Combine ground-level business savvy with an understanding of the economy from 30,000
feet.
Grads of UND's Business Economics program are adept at both the day-to-day tasks of
operating a business and knowing how real-world economic conditions are likely to
affect it. By blending economics with entrepreneurship, you'll have the skills to
gather and analyze data as you solve real-world problems affecting companies, governments
and non-profit organizations.
Data, and knowing how to analyze it, is a critical part of economics. In the world
of business, though, analysis goes only so far — you need to be as adept at finding
solutions as identifying issues. The Business Economics program integrates economics
with courses in marketing, management, accounting, finance and quantitative analysis.
And you'll have the chance to gain hands-on experience through internships, our student-run
investment fund and the chance to participate in research at our Bureau of Business
& Economic Research. By the time you graduate, you'll have built a foundation that
will help you make sensible policy recommendations whether you work in business or
government.
This program is accredited by AACSB International, the Association to Advance Collegiate Schools of Business. Accreditation by AACSB
International puts the Nistler CoBPA in the top 5% of business schools in the world.
Business Economics at UND
Economics majors are primed to excel at the next level. On average, they score higher
than any other business major on LSAT scores and other professional and graduate exams.
Hear leading economists discuss insights on emerging issues at the annual Korus Seminar
Series in Economics & Finance.
Network and meet other influencers when you participate in any of our 25 student-run
professional clubs and organizations.
Careers in Business Economics
97%
Nistler CoBPA grads who are in jobs or pursuing further education
Graduates of UND's Business Economics program are sought after by some of the nation's
leading accounting, investment and banking firms. Possible career paths include:
Economic analyst
Economic/business consultant
Financial analyst
Forecaster
Market research analyst
Policy analyst/consultant
Skill You'll Earn in Business Economics
A Business Economics degree gives you the strategic skills you need, including:
Accounting
Economics
Strategic Planning
Business Analysis
Financial Analysis
Financial Statements
Where Business Economics Alumni Work
Business Economics alumni have gone on to a variety of successful careers with:
Ameriprise Financial Services, Inc.
Wells Fargo & Company
ADI Builders, LLC
Aafedt, Forde, Gray & Monson
Alarm.com, Inc.
Alerus Financial Corporation
Economics Courses You Could Take
ECON 380. Global Economic Development. 3 Credits.
This course focuses on economic development issues at the global level. It covers both developing countries in the conventional sense and economies in transition from socialism to a market economy. In this context development is broadly defined as the transition from one stage of development to another. Selected topics common among these countries (such as determinants of growth, modernization, technology, price liberalization, privatization, macro stabilization, trade policies, legal structure, organized crime, inequality, poverty, human capital, and global sustainability) are discussed to better understand the forces that shape the wealth and well being of nations and people in the world around us. Prerequisites: ECON 201 and ECON 202. On demand.
ECON 341. Labor Economics and Labor Relations. 3 Credits.
A survey of the nature and causes of the economic problems of the American wage and salary earner and of the attempts of wage earners and society, through organizations and legislation, to alleviate these problems. The course comparatively surveys the history and systematic theories of labor movements and the market and institutional influences on wages and employment. Particular emphasis will be placed on the law of industrial relations, employment and income access, and the adjustment of labor disputes. Prerequisites: ECON 201 and ECON 202. F.
ECON 303. Money and Banking. 3 Credits.
Nature of our current Monetary system; functional analysis of commercial bank operations; limits to credit expansion; alternative theories of the value of money; monetary and fiscal policies for control of the business cycle; powers of the Federal Reserve System and the Treasury; mechanics of international payment; balance-of-payments and other problems. Prerequisites: ECON 201 and ECON 202. F,S.
ECON 324. Public Finance. 3 Credits.
Growth and effects of the public sector of the economy emphasizing effects of taxation and spending or borrowing and debt management on efficiency and use of economic resources. Prerequisites: ECON 201 and ECON 202.
ECON 410. Empirical Methods in Economics I. 3 Credits.
This course is an introduction to econometrics, the joint area of economics and statistics dealing with the application of statistics to economic problems. The course objectives are to acquire a basic understanding of the theory and methods of econometrics and to gain practical experience in utilizing these methods. The students will use the tools developed in the course in homework and written assignments so that they can develop an insight to theory and its application. Prerequisites: ECON 201, ECON 202 and ECON 210. F.
ECON 414. Managerial Economics. 3 Credits.
A synthesis relating economic theory, statistics, and mathematics to pricing, output, and resource allocation decisions by business firms. Prerequisites: ECON 210 and ECON 308; MATH 146 or equivalent; ISBC 117 or equivalent. S.
Ready to Lead
In the classroom or in the field, UND business students are ready to change the world.
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