1991-1992 Academic Catalog

82 Business Administration 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 ofEconomic 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-336 International Trade and Economics-W 4 hours A study of international economic theory and international trade policy. The economic basis of trade and factor mobility, the benefits of international trade, and the barriers to international trade flows will be examined. Prerequisite: ECON-232 Microeconomics or permission from instructor. 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-338 Development Economics and Political Economy-Sp 4 hours A study of the interaction of political and economic systems to produce economic devel– opment and growth of nation states. A framework for analysis of development is explored and applied to specific case studies of both industrial and developing economics that have recently undergone significant change. Prerequisite: ECON-231 Macroeconomics and ECON- 232 Microeconomics or permission of instructor. ECON-339 Public Finance- Sp 4 hours A consideration of the financing of local, state,.and federalgovemments. 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) Finance 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. (Credit not applicable to meet business elective requirements.) FIN-273 Church BusinessAdministration-W 4 hours A study of the principles and procedures of the financial management of the local church organization. Prerequisite: ACCT-212 Principles ofAccounting, CIS-223 MicrocomputerAp– plications. (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 of Accounting 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 InvestmentsAnalysis 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 snidy offinancial 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 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 andmanagement ofbusiness 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 of Accounting, MGMT-350 Principles of Organization and Management, and 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.