Managerial Economics

(College of Agricultural and Environmental Sciences)

Advising Office. 1176 Social Sciences and Humanities Building; 530-754-9536; http://manecon.ucdavis.edu

Faculty. https://are.ucdavis.edu/people/faculty/

(College of Agricultural and Environmental Sciences)

Advising Office. 1176 Social Sciences and Humanities Building; 530-754-9536; http://manecon.ucdavis.edu

Faculty. https://are.ucdavis.edu/people/faculty/

The Major Program

The Managerial Economics major at UC Davis is a disciplinary program combining strong preparation in microeconomic theory and quantitative methods. It prepares students for the analysis of management and policy issues in business, finance, marketing, production, agriculture, food distribution, natural resources, the environment, resource allocation, and international trade and development. Students specialize in one or more emphases selected from the following:

  1. Business Economics focuses on the economic aspects of managerial decision-making essential for solving problems in business, management, marketing, and finance.
  2. International Business Economics explores the economic drivers and policy challenges in the major emerging markets and focuses on how these markets are impacting the world economy.
  3. Environmental and Resource Economics concentrates on issues related to the use of resources and environmental quality.
  4. Agribusiness Economics focuses on the economic and policy aspects of production and marketing of foods and fibers.
    Students in the Managerial Economics program develop valuable skills and strengths that lead to careers in business and government.

Major Advisor. Contact undergraduate advisors at manecon@primal.ucdavis.edu.

Internships and Career Alternatives. Internships for students in Managerial Economics provide additional career experience, information, and preparation in a variety of business enterprises and governmental agencies. For more information, see http://icc.ucdavis.edu/. Managerial Economics majors have established careers in every area of business and industry, including marketing, analysis, consulting, financial services, accounting, entrepreneurship, real estate and government. Many graduates have entered advanced degree programs in business management, accounting, finance, agricultural and resource economics, economics, public policy, and law.

Study Abroad. The Agricultural and Resource Economics department encourages students to complement their Managerial Economics degree with a study abroad experience. Students must seek pre-approval from a Managerial Economics staff advisor for major-related courses. A total of two upper-division courses (maximum four units each) may be applied to major requirements. However, core courses (ARE 100A, 100B, 106, 155, and ECN 101) are excluded. Students are expected to complete ARE 100A and STA 103 prior to taking upper-division classes abroad for the major.

Domestic Institutions.  Upper-division coursework taken at other four-year institutions for credit in the major must be reviewed by a Managerial Economics staff advisor.

Graduate Study. Students who meet the admission requirements of Graduate Studies and the Department of Agricultural and Resource Economics may pursue studies leading to the M.S. and Ph.D. degrees. For information on admission to graduate study and degree requirements, consult the Graduate Program Coordinator in the Department of Agricultural and Resource Economics; also see http://agecon.ucdavis.edu.

Preparatory Subject Matter
Units: 39-41
ARE 018
Business Law (Active)
4
PLS 021
Application of Computers in Technology (Active)
3
or
ECS 015
Introduction to Computers (Active)
4
MGT 011A
Elementary Accounting (Active)
4
MGT 011B
Elementary Accounting (Active)
4
The following must be completed with a grade of C- (or P) or better:
 
ECN 001A
Principles of Microeconomics (Active)
4
or
ECN 001AV
Principles of Microeconomics (Active)
4
ECN 001B
Principles of Macroeconomics (Active)
4
MAT 016A
Short Calculus (Active)
3
MAT 016B
Short Calculus (Active)
3
MAT 016C
Short Calculus (Active)
3
or
MAT 017A
Calculus for Biology and Medicine (Active)
4
MAT 017B
Calculus for Biology and Medicine (Active)
4
or
MAT 021A
Calculus (Active)
4
MAT 021B
Calculus (Active)
4
STA 013
Elementary Statistics (Active)
4
or
STA 013Y
Elementary Statistics (Active)
4
STA 103
Applied Statistics for Business and Economics (Active)
4
Major English Requirement
Units: 8
The following must be completed with a grade of C- (or P) or better:
 
CMN 001
Introduction to Public Speaking (Active)
4
or
CMN 003
Interpersonal Communication Competence (Active)
4
or
CMN 003Y
Interpersonal Communication Competence (Active)
4
UWP 104A
Writing in the Professions: Business Writing (Active)
4
The upper-division composition exam will not satisfy this requirement.
 
Depth Subject Matter
Units: 52-55
Core
20
It is strongly recommended that students complete core courses during their third year.
 
ARE 100A
Intermediate Microeconomics: Theory of Production and Consumption (Active)
4
ARE 100B
Intermediate Microeconomics: Imperfect Competition, Markets and Welfare Economics (Active)
4
ARE 106
Econometric Theory and Applications (Active)
4
ARE 155
Operations Research and Management Science (Active)
4
ECN 101
Intermediate Macro Theory (Active)
4
Restricted Electives
32-35
Choose at least one of the emphases below:
 
Business Economics
32
Choose 16 units:
16
ARE 107
Econometrics for Business Decisions (Active)
4
ARE 112
Fundamentals of Organization Management (Active)
4
ARE 118
Tax Accounting (Active)
4
ARE 119
Intermediate Managerial Accounting (Active)
4
ARE 136
Managerial Marketing (Active)
4
ARE 157
Analysis for Operations and Production Management (Active)
4
ARE 171A
Financial Management of the Firm (Discontinued)
4
ARE 171B
Financial Management of the Firm (Discontinued)
4
Choose remaining 16 units from the above list or from:
16
ARE 115A
Economic Development (Active)
4
ARE 115B
Economic Development (Active)
4
ARE 120
Agricultural Policy (Active)
4
ARE 121
Economics of Agricultural Sustainability (Active)
4
ARE 130
Agricultural Markets (Active)
4
ARE 132
Cooperative Business Enterprises (Active)
4
ARE 138
International Commodity and Resource Markets (Active)
4
ARE 139
Futures and Options Markets (Active)
4
ARE 140
Farm Management (Active)
4
ARE 143
Investments (Active)
4
ARE 144
Real Estate Economics (Active)
4
ARE 145
Farm and Rural Resources Appraisal (Active)
4
ARE 146
Business, Government Regulation, and Society (Active)
4
ARE 150
Agricultural Labor (Active)
4
ARE 156
Introduction to Mathematical Economics (Active)
4
ARE 165
Emerging Economies and Globalization (Active)
4
ARE 175
Natural Resource Economics (Active)
4
ARE 176
Environmental Economics (Active)
4
ARE 194HA
Special Study for Honors Students (Active)
4
ARE 194HB
Special Study for Honors Students (Active)
4
ECN 115A
Economic Development (Active)
4
ECN 115B
Economic Development (Active)
4
ECN 121A
Industrial Organization (Active)
4
ECN 121B
Industrial Organization (Active)
4
ECN 151A
Economics of the Labor Market (Active)
4
ECN 151B
Economics of Human Resources (Active)
4
ECN 160A
International Microeconomics (Active)
4
ECN 160B
International Macroeconomics (Active)
4
ESP 175
Natural Resource Economics (Active)
4
International Business Economics
32
Choose 20 units:
20
ARE 107
Econometrics for Business Decisions (Active)
4
ARE 115A
Economic Development (Active)
4
ARE 115B
Economic Development (Active)
4
ARE 138
International Commodity and Resource Markets (Active)
4
ARE 139
Futures and Options Markets (Active)
4
ARE 146
Business, Government Regulation, and Society (Active)
4
ARE 165
Emerging Economies and Globalization (Active)
4
ECN 115A
Economic Development (Active)
4
ECN 115B
Economic Development (Active)
4
ECN 160A
International Microeconomics (Active)
4
ECN 160B
International Macroeconomics (Active)
4
ECN 171
Economy of East Asia (Active)
4
Choose the remaining 12 units from the above list or from:
12
ARE 130
Agricultural Markets (Active)
4
ARE 171A
Financial Management of the Firm (Discontinued)
4
ARE 171B
Financial Management of the Firm (Discontinued)
4
ARE 175
Natural Resource Economics (Active)
4
ARE 176
Environmental Economics (Active)
4
ECN 121A
Industrial Organization (Active)
4
ECN 121B
Industrial Organization (Active)
4
ESP 175
Natural Resource Economics (Active)
4
POL 130
Recent U.S. Foreign Policy (Active)
4
Environmental and Resource Economics
32
Choose 8 units:
8
ARE 175
Natural Resource Economics (Active)
4
ARE 176
Environmental Economics (Active)
4
ESP 175
Natural Resource Economics (Active)
4
Choose 20 units:
20
ARE 107
Econometrics for Business Decisions (Active)
4
ARE 120
Agricultural Policy (Active)
4
ARE 132
Cooperative Business Enterprises (Active)
4
ARE 138
International Commodity and Resource Markets (Active)
4
ARE 140
Farm Management (Active)
4
ARE 145
Farm and Rural Resources Appraisal (Active)
4
ARE 146
Business, Government Regulation, and Society (Active)
4
ARE 150
Agricultural Labor (Active)
4
ARE 156
Introduction to Mathematical Economics (Active)
4
ECN 125
Energy Economics (Historical)
4
ECN 130
Public Microeconomics (Active)
4
ESP 168A
Methods of Environmental Policy Evaluation (Active)
5
ESP 168B
Methods of Environmental Policy Analysis (Active)
4
ESP 178
Applied Research Methods (Active)
4
Choose the remaining 4 units from the above list or from:
4
Upper division in Agricultural and Resource Economics.
 
Upper division in Economics.
 
ESP 160
The Policy Process (Active)
4
ESP 161
Environmental Law (Active)
4
ESP 163
Energy and Environmental Aspects of Transportation (Active)
4
ESP 167
Energy Policy (Active)
4
ESP 171
Urban and Regional Planning (Active)
4
ESP 172
Public Lands Management (Historical)
4
ESP 173
Land Use and Growth Controls (Active)
4
ETX 138
Legal Aspects of Environmental Toxicology (Active)
3
Agribusiness Economics
32
Choose 16 units:
16
ARE 107
Econometrics for Business Decisions (Active)
4
ARE 120
Agricultural Policy (Active)
4
ARE 121
Economics of Agricultural Sustainability (Active)
4
ARE 130
Agricultural Markets (Active)
4
ARE 132
Cooperative Business Enterprises (Active)
4
ARE 138
International Commodity and Resource Markets (Active)
4
ARE 139
Futures and Options Markets (Active)
4
ARE 140
Farm Management (Active)
4
ARE 145
Farm and Rural Resources Appraisal (Active)
4
ARE 150
Agricultural Labor (Active)
4
Choose the remaining 16 units from the above list or from:
16
Upper division in Agricultural and Resource Economics.
 
Upper division in Economics.
 
Exceptions to all emphases. The following courses do not apply toward any emphasis: ARE 113, 135, 142, 147, 147M, ECN 102, 134, 140, 162.
 
Completing more than one emphasis. Courses may overlap between emphases. Requirements must be fulfilled as outlined in each emphasis with a minimum of 32 units.
 
Students must attain a major GPA of at least a C average (2.000) in courses taken for depth subject matter (core and restricted electives). These courses must be taken for a letter grade. All restricted elective courses taken will be calculated as part of the major GPA, including courses with F grades that have not been repeated.
 
Total: 99-104

(College of Agricultural and Environmental Sciences)

Advising Office. 1176 Social Sciences and Humanities Building; 530-754-9536; http://manecon.ucdavis.edu

Faculty. https://are.ucdavis.edu/people/faculty/

Preparation for the minor includes ECN 001A or 001AV, and 001B; MAT 016A- 016B-016C or 017A-017B or 021A-021B; STA 013 or 013Y, and 103, with grades of C- (or P) or better.

One upper-division class to satisfy the minor may be taken for passed/not passed grading. A total of two upper-division courses (maximum four units each) may be taken through UC Study Abroad, all other courses must be taken in residence. Students must seek pre-approval from a Managerial Economics staff advisor for any international courses.

Students must attain a minor GPA of at least a C average (2.000) in courses taken for the minor. All upper-division courses taken toward minor requirements will be calculated as part of the minor GPA, including courses with F grades that have not been repeated.

Managerial Economics Minor
Units: 24
ARE 100A
Intermediate Microeconomics: Theory of Production and Consumption (Active)
4
ARE 100B
Intermediate Microeconomics: Imperfect Competition, Markets and Welfare Economics (Active)
4
ARE 106
Econometric Theory and Applications (Active)
4
Choose 12 units:
12
ARE 107
Econometrics for Business Decisions (Active)
4
ARE 112
Fundamentals of Organization Management (Active)
4
ARE 130
Agricultural Markets (Active)
4
ARE 136
Managerial Marketing (Active)
4
ARE 138
International Commodity and Resource Markets (Active)
4
ARE 139
Futures and Options Markets (Active)
4
ARE 143
Investments (Active)
4
ARE 145
Farm and Rural Resources Appraisal (Active)
4
ARE 146
Business, Government Regulation, and Society (Active)
4
ARE 150
Agricultural Labor (Active)
4
ARE 155
Operations Research and Management Science (Active)
4
ARE 156
Introduction to Mathematical Economics (Active)
4
ARE 157
Analysis for Operations and Production Management (Active)
4
ARE 165
Emerging Economies and Globalization (Active)
4
ARE 175
Natural Resource Economics (Active)
4
ARE 171A
Financial Management of the Firm (Discontinued)
4
ARE 171B
Financial Management of the Firm (Discontinued)
4
ARE 176
Environmental Economics (Active)
4
Total: 24