MBA Find Your Focus:
MBA Find Your Focus: Accounting
Economics
What is Economics?
o Economics: a study on how individuals, governments, firms and nations make
choices on allocating scarce resources to satisfy unlimited wants
o A field that is analytical, quantitative, rigorous
o Provides global perspectives and an understanding of the relationship
between the government and private sectors
Why choose Economics?
o An MBA in Economics is rare, only a few
universities in the U.S. have such a program
o Provides knowledge to strategize on the global
economy, monetary and fiscal policies, and
macro- and micro-econometric forecasts
o Many job opportunities in a myriad of areas
o Provides an understanding of how the world
works
Bureau of Labor Statistics: Economists
o Job growth estimated at 14% from 2012-2022
o Median annual wage range pay: $91,860
o High end of annual wage rage: $155,490
o Half of all economists work in government at the federal, state, or local
levels
Sample Courses
o ECON 503 Advanced Macroeconomic Analysis ( 3 units)
Determination of employment, fluctuations of real and money income, and the forces underlying
economic growth.
o ECON 521 Macroeconomic Perspective for Managers ( 3 units)
Managerial use of local, national and global macroeconomic trends and data to make decisions.
Impact that changes in taxes, government spending and Federal Reserve Bank monetary policy
have on business, real estate and financial markets. (Not open to M.A. Economics candidates or
students with credit for ECON 320.)
o ECON 413 Law and Economics ( 3 units)
Economic analysis of the common law – property, contract and tort – focusing on the use of
microeconomic theory to study the economic efficiency characteristics and effects of these
laws. Analysis of specific legal cases.
o ECON 440 Introduction to Econometrics ( 3 units)
Economic measurement: specification and estimation of econometric models; statistical
methods in economic research.
Career Opportunities
o Economist
o Environmental, Political, Financial,
etc.
o Financial analyst
o Personal financial manager
o Financial examiner
o Loan Officer
Center for Economic Education
 Mission Statement: To promote economic and financial literacy in schools (K-
12), institutions of higher learning, and in the larger community.
 Offers regular offering of on- and off-campus workshops and instructional
programs in economics, provides consultation for schools, colleges, and
community organizations, develops and/or distributes economic education
materials, and conducts research in economic education.
 Holds the California Financial Literacy and Business Olympiad
 Partners with U.S. Bank to launch the Youth Individual Development
Account, which helps local youth learn how to save money
For more details, visit: CSUF CEA
Student Organizations
 Economics Association: to expand our members’ knowledge
and understanding of the study of economics by keeping ties
with faculty, alumni, and professionals in the industry.
For more information, visit: Economics Association
 MBA Association: to provide graduate business students with a
professional, educational, and social network comprised of
classmates, faculty, and administration at California State
University, Fullerton (CSUF).

For more information, visit: CSUF MBA Association
*for information on other business clubs, visit: Mihaylo Clubs
References
CSUF Mihaylo MBA Concentrations Website
Bureau of Labor Statistics: Economists
Economics Degree Information
Investopedia Economics