Bachelor of Science in Economic Sciences - Business Economics

The business economics option trains students to use economic concepts to better understand the management, marketing, and finance problems faced by businesses operating in a market system.Economics studies the allocation of resources between competing and alternative uses. Students gain an understanding of consumer and firm-level decision making and how the economic system functions and can be influenced. It is both a rigorous and flexible program of study that provides analytical tools and aids in the student’s development of problem-solving skills for economic analysis, while allowing individuals the opportunity to explore specific areas of interest in various fields of economics. Majors study macroeconomics, which addresses issues such as the level of output and prices, inflation, and unemployment within the economy; microeconomics, which pertains to how consumers make purchase decisions and utilize their time as well as how firms make decisions on what to produce and who to employ; and econometrics, which provides the technical tools to estimate economic models from data and to forecast economic outcomes. Application areas include such topics as health care, sports, tax policy, financial markets, international marketing and trade, and natural resources.

To be considered for admission to Washington State University as a first-year student, a student needs to complete at least 12 years of school, culminating in an appropriate secondary certificate or external examination. (We may consider the first year or two of university in some countries to be secondary level.)Schooling should include preparation in humanities, mathematics, basic sciences, and social sciences.WSU requires a minimum grade point average of 2.70 (on a 4.00 scale) for admission as an international first-year student