Teddy T. and Cecilia M.

Bachelor of Arts in
Management (BAM),

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230K+ Alumni Worldwide


The Bachelor of Arts in Management (BAM) degree prepares you for a career managing organizations and personnel in global, multicultural settings covering a wide range of industries. Foundational courses provide essential skills and knowledge for building and guiding teams, facilitating work processes, analyzing data, and making better decisions regarding market opportunities, finances, and the business environment.

For maximum flexibility, the program minimizes prerequisites while offering seven different areas of management specialization.

The Economics specialization is designed for those who want to progress beyond microeconomics and macroeconomics to examine how individuals, businesses and governments make decisions in allocating their resources. The coursework teaches quantitative analysis, economic fundamentals, and monetary principles that can prepare you for success in graduate business studies, law school, professional training, and employment opportunities in government, the private sector, and international organizations.

Admission Requirements

In preparation for your Bachelor of Arts in Management studies, you’re required to complete the following courses or equivalents:

  • ECO 203 – Principles of Microeconomics
  • ECO 204 – Principles of Macroeconomics
  • LAW 204 – Legal Aspects of Business I

Course Details

Required Courses

For the Bachelor of Arts in Management degree with a specialization in Economics, you must complete ten foundational courses and five specialization courses.

Foundational Course Listings

Course Name

Performance Management (PM) and Supply Chain Management (SCM) require metrics and indicators to measure value, weaknesses and opportunities through business intelligence. Using data to set objectives and measure the internal and external performances through analytics has been a proven method to business success. Business analytics provide a proactive approach to identify and solve problems before it takes place. Data improvement, data quality assessment, data cleansing and normalization, methods and process improvements will be discussed.

New technologies have opened new arenas in prediction and marketing. Subjects of predictive analytics topics and its role in enterprise marketing will be discussed. The course applies predictive analytic tools to derive the organization’s strategic direction. Market and product analysis will be used to illustrate the development process. Results will be drawn from actual predictive analytics applications and interpreted in the context of business impact.

Financial world faces uncertainty that affects the outcome of sound investments. Leaders are utilizing probabilistic analytic models that alleviate ambiguity on making decision for profitable returns. Theories and practical tools focusing on model building; constructing, processing, and presenting probabilistic information will be discussed. Utilization of analytical software to solve problems on axioms of probability, conditioning and probability trees, random variables and distributions expectation.

Every step of online transactions should be considered with security in mind. Accessing the organizations’ data requires operators to apply the proper security and privacy while the data is stored, transmitted accessed and when it is worked on. Work with confidential data involves strong ethical practices to be aware of security breaches and how to mitigate threats.

PrerequisiteECO 203 and ECO 204

A study of the accelerating internationalization of all business, this course introduces upper-division undergraduate students to all facets of international business within three broad subject areas: (1) the economic framework of international business, (2) the operating frameworks of multinational corporations, and (3) a framework for global strategic management. It uses case studies to illustrate concepts and methods.

Examination of core issues in the practice of leadership. Identification of differing theories and styles of collaborative, integrative organizational leadership and comparison to authoritarian or management by edit within the organizational context.

An introduction to the impact that individuals, groups, and structure have on behavior within organizations for the purpose of applying such knowledge toward improving an organizations effectiveness. The course will focus on work-related behavior with an emphasis on individual and group performance as it relates to organizational productivity and processes. A central theme will be the development of “people” skills to help all employees- staff, front-line supervision, and management- improve their effectiveness.

This course provides an overview of the myriad of human resource management activities performed in the workplace. Topics include human resource planning, job analysis, staffing, recruitment, selection, retention, training and talent development, compensation and benefits, legal aspects, DE&I, discipline, performance management, labor relations, ethics, and health and safety.

Exploration of values and ethics in businesses that operate locally and internationally. Moral philosophies, values, conflict of interests, discrimination, business cultures, and ethical standards are critically presented. Ethical leadership of people, technology and sustainability are used in the development and implementation of ethical business programs.

PrerequisiteComplete all “Preparation for the Major” courses and all other courses listed as “Requirements for the Major.”

Application of strategic management principles to develop, organize, finance, and operate a business enterprise. Integrates and applies knowledge and skills gained in other business and management courses to create a competitive strategy.

Required Specialization Courses

Course Name

Building on the fundamentals of microeconomics, this course covers the market and market equilibrium, budget constraints, revealed preference and intertemporal choice, industrial organization and profit maximization, game theory, welfare economics, information technology, and asymmetric information.

Building on core macroeconomic principles, this course prepares you for exploring and analyzing contemporary macroeconomic issues. Coursework focuses on the measurement of income, prices and employment; monetary and fiscal policy; financial markets; the public sector; international trade and finance; and current global issues.

This course analyzes secondary-source economic data, such as that gathered by the World Bank, the International Monetary Fund (IMF), Organization of European Community for Development (OECD), and various U.S. government sources. You’ll focus on the basic tools of mathematical and statistical analysis as you learn to convert commercial, financial, and budgetary information into meaningful economic conclusions.

Specialization Electives

Select two courses from the following:

Course Name

In this course, you’ll explore theories and explanations for economic growth from a positive perspective. The framework for your analysis will derive from the following productivity factors: physical and human capital, productivity measurement, efficiency and the role of technology, economic openness, distribution of income, and inherent characteristics such as culture, geography, and natural resources.

A survey of basic capitalistic principles and market process economics. Coursework will explore the nature and importance of capitalism, wealth and its role in human life, natural resources and the environment, the division of labor and production, pricing systems and controls, and economic coordination. With a fundamental understanding of capitalism, you’ll then compare and contrast it with other economic systems.

This course makes a detailed study of the labor market and the economic forces that affect it. You’ll study the demand for and supply of labor, the causes of unemployment, and the relationship between the labor market and other markets. Coursework will also examine such topics as labor market discrimination, influences on labor productivity, the effects of labor unions, and wage determination.

In this course, you’ll apply what you’ve learned in previous economics courses to analysis of the global economy. You’ll apply the law of comparative advantage to understand the universal advantages of international trade. Trade agreements, such as GATT and NAFTA, will be discussed and analyzed, and you’ll examine the qualities and quirks of currency markets and different types of monetary systems.

A study of the U.S. monetary and financial systems and the role they play in facilitating the production of wealth in the economy. You’ll explore the theory and practicalities of money; the Federal Reserve System and monetary policy; how interest rates are determined, stock and bond prices; and the different types of financial institutions that facilitate the flow and function of money.

Learning Outcomes

Students earning the Bachelor of Arts in Management degree with an Economics specialization will learn to:

  • Apply ethical and legal principles to a business environment
  • Apply skills and knowledge in business math, economics, accounting, finance, and operations management needed to make sound business decisions
  • Apply knowledge in the fields of management, information systems, and marketing to different business environments
  • Apply fundamental business knowledge to the analysis of strengths, weaknesses, and potential improvements in a business enterprises
  • Conduct independent research relevant to business-related issues
  • Demonstrate the writing, presentation, research, and teamwork skills expected of a business school graduate at the bachelor level
  • Apply a global business perspective based on a knowledge of foreign business environments and cultures
Program Disclosure

Successful completion and attainment of National University degrees do not lead to automatic or immediate licensure, employment, or certification in any state/country. The University cannot guarantee that any professional organization or business will accept a graduate’s application to sit for any certification, licensure, or related exam for the purpose of professional certification.

Program availability varies by state. Many disciplines, professions, and jobs require disclosure of an individual’s criminal history, and a variety of states require background checks to apply to, or be eligible for, certain certificates, registrations, and licenses. Existence of a criminal history may also subject an individual to denial of an initial application for a certificate, registration, or license and/or result in the revocation or suspension of an existing certificate, registration, or license. Requirements can vary by state, occupation, and/or licensing authority.

NU graduates will be subject to additional requirements on a program, certification/licensure, employment, and state-by-state basis that can include one or more of the following items: internships, practicum experience, additional coursework, exams, tests, drug testing, earning an additional degree, and/or other training/education requirements.

All prospective students are advised to review employment, certification, and/or licensure requirements in their state, and to contact the certification/licensing body of the state and/or country where they intend to obtain certification/licensure to verify that these courses/programs qualify in that state/country, prior to enrolling. Prospective students are also advised to regularly review the state’s/country’s policies and procedures relating to certification/licensure, as those policies are subject to change.

National University degrees do not guarantee employment or salary of any kind. Prospective students are strongly encouraged to review desired job positions to review degrees, education, and/or training required to apply for desired positions. Prospective students should monitor these positions as requirements, salary, and other relevant factors can change over time.