Undergraduate

At Cornerstone University, you’ll get the full college experience with a Christ-centered worldview. Learn more about the undergraduate experience below.

Adult

Persevere in what you know you’re capable of. Our programs for adults provide a creative approach to learning anchored in Christ-centered virtues as you follow your unwavering purpose.

Graduate

Go further as an influencer in your work and community. Our graduate programs prepare you to open new doors as you reach your God-given potential.

Grand Rapids
Theological Seminary

At Grand Rapids Theological Seminary, we're dedicated to learning, serving and leading through rigorous scholarship and a humble approach to Scripture.

Create Without Ceasing

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Explore Undergraduate

Business Economics

Asking the right questions guides us toward truth. The business economics program at Cornerstone University molds students who are willing to ask transformative questions about business data, societal problems and public policy. By mastering the powerful logic of economic science, statistical analysis and the truths of Scripture, business economics students from Cornerstone emerge as courageous thought leaders who are ready to influence the world for Christ.

Degree Type

  • Bachelor of Science
  • Minor

Academic Division

  • Business Division

Format

  • Residential

0%

Of business economics graduates from the class of 2019 were employed within six months.

0:1

Student-to-faculty ratio with an average class size of 22.

0%

Of students participate in internship or practicum experiences.

In the Business of
Creating Lasting Change

As a business economics major, you’ll understand the real-world realities of supply and demand. You’ll be equipped to understand how all human interactions relate to economics in large corporations, small businesses, political organizations, nonprofits, churches, families and more. Our economics graduates go on to provide wise economic insight to global organizations, investment firms, hedge funds, missions agencies and churches. In a world full of opinions about what fairness and equity look like, Cornerstone economists are enabled to discern when unbalanced weights and measures are being used and how to remedy such injustices in a multicultural world.

Upon graduation, our alumni will enter the workforce prepared to face financial, ethical, political and social challenges with discernment. Whether they are managing accounts for large firms or small nonprofits, developing economic forecasts or analyzing massive data sets, you will be backed by a nationally-recognized education and will graduate from Cornerstone with a passion to ceaselessly pursue the Lord and the truth about interpersonal human action in the business world and far beyond.

Careers

Graduates from the business economics program find themselves in crucial business positions all around the world. You will excel in your career whether you become a consultant, political scientist or data analyst.

Opportunities

  • Creation of forecasting models
  • Data analysis or financial planning
  • Economic development or politics
  • Insurance, law or policy consultation
  • Actuarial science

Internships

Our business economics students gain real-world experience before they even graduate by interning with one of our global partners. Find out more about how you will make an impact as a student.

Opportunities

  • Amway
  • Blue Medora
  • Lake Michigan Credit Union
  • Meijer
  • Steelcase

Course List

The business economics program at Cornerstone is designed to inspire your intellect, deepen your character and prepare you to lead in your career with influence and wisdom.

From caring professors to one-on-one advising appointments, we have resources to support you in reaching your goals and being successful in your classes. Select a sample degree plan to see a list of the classes you’ll take as a student with a major in business economics.

Three-Year Planning Guide (PDF)

Four-Year Planning Guide (PDF)

Accounting Core Courses

ACC-221 Accounting I

An introduction to the fundamental principles of financial accounting. Accounting cycle, asset valuation, short-term liabilities, payroll, income determination and financial reporting are emphasized.

ACC-222 Accounting II

A continuation of ACC-221 and managerial accounting topics. Long-term liabilities, owner’s equity, cash flow and interpretation of financial statements. Cost accounting and managerial accounting and analysis will be introduced.

Business Core Courses

BUS-211 Business Statistics

Descriptive statistics including measures of central tendency and standard deviation, time series analysis, statistical inference with emphasis upon testing of hypotheses and measures of association and application of these techniques to decision-making and planning. Emphasis is placed on methods for defining, researching, analyzing and evaluating problems found in business.

BUS-213 Business Communications

This course is a study of the effective communication skills as applied to business organizations, including written, oral and mediated communication. An experiential learning approach will be used to apply course knowledge to creating the communication required to start a new business or nonprofit.

BUS-241 Personal Finance

A study of the principles and practices of personal stewardship through the lens of a Christian worldview. Students apply learning by synthesizing their own personal financial plan. Topics include budgeting, taxes, banking, credit, investments, retirement, estate planning, education funding, contentment and generosity.

BUS-361 Business Law

A study of the legal process, negligence, wills, trusts and estates, property law, contracts, negotiable instruments, bank deposits, secured transactions, bankruptcy, business enterprises, administrative law, agency and employment law. Emphasis is placed on the practical application of legal concepts in the business world and the relationship between the Bible and business law concepts.

Economics Core Courses

ECN-231 Macroeconomics

Emphasis upon macroeconomic theories, principles and theories of national income determination, consumption, investment, savings, business cycles, prices and money, the banking system and monetary and fiscal policy.

ECN-232 Microeconomics

Emphasis upon general microeconomic theory, an introduction to theories of consumer behavior, product demand, cost and supply, production, the firm and its markets and capital and pricing factors.

ECN-321 Managerial Economics

This course is designed to provide students with the tools from intermediate microeconomics, game theory, and industrial organization that they need to make sound managerial decisions. Topics include present value analysis, supply and demand, regression, indifference curves, isoquants, production, costs and the basic models of perfect competition.

ECN-334 Money & Banking

This course will focus on the role of money in the economy. Topics include money flows, the Federal Reserve System, banking regulation and performance.

ECN-335 International Economics

A detailed study of international trade and finance with both macro and micro applications. Topics include international accounting standards, exchange rates, foreign direct investment, international markets and financial control in an international setting.

ECN-336 Economic Development

Theoretical and empirical investigation of economic development of under-developed countries. Includes a study into the nature and causes of poverty along with discussions on our role as Christians in the third world developing countries. The course includes a case-study of a low-income nation using various standard of living measures.

ECN-380 Internship

This course will be aimed at practical work experience in a business setting. Students will have opportunities to apply classroom knowledge to business world situations in economics.

Finance Core Course

FIN-341 Principles of Finance

Basic theoretical framework for decision-making in financial management and the role of the financial manager in capital budgeting, investing and financing activities.

Business Management Core Courses

MGT-231 Principles of Management

This course is an introduction to the four management functions including planning, organizing, leading and controlling. Students will also discuss the integration of faith and business in both personal and corporate contexts.

MGT-432 Capstone Seminar: Strategic Management

This course is the senior level capping course designed to integrate the knowledge and techniques studied in other courses such as accounting, economics, finance, management, marketing, and quantitative methods. It is also designed to provide experience in formulating organizational strategies and policies for meeting specified organizational strategic and operational goals.

Business Marketing Core Course

MKT-251 Principles of Marketing

An introduction to marketing centered on the areas of product, pricing, distribution, and promotion with specific application to market orientation and the marketing function.

Want to Learn More About CU?

Program Features

Off-Campus Study Opportunities

As a Cornerstone business student, you will have the opportunity to study abroad in places such as Dubai and the Netherlands. While there, you will learn how to combine your faith with business in the global marketplace.

Master of Business Administration 4+1 Program

Cornerstone business economics majors have the opportunity to qualify for advanced standing in our Master of Business Administration (M.B.A.) program. This gives you the option to earn both bachelor’s and master’s degrees in as few as five years.

Accreditation

CU is dedicated to continuously improving our academic programs to provide you with the skills needed to reach your career goals. Signifying this, our bachelor’s and master’s business programs are accredited by the Accreditation Council for Business Schools and Programs.

Program Learning Outcomes

Program learning outcomes are the foundation of a CU degree. Explore how our business economics program prepares you with the essential knowledge and 21st-century skills to reach your God-given potential and become a lifelong learner.

The people within the community of Cornerstone caused me to grow in ways that I never thought possible and prepared me for living a God-honoring life outside of campus.

Jeff Halsted (’17)

Faculty

CU professors are devoted to the success of our students. Select a faculty member to learn more about their campus involvement, research interests and teaching responsibilities.

Related Programs

Our accredited Business Division has a wide range of disciplines beyond economics. Take a look at the other programs we offer that could enhance your experience.

Admissions Office

Contact

F:
616.222.1418

Hours

MON - FRI: 8 a.m. - 5 p.m.
SAT & SUN: Closed

Want to Learn More About CU?

Connect With CU

Undergraduate

At Cornerstone University, you’ll get the full college experience with a Christ-centered worldview. Learn more about the undergraduate experience below.

Adult

Persevere in what you know you’re capable of. Our programs for adults provide a creative approach to learning anchored in Christ-centered virtues as you follow your unwavering purpose.

Graduate

Go further as an influencer in your work and community. Our graduate programs prepare you to open new doors as you reach your God-given potential.

Seminary

At Grand Rapids Theological Seminary, we’re dedicated to learning, serving and leading through rigorous scholarship and a humble approach to Scripture.