Economic Consulting B.S.B.A.


The BSBA in Economic Consulting will provide students with training in the application of microeconomics, macroeconomics and econometrics to problems of business decision making. To be successful, business economists have to know how to apply the tools of microeconomic analysis (e.g., critical thinking, modelling, econometric analysis, etc.) to real-world, business problems.


The major will require students to take 5 economics courses beyond what is required in the BSBA core. These 5 courses will concentrate on the application of microeconomic theory and models to business problems. This will include a mix of required courses (4) that build specific skills and electives (1) that allow the student to explore different areas of economics (e.g., health economics, labor economics, etc.) where consultants typically operate/specialize. The major will include a required seminar in which students are assigned a real consulting case to be completed within the semester.


Major Requirements:

A Bachelor of Science in Business Administration degree with a major in Economic Consulting requires the completion of the Elon Core Curriculum as well as the Major Requirements listed below.

Core Requirements

Select one course from the following

: 4 sh

MTH 116APPLIED CALCULUS

4 sh

MTH 151CALCULUS I

4 sh

Additional Core Requirements:

ACC 201PRINCIPLES OF ACCOUNTING

4 sh

BUS 201GATEWAY TO BUSINESS

4 sh

BUS 211MANAGEMENT INFORMATION SYSTEMS

4 sh

BUS 221LEGAL AND ETHICAL ENVIRONMENT OF BUSINESS

4 sh

BUS 381INTERNSHIP IN BUSINESS

1-4 sh

BUS 465STRATEGIC MANAGEMENT

4 sh

ECO 111PRINCIPLES OF ECONOMICS

4 sh

ECO 203STATISTICS FOR DECISION MAKING

4 sh

FIN 343PRINCIPLES OF FINANCE

4 sh

MGT 323PRINCIPLES OF MANAGEMENT AND ORGANIZATIONAL BEHAVIOR

4 sh

MKT 311PRINCIPLES OF MARKETING

4 sh

Economic Consulting Major Course Requirements

ECO 311INTERMEDIATE MICROECONOMIC THEORY

4 sh

ECO 347INTRODUCTION TO ECONOMETRICS

4 sh

ECO 360INDUSTRIAL ORGANIZATION AND REGULATION

4 sh

ECO 460ECONOMIC CONSULTING

4 sh

Select one course from the following

: 4 sh

BUS 326OPERATIONS AND SUPPLY CHAIN MANAGEMENT

4 sh

MGT 310BIG DATA ANALYSIS

4 sh

Select one course from the following

: 4 sh

ECO 302MONEY AND BANKING

4 sh

ECO 310INTERMEDIATE MACROECONOMIC THEORY

4 sh

Select one course from the following

: 4 sh

ECO 320HEALTH ECONOMICS

4 sh

ECO 321LABOR ECONOMICS

4 sh

ECO 335ENVIRONMENTAL ECONOMICS

4 sh

ECO 432PUBLIC FINANCE

4 sh

ECO 440URBAN ECONOMICS AND PLANNING

4 sh


Total Credit Hours: 73-76

Students cannot complete double (or triple) majors in Economics (AB), International Economics (AB) and Economic Consulting (BSBA).  In addition, students majoring in Economic Consulting (BSBA) cannot obtain a minor in Economics (AB).

Elon Core Curriculum:

First Year Foundations

COR 110THE GLOBAL EXPERIENCE

4 sh

ENG 110WRITING: ARGUMENT AND INQUIRY

4 sh

Select one of the following: 

STS 110INTRODUCTION TO STATISTICAL REASONING

4 sh

MTH 151CALCULUS I

4 sh

STS 212STATISTICS IN APPLICATION

4 sh

Experiential Learning Requirement (2 Units required)

Included in experiential learning are study abroad, research, service-learning, leadership, internships, (including co-ops, teaching, and practicum), or other courses or experiences with ELR designation.

World Language Requirement

Students must meet one of the following: (a)complete a language course numbered 122 or higher at Elon, or receive transfer or study abroad credit for the same; (b) place into a language course numbered 200 or above upon arriving at Elon, using a department of world languages approved placement instrument; (c) score a 4 or 5 on an AP language exam or similar exam. Each student must take the language placement test by October 1 of his or her first full year at Elon. Students are allowed two tries; the higher score is counted. That score stands and may not be repeated by later testing. Consideration for Phi Beta Kappa membership requires the completion of a 222-level world language course or placement beyond that level.

Studies in the Arts and Sciences

Students must fulfill the requirements in each of the following categories.

Transfer students with at least 18 s.h. of transfer credit must complete 32 hours total in Studies in the Arts & Sciences, but may have as few as 7 hours in one or more of the four Studies in the Arts & Sciences areas.

Expression (8 s.h.) __________________   __________________

Eight hours chosen from at least two of the following: literature (in English or world languages), philosophy, & fine arts (art, dance, music, music theatre, & theatre). At least one course must be literature.

Civilization (8 s.h.)_______________   __________________

Eight hours chosen from at least two of the following: historyworld languages, art history and religious studies.

Society (8 s.h.) ___ECO 111______   __________________

Eight hours chosen from at least two of the following: economics, geography, human service studies, political science, psychology, & sociology/anthropology, and public health studies 201 or 202.

Science/Analysis (Lab:___) (8 s.h.) __________________    __________________

Eight hours chosen from one or more of the following: mathematics/statistics, science, and computer science. At least one course must be a physical or biological laboratory science.

Advanced Studies (8 s.h.) __________________   __________________

Eight hours of 300-400 level coursework outside the major field and chosen from areas under Studies in the Arts and Sciences.

COR Interdisciplinary Capstone Seminar (4 s.h.) __________________

300-400 level COR course; requires junior/senior status.


Society (8 s.h.) __ECO 111__  __________

Eight hours chosen from at least two of the following: economics, geography, human service studies, political science, psychology, & sociology/anthropology, and public health studies 201 or 202.




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