Armstrong to Launch New B.S. in Business Economics in Fall 2014
Starting this fall, Armstrong students will have the opportunity to earn a B.S. in Business Economics, expanding on one of the university’s most popular degree tracks.
Offered through the College of Liberal Arts, the new degree program serves as an extension of the university’s longstanding Economics degree. The B.S. in Business Economics builds on Armstrong’s liberal arts roots, emphasizing strong communications skills, ethics and teamwork.
“Armstrong’s B.S. in Business Economics will offer an exciting new opportunity to students who are interested in studying economics and business in a holistic context,” said Laura Barrett, dean of Armstrong’s College of Liberal Arts. “This degree combines business fundamentals with sought-after communications and leadership skills.”
Business economics is a specialized area of study that uses economic analysis to make strategic business and management decisions. Armstrong’s Business Economics degree will provide a foundation in economics, preparing students for employment in the public sector, the private sector or graduate study in business, finance or law.
“The demand for a Business Economics degree at Armstrong is quite strong,” said Economics professor and department head Yassaman Saadatmand. “Our Business Economics track has been extremely successful, so it made sense to expand the track to a full undergraduate degree program.”
Armstrong’s business economics courses offerings include Money and Banking, Managerial Economics, Finance, International Trade, Economics of Health, Econometrics and Marketing and Management.
Economics majors at Armstrong receive a sound theoretical foundation in economic theory and economic statistics, as well as exposure to applied fields such as money and banking, labor economics, public finance and international economics. Class sizes are relatively small, providing ample opportunity for students to interact with faculty.
Since economics focuses on the science of decision making, economics students learn to identify and analyze the costs and benefits of financial and social decisions. Skills in cost-benefit analysis, the core of economics training, are widely applicable and highly valued in current job markets. Graduates of Armstrong’s economics program are currently employed in a range of fields including finance, insurance, banking, real estate, business, education, public policy and government.
Armstrong’s Department of Economics introduced the Business Economics track in the Fall of 2011. Since that time, the Economics program at Armstrong has enjoyed a 45% increase in enrollment. Armstrong’s proposal for the new Business Economics degree was approved by the University System of Georgia’s Board of Regents in March of 2014.
“This is an exciting time for the Economics department at Armstrong,” said Saadatmand. “We invite students and prospective students to learn more about our new Business Economics degree and to discover how this degree program can help advance their careers in the future.”