2018-2019 Undergraduate & Graduate Catalog
Bachelor of Business Administration in Business Economics
Requirements for a Major in Business Economics
Because economics is a department in the Seidman College of Business, students pursuing a B.B.A. in economics must achieve a 2.5 or higher cumulative GPA, have completed 55 semester hours, and achieved a 2.5 or higher combined GPA in ACC 212, BUS 201, ECO 210, ECO 211, MGT 268, and STA 215 to be admitted to the business economics program. In order to graduate, upper-division economics majors must achieve a 2.5 minimum cumulative GPA and a 2.5 minimum GPA in all economics courses. A student whose cumulative GPA falls below 2.5 will not be permitted to take additional 300- and 400-level economics or business courses. However, such students may repeat 300- and 400-level Seidman economics and business courses for which they received a low grade. Students may repeat up to three different economics and business courses in their undergraduate career, but no single economics or business course can be repeated more than once. Exceptions are made only with the approval of the associate dean of the Seidman College of Business. Business economics majors are eligible to participate in the business internship program.
Students who plan to enter a graduate program in economics or a related field are highly encouraged to take the following courses: MTH 201, MTH 202, MTH 203, and MTH 227. These students should also consider a mathematics or statistics minor and consult with their advisors at an early date to explore alternatives and plan their coursework.
Requirements for the B.B.A.
Core Courses
All business core courses acquaint you with various fields in business and help you learn to communicate, to interact, and to assume responsible positions in your chosen field.
For a major in business administration, you must complete the following courses.
- ACC 212 - Principles of Financial Accounting (3 credits)
- ACC 213 - Principles of Managerial Accounting (3 credits)
- BUS 201 - Legal Environment for Business (3 credits)
- BOTH
- ECO 210 - Introductory Macroeconomics (3 credits) AND
- ECO 211 - Introductory Microeconomics (3 credits)
- OR ECO 200 - Business Economics (3 credits) Credits: 3
- Upper-division economics course (not ECO 490) Credits: 3
- FIN 320 - Managerial Finance (3 credits)
- MGT 268 - Business Processes and Management Information Systems (3 credits)
- MGT 331 - Concepts of Management (3 credits)
- MGT 366 - Operations Management (3 credits)
- MGT 495 - Administrative Policy (3 credits)
- MKT 350 - Marketing Management (3 credits)
Students are required to select one class from the following list. This course may count toward the major or minor if applicable.
- ACC 333 - Corporate Governance and Accounting Ethics (3 credits)
- ECO 440 - Public Economics and Ethics (3 credits)
- FIN 330 - Ethics in Finance (3 credits)
- MGT 340 - Ethics and Business, Social Justice and Sustainability (3 credits)
- MGT 438 - Business Ethics (3 credits)
- MKT 375 - Marketing Ethics (3 credits)
Required Business Electives
Three upper-division Seidman courses are not applied to the major or minor (nine credits total). However, these courses can be applied toward a second business major.
Electives
Students may elect nonbusiness or business courses to fulfill their elective course requirements. Students may apply up to six hours of internship and independent research credit, in any combination, toward their degree requirements. Business majors may not take any of the major courses, except the internship, on a credit/no credit basis.
General Business Economics
Students who take this emphasis will focus on applications in business and public policy issues. This 18-credit-hour emphasis supports careers in fields such as banking, business analysis, insurance services, and marketing research. This emphasis is also a solid foundation for graduate programs.
Required Courses
The upper-division economics course selected as part of the core requirements cannot count as an economics major course.
- ECO 312 - Applied Microeconomics (3 credits)
- ECO 313 - Business Cycles and Growth (3 credits)
- ECO 495 - Senior Economic Project (Capstone) (3 credits)
- ECO elective at the 300 or 400 level Credits: 3
- ECO elective at the 300 or 400 level Credits: 3
- ECO elective at the 300 or 400 level Credits: 3
- CIS 150 - Introduction to Computing (3 credits)
- STA 215 - Introductory Applied Statistics (3 credits)
Quantitative group - choose one:
- MTH 122 - College Algebra (3 credits)
- MTH 125 - Survey of Calculus (3 credits)
- MTH 201 - Calculus I (4 credits)
- PHI 103 - Logic (3 credits)
- MGT 361 - Management Science (3 credits)
Real Estate Business Economics
This emphasis supports careers such as real estate agent, commercial and residential appraiser, mortgage broker, commercial lender, urban planner, title examiner, location specialist, REIT manager, and regional developer. Students who obtain the economics B.B.A. with the real estate emphasis must take the following courses:
Required Courses
The upper-division economics course selected as part of the core requirements cannot count as an economics major course.
- CIS 150 - Introduction to Computing (3 credits)
- STA 215 - Introductory Applied Statistics (3 credits)
- ECO 312 - Applied Microeconomics (3 credits)
- ECO 313 - Business Cycles and Growth (3 credits)
- ECO 336 - Urban and Real Estate Economics (3 credits)
- ECO 495 - Senior Economic Project (Capstone) (3 credits)
- FIN 350 - Real Estate Principles (3 credits)
- AND one of the following:
- ECO 300 - Applied Economic Analysis (3 credits)
- ECO 385 - GIS in Urban and Regional Analysis (3 credits) / GPY 385 - GIS in Urban and Regional Analysis (3 credits)
- ECO 414 - Money and Banking (3 credits)
- ECO 490 - Economics Internship (1 to 6 credits)
(internship must be three credits and in work related to real estate) Quantitative group - choose one:
- MTH 122 - College Algebra (3 credits)
- MTH 125 - Survey of Calculus (3 credits)
- MTH 201 - Calculus I (4 credits)
- PHI 103 - Logic (3 credits)
- MGT 361 - Management Science (3 credits)
Requirements for an Honors Emphasis in Business Economics
The undergraduate honors emphasis in economics is for students pursuing a B.B.A. degree in business economics. Students must achieve a minimum 3.2 GPA in their economics courses and a 3.2 GPA in their overall degree to receive the honors emphasis designation. Courses cannot be taken on a credit/no credit basis. Students are required to complete the following classes, with an honors section of either ECO 210, ECO 211, or both (honors-designated sections require good standing with the Meijer Honors College or a 3.5 GPA overall):
- ECO 210 - Introductory Macroeconomics (3 credits)
- ECO 211 - Introductory Microeconomics (3 credits)
- ECO 300 - Applied Economic Analysis (3 credits)
- ECO 312 - Applied Microeconomics (3 credits)
- ECO 313 - Business Cycles and Growth (3 credits)
- ECO 401 - Honors Seminar in Microeconomics (1 credit)
- ECO 402 - Honors Seminar in Macroeconomics (1 credit)
- ECO 403 - Honors Capstone Seminar (1 credit)
- ECO 495 - Senior Economic Project (Capstone) (3 credits)
- CIS 150 - Introduction to Computing (3 credits)
- STA 215 - Introductory Applied Statistics (3 credits)
Quantitative group - choose one:
- MTH 122 - College Algebra (3 credits)
- MTH 125 - Survey of Calculus (3 credits)
- MTH 201 - Calculus I (4 credits)
- PHI 103 - Logic (3 credits)
- MGT 361 - Management Science (3 credits)