Economics provides critical decision making tools in all areas of business. To the manager of a firm, microeconomics theory provides strategies on how to maximize profit, techniques for measuring how customers will respond to changes in price, and how the potential profitability of the firm will vary with the level of competition.

Macroeconomics theory discusses why inflation, unemployment, and interest rates change. For a manager, an important issue is how the federal government may try to change the state of the economy, and how that will alter business opportunities.

The field also offers courses that cover forecasting and other statistical techniques that can be used in business decision making. A career in economics is a good choice for people who like to analyze how systems work.

A degree in Business Economics can open high paying opportunities in a wide variety of fields. Consulting firms, research firms, financial institutions and corporate planning departments all seek applications trained in economics