Economics BS, Economic and Business Forecasting Specialization

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Economic and business forecasting specialization focuses on the analysis of business and economic trends such as prices, sales, business cycles, and commodity flows. Economists gather, manage, and analyze economic and business data to understand and predict trends so decision makers can make informed choices. Students develop technical skills and gain experience with statistical software. They utilize the latest econometric methods in their data analysis and can offer forecasting expertise to business and governments alike. This program provides a great preparation for economics, finance and analytics graduate programs.

Economics Foundation

Positions of responsibility in today’s world are usually held by individuals who have the capacity to analyze complex problems and make intelligent decisions. Learning economics will help students think logically and improve their ability to use economic concepts to analyze “real-world” problems and opportunities. In addition to preparation for business and government agency employment, an economics major is an excellent preparation for law schools, Master of Business Administration programs, and graduate programs in economics, agricultural economics, and natural resource management.

Admission Requirements
Students can apply to the major as part of their application to CWU, via their MyCWU account, or by emailing CBAdvising@cwu.edu and will be approved for entry to the major once they have completed the college of business agreement to policies.

Requirements for Progression and/or Graduation

To graduate with a degree in economics, students must:

• Earn at least 45 credits at CWU and meet all CWU graduation requirements, including grade point average requirements that apply to all CWU major programs.

• Complete at least 45 credits of coursework applied toward the economics major at CWU.

• Earn at least a 2.25 GPA in all classes applied toward major requirements, with nothing less than a C- (1.7) in any individual course.

When selecting a statistics (BUS 221 or MATH 211) option, students are strongly encouraged to select BUS 221 unless transferring a course to meet the requirement.

For policies that apply to all College of Business programs and requirements, as well as program learner outcomes, please see College of Business .

Foundation Core Requirements

BUS 102 - Business Computer Skills Credits: (5)
BUS 221 - Introductory Business Statistics Credits: (5)
OR MATH 211 - Statistical Concepts and Methods Credits: (5)
ECON 130 - Foundations for Business Analytics Credits: (5)
OR MATH 130 - Finite Mathematics Credits: (5)
ECON 201 - Principles of Economics Micro Credits: (5)
ECON 202 - Principles of Economics Macro Credits: (5)

Select one from the following for 5 credits:

MATH 153 - Pre-Calculus Mathematics I Credits: (5)
MATH 154 - Pre-Calculus Mathematics II Credits: (5)
MATH 170 - Intuitive Calculus Credits: (5)
MATH 172 - Calculus I Credits: (5)
MATH 173 - Calculus II Credits: (5)

Foundation Core Requirements Total Credits: 30

Economic and Business Forecasting Specialization

This specialization is for students who seek careers involving research in economics and business, including forecasting.

Business Courses Credits: 48

ACCT 251 - Financial Accounting Credits: (5)
ACCT 252 - Managerial Accounting Credits: (5)
BUS 301 - Contemporary Approaches to Personal and Professional Development Credits: (3)
BUS 241 - Legal Environment of Business Credits: (5)
COM 301 - Public Speaking for Business and Organizations Credits: (2)
ENG 311 - Business Writing Credits: (3)
FIN 370 - Introductory Financial Management Credits: (5)
MGT 382 - Principles of Management Credits: (5)
MIS 386 - Management Information Systems Credits: (5)
MKT 362 - Essential Marketing Concepts Credits: (5)
SCM 310 - Supply Chain Management Credits: (5)

Required Courses Credits: 30

ECON 325 - Introduction to Forecasting Credits: (5)
ECON 401 - Intermediate Microeconomic Analysis Credits: (5)
ECON 402 - Intermediate Macroeconomic Analysis Credits: (5)
BUAN 406 - Business Analytics Credits: (5)
ECON 424 - Introduction to Econometrics Credits: (5)
ECON 426 - Economic Research Credits: (5)

Total Credits: 108

College and Department Information

Economics Department
College of Business

College of Business Admission Requirements
For information on admission requirements, please go to: College of Business .

Online Availability
The program does not have a designated online only option.

Program Codes
Major plan codes: ECON, ECONP
Specialization plan code: EBF, EBFP