Bachelor of Arts in Business Economics
With an online Business Economics degree from Ashford University, you will utilize your strong economic foundation and have the opportunity to make a real impact on businesses. Earn your online business economics degree to discover the necessary skills needed to become a critical member of a business organization. Due to globalization and the increasing competition in the business sphere, corporations are looking for individuals who possess these necessary economics skills, such as forecasting in various markets and analyzing data.
What is a Business Economics Degree?
While similar to a traditional economics degree, a business economics degree equips students with essential economics skills and theories, but tailors them to be used specifically for business. With a strong economics foundation, you will be equipped to conduct research, collect, analyze, and report on essential data, in order to help organizations, make better business decisions.
What you will learn
You will learn to collect, assess, and interpret quantitative data consistent with modern economic theory. Analyzing the statistics of a business is crucial for its success. If you successfully complete your bachelor’s degree in business economics, you will be able to:
- Assess business facts and interpret them consistent with economic thinking
- Examine how decision makers allocate scarce resources to achieve economic efficiency
- Apply economic tools to analyze decisions made by consumers, firms, and policy makers
- Predict the impact of fiscal, monetary, and trade policy on a firm using microeconomic and macroeconomic models.
Your Courses in Business Economics
Choose success in your education with your business economics degree! In this online economics degree curriculum, your courses will cover a variety of relevant subjects; from finance and international trade, to strategic planning and business life-cycles. The courses are designed to give you the skills to think critically and analytically so that you can make decisions, and solve issues with the appropriate resources.
To help students acclimate to the online classroom, you may be required to complete Introductory Course requirements. Learn more about Introductory Courses.
Major Course Requirements (45 credits, all courses are 3 credits.)
Emphases for Business Economics
An emphasis provides you with additional opportunities to broaden and enrich your education that is distinct from and enhances your major. It may be taken as a way to expand career options, to prepare for graduate study, or simply to explore in greater depth an area different from your major. An emphasis consists of three (3), three (3) credit courses. Choose from the following emphases:
Environmental Management & Sustainability
Web & Mobile App Technology
Careers in Business Economics
Given its analytical nature and diverse curriculum, a business economics degree can provide a solid foundation for your career. Your bachelor’s degree can prepare you for many entry-level research, consultant, or administrative related jobs. There are many positions and settings related to business economics where an online economics degree can be beneficial to you. For example, typical settings for business economics jobs can include:
- Financial institutions
- Marketing institutions
- Investment institutions
- Consulting firms
Additionally, economic studies can prepare those looking to advance in their careers, as it provides a solid foundation for graduate level study. For a more in-depth list of potential business economics career options, click on the link below.
Employment Outlook for Business Economics
As markets become more competitive, organizations from the private sector to the local, state, and federal government, will continue to seek professionals who can help improve efficiency and control costs. While your economic career options can be diverse, those specifically looking to pursue common business economic related careers such as business/management analysis, are expected to see growth in the next decade. The U.S. Bureau of Labor Statistics predicts that the employment of these careers are projected to grow 14 percent from 2018 to 2028, much faster than the average for all occupations.
The Bachelor of Arts in Business Economics degree is IACBE accredited.
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