
Bachelor of Science - Business - Economics







About Bachelor of Science - Business - Economics
Program Description
Economics is both a social science discipline and a framework for analyzing production, consumption, and distribution decisions. The goal of the undergraduate curriculum is to offer students the theoretical background necessary to understand business and policy issues, as well as the quantitative and analytical skills necessary to evaluate these issues independently. The Economics Department offers courses that explore topics such as unemployment, inflation, production and distribution, economic growth, environmental issues, poverty, urban and regional development, international trade, labor issues, economic history, and international economic relations. Courses emphasize the need for accurate knowledge of business institutions and economic phenomena, for theories capable of explaining these phenomena, for estimating relationships among economic variables, and for testing explanations.
Graduates with a major in economics are solidly prepared for employment in the private, public, and non-profit sectors, or for advanced studies in business, law, and economics. The economics major in the College of Business combines the study of economics with the related business fields of accountancy, finance, marketing and management.
DePaul offers Economics as both a major and minor field of study through both the Driehaus College of Business and the College of Liberal Arts and Social Sciences. An Honors Track option is available to economic majors in both colleges. In addition, the Department of Economics offers the Accelerated Bachelor-Master of Science in Economics and Policy Analysis.
Learning Outcomes
Core Outcomes
- Use analytical and reflective skills in decision making.
- Communicate effectively both orally and in writing.
- Recognize legal and ethical issues confronting them.
- Contribute to the performance of a group within a business setting.
- Know the differences among global economies, institutions, business practices and cultures.
- Acquire knowledge of the functional areas of business and the interrelationships among the functional areas within a business.
Program Specific Outcomes
Students will be able to:
- Define economic concepts needed to analyze issues in the business and popular press.
- Identify the function of key economic institutions, such as the Federal Reserve System.
- Employ an economic theory or model to analyze the impact of changes in economic variables.
- Assess the potential impact of government interventions on individuals, markets, and/or the macroeconomy.
- Apply economic concepts/models in a variety of fields within economics (e.g., Labor Economics, Health Economics, Urban Economics, International Economics, Development Economics, History of Economic Thought, etc.).
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