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New Mexico State University

Economics & International Business Department

Economics Majors

Economics explains why prices rise or fall; why incomes are high or low; why people live better in some countries than in others; why recessions and unemployment occur; and why governments play active roles in the economy. Course offerings include Latin American economic development, the economics of the border region, public finance, labor, natural resources, health care, sports, and public utility regulation. You will be prepared for a variety of careers ranging from those as economists in business, government and nonprofit organizations to the law. Economics is a common major of people who later become CEOs of major corporations.

International Business (IB) Majors




More and more businesses in the United States have contacts with customers or sources of supply abroad. An increasing proportion of American business output is sold to foreign buyers. A growing percentage of materials used to make products in the U.S. come from outside its boundaries. Similar trends exist in most nations. Business transactions frequently involve a payer in one nation and a payee in another. Investment and lending are increasingly international in character. This major will help you acquire the skills and knowledge in general business along with knowledge of a foreign language and a specialization in another business discipline such as marketing, management, information systems, economics, accounting or finance.


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Our advantage as international business majors is that we have the chance to study abroad and live and learn in a different country. Stephen Crespin, Class of 2009

Minors

We offer minors in Economics, Intelligence Studies (for Business majors only) and International Business.

Shared minors offered in collaboration with the Department of Government in the College of Arts & Sciences are Global Political Economy and U.S./Mexico Border Relations.

Graduate Degrees

Our masters-level degrees include an MBA specialization in International Business for MBA students, a Master of Arts in Economics (including a Regulatory Economics Option, Policy and Analysis Option and an Applied Econometrics Option ), a Master of Science in Agricultural Economics and a Master of Science in Experimental Statistics.

Our Doctor of Economic Development (DED) is a professional degree primarily intended to provide advanced applied training for economic development professionals, and can be seen as the link between academic research in economic development and “real world” economic development problems.