Learning Goals: As UMF graduates with a degree in business economics, students will be able to
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Understand financial institutions and become financially literate.
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Understand the functions and operations of domestic and global markets.
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Understand a business plan with micro and macro implications.
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Understand and apply real world data to making decisions and/or recommending policy.
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Critically examine business and economics paradigms.
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Become autonomous learners, bringing knowledge and skills learned in one area to enhance and integrate complex decision making in related areas.
Assessment Criteria:
In order to assess our success in achieving the goals of our program listed above, we ask our students to produce evidence of this mastery with papers, group presentations, internships, service learning, research papers and projects, case study analysis, engaged discussion in classes and by examination. In the final analysis, it is our graduates success in the greater world which we value most highly.
MAJOR REQUIREMENTS
BUSINESS CORE (36 credits)
ECONOMICS CORE (16 credits)
ECO 110S |
Principles of Economics |
4 |
ECO 308 |
Intermediate Microeconomic Theory |
4 |
ECO 309 |
Intermediate Macroeconomic Theory |
4 |
ECO 450 |
Managerial Economics |
4 |
ADDITIONAL REQUIREMENTS (20 credits)
Three electives in Business or Economics at the 200 level or higher
|
12
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MAT 123M Mathematics for Economics and Business
|
4
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(MAT 141M is an acceptable substitute for MAT 123M) |
|
|
4
|
Note: MAT 123M or MAT 120M will count toward general education.
OPTIONAL CONCENTRATIONS
Students may elect to choose one of the concentrations below. Courses taken as business or economics electives within the major may meet the requirements of the concentration. Total 12 credits for each concentration:
International Business
Required courses plus:
Required Courses plus:
One additional Business or economics elective to be selected with advisor
Economics
Required Courses plus
Three Economics electives - to be selected with advisor
Marketing and Management
Required Courses plus three of the following:
1. A grade of C- or above must be earned in all Business and Economics courses.
2. The Business Economics faculty must give prior approval for any courses that are not specified in current reciprocity agreements that students propose to transfer in to satisfy major requirements. Students must take 400 level economics and business courses at UMF.
Total Credits for the Major: 72
FOREIGN LANGUAGE REQUIREMENT
One year of one foreign language at the college level or two years of one foreign language at the high school level.
GENERAL EDUCATION REQUIREMENTS
For specific information about general education requirements and expectations, see the General Education Requirements in the Academic Programs section of this catalog.
MINIMUM TOTAL OF CREDITS FOR THE DEGREE: 128