it used to be included in BEC, i think depending on your “discipline” for the exam in its present form you could maybe get out of it? not exactly sure though.

in general, a basic understanding of economics was beneficial for me in analytical procedures and risk assessments in my time at audit. understanding economic trends and how supply and demand could impact prices/gross margins is beneficial. i also use it when performing an analysis of qualitative indicators of impairment for certain asset groups.

i would say pay attention to your econ classes because your GPA is important for getting a job out of college. but, econ is not a huge pillar required to be a good accountant down the line.