Managerial economics is a dynamic degree that prepares students for a variety of careers in business and beyond. The major goes beyond the limits of traditional economics and business. Students gain a thorough grounding in economic theory and practical business applications. They cultivate skills in quantitative methods, problem-solving strategies, critical thinking and effective communication that lead to promising careers. Managerial economics students can select from four areas of specialization: Business economics, which focuses on analysis, finance and management of business activities International business economics, which explores the economic drivers and policy challenges in the major emerging markets Environmental and resource economics, which concerns issues related to environmental quality and the use of resources Agribusiness economics, which focuses on the business aspects of producing and marketing foods and fibers.
Study begins with a series of preparatory courses in economics, calculus, statistics, accounting, business law and computer science. Five required upper-division core classes in intermediate micro- and macro-economics, econometrics and quantitative analysis provide a solid foundation for all students in this major. Another 32 units of restricted electives, chosen from a wide variety of course offerings, completes the remaining major requirements. Internships for students in Managerial Economics provide additional career experience, information, and preparation in a variety of business enterprises and governmental agencies. For more information, see Internship & Career Center. Managerial Economics majors have established careers in every area of business and industry, including marketing, analysis, consulting, financial services, accounting, entrepreneurship, real estate and government. Many graduates have entered advanced degree programs in business management, accounting, finance, agricultural and resource economics, economics, public policy, and law.