Economics is the social science of allocating resources to provide goods and services. It describes how economic systems work and then uses that description to identify the scope of economic policies for improving efficiency in the distribution of income and wealth.
Economists derive policy not only in business, but also in politics, health, law education, religion and many other fields. The economics program at UIW is an excellent preparation for numerous non-academic careers and for graduate studies in various disciplines.
The major fields of business are all applied to economics. For example, the field of marketing uses the economic theory of markets to identify more effective ways to sell goods and services. The study of law and politics aims to assure that the interaction of politics and the economy allows the economy to function well. Management science uses economic policy analysis to create better forecasts and more efficient systems of production and operations.
Because economics is the basis of many professions, a degree in this field provides a valuable credential for entering almost any career.
Professionals with a BBA in Economics have a variety of career paths from which to choose, including:
Below are small descriptions of daily work activities included in some of the careers listed above:
The Bachelor of Business Administration in Economics is a 120-hour program designed to provide students a specialized degree. Economics provides the guiding principles for most business disciplines, and so students of economics prepare themselves to follow a wide variety of career paths. Economic analysts are employed by departments of marketing, accounting, finance and human resources.
Business programs in the H-E-B School of Business and Administration are accredited by The Accreditation Council for Business Schools and Programs. The University of the Incarnate Word is accredited by the Southern Association of Colleges and Schools Commission on Colleges. Read more about accreditation.