College of Business Administration

ECONOMICS, BUSINESS

(B.S.B.A.)

Department of Economics, BA2 305, 407-823-3266
http://www.bus.ucf.edu/economics
Undergraduate Advising: BA2 101, 407-823-2184;
Major Advisor: R. Pennington, BA2 303B, 407-823-2640,
E-mail: robertp@mail.ucf.edu

The Business Economics major for the Bachelor of Science in Business Administration is designed for students who wish to receive specialized training in economics along with core skills in business administration. Several flexible tracks allow students to customize their education to their personal interests and career goals. This degree provides skills and training for careers in business and industry, law, government, politics, teaching, research, and a variety of other areas. This degree also provides a strong foundation for future graduate studies in business, economics, law and public administration. Successful completion of this program leads to the Bachelor of Science in Business Administration degree with a major in Economics.

Admission Requirements for Business Economics

• Completion of the UCF General Education program or an AA degree from a Florida Public Community College
• See Common Program Prerequisites

Degree Requirements

(36 hrs)

1. UCF General Education Program

9 hrs

A. Communication Foundations

• Required: SPC 1600

9 hrs

B. Cultural and Historical Foundations

C. Mathematical Foundations

• 3 hrs
  Select MAC 1105 College Algebra (or Calculus)
• 3 hrs
  Select CGS 2100CC Computer Fundamentals for Business

D. Social Foundations

• 3 hrs
  Select ECO 2013 Principles of Macroeconomics or
  ECO 2023 Principles of Microeconomics
• 3 hrs
  Select one: PSY 2012, SYG 2000, ANT 2000

6 hrs

E. Science Foundation

(18-21 hrs)

2. Common Program Prerequisites

Must be completed with a “C” (2.0) or better.

*At UCF, students who have completed MAC 2233 (or any Calculus1 & 2 sequence) and STA 2023 will be waived from ECO 3401. Students who have not completed both classes with a “C” (2.0) or better must take ECO 3401.

(36 hrs)

3. Common Body of Knowledge

First or subsequent semester in the College of Business Administration:

** STA 4163 or STA 4321 may substitute for ECO 3411

4. Special College and/or Departmental Requirements

• Only grades of “C” (2.0) or higher transfer into the program and students must have a “C” (2.0) or better in each common program prerequisites class.
• Final exams will be given during Exam Week.
• Students must have at least a 2.0 GPA in the COB and major.
• Any student receiving a business degree must complete one half (30) of the 60 upper level business courses for their degree program in the UCF College of Business Administration. Additionally, 12 of the 30 credit hours completed at UCF must be from the department or school in which the student majors.
• Students majoring in Business Economics must earn a grade of “C” (2.0) or better in each ECO, ECP, ECS course and in each course applied towards the major as well as a 2.0 overall average in the major.

(9 hrs)

5. Required Major Courses

(15 hrs)

6. Upper Division Restricted Electives

All B.S.B.A. economics majors will be required to take five (5) electives by choosing one of the following tracks:

6.1 BUSINESS ECONOMICS TRACK

(9 hrs)

Restricted electives

Select any other two 3000 - 4000 level ECO, ECS or ECP (including ECO 4941) courses other than the required major and this track’s restricted elective courses.

6.2 INTERNATIONAL TRACK

(9 hrs)

Restricted electives

Select any other two 3000 - 4000 level ECO, ECS or ECP (including ECO 4941) courses other than the required major and this track’s restricted elective courses.

6.3 PRE-LAW TRACK

(9 hrs)

Restricted electives

Select any other two 3000 - 4000 level ECO, ECS or ECP (including ECO 4941) courses other than the required major and this track’s restricted elective courses.

6.4 FINANCIAL ECONOMICS TRACK

(9 hrs)

Restricted electives

Select any other two 3000 - 4000 level ECO, ECS or ECP (including ECO 4941) courses other than the required major and this track’s restricted elective courses. For double majors in Finance, two of these electives can be selected from Finance with advisor’s approval.

6.5 ECONOMICS OF GOVERNMENTAL REGULATION

(9 hrs)

Restricted electives

Select any other two 3000 - 4000 level ECO, ECS or ECP (including ECO 4941) courses other than the required major and this track’s restricted elective courses.

6.6 GENERAL TRACK

Select any five 3000 - 4000 level ECO, ECS or ECP (including ECO 4941) courses other than the required major courses. One of these electives can be selected from a related discipline with advisor’s approval.

It is possible to have a double track; however, only the first designated track will appear on the transcript.

For students interested in preparing for graduate school in Economics and other graduate studies, the following courses are strongly recommended:

Students are also encouraged to select MAC 2311, 2312 and 2313 along with STA 4321 and 4322 as substitutes for ECO 3401 and ECO 3411.

(0-8 hrs)

7. Foreign Language Requirements

• Admission: Two years of one foreign language in high school, or one year of one foreign language in college (or equivalent proficiency exam) prior to graduation.

8. University Minimum Exit Requirements

• A 2.0 UCF GPA
• 60 semester hours earned after any CLEP award
• 48 semester hours of upper division credit completed
• 30 of the last 36 hours of course work must be completed in residency at UCF
• A maximum of 45 hours of extension, correspondence, CLEP, Credit by Exam, and Armed Forces credits permitted
• Completion of the General Education Program, the Gordon Rule, the CLAST, and nine semester hours of Summer credit (if applicable)

(variable)

9. Electives ***

120 hrs

Total Semester Hours Required

• Related Programs: Economics B.A., Accelerated B.S.B.A./M.S.

Transfer Notes

• Courses taken at community colleges do not substitute for upper division courses.
• Courses transferred must be formally evaluated for equivalency credit. The student must provide a course syllabus and any other supporting information with his/her petition for this evaluation.
• Common Program Prerequisites for the State University System for College of Business Administration programs include Financial Accounting, Managerial Accounting, Macroeconomics, Microeconomics, Calculus, Statistics, and a relevant computer class. At UCF Business, students who have completed the calculus and statistics class will be waived from Quantitative Business Tools I. Students who have completed either the calculus or the statistics, but not both, must take Quantitative Business Tools I.
• Subject to the general grade and residence requirements, credit will be granted for transferred course work equivalent to that required in the UCF Business program. Only grades of “C” (2.0) or higher transfer into the program and students must have a “C” (2.0) or better in each common program prerequisites class.
• ACG X001 and X011 will substitute for ACG 2021 at UCF
• Florida Public Community College students are advised to complete the Associate of Arts degree, to include the general education requirements, the common program prerequisites for the SUS system, and college algebra.
• Any student receiving a business degree must complete one half (30) of the 60 upper level business courses for their degree program in the UCF College of Business Administration. Additionally, 12 of the 30 credit hours completed at UCF must be from the department or school in which the student majors.
• Orientation and advising are two of the most valuable tools that a student can make use of when transferring to UCF. Be sure that you take advantage of both.

Four Year Plan of Study

Business Economics