Business, Markets, and Society

Undergraduate pre-requisite: Required of all Questrom first year students in their first term. Open to non-Questrom students who have completed one full-time term at Boston University. - SM131 provides students with a philosophical, economic, and applied foundation for understanding the functions of business and the role of business, markets, governments, and other stakeholders in society. It is the first course in the Questrom BSBA curriculum and is a required course for the Minor. It introduces the functions of business, explains the roles of businesses in markets, and explores the roles of business in society and the interactions between business and other economic actors. Along the way, the course introduces students to Questrom's critical and analytic thinking, communication curriculum (including both written and verbal communication), teaming curriculum, and fosters civil discourse on issues related to the strategic conduct of business and the roles of business and markets in society. Effective Fall 2023, this course fulfills a single unit in each of the following BU Hub areas: Ethical Reasoning, Teamwork/Collaboration. Effective Fall 2025, this course fulfills a single requirement in each of the following BU HUB areas: Ethical Reasoning, Research and Information Literacy, Teamwork/Collaboration.