1986-1987 Academic Catalog

11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 Business Admi 11 istratio 11 61 This involves, among others, capitalism, socialism, communism, and fascism. The economies of France, China, Japan, and Yugoslavia are considered. Prerequisite: 11-232 Principles of Economics. (Alternate, odd years) 11-337 Labor Economics - Sp 4 hours An examination of the role of unions and the labor market in a free en– terprise system. Emphasis is given to the impact of unions as a social in– stitution in the collective bargaining process. Labor legislation and the labor movement are studied from both a historical and current perspec– tive. Prerequisites: 11-232 Principles of Economics. (Alternate, odd years) 11-339 Public Finance - Sp 4 hours A consideration of the financing of local, state, and federal govern– ments. Much attention is given to three functions of government: stabili– zation, distribution, and allocation. All major taxes which are present in the United States are studied as to structure, revenue gained, and present status. Prerequisite: 11-231 Principles of Economics. (Alternate, even years) FINANCE 11-171 Personal Finance -A 4 hours . The position of the consumer in the marketplace; practices in con– sumer efficiency in planning, buying, using schedules, budgeting, bank accounts, charge accounts, installment buying, borrowing, saving, in– surance, income tax preparation, and maintenance and conservation of consumer goods are emphasized. Special attention is given to housing, the automobile, medical and legal services, leisure pursuits, government services, and other major consumer purchases. 11-173 Church Financial Management-W 3 hours A study of the principles and procedures of the financial management of the local church organization. This course is designed for both busi– ness and nonbusiness majors. The topics of financial record keeping, purchasing, financing, building projects, financial reports, insurance, property management, advertising, pastor's salary, pensions, social se– curity, housing, investment, and church organization are treated. 11-217 Real Estate Principles 4 hours Fundamental principles and theories of real estate including the law of licensing, regulations regarding advertising, financing, settlements, codes of ethics, and the market cycle. Factors affecting real estate such as urban land economics, city planning, urban development regulations of land use, principles of value and real estate evaluation, ownership, na– ture and classification of land, management of property, law, and market analysis are examined. (Alternate, odd years) U-218 Real Estate Law - 4 hours Legal aspects of real estate as they pertain to the sale, purchase, and management of real property. Titles, deeds, restrictions, agreements of sale, mortgages, liabilities for injuries, brokerage law, and judgments and liens are also examined-. The student studies Ohio real estate law, in– cluding rights incident to property ownership and management, agency contracts, and application to real estate transfer conveyancing, probate proceedings, trust deeds, and foreclosure, general real estate forms, as well as recent legislation governing real estate transactions. (Alternate, even years) 11-371 Business Finance-A, W, Sp 4 hours A study of the practical and theoretical aspects of financial decision making. Topics include cost of capital, capital structure, management of current assets, capital budgeting, sources of funds, and statement analy– sis. Prerequisites: 11-102 Principles of Accounting and 11-212 Quan– titative Methods. 11-372 Corporate Financial Management -A 4 hours Advanced consideration of theory and problems relating to the effec– tive use of capital in business enterprises, working capital management, capital budgeting, capital structure, cost of capital, and dividend policy. Prerequisite: 11-371 Business Finance 11-373 Investments- W 4 hours A study of the various types of investments including stocks, bonds, mutual funds, commercial, paper, options, and commodities. Particular emphasis is given to return and risk in developing investment strategies. Prerequisite: 11-371 Business Finance. 11-375 Financial Institutions - Sp 4 hours An integrated and comprehensive analysis of financial markets and in– stitutions emphasizing financial intermediaries and their operation in the markets. Prerequisite: 11-371 Business Finance. 11-377 Investments Analysis and Management - Sp 4 hours The theory and practice of security analysis techniques and portfolio management objectives. Prerequisite: 11-373 Investments. 11-379 Prnblems in Business Finance - W 4 hours Case study of financial management in business enterprises. Planning current and long-run financial needs, profit planning, fund allocating, fund raising, dividend policies, expansion, and combination. Prerequi– site: 11-372 Corporate Financial Management. MANAGEMENT 11-251 Principles ofOrganization and Management -A, W, S 4 hours An examination of the policies, principles, practices, and problems in– volved in the organization and management of business concerns.