Academic Catalog 2020-2021

Slippery Rock University

Economics, Bachelor of Science in Business Administration (BSBA) - Rock Studies

A student pursuing a bachelor of science in business administration degree can choose to major in economics. Economics studies how markets allocate resources to promote our personal and collective well-being. It helps students develop a framework for understanding how events affect different markets for goods and services and how the aggregate functioning of the markets determine output, employment and prices. Students are also able to evaluate government policies designed to stabilize the economy, redistribute income, regulate industries and foster international trade.

Economics majors are encouraged to join both Omicron Delta Epsilon, an international honor society in economics, and the Economics, Finance and International Business Club. Both sponsor a variety of professional and social activities which allow students to enhance their out-of-classroom experience, develop a sense of professional common bond and group support among themselves and create a network with off-campus professionals.

All majors are encouraged to do an internship in the summer semester between their junior and senior year. Students may seek placements in their individual area of interest. Internships are available in the areas of banking, insurance, financial advising, financial services, and manufacturing and government. In today’s market, employers often offer internships to attract qualified students to their firms.

Economics offers a broader view of the economy than other business related majors. The emphasis is on developing critical thinking and problem solving skills. Graduates are well prepared for careers in the public and private sector and receive an excellent background for furthering their education at graduate or professional schools.

Program Learning Outcomes

  • Communication: Students graduating with a degree in business administration will demonstrate competency in oral and written communication skills.  Students will:
    • Prepare in proper format and style the following documents: business report (one to two pages), business memo, research report and presentation.
    • Deliver an effective oral presentation on a business and/or professional topic.
  • Critical Thinking and Problem Solving: Students graduating with a degree in business administration will demonstrate effective critical thinking and problem solving skills. Students will:
    • Apply critical thinking skills to analyze and interpret financial statements to judge business performance.
    • Apply critical thinking skills using quantitative techniques for problem solving and strategic decision making.
  • Degree Program Writing Competency: Students will create written business and professional documents in appropriate style and format.

  • Ethics: Students graduating with a degree in business administration will have acquired the necessary skills and knowledge to meet professional competencies as business professionals and global citizens.  Students will demonstrate:
    • An understanding of the history and vocabulary unique to business disciplines. 
    • Knowledge of procedures, concepts, and technical business skills through practical application (forecasting, budgeting, financial statement analyses, business plans, strategic planning).  
    • The ability to read and interpret financial statements in the decision-making process.
    • Effective team work and collaborative skills in a simulated business environment.
  • Information Technology: Students will demonstrate proficiency in the use of computers and software to manage information with statistical analysis, spreadsheet, database and other appropriate applications.

  • Professional Proficiency: Students graduating with a degree in business administration will have acquired the necessary skills and knowledge to meet professional competencies as business professionals and global citizens.  Students will demonstrate:
    • An understanding of the history and vocabulary unique to business disciplines. 
    • Knowledge of procedures, concepts, and technical business skills through practical application (forecasting, budgeting, financial statement analyses, business plans, strategic planning).  
    • The ability to read and interpret financial statements in the decision-making process.
    • Effective team work and collaborative skills in a simulated business environment.

Related Links

Economics, BSBA Program Page

Accounting, Economics and Finance Department Page

Professional Licensure/Certification Page

If you are a Liberal Studies student, please click here for your Curriculum Guide.

Curriculum Guide

GPA Requirement

Major GPA: 2.5 or higher
Overall GPA: 2.0 or higher
Core GPA: 2.0 or higher

Summary*

Rock Studies Requirements42-43
Other Basic Requirements0-3
Computer Competency0-3
Major Requirements63
Electives14

* All undergraduate degree programs require a minimum of 120 credits.  Some courses meet multiple requirements, but are only counted once toward the 120 credit total required to graduate.

Rock Studies Requirements

The Rock
SUBJ 139University Seminar 13
ENGL 102Critical Writing3
ENGL 104Critical Reading3
Select one of the following:3-4
Quantitative Reasoning
Introduction to Applied Calculus
Calculus I
Select one of the following:3
Civil Discourse: Theory & Practice
Ethics and Civil Discourse
Civil Discourse and Democracy
Subtotal15-16
Integrated Inquiry
Creative and Aesthetic Inquiry
Select 3 Credits3
Humanities Inquiry
Select 3 Credits3
Social Science Inquiry
ECON 202Principles of Microeconomics3
Natural Sciences Inquiry
SCI 101Science of Life3
Physical Sciences Inquiry
SCI 102Understanding the Physical World3
Subtotal15
Thematic Thread
Select 12 Credits 212
Total Hours42-43

Basic Math Requirement

Check with your adviser or a current degree audit report to see if you have been exempted from this course. The credit earned in this course will not be counted toward the 120 credit hour minimum needed to earn a degree.

Complete one of the following:0-3
Meet required minimum SAT or ACT math score OR
Beginning Algebra
Total Hours0-3

Computer Competency

Demonstrate "computer competency" by one of the following:0-3
Pass Computer Competency Exam OR
Select one of the following at SRU or another post-secondary institution:
Introduction to Computing for Liberal Arts
Computer Concepts
Introduction to Computing and Programming
Technology for Wellness
Total Hours0-3

Major Requirements 

  • 32 major credits must be taken at SRU or PASSHE
  • 32 major credits must be taken at the 300 level or above
Business Administration Core Requirements
ECON 201Principles of Macroeconomics 13
ECON 202Principles of Microeconomics 13
ECON 219Business Analytics I 13
or MGMT 219 Business Analytics I
ECON 319Business Analytics II 13
or MGMT 319 Business Analytics II
ACCT 209Financial Accounting 13
MGMT 320Operations Management I 13
ACCT 322Business Analysis and Decision Making 13
MGMT 351Organizational Behavior 13
MRKT 330Principles of Marketing 13
BUSA 303Issues in Global Business 13
or MRKT 303 Issues in Global Business
FIN 320Managerial Finance 13
BUSA 340Legal Environment of Business 13
MGMT 458Business Capstone 13
MIS 265Management Information Systems 13
Subtotal42
Required Computer Science Course
CPSC 210Productivity Software 13
or MIS 210 Productivity Software
Subtotal3
Required Economic Courses
ECON 301Macroeconomic Analysis 23
ECON 302Microeconomic Analysis 23
ECON 326International Economics 23
Select one of the following:3
Money and Banking 2
Money and Banking
Financial Markets and Institutions 2
Subtotal12
Required Electives
Select any two 300-400 level Economic Course (Excluding Internship): 26
Money and Banking
Money and Banking
Critical Choices in Health Care Policy
Economics of Sustainable Development
Economics of Sustainable Development
Intermediate Statistical Analysis
Intermediate Statistical Analysis
Labor Economics
Experimental
Independent Study
Subtotal6
Total Hours63

Co-curricular and Experiential Learning

Students are encouraged to explore additional curricular and co-curricular opportunities. These opportunities can deepen and enhance the learning in accounting, economics and finance. In addition, there is a strong correlation between long-term student success and engagement in these opportunities:

  1. Internships
  2. Participation in student organizations
  3. International study programs (short-term, semester, and year-long)
  4. High-Impact Practice (HIP) designated classes
  5. student-faculty research
  6. Student leadership development
  7. Service-learning classes
  8. Career education and development

ECONOMICS - BSBA (2316)
This program is effective as of Fall 2019.
Revised 10-2019
UCC 4.9.2019

Important Curriculum Guide Notes

This Curriculum Guide is provided to help SRU students and prospective students better understand their intended major curriculum. Enrolled SRU students should note that the My Rock Audit may place already-earned and/or in progress courses in different, yet valid, curriculum categories. Enrolled SRU students should use the My Rock Audit Report and materials and information provided by their faculty advisers to ensure accurate progress towards degree completion. The information on this guide is current as of the date listed. Students are responsible for curriculum requirements at the time of enrollment at the University.

PASSHE - Pennsylvania State System of Higher Education Institutions

Recommended Rock Studies Four-Year Plan

Plan of Study Grid
First Year
FallHours
ECON 201 Principles of Macroeconomics 3
ENGL 102 Critical Writing 3
CPSC 210
Productivity Software
or Productivity Software
3
SUBJ 139University Seminar 1 3
Creative & Aesthetic Inquiry 3
INDS 101 FYRST Seminar 1
 Hours16
Spring
ECON 202 Principles of Microeconomics 3
ENGL 104 Critical Reading 3
Select one of the following: 3-4
Quantitative Reasoning  
Introduction to Applied Calculus  
Calculus I  
SCI 101
Science of Life
or Understanding the Physical World
3
Humanities Inquiry 3
 Hours15-16
Second Year
Fall
ECON 219
Business Analytics I
or Business Analytics I
3
ACCT 209 Financial Accounting 3
Select one of the following: 3
Civil Discourse: Theory & Practice  
Ethics and Civil Discourse  
Civil Discourse and Democracy  
SCI 101
Science of Life
or Understanding the Physical World
3
MIS 265 Management Information Systems 3
Declare a Thematic Thread 2  
 Hours15
Spring
ECON 301 Macroeconomic Analysis 3
ECON 319
Business Analytics II
or Business Analytics II
3
BUSA 303
Issues in Global Business
or Issues in Global Business
3
MGMT 351 Organizational Behavior 3
Thematic Thread Requirement 3
 Hours15
Third Year
Fall
ECON 302 Microeconomic Analysis 3
ECON 326 International Economics 3
FIN 320 Managerial Finance 3
MGMT 320 Operations Management I 3
Thematic Thread Requirement 3
 Hours15
Spring
Select one of the following: 3
Money and Banking
or Money and Banking
 
Financial Markets and Institutions  
ECON elective 3
ACCT 322 Business Analysis and Decision Making 3
MRKT 330 Principles of Marketing 3
Thematic Thread Requirement 3
 Hours15
Fourth Year
Fall
ECON elective 3
BUSA 340 Legal Environment of Business 3
FIN 326 Intermediate Corporate Finance (suggested free elective) 3
Finance elective (suggested free elective) 3
Thematic Thread Requirement 3
 Hours15
Spring
MGMT 458 Business Capstone 3
FIN 321 Investments (suggested free elective) 3
FIN 427 International Financial Management (suggested free elective) 3
Free elective 3
Free elective 2-3
 Hours14-15
 Total Hours**120-122

Major Code: 2316
Revised: 10-2019

** This document is meant to serve as a guide. Some planners may show more than 120 credits because faculty have created flexibility in choosing courses.  However, only 120 credits are required to obtain a degree. Please consult with your academic adviser and refer to your curriculum guide prior to registering for courses. This plan should be reviewed, and verified, by you and your academic adviser at least once each academic year.