The Economics Major for the Bachelor of Science in Business Administration Degree
In addition to the requirements for the B.S.B.A. degree outlined below, all Economics majors in the Business School must complete eight additional courses in economics.
Candidates for a B.S.B.A. must:
Satisfy the general degree requirements for graduation
Complete the following pre-business courses:
ACCT 201 Fundamentals of Financial Accounting
ACCT 202 Fundamentals of Managerial Accounting
BUAD 202 Statistics for Business and Economics
BUAD 205 Business Communication
ECON 101 Principles of Microeconomics
ECON 102 Principles of Macroeconomics
MATH 211 Calculus I
Complete the following core courses except as noted:
BUAD 393 Business Law
BUAD 394 Business Ethics
BUAD 497 Strategic Management *
FIN 360 Principles of Financial Management
MGMT 225 IT and Data Analytics
MGMT 330 Organizational Behavior
MGMT 340 Operations Management
MKT 320 Principles of Marketing
*The International Business concentration requires IBUS 411 in lieu of BUAD 497.
Participate in a full semester University of Richmond approved study abroad program or complete a course with an international business or international business economics focus. This international focus course also may satisfy a concentration or major requirement.
Eight economics core courses, including:
ECON 270 Introductory Econometrics
ECON 271 Microeconomic Theory
ECON 272 Macroeconomic Theory
Four units of economics electives (at least two of which must be at the 300 level)
ECON 480 Senior Capstone Seminar, or both ECON 490 Honors Seminar in Economics and ECON 491 Honors Thesis in Economics
Note: A grade point average of at least C (2.00) is required in the major with no course grade below a C- (1.7) in an economics course required for the major. Majors are encouraged to take ECON 101 and ECON 102 and BUAD 202 during their first year, and ECON 271 and ECON 272 during their second year. A basic foundation in calculus (e.g., MATH 190, MATH 211, MATH 212, MATH 232, and MATH 235) is required for ECON 271.
Students may plan their course load to pursue a general major in economics or to study a specific area in economics. Students interested in pursuing a graduate degree in economics are encouraged to seek advice concerning the honors program in economics, the mathematical economics major, and/or taking MATH 235 Multivariate Calculus and MATH 245 Linear Algebra.
All students declaring a major or minor in the Robins School of Business must first pass an online Excel competency exam. Students will have three attempts to demonstrate competency with a grade of 80% or higher. This is not for a grade or academic credit.
The Economics Concentration (for Business Administration and Accounting majors only)
Four courses, including:
Econ 271 Microeconomic Theory
Econ 270 Introductory Econometrics or Econ 272 Macroeconomic Theory
Two units of economics electives, at least one of which must be at the 300 level