus for the Social Sciences (4)
  or course Calculus I (4)

• course Statistical Methods for Business I (3)
  or course Introduction to Statistical Concepts and Reasoning (4)
  or course Applied Probability and Statistics (4)

• course Statistical Methods for Business II (3)

• course ACHIEVE I (0)

• course ACHIEVE II (0)

Business Core Required Courses

• course Managerial Economics (3)

• course Managerial Finance I (3)

• course Legal Environment of Business (3)

• course Management Strategies and Policies (3)

• course Management Information Systems (3)

• course Marketing (3)

• course Introduction to Organizational Behavior (3)

• course Introduction to the Management of Human Resources (3)

• course Operations Management (3)

• course Business Writing (4)
  or course Advanced Critical Writing (4)

Economics (ECN) Required Courses

• course Intermediate Macroeconomics (3)

• course Consumer and Welfare Economics (3)

• course ACHIEVE III - Business Economics (0)

• course Econometrics (3)

• course Seminar in Economic Policy (3)

Complete 4 Economics Elective Courses at the 3000 Level or Above

• course Applied Time Series Analysis in Business (3)

• course Using “BIG” Data for Economic Problems (3)

• course Introduction to Public Finance (3)

• course Economics of Energy and the Environment (3)

• course Economics of Gender and Ethnicity (3)

• course Financial Markets and Economy (3)

• course International Economic Development (3)

• course History of Economic Thought (3)

• course Economics of Human Resources (3)

• course Insurance and Risk Management (3)

• course Economics of Health Care (3)

• course International Trade (3)

• course Economics of Intl Finance (3)

• course Economic Analysis of Law (3)

• course Topics in Economics (3)

• course Mathematical Analysis for Economists (3)

• course Economics of Industries (3)

• course Special Topics in Economics (3)

Additional Requirements

Students must complete the core program and the requirements of 1 of the business majors in the SBA with a minimum grade of C in each of the pre-core, core, major courses, and major-dependent concentration courses. Once admitted to the business program as a pre-business or undecided business student or major, a student must complete all of the remaining business core, major and business minor coursework for the degree at Oakland University;

Students must complete at least 31 credits of courses offered by the School of Business Administration, excluding course, course or course, course, course and course and course. Of these 31 credits, at least 12 credits must be in the student’s major.

Students earning an additional major are permitted to do so in all areas except general management. No more than 4 credits of independent study (4996) courses may be used to meet the major elective requirement. Courses numbered 3800 and 4900 may be repeated for up to 8 credits provided the topics are different. All major courses require a 2.6 GPA or better or major standing to take these courses (excludes Economics and non-SBA major courses).

Applicable Minors

All Minors are applicable to this major with the exception of the following Minor(s): Business, Child Welfare, International Orientation for EGR/CS, and Sustainability Engineering.