Managerial Economics goes beyond the limits of traditional economics and business majors, blending a thorough grounding in economic theory with business knowledge and applications. The program provides in-depth exposure to economics and quantitative methods, problem-solving strategies, critical thinking and effective communication skills. Options for specialization include: business economics, international business economics, environmental and resource economics, and agribusiness economics.
The real-world focus of this major prepares students for an ideal transition into business and promising careers in the public and private sectors. Managerial Economics majors have established careers in every area of business and industry, including marketing, analysis, consulting, financial services, accounting, entrepreneurship, real estate and government. Many Managerial Economics graduates have entered advanced degree programs in business management (MBA), accounting (MPAc) and law (JD).
Managerial economics students can select from four areas of specialization:
- Business Economics, which focuses on analysis, finance and management of business activities
- International Business Economics, which explores the economic drivers and policy challenges in the major emerging markets
- Environmental and Resource Economics, which concerns issues related to environmental quality and the use of resources
- Agribusiness Economics, which focuses on the business aspects of producing and marketing foods and fibers
Study begins with a series of preparatory courses in economics, calculus, statistics, accounting, business law and computer science. Five required upper-division core classes in intermediate micro- and macro-economics, econometrics and quantitative analysis provide a solid foundation for all students in this major. Another 32 units of restricted electives, chosen from a wide variety of course offerings, completes the remaining major requirements.