Business Economics Specialization

A graduate or undergraduate degree earned online at Ashford University with a specialization in Business Economics prepares you with a foundational look at wealth within today’s economies both large and small. If you specialize in economics, you will be able to supplement your specific degree program with courses designed to look specifically at topics such as financial institutions, international economics, managerial economics and economic structure. Your specialization may require prerequisite course work. Please talk to your advisor for more information. Learn more about the individual classes required for your specific degree.

Program Disclosures

Business Economics Specialization for Undergraduate Degrees

The Business Economics specialization for undergraduate degrees prepares you to exercise leadership in business planning and policy. You will build both technical and business skills with this specialization added to your Bachelor’s degree at Ashford University. This specialization consists of four (4), three (3) credit courses.

Degrees Offering the Business Economics Specialization

Undergraduate Business Economics Specialization Courses

ECO 203 Principles of Macroeconomics

3 Credits

Introduction to national income determination and the equilibrium level of output and employment. Monetary and fiscal policies as well as open economy issues are discussed. Recommended prerequisites: Fulfillment of the General Education Critical Thinking core competency and Digital Literacy competency.

ECO 316 Financial Institutions & Markets

3 Credits

A study of money and capital markets concentrating on interest rate determination, the major public and private financial institutions in the U.S. economy, and the major types of financial instruments including bonds, equities, and derivative instruments. Prerequisite: ECO 100 or ECO 203. 

ECO 320 International Economics

3 Credits

This course will focus on the global environment of firms with particular emphasis on economic variables such as GDP, inflation, interest rates, and exchange rates. Topics include international trade, international finance, and regional issues in the global economy.

ECO 406 Business Cycles & Growth

3 Credits

Topics include analysis of economic fluctuations and their impact on corporations and consumers; different explanations for business cycles; monetary and fiscal policy for stabilizing economic fluctuations; effects of public debt, investment, employment and trade policy on economic growth. Prerequisite: ECO 203.

Business Economics Specialization for Graduate Degrees

In a world where even local events have global impact, the study of business economics can be crucial for future leaders. With an MBA in Business Economics from the Forbes School of Business & Technology™ at Ashford University, you will develop the skills you need to formulate business strategies to meet the challenge of the markets. The MBA with a Business Economics specialization reinforces the natural relationship between economics and finance. Through three specific courses of the Business Economics specialization, you will study economic forces that impact business, from employment and inflation to monetary and fiscal policy.

What is an MBA in Business Economics?

An MBA in Business Economics is a Master's degree in business administration with a focus on the economic concepts and practices that impact today’s businesses. Coursework in micro- and macroeconomics, financial analysis, business statistics, fiscal policy, and market structure prepares graduates with a Business Economics MBA for high-level, decision-making positions.

Degrees Offering the Business Economics Specialization

Graduate Business Economics Specialization Courses

To achieve your MBA in Business Economics, you must complete these three courses of the Business Economics specialization in addition to the core MBA courses.

BUS 668 Macroeconomics of Financial Markets

3 Credits

This course examines the monetary aspects of production, spending, borrowing, and lending decisions, organization, performance and scope of services provided by financial markets and institutions, and the powers of the Federal Reserve System to use monetary policy and limits to credit expansion. The regulatory and globalization aspects and relevance of market behavior to the financial system are also examined.

BUS 669 Managerial Economic Analysis

3 Credits

Managerial economics introduces the basic principles of economic analysis as applied to managerial decisions to determine how an organization can achieve its aims most efficiently. This course applies statistical and quantitative tools and the methodological approaches commonly used by economists to business problems as demand estimation, product pricing, profit maximizing level of output, cost minimizing level of input use, and forecasting.

BUS 689 Market Structure & Firm Strategy

3 Credits

This course focuses on the study of markets, laws, and government regulations used to smooth significant market imperfections, especially the problems caused by market structure and market power. The course further examines how firms formulate business strategies and activities to position themselves for profit advantage. This course is cumulative in nature, integrating knowledge and information attained while completing the entire MBA/Business Economics curriculum. In addition, the course project requires the generation and presentation of an industry economic analysis.

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