1990-1991 Academic Catalog

ECON-313 Government and Business-Sp 4 hours A study of the governmental agencies and their effect on American business. Case studies and current events are developed to show the trends and status of various laws and regula– tions. The economic impact and difficulties which arise in managing a business are reviewed. Prerequisite: ECON-232 Microeconomics. (odd years) ECON-331 Money and Banking-Sp 4 hours A study of the principles of money, credit, and banking; and the operation of the banking system. Prerequisite: ECON-232 Microeconomics. ECON-334 History of Economic Thought-Sp 4 hours Principal figures in the development of economic ideas, and the contribution of each period of economic thought from the mercantilist to the present. Prerequisite: ECON-232 Microeconomics. (even years) ECON-335 Comparative Economic Systems-A 4 hours Analysis of the major economic systems existing in the world today. This involves, among others, capitalism, socialism, communism, and fascism. The economies of France, China, Japan, and Yugoslavia are considered. Prerequisite: ECON-232 Microeconomics. (odd years) ECON-337 Labor Economics-A 4 hours An examination of the role of unions and the labor market in a free enterprise system. Emphasis is given to the impact of unions as a social institution in the collective bargaining process. Labor legislation and the labor movement are studied from both a historical and current perspective. Prerequisite: ECON-232 Microeconomics. (even years) ECON-339 Public Finance - Sp 4 hours A consideration of the financing of local, state, and federal governments. Much attention is given to three functions of government: stabilization, distribution, and allocation. All major taxes which are present in the United States are studied as to structure, revenue gained, and present status. Prerequisite: ECON-231 Macroeconomics. (even years) FIN-171 Personal Finance -A, Sp 4 hours The position of the consumer in the marketplace; practices in consumer efficiency in planning, buying, using schedules, budgeting, bank accounts, charge accounts, installment buying, borrowing, saving, insurance, income tax preparation, and maintenance and conser– vation of consumer goods are emphasized. Special attention is given to housing, the automo– bile, medical and legal services, leisure pursuits, government services, and other major con– sumer purchases. (Credit not applicable to meet business elective requirements.) FIN-273 Church Business Administration - W 4 hours A study of the principles and procedures of the financial management of the local church organization. Prerequisite: ACCT-212 Principles of Accounting, CIS-223 Microcomputer Applications. (Credit not applicable to meet business elective requirements.) FIN-371 Business Finance-A, W, Sp 4 hours A study of the practical and theoretical aspects of financial decision making. Topics in– clude cost of capital, capital structure, management of current assets, capital budgeting, sources of funds, and statement analysis. Prerequisite: ACCT-212 Principles ofAccounting and BUS- 212 Statistics. FIN-372 Corporate Financial Management 4 hours Advanced consideration of theory and problems relating to the effective use of capital in business enterprises, working capital management, capital budgeting, capital structure, cost of capital, and dividend policy. Prerequisite: FIN-371 Business Finance. FIN-373 Investments-A 4 hours A study of the various types of investments including stocks, bonds, mutual funds, com– mercial, paper, options, and commodities. Particular emphasis is given to return and risk in developing investment strategies. Prerequisite: FIN-371 Business Finance. FIN-375 Financial Institutions - Sp 4 hours An integrated and comprehensive analysis of financial markets and institutions emphasiz– ing financial intermediaries and their operation in the markets. Prerequisites: FIN-371 Busi– ness Finance. FIN-377 Investments Analysis and Management-W 4 hours The theory and practice of security analysis techniques and portfolio management objec– tives. Prerequisite: FIN-373 Investments. FIN-379 Problems in Business Finance-A 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. Prerequisite: FIN-372 Corporate Financial Management. MGMT-350 Principles of Organization and Management-A, W, Sp 4 hours An examination of the policies, principles, practices, and problems involved in the organi– zation and management of business concerns. MGMT-351 Small Business Management-Sp 4 hours A course dealing with the program involved in establishing and managing a small busi– ness. Financial organization, services, and problems are analyzed. Prerequisites: ACCT-212 Principles ofAccounting, MGMT-350 Principles of Organization and Management, anc;l MRKT- 360 Principles ofMarketing. MGMT-352 Production and Operations Management-A 4 hours Introduction to the concepts, methodologies, and application of production and operations management. Designed to develop problem solving and decision making skills for applica– tion in the operations and production areas of the firms. Designed to develop an appreciation for the interaction of operations management with the management systems of organization. Prerequisites: ACCT-212 Principles of Accounting, BUS-212 Statistics, MGMT-350 Prin– ciples of Organization and Management. MGMT-353 Personnel Management- W 4 hours An analysis of the principal functions, processes, and problems involved in the manage– ment of personnel policies; selection, training, promotion, compensation, and discharge of personnel; labor turnover, safety, health, and recreation. Prerequisite: MGMT-350 Principles ofManagement or permission of instructor. MGMT-354 Management Science-Sp 4 hours An introduction to linear programming, transportation and assignment problems, network flow problems, and inventory systems. The linear programming, transportation and assign– ment, network flow, and inventmy models are solved and their use demonstrated by various applications. Prerequisite: BUS-212 Statistics. (even years)