International Business Economics (BS)

The International Business Economics program is intended for business and economics majors who are strongly interested in working for a multinational business organization or in employment outside of the United States. Apart from building strong foundations in all business disciplines, the program is designed to provide students with study abroad and professional experiences that are complemented with foreign language skills.

Program Prerequisites: Most business and economics courses with numbers above 3000 require formal admission to the John B. Goddard School of Business & Economics and completion of ACTG 2010 , ACTG 2020 , ECON 2010 , ECON 2020 , MIS 2010 , and QUAN 2600 . These six courses are referred to collectively as “Business Foundations”.
Minor: None required.
Grade Requirements: Candidates for the Bachelor of Science degree must complete all prerequisite and required business and economics courses with a grade of “C-” or higher. In addition, the cumulative Business Foundations GPA, John B. Goddard School of Business & Economics (major) GPA, and the overall university GPA must be 2.5 or higher.
Credit Hour Requirements: A total of 120 credit hours is required for graduation. The required 40 upper-division credit hours (courses numbered 3000 and above) are included in the School and major requirements.
Program Code: 4040BS
CIPC: 520601

Advisement

Advisement is strongly encouraged for all Goddard School majors and minors. See more information on available advising resources in the John B. Goddard School of Business & Economics section of this catalog.

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Admission Requirements

Acceptance to the John B. Goddard School of Business & Economics is required for students pursuing a Bachelor of Science or Associates of Science as well as students pursuing minors in Accounting or Economics. To be admitted, students must register for BSAD 2899 or ECON 2899 (for non-business Economics majors only). Students may obtain information regarding admissions from the Goddard School Advising Center, WB 211, (801) 626-6534.

General Education

Refer to Degree Requirements for the University Bachelor of Science requirements. The following courses required for the International Business Economics major will also satisfy general education requirements: ENGL 2010 (Composition); MATH 1050 (Quantitative Literacy); ECON 2010 or ECON 2020 (Social Science); ECON 1740 is recommended to fulfill the Senate Bill Requirement in American Institutions.

MATH 1050 is a prerequisite for ECON 2010 , ECON 2020 , QUAN 2400 , and QUAN 2600 . Students seeking a major in Economics should plan to take the necessary mathematics courses as early as possible in their program of study.

Major Course Requirements for BS Degree

This program of study requires students to complete a study abroad experience (at least one semester of study at an accredited university outside of the United States or participation in a minimum of 6 credits of study abroad courses) and a foreign language requirement.

John B. Goddard School of Business & Economics Requirements

Liberal Support Curriculum (10)
Business Core (34-35)
Business Foundations (16)
BSAD 2899 - Business Foundations and Admission Assessment Credits: (0)
Completion of the Language Requirement as defined for the Bachelor of Arts Degree (can be up to 12 credits).

Business Courses Required (15-16 credit hours)

ECON 4010 - Intermediate Microeconomic Theory Credits: (3)
ECON 4020 - Intermediate Macroeconomic Theory Credits: (3) OR
ECON 3200 - Money and Banking Credits: (3) OR
ECON 3120 - International Finance and Monetary Systems Credits: (3)
ECON 4980 - Research Methods Credits: (3) (ECON 4970 Credits: (1)) OR
ECON 4860 - Economics Internship Credits: (1-3) (3 credit option must be used to fulfill requirement)
MIS 2020 - Introduction to Information Systems Credits: (3) OR
MIS 4850 - Information Systems & Technology Study Abroad Credits: (1-3)
QUAN 2400 - Business Calculus Credits: (3)

Note:

*ECON 4970 and 4980 will complete the Communication requirement as part of the business core as well as the required business course for the International Business Economics major. MIS 2020 will complete the MIS 2020 requirement as part of the business core as well as the required business course of the International Business Economics major.

Economics Elective Courses (6 credit hours)

Select from the following

ECON 3090 - History of Economic Thought Credits: (3)
ECON 3110 - International Trade Credits: (3) (if not chosen as an international elective)
ECON 3120 - International Finance and Monetary Systems Credits: (3) (if not chosen as a required business course or international elective)
ECON 3200 - Money and Banking Credits: (3) (if not chosen as a required business course)
ECON 3400 - Labor Economics Credits: (3)
ECON 3410 - Women in the World Economy Credits: (3)
ECON 4170 - Economic Development Credits: (3)
ECON 4320 - Industrial Organization Credits: (3)
ECON 4520 - Public Finance Credits: (3)
ECON 4550 - Introduction to Econometrics Credits: (3)
ECON 4560 - Mathematical Economics Credits: (3)
ECON 4800 - Independent Research Credits: (1-3)
ECON 4810 - Experimental Courses Credits: (1-3)
ECON 4920 - Short Courses, Workshops, Institutes, and Special Programs Credits: (1-3)

International Elective Courses (6 credit hours)

Select from the following

ACTG 4140 - Accounting for Global and Complex Entities Credits: (3) additional pre-requisites apply
ECON 3110 - International Trade Credits: (3) (if not chosen as an economics elective)
ECON 3120 - International Finance and Monetary Systems Credits: (3) OR
ECON 3150 - Business Studies Abroad-International Finance Credits: (3) (if not chosen as a required business course or economics elective)
ECON 4170 - Economic Development Credits: (3) (if not chosen as an economics elective)
MIS 3710 - Global Issues in Information Technology Credits: (3)
MGMT 3400 - International Business Credits: (3) OR
BSAD 4850 - Business Administration Study Abroad Credits: (1-3) OR
MGMT 3450 - Business Studies Abroad-International Management Credits: (3)
MKTG 3600 - International Marketing Credits: (3) OR
MKTG 3700 - Business Studies Abroad - International Marketing Credits: (3)
SCM 4400 - Global Supply Chain Management Credits: (3)
ECON 4850 - Economics Study Abroad Credits: (1-3)
FIN 4850 - Finance Study Abroad Credits: (1-3)
MGMT 4850 - Management Study Abroad Credits: (1-3)
MKTG 4850 - Marketing Study Abroad Credits: (1-3)
ACTG 4850 - Accounting Study Abroad Credits: (1-3)
SCM 4850 - Supply Chain Management Study Abroad Credits: (1-3)
MIS 4850 - Information Systems & Technology Study Abroad Credits: (1-3) (if not chosen as a required business class)