Administration, business, and economics provide a broad base of understanding commerce. While administration is more focused on management issues, business examines the different disciplines involved such as distribution, accounting, marketing, human resources and operations. Economics is the study of the factors driving business, like supply and demand.

A bachelor’s degree is a three- or four-year undergraduate degree and is the standard for higher education throughout most of the world. Bachelor’s degrees can be earned at state universities, private universities, community colleges, and online universities.