University of Maine at Farmington 2007-2008 Catalog
 
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Business Economics
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Degree Earned
Bachelor of Arts: Business Economics

This program provides the foundations of both business and economics, while developing the communication skills and technical literacy required in today's business world. On-campus work opportunities, class-based research, internships and extra-curricular activities take students beyond the classroom to become consultants to small businesses, presenters at public hearings, and research assistants for faculty members who are actively engaged in the business world. Upper level courses in business and economics, as well courses in international studies, computer science, ski industries and environmental studies enable students to create programs that prepare them for jobs in the private or public sector as well as for graduate study in either business or economics.

MAJOR REQUIREMENTS

BUSINESS CORE

BUS 101 Business and Society                    4

BUS 208 Accounting Principles                   4

BUS 210 Principles of Management                4

BUS 220 Principles of Marketing                 4

BUS 303 Business Law                            4

BUS 335 International Business                  4

BUS 340 Managerial Finance                      4

BUS 480 Operations/Service Management           4

BUS 491 Strategic Management                    4

    

Subtotal:                                      36

 

ECONOMICS CORE

ECO 110S Principles of Economics                4

ECO 308 Price Theory                            4

ECO 309 Money, Banking and Macroeconomic Theory 4

ECO 450 Managerial Economics                    4

 

 Subtotal:                                     16

 

OTHER COURSES

Three electives in Business or Economic        12

MAT 123M Mathematics for Business and Economics 4

MAT 120M Statistics                             4

 

Subtotal:                                      20

 

BUS 101 and BUS 110 will be offered sequentially each semester. 

 

ECO 110S and MAT 123M or MAT 120M will count toward general education.

 

Concentrations

 

The three electives in Business or Economics may be selected to meet one of the concentrations listed below.

 

Total 12 credits for each concentration

 

International Business

Required courses plus three of the following:

BUS 336 International Management                4

BUS 338 International Business Law              4

ECO 305 International Economics                 4

BUS 337 International Marketing                 4

 

 

Non Profit Administration

Required courses plus

BUS 350 Strategic Marketing for Non Profit

        Organizations                           4

BUS 362 Social Entrepreneurship                 4

ECO 228 Environmental and Natural

        Resource Economics                      4

 

Business Administration

Required Courses plus

Two Business electives - to be selected with

Advisor and                                     8        

ECO 324 Industrial Organization or              4

Three Business electives - to be selected

with advisor                                   12

 

Entrepreneurship

Required Courses plus

BUS 320 Consumer Behavior                       4

BUS 360 Entrepreneurship                        4

One additional Business or economics elective

to be selected with advisor                     4

 

Economics

Required Courses plus  

Three Economics electives - to be selected

with advisor                                   12

 

Marketing and Management

Required Courses plus three of the following:

BUS 310 Human Resources Management              4

BUS 311 Organizational Behavior                 4

BUS 320 Consumer Behavior                       4

BUS 336 International Management                4

BUS 360 Entrepreneurship                        4

BUS 362 Social Entrepreneurship                 4   

BUS 337 International Marketing                 4

 

NOTE: A grade of C- or above must be earned in all Business and Economic courses

 

 

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.

Subtotal                                         0-8  

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

MINOR REQUIREMENTS 

The following minors are available to all arts and sciences majors with the exception of Business Economics majors:

    

Business Minor

BUS 101 Business and Society                    4

BUS 208 Accounting Principles                   4   

BUS 210 Principles of Management                4

BUS 220 Principles of Marketing                 4

BUS 303 Business Law                            4

BUS 340 Managerial Finance                      4

Total credits for the Minor                    24

Economics Minor

 

ECO 110S Principles of Economics                4

ECO 308 Price Theory                            4

ECO 309 Money, Banking and Macroeconomic Theory 4

ECO 450 Managerial Economics                    4

Four elective credits in Economics              4

 

Total credits for the Minor:                   20

 

 

NOTE: A grade of C- or above must be earned in all Business and Economic courses

 

See other years' Catalogs