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Economics is the study of the production, consumption and transfer of wealth. Business economics is the study of how businesses effectively and efficiently manage resources. It examines the microeconomics of individuals, households and businesses in specific markets. Additionally, macroeconomics is examined, studying the functioning of the overall economy and the impact of economic growth, unemployment or inflation on business economics.

A Bachelors of Business Administration with a concentration in Economics at Colorado Mesa University provides a student with a solid foundation in all of the fundamental areas of business and combines this with additional work in economic analysis. Students acquire the ability to analyze forces that affect interest rates, incomes, foreign exchange rates, wage rates, employment and unemployment levels, inflation, recession, and the structure and competitiveness of firms and industries. Students also learn how to analyze the effects of public policy changes such as increases or decreases in government spending, taxes, and the money supply.

Past CMU graduates have pursued many career paths including bank management, financial planning and advising, Governor's Office of Planning and Budget (Utah), capital acquisitions analyst for a major hospital, entrepreneurs/business owners. They have also gone on to Graduate Schools to study economics, business, labor and industrial relations and law. To better equip students beyond college, CMU offers various professional development opportunities including business student clubs and organizations.

Learn more about CMU's Economics program

• Actuary
• Business Forecaster
• Chamber of Commerce Analyst
• Commodities Trader
• Commodity/Industry Analyst
• Consultant
• Consumer Affairs Director
• Cost Analyst
• Credit Analyst
• Demographer
• Economist
• Efficiency Expert
• Financial Economist
• Financial Officer
• Financial Planner/Analyst
• Financial Reporter
• Government Administrator
• Government Regulator
• Industrial Economist
• Industrial Transportation Specialist
• Industrial/Institutional Buyer
• Information Scientist
• Institutional Research Director
• Intelligence Agent
• International Trade Specialist
• Journalist
• Labor Economist
• Labor Relations Specialist
• Management Consultant
• Market Research Analyst
• Politician
• Populations Studies Analyst
• Public Administrator/Manager
• Project Manager
• Securities
• Securities Trader
• Teacher
• Technical Writer
• Treasury Management Specialist
• Urban/Regional Planner

Note: Some of the occupations listed above may require additional education, experience, or training beyond a bachelor’s degree. To research these occupations use the Career Research Resources links below.

• Analyze data to explain economic changes and forecast future market trends.
• Develop economic guidelines and standards used in forecasting trends and formulating economic
• Forecast production and consumption of resources.
• Study economic and statistical data in a specific area, such as finance, labor, or agriculture.
• Formulate recommendations, policies, and plans to interpret markets and solve economic problems.
• Give economic advice to businesses and to public and private agencies.
• Supervise research projects.
• Teach theories, principles and methods of economics.
• Testify at hearings concerning the effects of changes in legislation and present recommendations
based on cost-benefit analyses.

• Financial Institutions
• Businesses
• Entrepreneur
• Investment Firms
• Hospitals
• Hotels
• Law Firms
• Financial Institutions
• Trade and labor organizations
• Government agencies
• Insurance companies
• Educational institutions

Skills Needed by Economics majors:

• Analyze and interpret data
• Critical thinking and problem solving
• Numerical computation
• Leadership
• Sound decision-making
• Oral & written communication
• Organizing activities
• Computer literacy
• Flexibility
• Team player
• Directing and coordinating activities and staff
• Cross-cultural skills
• Interpersonal skills

Other Economics resources