BS in Business Economics
Department Web site
From small business to Wall Street, from town hall meetings to global policy summits, the study of economics gives students the tools necessary to better understand the world we live in. The discipline complements many other areas of study including computer science, history, political science, law, accounting, psychology, sociology, and statistics.
We offer a Bachelor of Science in Business Economics and a Bachelor of Arts in Economics, as well as a minor in Economics. The rigor of our major and minor programs gives students skills that enable them to compete successfully in an ever changing world and job market.
BS in Business Economics
The BS degree in Business Economics offers insight into applications of economics to real-world problems, provides students with an understanding of the theoretical approach of economics, and takes a practical approach in preparing graduates for employment in a changing global and technologically oriented marketplace. It prepares students for employment in a variety of fields, particularly banking, planning, government, finance, management, and teaching, or for further education in graduate economics, business, or other professional schools.
This degree program includes a strong emphasis on economics from the University Core, supplemented by advanced-level economics courses and a select set of business core courses, including courses such as accounting, finance and business law taken from Pace’s highly regarded Lubin School of Business.
Federal Reserve Challenge Team
The Pace University Federal Reserve Team is an award-winning team that is comprised of only Dyson College Economics and Business Economics majors. For three years in a row (2012, 2013, 2014), the team won the regional competition, besting more than 30 colleges in NY Fed District, including Columbia and NYU. In 2014, the team won the 11th national College Federal Reserve Challenge competition, besting Princeton and University of Chicago. Pace’s win was the first for the NY Fed District in the history of the College Fed Challenge.
College Federal Reserve Challenge is a competition that tests students’ understanding of the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. Participating teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeled on the work of the Federal Open Market Committee. Teams competing in the finals give 15-minute presentations and answer questions for a panel of senior Federal Reserve officials.
The faculty of the department includes nationally and internationally recognized scholars, who are also engaging teachers both in the classroom and online. Their scholarship is evidenced by their numerous books, monographs, and articles published in journals, newspapers, and periodicals intended for general audiences. The department’s faculty members also present their research at international, national and regional conferences.
Business Insider recognized Pace as providing first-rate integrated learning opportunities, where students “gain hands-on experience in their fields through internships, practicums, and fieldwork."