International Business Economics (BS)

Print Degree Planner (opens a new window) |

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.

Use Grad MAPs to plan your degree

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.

John B. Goddard School of Business & Economics Requirements

John B. Goddard School of Business & Economics Curriculum

The program of study within the John B. Goddard School of Business & Economics is designed to assist the students from admission to career placement. All degree programs within the Goddard School follow the same general pattern which is composed of five required elements: (1) Liberal Support Curriculum, (2) Business Foundations, (3) Admission and Major Declaration, (4) Business Core, and (5) Major Discipline.

1. Liberal Support Curriculum (7 credit hours)

The Liberal Support Curriculum consists of courses outside the John B. Goddard School of Business & Economics which provide critical skills and information useful to all business students. Students should complete the Liberal Support Curriculum as soon as possible because the knowledge attained in these courses will be used throughout the business curriculum.

ENGL 2010 EN - Intermediate College Writing Credits: (3)
MATH 1050 QL - College Algebra Credits: (4)
ENGL 2010 and MATH 1050 must be completed with a grade of “C” or higher and may not be taken on a CR/NC basis. Courses required in the Liberal Support Curriculum for Goddard School majors may be used to satisfy specific university and general education requirements.

MATH 1010 is a prerequisite for ECON 1010 and ECON 2020 . MATH 1050 is a prerequisite for QUAN 2400 and QUAN 2600 . Students seeking a degree within the Goddard School of Business & Economics should plan to take the necessary mathematics courses as early as possible in their program of study.

2. Business Foundations Curriculum (16 credit hours)

Each major discipline within the Goddard School designates different course work. Consult the Degrees/Programs listing for the Major course work required. Generally, students should begin taking courses within their major area before completing all of the courses in the Business Core. Refer to department degree maps for assistance in course sequencing.

The Business Foundations Curriculum provides the base for all business and economic degree programs and should be completed early in the student’s academic studies. To satisfy the Business Foundations requirement, courses must be completed with a grade of “C-” or higher. However, admittance to the Goddard School requires a cumulative GPA of 2.5 or higher for the six Business Foundation courses.

ACTG 2010 - Survey of Accounting I Credits: (3)
ACTG 2020 - Survey of Accounting II Credits: (3)
ECON 2010 SS - Principles of Microeconomics Credits: (3)
ECON 2020 SS - Principles of Macroeconomics Credits: (3)
QUAN 2600 - Business Statistics I Credits: (3)
MIS 2010 - Business Computer Skills Credits: (1)

3. Admission Assessment (0 credit hours)

Students intending to pursue a Bachelor of Science or Associate of Science from the John B. Goddard School of Business & Economics must take the appropriate assessment course listed below. Students wishing to minor in Accounting or Economics must also take the appropriate assessment course. Other minors and certificates do not require any assessment course. Students should register for this course concurrent with (same semester as) or after their last required Business Foundations Course.

BSAD 2899 - Business Foundations and Admission Assessment Credits: (0) or
ECON 2899 - Economics Foundations and Admission Assessment Credits: (0) (for non-business Economics majors only)

Admission and Major Declaration

Refer to the criteria and process for admittance to the Goddard School by visiting John B. Goddard School of Business & Economics .

4. Business Core (34-35 credit hours)

The Business Core exposes students to the traditional areas of business and provides the competencies needed to analyze problems and interact with individuals from different units of an organization.

Everyone working in business needs a knowledge of these areas. Students should take course work within the Business Core as they are completing the courses within the Major Discipline. Many of the courses in the Business Core are prerequisites for other classes. Keeping this in mind and using department degree maps will assist students in course sequencing.

Required Core Courses

QUAN 3610 - Business Statistics II Credits: (3)
BSAD 3200 - Legal Environment of Business Credits: (3)
BSAD 3330 - Business Ethics & Environmental Responsibility Credits: (3)
FIN 3200 - Financial Management Credits: (3)
MGMT 3010 - Organizational Behavior and Management Credits: (3)
SCM 3050 - Operations and Supply Chain Management Credits: (3)
MKTG 3010 - Marketing Concepts and Practices Credits: (3)
MIS 2020 - Introduction to Information Systems Credits: (3)
BSAD 4620 - Executive Lectures Credits: (1)
BSAD 4780 - Strategic Management Credits: (3) *
*BSAD 4780 should be taken near the conclusion of the program of study.

One of the following Communication courses:

MGMT 3200 - Managerial Communications Credits: (3) or
PS 3250 - Business Communication Credits: (3) or
ENGL 3100 - Professional and Technical Writing Credits: (3)
or
ECON 4970 - Introduction to Research Methods Credits: (1) and
ECON 4980 - Research Methods Credits: (3)
ENGL 3750 - Business, Economics and Literature: From Wages to Wal-Mart, and Wall Street to Wattsmart: Poverty, Wealth, and Consumption in Literature can be taken to complete the business communication requirement in place of the above options.

One of the following International courses:

ACTG 4140 - Accounting for Global and Complex Entities Credits: (3)
ECON 3110 - International Trade Credits: (3)
ECON 3120 - International Finance and Monetary Systems Credits: (3)
ECON 4170 - Economic Development Credits: (3)
MIS 3710 - Global Issues in Information Technology Credits: (3)
MGMT 3400 - International Business Credits: (3)
MKTG 3600 - International Marketing Credits: (3)
SCM 4400 - Global Supply Chain Management Credits: (3)

5. 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.

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 INT - 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)
ECON 3300 - Environmental Economics Credits: (3)
ECON 4330 - Game Theory Credits: (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)