Economists are called upon for a variety of tasks including economic analysis of the overall economy as well as data collection, research analysis, forecasting, short and long-term planning, and consulting. The ability to make decisions at the macroeconomic level as well as use economic modeling tools make this concentration valuable for all industries as well as local, state, and federal government entities. An increased emphasis on analytical, quantitative, and technology skills sets this concentration apart from others.
The senior-level capstone course, Business Strategy, allows students the opportunity to bring together the functional areas of business and apply business knowledge and skills to solve today’s complex and ever-changing problems.
The course focuses on developing a strategic plan for an organization using critical analysis of business data. To develop the strategic plan, students identify the current strengths and weaknesses of the organization as well as strategies for maintaining a competitive advantage in the future. Assignments such as oral presentations, written papers, and working on a team simulation help students to develop the knowledge and skills needed to manage successfully in the future.