Applied Economics Specialization

The Applied Economics specialization is available to undergraduates in the Bachelor of Science in Business Administration program at Stuart School of Business.

This specialization provides students with comprehensive scientific, mathematical, and applied skill sets required for testing and applying economic models within real-world settings. It also prepares students with critical thinking skills for evaluating and improving methods that investigate economic components that influence individual, system, and societal-level variables.

The variety of elective courses in the Applied Economics specialization allows students the flexibility to customize it for their academic interests and career goals. Knowledge of economics is an excellent preparation for the private, public, and nonprofit sector job markets. Economics is one of the 20 most profitable college majors according to, and the opportunities for wage growth are high, particularly with further education.


The Applied Economics specialization requires a minimum of six courses.

Note: PSYC 203 replaces BUS 221 in the Business core requirements.

Required courses:

  • BUS 382—Business Economics
  • BUS 452—International Finance
  • PSYC 203—Undergraduate Statistics for the Behavioral Sciences

Choose three courses from the following:

  • MATH 332—Elementary Linear Algebra
  • MATH 425—Statistical Methods
  • PS 360—Global Political Economy
  • PSYC 320—Applied Correlation and Regression
  • MBA 505—Microeconomics and Game Theory
  • PA 580—Policy Evaluation Analytics