UC Davis Business Economics Cluster

UC Davis offers three main paths for those interested in the broader field of business: Business, Economics, and Managerial Economics. These three STEM-designated majors comprise the Business Economics Cluster, a partnership between the Graduate School of Management, the College of Letters and Science and the College of Agricultural and Environmental Sciences.

 

Economics

Business

Managerial Economics

DESCRIPTIONS

The Bachelor of Arts in Economics is a STEM-designated degree that prepares students for a wide variety of careers. Combining social science with aspects of business the degree examines decisionmaking at the individual, business, market, and global level. Students gain skills in microeconomic, macroeconomic, and econometric analysis allowing them to develop critical thinking skills for the challenges of the global economy. Versatility of the degree allows students to prepare for careers in for-profit, non-profit, and governmental organizations. The major provides substantial flexibility with relatively low credit hour requirements allowing students to pursue and develop additional skills including the ability to double major. For example students might double major in mathematics for finance careers, political science for policy or law careers, and statistics for data analytics careers. In sum the economics degree equips students with adaptable skills for an ever-changing competitive economy. The Bachelor of Science in Business prepares students for analytical and data-driven careers in the business world. With a strong foundation in mathematics, statistics, and economics, graduates are equipped to solve complex problems and make informed decisions. Elective specializations in accounting, finance, marketing & business analytics, and management & strategy allow students to tailor their studies to specific career paths. This program develops critical thinking, quantitative, and strategic skills, positioning graduates for roles in fields such as consulting, financial analysis, data analytics, marketing strategy, and business operations. The Bachelor of Science in Managerial Economics at UC Davis is a STEM-designated major combining strong preparation in microeconomic analysis and quantitative methods with systematic exposure to real-world decision and policy problems to meet the managerial and leadership needs of businesses and governments. It prepares students for the analysis of management and policy issues in business, finance, marketing, production, agriculture, food distribution, natural resources, the environment, and international trade and development. Students can specialize in one or more emphases and have the opportunity to engage in research and interact with faculty advisors through the Managerial Economics Senior Research Thesis program.
HIGHLIGHTS

62-64 units

Double major is very manageable

108-109 units

Adding a minor is manageable

100-101 units

Adding a minor is manageable

CAREER OPPORTUNITIES Economic analyst, market research analyst, consulting associate, foreign service officer, data scientist, data analyst, lawyer, educator, financial analyst, international economist, policy advisor, development economist, supply chain manager, real estate analyst, investment banker, business owner, insurance agent, marketing/sales, policy analyst, financial assistant, sales manager, banker, project manager, agency advisor, budget analyst, actuarial analyst, and many more!
COLLEGE REQUIREMENTS View College of Letters and Science Requirements View Graduate School of Management Requirements View College of Agricultural and Environmental Sciences Requirements
SPECIALIZATIONS

Choose one (optional):

  • Behavior & Strategy
  • Data Analytics & Economic Analysis
  • Economic History
  • International Macro-Finance
  • Policy
  • Poverty & Inequality

Choose one or two:

  • Accounting
  • Finance
  • Marketing & Business Analytics
  • Management & Strategy

Choose one or more:

  • Business Economics
  • International Business Economics
  • Environmental & Resource Economics
  • Agribusiness Economics

Course Listings

The course listings should only be used to see differences and similarities between the various Business Economics Cluster majors. For full major requirements, please seek out resources and advising from the appropriate major department. 

Students may not double major in the Business major and Economics or Managerial Economics. In addition, students in the Business major may not be granted minors offered by the Graduate School of Management.

Preparatory Courses

Economics (ECN) Business (MGT) Managerial Economics (ARE)
ECN 1A - Principles of Microeconomics, ECN 1B - Principles of Macroeconomics ECN 1A - Principles of Microeconomics, ECN 1B - Principles of Macroeconomics ECN 1A - Principles of Microeconomics, ECN 1B - Principles of Macroeconomics
Calculus - See Program Requirements Calculus - See Program Requirements Calculus - See Program Requirements
STA 13 - Elementary Statistics or STA 32 - Gateway to Statistical Data Science STA 13 - Elementary Statistics or STA 32 - Gateway to Statistical Data Science STA 13 - Elementary Statistics or STA 32 - Gateway to Statistical Data Science
  ARE 103 - Applied Statistics for Business & Economics ARE 103 - Applied Statistics for Business & Economics
  ARE 18 - Business Law ARE 18 - Business Law
  MGT 11A, MGT 11B - Elementary Accounting MGT 11A, MGT 11B - Elementary Accounting

Additional Courses

Economics Business Managerial Economics
       UWP 104A - Writing in the Professions - Business Writing UWP 104A - Writing in the Professions - Business Writing
  PSC 1 - General Psychology or SOC 1 - Introduction to Sociology CMN 1 - Introduction to Public Speaking or CMN 3 - Interpersonal Communication Competence

Core Courses

Economics Business Managerial Economics
ECN 100A, ECN 100B - Intermediate Micro Theory ECN 100A, ECN 100B - Intermediate Micro Theory or ARE 100A, ARE 100B - Intermediate Microeconomics ARE 100A, ARE 100B - Intermediate Microeconomics
ECN 101 - Intermediate Macro Theory ECN 101 - Intermediate Macro Theory ECN 101 - Intermediate Macro Theory
ECN 102 - Analysis of Economic Data ARE 106 - Econometric Theory & Applications ARE 106 - Econometric Theory & Applications
 
Choose one from the following: All of the following: All of the following:
ECN 110A - World Economic History Before the Industrial Revolution MGT 101 - Sources and Uses of Accounting Information ARE 155 - Operations Research & Management Science
ECN 110B - World Economic History Since the Industrial Revolution MGT 120 - Introduction to Information Systems  
ECN 111A - Economic History MGT 140 - Introduction to Marketing and Data Analytics  
ECN 111B - Economics History MGT 150 - Introduction to Management  
ECN 117 - Economics of International Immigration MGT 160 - Introduction to Corporate Finance or ARE 171 - Principles of Finance  
  MGT 180 - Introduction to Operations Management  

Upper Division Courses

Economics Business Managerial Economics
ECN 103 - Economics of Uncertainty & Information ARE 107 - Econometrics for Business Decisions ARE 107 - Econometrics for Business Decisions
ECN 106 - Decision Making ARE 136 - Managerial Marketing ARE 112 - Fundamentals of Organization Management
ECN 107 - Neuroeconomics / Reinforcement Learning & Decision Making ARE 139 - Futures and Options Markets ARE 115A - Economic Development
ECN 115A - Economic Development ARE 172 - Corporate Finance ARE 115B - Economic Development
ECN 115B - Economic Development ARE 173 - Investments ARE 118 - Tax Accounting
ECN 116 - Comparative Economic Systems ECN 106 - Decision Making ARE 119 - Intermediate Managerial Accounting
ECN 117 - Economics of International Immigration ECN 121B - Industrial Organization ARE 120 - Agricultural Policy
ECN 121A - Industrial Organization ECN 122 - Theory of Games & Strategic Behavior ARE 121 - Economics of Agricultural Sustainability
ECN 121B - Industrial Organization ECN 135 - Money, Banks, and Financial Institutions ARE 130 - Agricultural Markets
ECN 122 - Theory of Games & Strategic Behavior ECN 142 - Economics & Business Data Analytics ARE 132 - Cooperative Business Enterprises
ECN 125 - Energy Economics ECN 164 - International Finance ARE 133 - Introduction to Behavioral Economics
ECN 130 - Public Microeconomics MGT 103 - Intermediate Financial Accounting I ARE 136 - Managerial Marketing
ECN 131 - Public Finance MGT 105 - Intermediate Financial Accounting II ARE 138 - International Commodity & Resource Markets
ECN 132 - Health Economics MGT 107 - Intermediate Financial Accounting III ARE 139 - Futures & Options Markets
ECN 133Y - Poverty, Inequality & Public Policy MGT 141 - Marketing Analytics ARE 140 - Farm Management
ECN 134 - Financial Economics MGT 143 - Customer Analytics ARE 143 - Basics of Investing
ECN 135 - Money, Banks, & Financial Institutions MGT 145 - Managing Business Databases ARE 144 - Real Estate Economics
ECN 136 - Topics in Macroeconomic Theory MGT 151 - Management of Innovation & Entrepreneurship ARE 145 - Farm & Rural Resources Appraisal
ECN 137 - Macroeconomic Policy MGT 153 - Negotiations ARE 146 - Economics of Business Regulation
ECN 138 - Public Economics in International Perspective MGT 155 - Teams and Leadership ARE 150 - Agricultural Labor
ECN 140 - Econometrics MGT 161 - Portfolio Management ARE 157 - Analysis for Operations & Production Management
ECN 141 - Economic & Financial Forecasting MGT 163 - Buyouts & Acquisitions ARE 166 - Economics of Global Poverty Reduction: What Works and Why
ECN 142 - Economics & Business Data Analytics MGT 165 - Venture Capital and Finance of Innovation ARE 171 - Principles of Finance
ECN 145 - Transportation Economics MGT 170 - Management Accounting & Control ARE 172 - Corporate Finance
ECN 151A - Economics of the Labor Market   ARE 173 - Investments
ECN 151B - Economics of Human Resources   ARE 175 - Natural Resource Economics
ECN 152 - Economics of Education   ARE 176 - Environmental Economics