Undergraduate Foundation Program + Bachelor of Science - Economic Sciences - Business Economics

Undergraduate Foundation Program WSU’s Undergraduate Foundation program provides additional academic and/or English language support and personalized advising to help students smoothly transition to full university study. Students are unconditionally admitted to the university and graduate in the same amount of time as direct-entry students – they are just provided with additional support courses. Bachelor of Science - Economic Sciences - Business Economics Economics studies the allocation of resources between competing and alternative uses. Students gain an understanding of consumer and firm-level decision making and how the economic system functions and can be influenced. It is both a rigorous and flexible program of study that provides analytical tools and aids in the student’s development of problem-solving skills for economic analysis, while allowing individuals the opportunity to explore specific areas of interest in various fields of economics. Majors study macroeconomics, which addresses issues such as the level of output and prices, inflation, and unemployment within the economy; microeconomics, which pertains to how consumers make purchase decisions and utilize their time as well as how firms make decisions on what to produce and who to employ; and econometrics, which provides the technical tools to estimate economic models from data and to forecast economic outcomes. Application areas include such topics as health care, sports, tax policy, financial markets, international marketing and trade, and natural resources. The business economics option trains students to use economic concepts to better understand the management, marketing, and finance problems faced by businesses operating in a market system.