Learn How to Support Business Strategies with Economic Analysis
The bachelor's in business economics program at UAlbany gives you substantial knowledge of economics relevant for careers in business. You'll examine relationships between business practice, public sector resource allocation, market structures, international trade, interest rates, employment and wages, production costs, pricing, and more.
With this program you will gain the necessary economics skills, such as forecasting in various markets and analyzing data to prepare you for business decision-making in a complex economy.
Student Learning Objectives
Learning objectives that UAlbany students are expected to attain through their course of study within their academic program.
Bachelor of Science
- Understand the economic issues and problems faced by individuals, organizations and society; the economic principles that help explain behavior; the operation of markets; the gains from trade; and the range of institutions that affect the allocation of resources.
- Be able to apply methods of economic analysis (such as supply and demand, equilibrium, constrained optimization and dynamic analysis) to decision-making, behavior and economic outcomes.
- Have the ability to apply statistical methods in the empirical analysis of business and economic data and models.
- Be able to communicate economic analysis and empirical conclusions in the discussion of business decisions, social phenomena and public policy.
- Students will be able to show comprehension of three to five key concepts from Marketing, Organizational Behavior, Finance, Accounting, Law, and IT Management.
- Develop understanding of economic issues and methods of analysis in specific fields of economic study relevant to the operation of business including money and banking, industrial organization and finance as well as other fields such as labor, international trade and finance, public finance, health and the environment.