Business Economics (BS)

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Departmental Admission Requirements

New Students and Transfer Students
 

Admission to the College of Business ensures admission to the BS in Economics.

Current Students - Admission in Good Standing

Students must have both:

  1. Earned a 2.8 cumulative GPA (students with an established UofL GPA may not include grades for coursework at another institution in consideration for admission); and
  2. Completion of MATH 111 College Algebra - QR (or equivalent) or completion of MATH 180 Elements of Calculus - QR.

General Education Requirements

General Education Requirements 131
The following courses are required by the program and can satisfy the respective General Education Requirement.
Elements of Calculus
Calculus I
Principles of Microeconomics
Principles of Macroeconomics

All degrees require the completion of the University-wide General Education Program (link provided above).  Some General Education requirements may be met in the requirements for the major or supporting coursework, in which case additional electives may be required to complete the minimum hours for the degree.

College/School Requirements

College of Business Requirements
CAMP 100Campus Culture/Business Students1
MATH 205Calculus I 2,33-4
or MATH 180 Elements of Calculus
Select one of the following Ethics courses: 3
Contemporary Moral Problems
Business Ethics
Ethics
Medical Ethics
BUS 301Business Communication3
BUS 201Career Development1
ACCT 201
ACCT 202
Principles of Financial Accounting
Principles of Managerial Accounting
6
ECON 201
ECON 202
Principles of Microeconomics
Principles of Macroeconomics 4
6
BSTA 201Business Statistics 53
CIS 205Information Systems in Organizations3
CIS 305Data Analysis for Decision-Making3
General Electives 66
Minimum Total Hours38

Total of 38 includes 3 credit hours of ECON and 3 credit hours of MATH that are also counted in the 31 General Education hours above.

Program/Major Requirements

Economics Breadth
ECON 301Intermediate Microeconomics3
ECON 302Intermediate Macroeconomics3
ECON 475Senior Economics Seminar 3
Minimum Total Hours9
Supporting Courses
Electives in Economics 715
Electives in Business or Economics15
Arts and Sciences Electives 218
Minimum Total Hours48

All course prerequisites must be followed.

Transfer students must take a minimum of 12 credit hours in the major within the College of Business.

Six hours of cultural diversity courses are required and may be incorporated within the degree program.

Culminating Undergraduate Experience (Graduation requirement)
Requirement fulfilled by completing:
Senior Economics Seminar
1

College/School Requirements include six hours of the General Education (3 hours Quantitative Reasoning and 3 hours Social & Behavioral Sciences).  General Education Oral Communication courses (COMM 111, COMM 112 or HON 214) are not program requirements, but are required as prerequisite for BUS 301.

2

MATH 205 or MATH 180 must be taken as a required math course for all Economic majors. Their prerequisite(s) may be used as Arts and Sciences elective(s).

3

Completes Quantitative Reasoning General Education.

4

Completes 3 hours of Social & Behavioral Sciences.

5

The following also will meet the statistics requirement:  MATH 109, PSYC 301, SOC 301, CJ 326

6

Students who satisfy General Education Requirements by courses defined by the program may require additional electives to complete the minimum hours for the degree.

7

Either FIN 301 or PPE 300 may be taken as 3 hours of ECON electives.

Flight Plan

Plan of Study Grid
Year 1
FallHours
CAMP 100 Campus Culture/Business Students 1
ECON 201 Principles of Microeconomics 3
ENGL 101 Introduction to College Writing 3
General Education: Cardinal Core Arts & Humanities US Diversity - AHD1 3
General Education: Cardinal Core Natural Science - S 3
General Education: Cardinal Core Natural Science Lab - SL 1
 Hours14
Spring
ENGL 102 Intermediate College Writing 3
MATH 205
Calculus I
or Elements of Calculus
3-4
ECON 202 Principles of Macroeconomics 3
General Education: Cardinal Core Oral Communication - OC 3
General Education: Cardinal Core Natural Science - S 3
 Hours15
Year 2
Fall
BUS 201 Career Development 1
CIS 205 Information Systems in Organizations 3
ACCT 201 Principles of Financial Accounting 3
ECON 301 Intermediate Microeconomics 3
CIS 305 Data Analysis for Decision-Making 3
Select one of the following: 3
Business Statistics
Introduction to Social Statistics
Introduction to Social Statistics
Statistics for Psychology
Introduction to Social Statistics
 Hours16
Spring
ECON 302 Intermediate Macroeconomics 3
ACCT 202 Principles of Managerial Accounting 3
BUS 301 Business Communication 3
General Education: Cardinal Core Arts & Humanities - AH 3
Select one of the following: 3
Contemporary Moral Problems
Business Ethics
Ethics
Medical Ethics
 Hours15
Year 3
Fall
HIST 101
History of Civilizations I
or History of Civilizations II
3
Economics Elective 3
General Elective 3
General Elective 3
General Elective 3
 Hours15
Spring
Economics Elective 3
Business/Economics Elective 3
Business/Economics Elective 3
General Elective 3
General Elective 3
 Hours15
Year 4
Fall
Economics Elective 3
Economics Elective 3
Business/Economics Elective 3
General Elective 3
General Elective 3
 Hours15
Spring
ECON 475 Senior Economics Seminar 3
Economics Elective 3
Business/Economics Elective 3
Business/Economics Elective 3
General Elective 3
 Hours15
 Minimum Total Hours120

Degree Audit Report
Degree Audit reports illustrate how your completed courses fulfill the requirements of your academic plan.  What-if reports allow you to compare the courses you have completed in your current academic plan to the courses required in another academic plan.  Should you have questions about either report, please consult with your academic advisor.

To create either report:

  1. Log into your ULink account.
  2. Click on the Academic Progress tile.
  3. Next, click on "View my Degree Audit" to run a Degree Audit report in the Undergraduate Advising area. 
  4. To create a What-if report, click on "Create a What-if Advisement Report."

Click here to run a Degree Audit report, or create a What-if report.

Flight Planner
Based on your major, the Flight Planner tool may be available for you to create a personalized Flight Plan.  The Flight Planner can be found in the ULink Student Center.  Consult with your advisor for assistance with the Flight Planner.