Skip Content
Pennsylvania State University Homepage Home

You are here

Business Economics Career Tracks

“What can I do with a major in business economics?” is one of the most popular questions we hear from students.  And the answer: practically anything and everything.

One of the reasons that business economics majors can pursue almost any career is because of the skills gained through the required coursework. As a business economics major you should:

  • Be able to analytically and critically solve complex problems and make decisions.
  • Be skilled at finding, organizing and interpreting data.
  • Be proficient at linking national and international economic issues to business.
  • Be adept at presenting ideas in written documents, oral presentations and interpersonal interactions. 

Career Tracks

To help you understand your options and define your career goals, we’ve provided a list of tracks that business economics majors typically pursue, along with sample job titles to look for as you search for an internship or your first professional position. For each track we have included information on relevant Penn State Behrend courses we believe will be beneficial for you to complete. Keep in mind that this is a guide only. You are not required to take all courses listed and it is important to work with your academic advisor each semester to make sure you are completing all requirements for the major.

Banking and Finance

Data Analytics

Managerial Economics and Accounting

Marketing and Sales

Supply Chain Management

Regional Planning

Human Resources

Economic Media

International Trade

Entrepreneurship

Government and Public Policy

Law

Graduate School

Banking and Finance

Students who want a career in the financial sector often assume majoring in finance is the logical choice.  For some this is true, but for others a degree in business economics may be a better option.  In order to make a well-informed decision, it is important to understand the difference between these two fields of study. 

Economics is the study of how individuals and groups make decisions with limited (scarce) resources as to best satisfy their wants, needs, and desires. A study of economics includes all aspects of a country’s economy, such as how a country uses its resources, how much time laborers devote to work and leisure, the outcome of investing in industries or financial products, the effect of taxes on a population, and why businesses succeed or fail. Finance is a subset of economics. Finance focuses on the management of assets and money. The three general areas of financial study are business finance, public finance, and personal finance. Each of these areas considers the concepts of money, time, and risk.

Although both majors incorporate a set of practical tools that can be applied in the business world, business economics provides students with a broader, “bigger picture” set of skills with which to analyze and better understand the world around them.  Since both theory and practical application are a part of the business economics curriculum, students who earn a degree in this field are well prepared to use their analytical and critical thinking skills (which are highly valued and well rewarded in the financial sector) to solve problems. Business economics graduates have the reputation of being prepared to tackle a wider range of responsibilities due to their training and therefore tend to have a wider set of career options overall in both the financial and government sectors upon graduation.  For example, individuals with economic training can find employment and are highly sought after in well-known government agencies such as the Federal Reserve, the Securities and Exchange Committee, the Treasury Department and global entities such as the World Bank.

If you are considering a career in banking specifically, business economics is also a great choice because it provides you with a solid understanding of the primary issues and tools in the management and regulation of financial institutions.

Recommended Courses

Take Four (electives in the major):

ECON 351 Money and Banking
ECON 481 Business Forecasting Techniques

ECON 442 Managerial Economics

ECON 315 Labor Economics

Take Three (Business Support)

1. FIN 330 Personal Financial Planning

2. FIN 409 Real Estate Finance and Investment

3. FIN 420 Investment & Portfolio Analysis
4. FIN 427 Derivative Securities

5. FIN 430 Estate Planning

6. FIN 450 Retirement Planning

7. FIN 451 Intermediate Financial Management
8. FIN 461 Portfolio Management and Analysis

9. FIN 471 International Finance

10. ACCT 310 Federal Taxation I

Take Four (Non-Business Support):

1. PHIL 103 Introduction to Ethics

2. PSYCH 485 Leadership in Work Settings

3. CMPSC 100 Computer Fundamentals and Applications

4. CMPSC 203 Introduction to Spreadsheets and Databases

Related Certificates

Also consider a concurrent major in Finance or a certificate program.

For those interested in earning the Financial Planning Certificate, the following Finance and Accounting courses listed above can be used towards earning this certificate: FIN 330, FIN 420, FIN 430, FIN 450, FIN 491, and ACCT 310. See a complete description of the required courses.

For those interested in earning the Financial Risk Management Certificate the following Finance courses listed above can be used towards earning this certificate: FIN 420, FIN 427, and FIN 461. See a complete description of the required courses.

Sample Job Titles

Asset Manager

Bank Officer

Business Analyst

Commodities Broker

Consultant

Cost Estimator

Credit Analyst

Economic Analyst

Equity Trader

Hedge Fund Administrator

Financial Analyst

Financial Planner

Foreign Exchange Trader

Investment Banker

Management Consultant

Management Trainee

Operations Analyst

Sales Representative

Securities Analyst

Stock Broker

Trading Assistant

Trust Officer
 

Data Analytics

Data analysis is the process of finding the right data to answer your question, understanding the processes underlying the data, discovering the relevant patterns in the data, and then communicating your results to have the largest impact. Data analytics is growing rapidly in both small and large organizations across the globe.  Whether public or private, profit or nonprofit, organizations are using analytics to improve decision making.  Business leaders realize that leveraging new technologies and better utilizing available data can lead to more effective strategies, better ways to service their customers and ultimately higher profits. Unfortunately in many cases, the technology has evolved faster than the workforce skills needed to effectively utilize data analytics. As a result, a strong demand for professionals with analytic skills has developed and continues to grow. A degree in business economics will provide you with the tools you need to work with data in a variety of fields. 

Recommended Courses:

Take Four (electives in the major):

ECON 481 Business Forecasting Techniques

ECON 315 Labor Economics

ECON 430 Regional Economic Analysis

ECON 442 Managerial Economics

ECON 460 Sports Economics

Take Three (Business Support):

1. MIS 336 Database Management Systems

2. MIS 404 Introduction to ERP and Business Processes

3. MIS 445 Business Intelligence

4. MKTG 342 Marketing Research

5. ACCTG 312 Accounting Technology Lab

6. FIN 427 Derivative Securities

Take Four (Non-Business Support):

1. PSYCH 200 Elementary Statistics in Psychology

2. PSYCH 301W Basic Research Methods in Psychology

3. STAT 301 Statistical Analysis I

4. STAT 401 Experimental Methods

5. STAT 414 Introduction to Probability Theory

6. STAT 462 Applied Regression Analysis

7. GEOG 363 Geographic Information Systems

8. CMPSC 203 Introduction to Spreadsheets and Databases

Related Certificates

Also consider a concurrent major or minor in Statistics and/or an Actuarial Mathematics and Statistics Certificate

For those interested in earning the Actuarial Mathematics and Statistics Certificate the following courses listed above can be used towards earning this certificate: ECON 481, FIN 427, STAT 301, STAT 414, STAT 401, and STAT 462. See a complete description of the required courses.

Sample Job Titles

Actuary

Budget Analyst

Business Analyst

Business Intelligence

Data Analyst

Data Manager

Data Scientist

Health Informatics

Information Manager

Investment Banker

Market Analyst

Market Researcher

Operations Research Analysts

Programmer

Security Analyst

Managerial Economics and Accounting

Business economics majors often take accounting courses. Their choice in courses may range from one to several depending on their interests. Focusing on managerial economics and/or accounting would be suitable for any individual wishing to apply the principles of economics to the business environment. Accounting by itself provides the information necessary to determine and evaluate the present and projected economic activities of organizations. It includes financial services to individuals, business entities, non-profit organizations, and government at all levels. By adding the managerial economics component, emphasis is placed on logical reasoning and the development, understanding, and use of information, which enables students to solve problems relating to the management of organizations.

For those students who are more interested in the management side of decision making, taking the MGMT Business Support courses is recommended.

Recommended Courses:

Take Four (electives in the major)

ECON 442 Managerial Economics

ECON 481 Business Forecasting Techniques

ECON 315 Labor Economics

ECON 351 Money and Banking

Take Three (Business Support)

1. ACCTG 305 Financial Statements and Management Decisions

2. ACCTG 310 Federal Taxation I

3. ACCTG 312 Accounting Technology Lab

4. ACCTG 340 Cost Accounting

5. ACCTG 371 Intermediate Accounting I

6. ACCTG 403 Auditing

7. ACCTG 426 Financial Statement Analysis

8. ACCTG 472 Intermediate Financial Accounting II

9. MGMT 331 Management and Organization

10. MGMT 410 Project Management

11. MGMT 420 Negotiation and Conflict Management

12. MGMT 431 Entrepreneurship and Small Business Management

Take Four (Non-Business Support)

1. PSYCH 200 Elementary Statistics in Psychology

2. PSYCH 301W Basic Research Methods in Psychology

3. PSYCH 485 Leadership in Work Settings

4. PSYCH 281: Intro to Industrial Organization Psychology

5. STAT 401 Experimental Methods

6. STAT 462 Applied Regression Analysis

7. PUBPL 305 Leadership Studies

Related Programs

Also consider a concurrent major or minor in Accounting. Note: For students planning to become CPAs, Behrend’s one-year MBA program provides the 150 credit hours necessary to be eligible for a CPA license.

Sample Job Titles

Accountant

Auditor

Consultant

Controller

Cost Accountant

Cost Estimator

Credit Analyst

Economic Analyst

Financial Analyst

Financial Planner

Internal Revenue Agent

Management Consultant

Pricing Manager

Staff Accountant

Trust Officer

Marketing & Sales

The field of marketing derives many of its intellectual origins from economics. (Some even argue that marketing thought as a distinct discipline was borne out of economics.) In addition, there are many facets to marketing, all of which relate to business economics in important ways. Marketing professionals work on product pricing and promotion, sales and distribution and manage the process to get the product to market. Business economics majors thoroughly study and analyze models which directly relate to how marketing professionals make their decisions.  Market researchers collect and analyze market information through the use of quantitative data, statistical analysis packages, surveys and focus groups. Business economics majors are well prepared in the area of data analysis which serves as a direct complement to the work market researchers do in the field.

Recommended Courses

Take Four (electives in the major)
ECON 481 Business Forecasting Techniques

ECON 442 Managerial Economics

ECON 315 Labor Economics

ECON 351 Money and Banking

ECON 460 Sports Economics

Take Three (Business Support)

1. MKTG 327 Retailing

2. MKTG 342 Marketing Research

3. MKTG 344 Buyer Behavior

4. MKTG 410 Personal Selling

5. MKTG 422 Advertising and Sales Promotion Management 

5. MKTG 445 Global Marketing

6. MKTG 485 Business-to-Business Marketing

7. MIS 387 Website Design and Administration

Take Four (Non-Business Support)

1. PSYCH 301W Basic Research Methods in Psychology

2. COMM 100 The Mass Media and Society

3. COMM 118 Introduction to Media Effects

4. COMM 270 Introduction to Multimedia Production

5. COMM 320 Introduction to Advertising

6. COMM 370 Public Relations

7. COMM 421W Advertising Creative Strategies

8. COMM 422 Advertising Media Planning

9. COMM 471 Public Relations Media and Methods

10. GD 100 Introduction to Graphic Design

Related Certificate

Also consider a concurrent major or minor in Marketing and/or a certificate in Social Media.For those interested in earning the Social Media Certificate, the following courses listed above can be used towards earning this certificate: MKTG 422 OR COMM 320, GD 100, and MIS 387. See a complete description of the required courses.

Sample Job Titles

Account Representative

Agency Account Executive

Brand Assistant

Chief Marketing Officer

Consumer Business Analyst

Consumer Product Manager

Junior Analyst

Market Researcher

Marketing Analyst

Marketing Assistant

Marketing Manager

Media Buyer

Media Coordinator

Media Planner

Media Research Analyst

Media Supervisor

Online Marketing Director

Online Promotions Manager

Research Assistant

Survey Researcher

Sales Representative

Supply Chain Management

It is crucial for companies to operate at maximum efficiency if they want to remain competitive and profitable. A foundation of economics and other business courses with additional electives in supply chain management provides you with the tools necessary to be successful in this field. The economics courses focus on strategies for minimizing total costs of goods and services, forecasting techniques to ensure there is enough supply on hand to satisfy demand, and analytical techniques for finding the resource that will give your company the best return on investment. The supply chain courses provide skills for assuring quality and delivery performance, the ability to predict and prevent inefficiencies, knowledge of innovative supply chain processes and customer service skills to enhance experience and form strong relationships.

Recommended Courses:

Take Four (electives in the major)

ECON 481 Business Forecasting Techniques

ECON 442 Managerial Economics

ECON 315 Labor Economics

ECON 430 Regional Economic Analysis

Take Three (Business Support)

1. SCM 445 Operations Planning and Control

2. SCM 455 Logistics Systems Analysis and Design

3. SCM 460 Purchasing and Materials Management

4. SCM 465 Electronic Business Management

5. MIS 404 Introduction to ERP and Business Processes

6. MIS 405 Oracle Supply Chain Information Systems

7. MIS 406 Oracle Customer Information Systems

8. MIS 407 Oracle Enterprise Integration

Take Four (Non-Business Support)

1. PHIL 103 Introduction to Ethics

2. PSYCH 485 Leadership in Work Settings

3. CMPSC 100 Computer Fundamentals and Applications

4. CMPSC 203 Introduction to Spreadsheets and Databases

Related Certificate Programs

For those interested in earning the Oracle eBusiness Suite Certificate, the following courses listed above can be used towards earning this certificate: MIS 405, MIS 406, and MIS 407. See a complete description of the required courses.

For those interested in earning the SAP Enterprise Resource Planning (ERP) Certificate the following courses listed above can be used towards earning this certificate: SCM 445, SCM 460, SCM 465, and MIS 404. See a complete description of the required courses.

Sample Job Titles

Business Analyst

Category Manager

Commodity Manager

Import/export Agent

Inventory Leader

Logistics consultant

Materials Manager

Materials Planner

Procurement Specialist

Sourcing Specialist

Supply Chain Manager

Regional Planning

Business economics provides a solid foundation for anyone interested in real estate or regional planning.  A career in real estate can take many forms.  You may find yourself involved in the entire development process or working as an appraiser for a real estate or private sector company, a government agency or on your own to determine the value of a property. Additional opportunities exist in mortgage lending and residential and commercial brokerage, or as a property manager looking for ways to increase your income and profits.

Planners work with decision makers to understand urban and rural problems and formulate policy solutions that promote development that is economically efficient, socially equitable, and environmentally sustainable. Planners help guide future growth and redevelopment of urban, suburban, and rural communities.

A degree in business economics prepares you for professional careers in real estate that involve financial analysis, environmental research, negotiation skills and serving clients, and for making important decisions regarding real-world planning problems.

Recommended Courses

Take Four (electives in the major):

ECON 430 Regional Economic Analysis
ECON 481 Business Forecasting Techniques

ECON 315 Labor Economics

ECON 442 Managerial Economics

Take Three (Business Support):

1. FIN 409 Real Estate Finance and Investment

2. FIN 451 Intermediate Financial Management

3. ACCTG 305 Financial Statements and Management Decisions

4. ACCTG 340 Cost Accounting

5. ACCTG 426 Financial Statement Analysis

6. ECON 351 Money and Banking

7. MGMT 341 Human Resource Management

8. MGMT 420 Negotiation and Conflict Management

9. MIS 387 Website Design and Administration

Take Four (Non-Business Support):

1. GEOG 126 Economic Geography

2. GEOG 160 Mapping Our Changing World

3. GEOG 363 Geographic Information Systems

4. CIVCM 211 Civic and Community Engagement

5. PL SC 489 Public Administration

6. SOC 005 Social Problems

7. SUST 200 Foundations of Leadership in Sustainability

Students interested in this field may want to consider applying for a position as a Research Assistant at the Erie Economic Research Institute located on the Behrend campus in the Burke building. For more information contact Dr. James Kurre at 898-6266 or k12@psu.edu.

Sample Job Titles

Acquisitions Analyst

Appraiser

Asset Manager

Cost Analyst

Mortgage Specialist

Project Management Assistant

Property Manager

Real Estate Broker

Real Estate Development Researcher

Real Estate Valuation Associate

Sales Agent

Urban and Regional Planner

Human Resources

If you enjoy working with and helping people and always have considered yourself a “people person,” majoring in business economics with a focus on human resources may be the right path for you. Economists study human behavior, the foundation for learning about such practices as staffing, compensation, training, and benefits on organizational effectiveness. In addition, since the traditional human resource management duties are now starting to be outsourced in larger companies, employers are now looking for people who can add value to the strategic utilization of employees in measurable ways.  A student with a degree in business economics is trained to use metrics and measurements to demonstrate value and thus is well-suited for this shift in responsibilities. 

Through the business core courses you will learn basic strategies designed to improve individual and organizational performance as well as legal and ethical concerns in the treatment of employees.  In your economics elective courses you cover more advanced topics dealing with the analyses of labor market data, recruitment and training, and labor laws. The management electives expand the basic strategies and cover more advanced topics related to compensation and benefits as well as negotiation and conflict management.

Business leaders increasingly seek experts in human resources as their partners in building their organizations. Majoring in business economics while focusing on the human resources track provides students with the knowledge and skills required to effectively staff and maintain the workforce of organizations.  

Recommended Courses

Take Four (electives in the major):

ECON 315 Labor Economics

ECON 442 Managerial Economics

ECON 481 Business Forecasting Techniques

ECON 430 Regional Economic Analysis

Take Three (Business Support):

1. MGMT 341Human Resource Management

2. MGMT 420 Negotiation and Conflict Management

3. MGMT 441 Advanced Human Resource Management

4. MGMT 461 International Management

5. MIS 336 Database Management Systems

6. MIS 387 Website Design and Administration

7. ACCTG 310 Federal Taxation I

8. ACCTG 340 Cost Accounting

9. ACCTG 426 Financial Statement Analysis

Take Four (Non-Business Support)

1. PHIL 103 Introduction to Ethics

2. PSYCH 281: Intro to Industrial Organization Psychology

3. PSYCH 485 Leadership in Work Settings

4. LER 100 Employment Relations

5. COMM 471 Public Relations Media and Methods

6. CMPSC 100 Computer Fundamentals and Applications

7. CMPSC 203 Introduction to Spreadsheets and Databases

Also consider a minor in Management

Sample Job Titles

HR Consultant Coach

HR Director

HR Generalist

HR Officer

HR Manager

HR Specialist

Workforce Planning and Employment

HR Development

Total Rewards

Employee and Labor Relations

Risk Management

Mediator Appraiser

Regional Manager

Economic Media

Economists are often criticized for “speaking their own language.”  However, economists have a considerable amount of useful information about how the economy works from both a business standpoint and a policy perspective. Therefore, it is particularly important that economists have a way to present the findings from their research to both the public at large and to policy makers.  Talented journalists and other types of news reporters capable of sifting through the jargon and explaining in a more user-friendly fashion “what the numbers mean” are in demand throughout the world. In addition, because virtually every news story has a business angle, a degree in business economics makes any job candidate more attractive.
If you enjoy communicating economic ideas in either oral or written form, majoring in business economics while focusing on the economic media track is a good choice for you.

Recommended Courses:

Take Four (electives in the major)

ECON 315 Labor Economics

ECON 442 Managerial Economics

ECON 481 Business Forecasting Techniques

ECON 460 Sports Economics

Take Three (Business Support)

1. MKTG 342 Marketing Research

2. MKTG 422 Advertising and Sales Promotion Management 

3. MKTG 445 Global Marketing

4. MKTG 485 Business-to-Business Marketing

5. MIS 387 Website Design and Administration

Take Four (Non-Business Support)

1. COMM 001Newspaper Practicum*

2. COMM 002 Newspaper Editorial Staff*

3. COMM 003 Radio Practicum*

4. COMM 004 Television Practicum*

5. COMM 100 The Mass Media and Society

6. COMM 110 Media and Democracy

7. COMM 118 Introduction to Media Effects

8. COMM 160 Basic News Writing Skills*

9. COMM 260W News Writing and Reporting

10. COMM 315 Applications for Media Writing

11. COMM 320 Introduction to Advertising

12. COMM 360 Radio Reporting

13. COMM 422 Advertising Media Planning

14. COMM 470A Convergent Media News Service

15. COMM 471 Public Relations Media and Methods

* Courses followed by an asterisk are less than three credits.  Note that a total of 12 credits is required in this category and therefore a student may need to take more than four courses total to meet this requirement.

Related Certificates

For those interested in earning the Social Media Certificate, the following courses listed above can be used towards earning this certificate: MKTG 422 OR COMM 320, and MIS 387. See a complete description of the required courses.

Sample Job Titles

Business Journalist

Communication Specialist

Data Detective

Digital Producer

Economic Journalist

Editor

Media Consultant

Media Coordinator

News Assistant

News Reporter

Production Specialist

Social Media Reporter

Staff Writer

Web Developer

Web Editor

International Trade

We live in an increasingly globalized (and hence interdependent) world in which economic events happening halfway around the globe are as likely to affect us as economic events happening in the next state.  Therefore, no future business leader can hope to succeed without a solid grasp of the fundamental forces that affect the operation of the international trade and monetary system, as well as how that international trade and monetary system affects their individual organization.

The international trade sector includes many different organizations engaged in a wide range of trade-related activities. These organizations are all potential employers. A career in international trade could involve working for producers and distributors, trade service providers, trade assistance providers or trade regulators.

Recommended Courses:

Take Four (electives in the major)

ECON 315 Labor Economics

ECON 351 Money and Banking

ECON 442 Managerial Economics

ECON 481 Business Forecasting Techniques

Take Three (Business Support)

1. MKTG 445 Global Marketing

2. MGMT 461 International Management

3. FIN 471 International Finance

Take Four (Non-Business Support)

1. Select 12 credits in a foreign language and culture. Options include French (FR), German (GER) or Spanish (SPAN).

2. PL SC 014 International Relations

3. PL SC 487 International Law and Organizations

4. HIST 175 The History of Modern East Asia

5. HIST 181 Introduction to the Middle East

6. HIST 473 The Contemporary Middle East

7. PL SC 003 Introduction to Comparative Politics

8. PL SC 020 Comparative Politics – Western Europe

9. PL SC 022 Politics of the Developing Areas

10. PL SC 428 Gender and Politics

11. PL SC 442 American Foreign Policy

Also consider a concurrent major in International Business.

Sample Job Titles
Export Credit Insurance Specialist
Export Marketing Representative
Export Sales Representative
Market Research Analyst
International Sales
International Trade Specialist
International Business Development Manager
Shipping/Transport Clerk
Trade Finance Specialist

Entrepreneurship

A business economics degree provides a broad set of skills and flexibility when choosing courses which fits well for those students interested in pursuing a career in small business, starting their own business, or taking over their established family business. Students will learn how to evaluate the viability of a business and prepare a start-up business plan emphasizing financing, marketing and organization.

Recommended Courses:

Take Four (electives in the major)

ECON 442 Managerial Economics

ECON 481 Business Forecasting Techniques

ECON 351 Money and Banking

ECON 315 Labor Economics

Take Three (Business Support)

1. MGMT 341 Human Resource Management

2. MGMT 420 Negotiation and Conflict Management

3. MGMT 431 Entrepreneurship and Small Business Management

4. MGMT 440 Advanced Human Resource Management

5. MIS 387 Website Design and Administration

6. FIN 330 Personal Financial Planning

7. FIN 451 Intermediate Financial Management

8. FIN 461 Portfolio Management and Analysis

9. ACCTG 305 Financial Statements and Management Decisions

10. ACCTG 340 Cost Accounting

11. ACCTG 426 Financial Statement Analysis

12. MKTG 327 Retailing

13. MKTG 342 Marketing Research

14. MKTG 344 Buyer Behavior

15. MKTG 410 Personal Selling

16. MKTG 485 Business-to-Business Marketing

17. SCM 455 Logistics Systems Analysis and Design

Take Four (Non-Business Support)

1. PUBPL 305 Leadership Studies

2. PSYCH 281: Intro to Industrial Organization Psychology

3. PSYCH 301W Basic Research Methods in Psychology

4. PSYCH 485 Leadership in Work Settings

5. SUST 200 Foundations of Leadership in Sustainability

6. COMM 320 Introduction to Advertising

Sample Job Titles

Business Consultant

Business Development Specialist

Consultant

Entrepreneur

e-commerce Entrepreneur

General Manager

Licensor

Management Analyst

Research & Development Associate

Small Business Manager

Technology Entrepreneur

Urban and Regional Planner

Venture Capitalist

Government and Public Policy

Public policies are laws, regulations, decisions, and actions taken by governmental and non-governmental organizations to address social issues. A career in public policy can take you down many different paths depending upon what issue(s) you are passionate about.  You may find yourself working on global policy issues or domestic/local policy issues. Some examples of policy issues include: agriculture, antitrust regulations, economic development, education, employment, environment, health, human rights, immigration, poverty, public finance and taxation. In general, a variety of organizations need help interpreting policies and advocating for innovation and change. Therefore, students with strong analytic and writing skills are always in high demand.

Recommended Courses:

Take Four (electives in the major)

ECON 315 Labor Economics

ECON 481 Business Forecasting Techniques

ECON 430 Regional Economic Analysis

ECON 442 Managerial Economics

Take Three (Business Support)

1. ECON 351 Money and Banking

2. ECON 460 Sports Economics

3. MGMT 341 Human Resource Management

4. MGMT 441 Advanced Human Resource Management

Take Four (Non-Business Support)

1. PUBPL 305 Leadership Studies

2. PL SC 001 Introduction to American National Government

3. PL SC 003 Introduction to Comparative Politics

4. PL SC 014 International Relations

5. PL SC 177 Politics and Government in Washington DC

6. PL SC 197A Organized Crime, Law, and Politics

7. PL SC 482 American State and Urban Politics

8. PL SC 489 Public Administration

9. WMNST 428 Gender and Politics

10. SOC 005 Social Problems

11. EDTHP 115A Competing Rights: Issues in American Education

12. SUST 200 Foundations of Leadership in Sustainability

13. PSYCH 281: Intro to Industrial Organization Psychology

Students interested in this track may want to consider applying for the Koch Internship Program or the Koch Associate Program.  For more information visit the Koch Institute website or contact Dr. Kerry Adzima at kak38@psu.edu.

Sample Job Titles

Administrative Analyst

Budget Analyst

Community Affairs Advisor

Consultant, Public Sector

Government Relations Advisor

Program Analyst

Policy Coordinator

Program Manager

Public Affairs Specialist

Purchasing Agent

Research Associate

Trade Policy Analyst
 

Law

Business economics emphasizes analytical and problem-solving skills, and trains a person to think through problems in a systematic, logical manner.  These are the very skills needed to succeed in a law career.  Virtually every top law school now has at least one economist on the faculty and several law schools even offer joint Law and Economics Ph.D. programs. Economics majors score at or near the top on the Law School Admission Test (LSAT) and according to a study published in the Journal of Economic Education, lawyers with degrees in economics earned $10,000 more per year than the average lawyer with another degree. 

Legal specialties such as antitrust law and tax law require knowledge of economic models of imperfect competition and methods of quantitative analysis both of which are addressed in a variety of economic courses.

Recommended Courses:

Take Four (electives in the major)

ECON 315 Labor Economics

ECON 442 Managerial Economics

ECON 351 Money and Banking

ECON 481 Business Forecasting Techniques

Take Three (Business Support)

1. ECON 430 Regional Economic Analysis

2. ECON 460 Sports Economics

3. MGMT 420 Negotiation and Conflict Management

4. FIN 496A Financial Ethics

5. ACCTG 310 Federal Taxation I

6. ACCTG 410 Federal Taxation II

Take Four (Non-Business Support)

1. PHIL 103 Introduction to Ethics

2. PL SC 001 Introduction to American National Government

3. PL SC 003 Introduction to Comparative Politics

4. PL SC 014 International Relations

5. PL SC 017 Introduction to Political Theory

6. PL SC 177 Politics and Government in Washington DC

7. PL SC 197A Organized Crime, Law, and Politics

8. PL SC 471 American Constitutional Law

9. PL SC 482 American State and Urban Politics

10. PL SC 487International Law and Organizations

11. WMNST 428 Gender and Politics

Graduate School in Economics

Many graduates of an Economics Ph.D. program pursue research careers at a college or university. Other graduates (including those with a Master’s degree in Economics or an MBA) work for government agencies or private firms after graduation.

Recommended Courses:

*Take MATH 140 Calculus with Analytic Geometry I instead of Math 110

Take all advanced electives in the major (4 required, all recommended)

ECON 315 Labor Economics

ECON 351 Money and Banking

ECON 430 Regional Economic Analysis

ECON 442 Managerial Economics

ECON 460 Sports Economics

ECON 481 Business Forecasting Techniques

Take Three (Business Support) (two of the above Econ courses can fit here)

1. MKTG 342 Marketing Research

2. MIS 336 Database Management Systems

3. MIS 445 Business Intelligence

Take Four (Non-Business Support)

1. MATH 141 Calculus with Analytic Geometry II

2. MATH 211 Intermediate Calculus and Differential Equations with Applications

3. MATH 220 Matrices

4. MATH 250 Ordinary Differential Equations

Other courses that would be useful:

1. STAT 301 Statistical Analysis I

2. STAT 401 Experimental Methods

3. STAT 462 Applied Regression Analysis

4. STAT 480 Introduction to Statistical Program Package

5. CMPSC 200 Programming for Engineers with MATLAB

6. CMPSC 203 Introduction to Spreadsheets and Databases

7. CMPSC 455 Introduction to Numerical Analysis I

Also consider a concurrent major or minor in Mathematics.

 

To the Top