Business Degrees

USAO's business degrees combine the practical procedure of the discipline with the people-oriented aspect of the liberal arts. Business students here find an emphasis on such areas as effective evaluation of factual information, working efficiently with others, the promotion of moral and ethical values within the business community, and sound and creative decision making.

The Bachelor of Science degree is offered in Accounting, Business Administration, Economics, and Management. In addition, Teacher Certification is offered in Business Administration.

As an alternative to the B.S. degree, students may pursue a short course in business to prepare for office positions. USAO offers a One-Year Certificate Program (40 credit hours) and a Two-Year Certificate program (64 credit hours). The training is designed to enable students to become general office workers, typists, stenographers, secretaries, and bookkeepers. After completing the certificate requirements, students may transfer to a degree program. All degree requirements must be satisfied.

All students in any of the four business degree programs are required to take the following core:

Business majors cannot declare a minor in any business area.

Bachelor of Science in Economics

Required Business Core (24 hours), plus
Required Business Electives (18 hours):

Course	Title	Hours Required
ECON 3113	Intermediate Microeconomic Theory	3
ECON 3133	Intermediate Macroeconomic Theory	3

  + 12 hours of economics electives (3000- and 4000- level) selected in consultation with advisor.

Minor in Economics

18 hours to be selected with the approval of the discipline chair; minor not available for business majors.

COURSE LISTINGS in ECONOMICS

1003 ECONOMICS IN LIFE
Basic features of economy, general business activity, policies for growth and stability, personal finance, and significant current events. 3 hours.  

2113 PRINCIPLES OF MACROECONOMICS
Introduction to theory of income and employment, money and banking, fiscal policy, and economic growth. 3 hours.

2123 PRINCIPLES OF MICROECONOMICS
Introduction to theory of price, price and output determination in different market situations, and public policy toward business. 3 hours.

2880 SPECIAL TOPICS
Special topics in economics. 1-4 hours (may be repeated for total of 6 hours).

2900 WORKSHOP
Guided study in economics under faculty supervision; various topics and methods of instruction. 1-4 hours (may be repeated for total of 6 hours with change in title and topic).

2990 TUTORIAL
Independent study in economics under faculty supervision. 1-4 hours (may be repeated for total of 9 hours with change in title and content).

3113 INTERMEDIATE MICROECONOMICS THEORY
Principles of demand, supply, production, and costs; price and output determination in different market situations. 3 hours. Prerequisites: ECON 2123.

3133 INTERMEDIATE MACROECONOMIC THEORY
Measurement and analysis of determination of national income and employment; general price level; stabilization and growth. 3 hours. Prerequisites: ECON 2113.

3313 MONEY AND BANKING
Essentials of commercial and central banking; monetary theory and policy. 3 hours. Prerequisites: ECON 2113 and ECON 2123.

3443 COMPARATIVE ECONOMIC SYSTEMS
Comparative study of different economic systems proposed or used to deal with economic organization of society. 3 hours.

3653 HISTORY OF ECONOMIC THOUGHT
Economic theory since Smith, including theories and doctrines of Smith, Marx, Veblen, Keynes, and others. 3 hours.

3773 INTERNATIONAL ECONOMICS AND FINANCE
Basis of trade, foreign exchange, foreign investments, and world economic growth. 3 hours. Prerequisites: ECON 2113 and ECON 2123.

3783 PUBLIC FINANCE 
Fiscal theory and policy; incidence of taxation. 3 hours. Prerequisites: ECON 2113 and ECON 2123.

3893 GOVERNMENT AND BUSINESS
Factors determining industrial organization and economic behavior; operation of antitrust laws; public regulation of business. 3 hours. Prerequisites: ECON 2113 and ECON 2123.

4880 SPECIAL TOPICS
Special topics in economics. 1-4 hours (may be repeated for total of 6 hours).

4893 SENIOR SEMINAR IN ECONOMICS ANALYSIS
Selected topics in economics depending upon instructor and interest of students. 3 hours (may also be taken as independent study). Prerequisites: Senior standing and permission of instructor.

4900 WORKSHOP
Related topics and problems in economics. 1-6 hours (may be repeated for total of 9 hours with change in title and content).

4990 TUTORIAL
Independent study in economics under faculty supervision. 1-4 hours (may be repeated for a total of 9 hours with change in title and content).