Economics BS, Managerial Economics Specialization

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Managerial economics applies economic principles to solve common business problems. It studies how managers make decision in all aspect of business, especially in finance, marketing, accounting, supply chain and management. Managerial economists gather, manage and analyze business data to inform and evaluate business strategies. The managerial economics program is for students with a primary interest in private sector employment, and combines economics with accounting and finance courses that are useful in a business setting. This program at CWU provides a great preparation for economics, masters in business administration, finance and accounting 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

Managerial Economics Specialization

This specialization is for students with an interest in both public and private sector employment and preparation for law school. Highly recommended supporting courses: MATH 170 or MATH 172. The managerial economics specialization can be used as part of a double major. See your advisor for details.

Required Courses Credits: 58

ACCT 251 - Financial Accounting Credits: (5)
ACCT 252 - Managerial Accounting Credits: (5)
BUS 241 - Legal Environment of Business Credits: (5)
BUS 301 - Contemporary Approaches to Personal and Professional Development Credits: (3)
COM 301 - Public Speaking for Business and Organizations Credits: (2)
ECON 352 - Managerial Economics Credits: (5)
ECON 401 - Intermediate Microeconomic Analysis Credits: (5)
ECON 402 - Intermediate Macroeconomic Analysis Credits: (5)
BUAN 406 - Business Analytics Credits: (5)
ENG 311 - Business Writing Credits: (3)
FIN 370 - Introductory Financial Management Credits: (5)
MKT 362 - Essential Marketing Concepts Credits: (5)
SCM 310 - Supply Chain Management Credits: (5)

Department-Approved Electives Credits: 20

300- to 400-level economics courses (except ECON 396, ECON 490, ECON 496) Credits: (15)
Other 300- to 400-level accounting, business administration, and economics courses Credits: (5)

Total Specialization Credits: 78

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: MAEC, MAECP