Major in Business Administration - Economics

Students in the Economics Track complete the major in Business Administration and 21 units of Economics requirements. Students will not be allowed to take majors only courses until they have successfully completed all of the PBUA courses and been admitted to the BUAD major. 

This is a screened program. Please see the admission requirements for additional information.

Requirements for all Business Administration Majors

Courses Required for Admission to Major
ACCT 201PRINCIPLES OF FINANCIAL ACCOUNTING3
or ACCT 211 HONORS ACCOUNTING PRINCIPLES I
ECON 201MICROECONOMIC PRINCIPLES3
or ECON 203 HONORS MICROECONOMIC PRINCIPLES
ECON 202MACROECONOMIC PRINCIPLES3
or ECON 204 HONORS MACROECONOMIC PRINCIPLES
LEGL 225LEGAL ENVIRONMENT OF BUSINESS3
MATH 211CALCULUS FOR APPLICATIONS3
or MATH 273 CALCULUS I
Select one of the following:3
STATISTICS FOR BUSINESS AND ECONOMICS I
BASIC STATISTICS
HONORS BASIC STATISTICS
Admission to the BUAD major requires an average GPA of 2.7 or higher in the six courses required for admission. A grade of C or higher is required in each individual course.
Required Business Courses (open to Pre-BUAD majors)
ACCT 202PRINCIPLES OF MANAGERIAL ACCOUNTING3
or ACCT 212 HONORS ACCOUNTNG PRINCIPLES II
BUSX 301BUSINESS COMMUNICATIONS4
EBTM 250PROBLEM SOLVING IN BUSINESS I1
EBTM 251PROBLEM SOLVING IN BUSINESS II1
EBTM 337ENTERPRISE INFORMATION SYSTEMS3
FIN 331PRINCIPLES OF FINANCIAL MANAGEMENT3
MKTG 341PRINCIPLES OF MARKETING3
MNGT 361LEADERSHIP AND MANAGEMENT3
Required Business Courses (open to BUAD majors only)
BUSX 460PROFESSIONAL EXPERIENCE3
EBTM 350BUSINESS ANALYTICS3
EBTM 365PRINCIPLES OF OPERATIONS MANAGEMENT3
MNGT 481STRATEGIC MANAGEMENT (must be taken at TU)3
BUAD majors must also complete an approved concentration or track21-24
Total Units72-75

Economics Track Requirements 

Economics Track Required Courses
ECON 306STATISTICS FOR BUSINESS AND ECONOMICS II3
ECON 309INTERMEDIATE PRICE THEORY3
ECON 310MACROECONOMIC THEORY3
ECON 313MONEY AND BANKING3
ECON xxxUpper-Level Electives 19
Total Units21
1

 ECON 497 cannot count as an elective.

Suggested Four-Year Plan

Based on course availability and student needs and preferences, the selected sequences will probably vary from those presented below. Students should consult with their adviser to make the most appropriate elective choices.

Freshman
Term 1UnitsTerm 2Units
ECON 201 or 203 (Core 6)3ECON 202 or 2043
Prerequisite for MATH 211 or MATH 273 (Core 3)3MATH 211 (may substitute MATH 273)3
Core 1 (or Core 2)3Core 2 (or Core 1)3
Core 43Core 103
Core 53Core 113
 15 15
Sophomore
Term 1UnitsTerm 2Units
ACCT 201 or 2113ACCT 202 or 2123
ECON 205 or MATH 2313EBTM 2501
LEGL 2253EBTM 2511
Core 74Core 83-4
Core 133Core 123
 Elective3
 16 14-15
Junior
Term 1UnitsTerm 2Units
BUSX 301 (Core 9)4EBTM 3373
ECON 3093EBTM 3503
FIN 3313ECON 3103
MKTG 3413ECON 3133
MNGT 3613Elective3
 16 15
Senior
Term 1UnitsTerm 2Units
EBTM 3653BUSX 4603
ECON Elective 13ECON Elective 33
ECON Elective 23ECON Elective 43
MNGT 482 (Recommended Core 14)3MNGT 4813
Elective3Elective 3
 15 15
Total Units 121-122

Profile of a CBE Graduate

As a premier school of applied business learning, the College of Business and Economics prepares its graduates to achieve excellence in their professional careers. Rigorous academic studies and hands-on business experience—all subject to strict measures of performance— work in combination to develop the foundation for success, connect students with the professional community and transform students who will have a positive impact in and beyond Maryland.

Graduates of Towson University’s College of Business and Economics will:

Apply Business Knowledge in the Context of Professional Employment

  • Demonstrate knowledge of business concepts and theories
  • Successfully complete a quality, mentored, reflective professional experience in preparation for future employment

Communicate Properly and Effectively

  • Write professional documents that provide audience-centric content, rhetorically appropriate organization and follow accepted conventions of design, style, grammar, punctuation and mechanics
  • Make articulate and persuasive oral presentations

Apply Critical Thinking and Problem-Solving Skills to Organizational Decision Making

  • Conduct internal and external analyses of domestic and global organizations, formulate strategies and identify issues with implementing these strategies
  • Practice creative ideation
  • Develop comprehensive, justified conclusions that result from systematic application of relevant information and decision criteria to decision alternatives within a realistic organizational decision context

Use Technology Effectively in Business Settings

  • Demonstrate competency in the use of analytical software
  • Utilize state-of-the-practice software for business applications

Work Effectively Toward Achieving Common Goals within Diverse Teams

  • Guide teams, as leaders and followers, to achieve team goals while maintaining group cohesion, follower satisfaction and efficient operations
  • Treat others with respect and show sensitivity to their views, values, cultures and customs

Distinguish Between Ethical and Unethical Conduct in the Professional Lives

  • Explain how ethical conduct of managers affects individuals’ motivation and organizations’ performance
  • Apply ethics in business decision-making, considering the impact of ethical conduct on multiple stakeholders