2026-2027 Academic DRAFT Catalog

Jan 27, 2026

2026-2027 Academic DRAFT Catalog [ARCHIVED CATALOG]

Business Economics, BSB (BUSECON-BSB)

CIP Code: 520601

Program Description

“Economics” comes from the Greek oikos, meaning “house,” and nemein, meaning “to manage.” Economics is the social science that studies how people manage their resources. In modern economics this includes an individual deciding how to use their time; a family managing its budget; a small business controlling its costs; a cultural organization planning its priorities; a city balancing a tight budget with demands for services; a large company working to control the cost of health insurance for its employees; a national government fighting unemployment, poverty, or inflation; and the world community reducing air emissions of mercury and climate-altering greenhouse gases.

The economics program equips students to pursue careers in business and government and prepares them for graduate study in economics, business, or law. Our graduates have achieved success as executives in a wide variety of industries and are employed as professional economists in such diverse areas as urban economics, workforce and training analysis, business forecasting, school finance consulting, evaluation of health and delivery systems, budget analysis, market consulting, government planning, banking, and statistical analysis. Some of our graduates continue their education in our master’s program in social and applied economics. The program outlined here is designed to give our students both the background that will broaden their future options and the specific skills necessary to apply economic ideas. This includes the ability to express economic ideas clearly and concisely.

Departmental faculty advisors are available to all students who need advice about formulating and reaching career goals, as well as making decisions about elective courses.

Program Accreditation

The Raj Soin College of Business is fully accredited at both the undergraduate and graduate level by the Association to Advance Collegiate Schools of Business (AACSB) International, the highest accrediting body for business colleges in the world. Wright State University was the first university in the region to be accredited by AACSB International. Less than five percent of business programs in the world achieve this standard of excellence. This means that our faculty, curriculum, and all other educational resources are thoroughly and professionally evaluated by an independent board of educators and have been found to be of exceptional quality. As an added distinction, the Department of Accountancy’s program is separately accredited by AACSB International. The Raj Soin College of Business faculty and staff are committed to exceeding the standards advanced by the AACSB.

Here’s a quick profile of AACSB-accredited business programs.

There are 1053 business institutions that have earned AACSB Accreditation, 554 of which are in the United States.

There are 279 AACSB accredited schools that have both business and accounting accreditation, 195 of which are in the United States.

To learn more about the value of AACSB accreditation, visit the Best Business Schools website. See a list of AACSB accredited schools.

Program Admission Requirements

Students will be admitted to this major once they have earned:

30 or more semester credit hours

a cumulative GPA of at least 2.50. Cumulative GPA includes all college-level work attempted at Wright State and any other higher education institutions.

Program Learning Objectives

Program Learning Outcomes

Combined Undergraduate and Graduate Program

This program offers a combined-degree program with a master’s degree in Social and Applied Economics. A combined-degree program provides an opportunity for an undergraduate student to begin working toward a master’s degree in their senior year. This allows students to complete the bachelor’s and master’s degrees in less combined time than it would take to complete them sequentially.

Students enrolled in this combined-degree program may “double count” a maximum of six credit hours of graduate-level courses to satisfy both the bachelor’s and the master’s degree requirements. Students must earn at least 141 unique credit hours (any credits that “double-count” toward both degrees are counted only once toward the total number of unique hours) in the combined-degree program.

To participate in a combined-degree program, students must apply through the College of Graduate Programs and Honors Studies and meet all admission qualifications. Learn more about combined programs in Policy 5330.

For More Information

Program Requirements

I. Wright State Core: 36 Credit Hours

As a part of the requirements for a bachelor’s degree at Wright State University, all students must complete the Wright State Core, a general education curriculum. Most programs require 36 hours in the Core, some programs may require additional hours.

Specific Core classes in some of the Elements may be required by some majors. When this occurs, the specific Core courses required will be listed below. In Elements where a specific course is not required, students can choose any course from the Wright State Core Program Requirements.

US Civic Literacy: 3 Credit Hours

All students must successfully complete the US Civic Literacy class during their first year.

UVC 1025 - US Civic Literacy Credit Hour(s): 3

Element A - English Composition: 6 Credit Hours

First-Year Writing Course (3 credit hours)

All students must successfully complete ENG 1100.  Based on Writing Placement level, some students may be required to enroll in a corequisite course (DEV 0100). 
ENG 1100 - Academic Writing and Reading Credit Hour(s): 3
Second-Year Writing Course (3 credit hours)
ENG 2100 - Research Writing and Argumentation Credit Hour(s): 3

Element B - Mathematics, Statistics, and Logic: 4 Credit Hours

Students will select one course from the list below. Based on Math Placement Level, students may need additional prerequisite or corequisite coursework in mathematics prior to enrollment in the required course chosen below.

Required:

EC 1050 - Elementary Mathematical Economic and Business Models and Methods Credit Hour(s): 4 OR
MTH 2280 - Business Calculus Credit Hour(s): 4

Element C - Arts and Humanities: 6 Credit Hours

Students will select two Arts and Humanities courses, with different course prefixes from the approved Wright State Core Program Requirements. One course must fulfill the History requirement.

History Requirement

Choose 1 course from the list below:
HST 1100 - Western Civilizations to 1500 Credit Hour(s): 3 (GI)
HST 1200 - The West and the World since 1500 Credit Hour(s): 3 (GI)
HST 1500 - Introduction to Greek and Roman Culture Credit Hour(s): 3 (GI)
Arts and Humanities Course (3 credit hours)

Choose an additional Arts and Humanities course (a different prefix from what is chosen above) from the approved Wright State Core Program Requirements.

Element D - Social and Behavioral Sciences: 6 Credit Hours

Students will select two Social and Behavioral Sciences courses, with different course prefixes from the approved Wright State Core Program Requirements.

Required:

EC 2040 - Principles of Microeconomics Credit Hour(s): 3
FIN 2050 - Personal Financial Decision Making Credit Hour(s): 3

Element E - Natural Sciences: 7 Credit Hours

Students will select two Natural Science courses, from the approved Wright State Core Program Requirements. At least one course must contain a laboratory.

Additional Core Courses: 4 Credit Hours

Students will select up to 4 additional credit hours from Elements A-E from the approved Wright State Core Program Requirements to reach the 36 minimum hours required in the Core. Unless specified by the student’s major, these are selected by the student. When a major has required courses in this area, the specific Core course(s) required will be listed below.

Required:

EC 2050 - Principles of Macroeconomics Credit Hour(s): 3
Additional coursework to reach the minimum of 36 credit hours required

Additional Core Requirements

Within the 36 credit hours of the Wright State Core students must successfully complete the following:

One Global Inquiry (GI) course

One to two Integrated Writing (IW) courses. To meet degree requirements all students must complete a minimum of 3 IW courses by choosing either (a) 1 in the Core and 2 in the major or (b) 2 in the Core and 1 in the major. Students should check their major program requirements for courses that fulfill Integrated Writing.

Students who do not make choices within the 36 required hours of the Core to fulfill the GI and IW requirements will take additional Core hours beyond the minimum of 36.

II. Business Core Requirements: 42 Credit Hours

Courses that may be taken prior to admission to RSCOB: 18 Credit Hours

ACC 2010 - Accounting Principles I Credit Hour(s): 3
ACC 2020 - Accounting Principles II Credit Hour(s): 3
FIN 2210 - Financial Management I Credit Hour(s): 3
MKT 2500 - Principles of Marketing Credit Hour(s): 3
MS 2040 - Introduction to Business Statistics Credit Hour(s): 3
MS 2050 - Quantitative Business Modeling Credit Hour(s): 3

Courses that require admission to RSCOB: 24 Credit Hours

EC 3010 - Economics of Global Money Markets Credit Hour(s): 3
ENG 3000 - Business Writing Credit Hour(s): 3
LAW 3000 - Legal Environment of Business Credit Hour(s): 3
MGT 3100 - Management and Organizational Behavior Credit Hour(s): 3
MGT 3110 - Business Ethics and Leadership Development Credit Hour(s): 3 (IW)
MGT 4990 - Strategy: Domestic & International Perspectives Credit Hour(s): 3
MIS 3000 - Fundamentals of Information Systems Credit Hour(s): 3
SCM 3070 - Operations and Supply Chain Management Credit Hour(s): 3

III. Business Economics Major Requirements: 27 Credit Hours

EC 3150 - Intermediate Microeconomics Credit Hour(s): 3
EC 3170 - Intermediate Macroeconomics Credit Hour(s): 3 (IW)
EC 3190 - Institutional Economics Credit Hour(s): 3 (IW)
EC 4090 - Introduction to Econometrics Credit Hour(s): 3
EC Electives Credit Hour(s): 15

IV. General Electives: 15 Credit Hours

Students must earn a minimum of 120 credit hours for a baccalaureate degree. If the total number of credit hours in the WSU Core (general education program) and the major requirements do not total at least 120 credits, students will choose additional courses (general electives) to meet the minimum required 120 credit hours. Students may choose from any undergraduate course in the Academic Catalog for which they meet the course prerequisites and for which they do not already have earned credit.

Total: 120 Credit Hours

Graduation Planning Strategy

A Graduation Planning Strategy (GPS), also known as a four-year guide, is an academic tool showing one example of how a program can be completed in a certain amount of time. All Wright State undergraduate majors can be completed in four years with careful planning. Some programs may require summer coursework. Time to degree is dependent on many factors including student placement in mathematics and writing courses, CCP and AP coursework, transfer coursework, and other variables.

These guides are valid for this year’s Academic Catalog only and are subject to change. These guides are a recommendation only and your actual program may vary. Students should consult with their academic advisor on a regular basis and create a personalized plan to degree completion.