Economics – Business
Degree: BS
Campus: Columbus
College: Business
Economics is the study of choices that individuals, business and government entities make when allocating limited resources among alternative uses. For example, individuals must choose what goods or services to purchase with their limited incomes. Business firms must decide which goods to produce, how much to produce and what methods to use. Government bodies must choose which programs to implement and which taxes to levy.
Economists develop theories to explain how components of an economy operate and interact with one another. They then gather statistical and empirical evidence to estimate the relationships among the various aspects of the economy. Using these data, economists predict how different economic entities will respond to changes in policies and external forces. These predictions, in turn, help guide private and public decision-makers to form appropriate policies.
Students admitted to the Columbus campus are also admitted directly to the Fisher major program and the economics specialization.
Students may also pursue a course of study in economics through the College of Arts and Sciences. Review this program at economics.osu.edu.
Principles courses
Accounting Principles
Economics Principles
Statistics
Core courses
Business Skills and Environment
Business Law
International Business
Finance
Management Sciences
Management and Human Resources
Marketing
Logistics
Strategic Management
Required major courses
Intermediate Microeconomics
Intermediate Macroeconomics
Selected upper-division courses in economics
Additional electives to total a minimum of 121 hours are needed for graduation. Oral and written communication courses and additional computer science courses are recommended.
The Office of Global Business provides Fisher students with a variety of options where they can put classroom theories into action in compelling international locations and learn through experience. Employers value the diverse background that global experiences provide and list "strategic international understanding" and "cross-cultural experience" as two of the most desirable employee traits.
Though internships are not required for business students, 95 percent of students registered with the Office of Career Management have some kind of internship experience before they graduate. Many students receive an offer of full-time employment from their internship employer.
Honors students majoring in business, have the option of applying for and participating in one of four Honors programs (Accounting Honors, Finance Honors, Honors Cohort, Honors Immersion) or an Honors research project. Each option provides the opportunity to graduate with a diploma designation.
Entering freshman admitted to University Honors will be invited to apply to the Integrated Business and Engineering Honors Program and the Business Honors Learning Community.
The Business Scholars Program is a community of talented students that participate in programs and activities designed to offer insight into business practice and environment. Business Scholars learn to understand the vital role of collaboration through teambuilding, leadership training and workshops. Additionally, Business Scholars can develop partnerships with Fisher College of Business faculty and alumni.
Learn more at honors-scholars.osu.edu.
The Undergraduate Leadership & Engagement Office connects Fisher students with opportunities to enhance leadership competencies, develop professional preparedness, and connect with their chosen industry and the Fisher community.
Additionally, Fisher is home to more than 35 student organizations that focus on academics, diversity, common business topics and more.
Economics majors are successful in a wide variety of careers. Although various roles in business are most common (banking, insurance industry, consulting), economics majors are successful in law, medicine, government, nonprofits, international relations, as well as in academic roles. Most economics majors pursue employment in the private sector and graduates succeed in many occupations. Additionally, some students plan to pursue graduate work.
In 2018-19, the starting salary averaged $50,608 for graduates who majored in economics.
At graduation, Fisher College of Business graduates:
- Will posses strong analytical and problem-solving skills to identify and critically assess problems facing contemporary businesses
- Will demonstrate in-depth knowledge of human resources
- Will possess a global perspective and can critically evaluate the international context a contemporary business operates in
- Can identify and assess ethical issues surrounding business decisions
- Are able to work effectively in a team-based environment
- Can demonstrate professional deportment and effective oral and written communication skills
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Future students
Academic info
Fisher College of Business was ranked 15th in the nation for Best Undergrad Business Schools. (U.S. News & World Report, 2020)
Interested in a business career?
Check out the Business Pathway to discover the many majors Ohio State offers that can lead to a career in business.