ECONOMICS

ECON 120. Contemporary Economic Problems
Interpretation and analysis of recent economic events, problems, and policy issues based upon economic principles. (Three credits.)

ECON 200G. Principles of Economics
Basic principles and processes in micro- and macro-economics are surveyed; production, market structures, consumption patterns, role of competition and prices; determinants of national income, employment, inflation, and exchange values and role of monetary and fiscal policy. (Four credits.)

ECON 250. Special Topics
(One to three credits.) May be repeated.

ECON 300. Intermediate Price Theory
A rigorous analysis of the modern micro-economic theory of the behavior of the firm and the individual. Prerequisite: ECON 200. (Three credits.)

ECON 301. Intermediate Macro-economics
A detailed examination of the elements that determine the level of national income. Includes analysis of government fiscal and monetary policies. Prerequisite: ECON 200. (Three credits.)

ECON 310. Regulation and Legislation
Analyzes the forces leading to government regulation, the consequences of such regulation, detailed examination of several regulated industries and environmental policies. Prerequisite: ECON 200. (Three credits.)

ECON 311. Labor, Unions, and Industrialization
An introduction to the institutional aspects of the American labor force and its organization, wage and employment theory, the economic role of collective bargaining, and the basic ingredients of public policy toward labor organizations. Prerequisite: ECON 200. (Three credits.)

ECON 320. Industrial Organization
Analysis of the firm and market structure, conduct, and performance. How market structure affects the conduct of firms, and how both structure and conduct affects firm and market performance. Special emphasis is placed on the relevance of this body of knowledge to the individual business. Prerequisite: ECON 200. (Three credits.)

ECON 331. Political Economy of Development
A study of contemporary theories of the development of industrial societies which stresses the relationships among various social institutions within the society and among different nations. Prerequisites: Junior standing or permission of the instructor. Prerequisite: ECON 200. (Three credits.)

ECON 340. Economics and Law
Microeconomic examination of the social consequences of alternative legal rules including property rights, contract rights, tort liability rules and criminal law. Prerequisites: ECON 200. (Three credits.)

ECON 350. Special Topics in Economics
May be repeated for credit. (Three credits.)

ECON 351. Comparative Economic Systems
An analysis of the significant similarities and differences in the development, structure, operation, and policies of market-directed, controlled, and mixed economies—with special attention to significant characteristics in economies evolving in non-Western societies. Prerequisite: ECON 200. (Three credits.)

ECON 360. International Trade and Finance
An analysis of the forces affecting, as well as the theory and policy of, international trade and finance. The international monetary system, balance of payments, tariff policies, trade practices, and trade organizations will be emphasized—as well as consequences for individual firms, multinational corporations, and government-owned firms. Prerequisite: ECON 200. (Three credits.)

ECON 361. History of Economic Thought
An examination of major contributions to thought and their significance for modern theory. Prerequisite: ECON 200. (Three credits.)

ECON 370. Public Finance
An examination of the theory and practice of government expenditure, revenue, and debt; the problems of integrating these into a meaningful fiscal policy; and their effect on the distribution of income. Prerequisite: ECON 200. (Three credits.)

ECON 371. Introduction to Econometrics
Single equation linear statistical models, estimation and hypothesis testing; serial correlation, heteroscedasticity; errors in variables; introduction to simultaneous equation models. Emphasis on interpretation and application of econometric models and methods. Offered in alternate years. Prerequisite: MATH 106 (Three credits.)

ECON 380. Environmental Economics
Micro-economic analysis of environmental issues. Examines the environmental consequences of alternative forms of resource ownership and allocation methods. Prerequisites: ECON 200. (Three credits.)

ECON 390. Independent Readings
Economic readings selected on an individual basis supervised by a mentoring faculty member. Consent of the instructor required.

ECON 400. Internship
An off-campus experience working in a professional environment under the supervision of a mentor. Permission of instructor required. (Three credits.)

ECON 401. Economic Research Analysis
A capstone study for senior majors in which students choose a topic of inquiry, formulate hypotheses, review the literature, and empirically test their hypotheses and update the literature. Prerequisites: ECON 300 and ECON 301. (Three credits.)

ECON 402. Selective Seminars in Economics
Topics include regional and urban economics, economic development, mathematical economics, and advanced monetary policy. May be repeated for credit. (Three credits.)

ECON 410. Political Economy and Commerce Honors I
Participation in a joint student/faculty discussion of contemporary accounting management or economic policy issues using political economy methodology and analysis. Spring semester of Junior year. Permission of instructor required. (One credit.)

ECON 411. Political Economy and Commerce Honors II
Research on contemporary accounting management or economic policy issue using political economy methodology and analysis. Fall semester of Senior year. (One credit.)

ECON 412. Political Economy and Commerce Honors III
Leadership and presentation in joint student/faculty discussion of contemporary management or economic policy issues using political economy methodology and analysis. Spring semester of Senior year. (One credit.)

ECON 420. Independent Study
May be repeated for credit. (One to three credits.)

BUSINESS ADMINISTRATION

BUSI 105G. Introduction to Commerce
Modern commercial institutions and business methods are examined. Analysis includes both domestic and global economic, social and political considerations. U.S. economic history is also examined. May include case study over time. (Three credits.)

BUSI 211. Quantitative Methods I
An introduction to decision analysis using spreadsheets and data management techniques, data analysis, and hypothesis testing of multivariate data through inferential statistics. Prerequisite: MATH 106. (Also MISY 211. ) (Two credits.)

BUSI 212. Quantitative Methods II
An introduction to design analysis using probabilistic and classical operations research techniques and through survey design and testing. Prerequisite: MATH 106. (Also MISY 212) (Two credits.)

BUSI 218. Business Writing
Fundamentals of business writing and application to professional business writing tasks. Assignments replicate typical business cases and situations, including a report compiling, interpreting and documenting research. Prerequisite: BUSI 105 and ECON 200. (Two credits.)

BUSI 250. Special Topics
(One to three credits.) May be repeated.

BUSI 290. International Business Practicum
A practical experience which combines the study of international business and cultural differences that impact commerce. The course will include both on-campus instruction and site visitations of business, governmental, other commercial institutions and cultural sites outside the United States. Prerequisites: BUSI 105, Sophomore standing and consent of the instructor(s). (Two credits.)

BUSI 305. Administration and Organization
An examination of the modern enterprise from the perspective of its internal operations and the theory and practice of management. Prerequisites: BUSI 105 and ECON 200 or consent of the instructor. (Three credits.)

BUSI 306. Business Finance
An introduction to the principles of financing business, integrated with a study of institutional finance. Covers current topics of managerial finance, including capital management, the management of working capital, capital budgeting, the acquisition of funds, and stock and bond valuation. Prerequisite: ACCT 213 and ECON 200. (Three credits.)

BUSI 307. Principles of Marketing
A basic study of the ways in which businesses determine consumers’ needs and direct the flow of goods and services. Case analyses are used to develop students’ problem-solving abilities. Prerequisite: ECON 200. (Three credits.)

BUSI 315. Negotiations
The theory and practice of negotiations as they are practiced in a variety of settings. Relevant to a broad spectrum of negotiation problems encountered in business, professional and personal matters. Opportunity to develop bargaining skills experientially to understand negotiation in an analytical framework. Emphasis on simulations, role playing and cases. Prerequisite: Junior or Senior standing. (Three credits.)

BUSI 322. Legal Environment of Business
An introduction to the history, structure, and procedure of the American legal system and the legal environment of business. (Three credits.)

BUSI 335. Human Resources
A survey course in human resource management. Focus on strategic link between employment systems and organizational goals and core competencies. Utilizes action oriented models to develop and implement performance management practices in job design, hiring performance evaluation, compensation, retention and termination. Managerial skill building in employee relations in emphasized in areas of feedback and conflict management. Exposure to a variety of HRM techniques with an emphasis on practical implementation. Prerequisite: BUSI 305 or consent of the instructor. (Three credits.)

BUSI 345. Globalization and International Management
Overview of current international business practices and customs in context of the major political and economic systems of the world. Prerequisite: ECON 200. (Three credits.)

BUSI 350. Special Topics in Business Administration
May be repeated for credit. (Three credits.)

BUSI 356. Investments and Portfolio Analysis
An introduction to security markets, security instruments, and speculation opportunities with an emphasis in practical investing. Emphasizes portfolio management. Prerequisite: BUSI 306. (Three credits.)

BUSI 357. Marketing Management
A study of the role marketing managers play in meeting management’s objectives. Integrated promotional programs are examined along with the most widely utilized marketing tools. Prerequisites: BUSI 307, BUSI 367. (Three credits.)

BUSI 367. Advertising
Examines alternative communication techniques between organizations and external consistencies. Students explore how and why organizations plan, manage and monitor their marketing communications. Topics include: advertising planning, media alternatives, the creative process, and brand promotion. Marketing concepts are applied to understand contemporary, successful Integrated Marketing Communications (IMC). Student teams compete via a simulated advertising competition. Prerequisite: BUSI 307. (Three credits.)

BUSI 375. Leadership and Politics in Organizations
A study of the relationship among leadership, politics, and authority in the creation, organization, and administration of the enterprise. Prerequisites: Junior standing; BUSI 305. (Three credits.)

BUSI 382. Commercial Law
Study of business law tailored for the CPA. Includes the common law of contracts, an introduction to the Uniform Commercial Code, agency law and negotiable instruments law. (Three credits.)

BUSI 383. Information Systems
Study of the fundamentals of accounting system design including an analysis of accounting applications within functional areas of a firm, hardware and software applications, and the control of computerized accounting systems. Prerequisites: ACCT 214 and BUSI 212. (Also ACCT 383, MISY 383.) (Three credits.)

ECON 390. Independent Readings
Economic readings selected on an individual basis supervised by a mentoring faculty member. Consent of the instructor required.

BUSI 395. Business in Context
The study of contemporary issues, industries or firms related to a common theme. The theme, issue, industry, or firm will vary from semester to semester depending upon the knowledge, expertise and interest of the instructor. Emphasis on applying economic, marketing, financial, management, accounting and legal analysis to the operation of the issues under examination. Possible industries include: professional sports, beverages, movies, music, communication, computer technology, health care, higher education and automobiles. Prerequisites: Junior standing, ECON 200, BUSI 105 or the consent of the instructor. (Three credits.)

BUSI 400. Internship
An off-campus experience working in a professional managerial environment under the supervision of a mentor. Permission of instructor required. Prerequisites: BUSI 305 and BUSI 306 or 307. (Three credits.)

BUSI 404. Seminars in Business
Includes such topics as operations/production management, marketing channels and futures markets, and human relations. Prerequisites: BUSI 305 or permission of the instructor. (Three credits.)

BUSI 405. Strategy and Structure
A study of the modern enterprise which focuses on the formulation and implementation of its strategy with particular attention to the relationship between the strategy and the larger society in which the enterprise operates. Prerequisites: Senior standing; BUSI 305, 306, 307, and ECON 300 or 301; or permission of the instructor. (Three credits.)

BUSI 406. Applied Business Strategy
A hands-on capstone experience designed to apply and integrate accounting, management, marketing and finance using a simulation or case study. Focus on the interaction between the various business disciplines. Emphasis on small private businesses and entrepreneurship rather than larger public companies. Prerequisites: Senior standing; BUSI 305, 306, 307, and ECON 300 or 301. (Three credits.)

BUSI 409. International Business Strategy
A study of the modern business enterprise in a global context. Focuses on the formulation and implementation of business strategy with a particular emphasis on the relationship between the strategy and the international environment within which the business operates. Emphasis on a synthesis of management, economics, accounting marketing and finance in the global context of the multi-national firm. Prerequisites: BUSI 305, 306, 307 and Senior standing required, or consent of the instructor. (Three credits.)

BUSI 410. Political Economy and Commerce Honors I
Participation in a joint student/faculty discussion of contemporary accounting management or economic policy issues using political economy methodology and analysis. Spring semester of Junior year. Permission of instructor required. (One credit.)

BUSI 411. Political Economy and Commerce Honors II
Research on contemporary accounting management or economic policy issue using political economy methodology and analysis. Fall semester of Senior year. Permission of instructor required. (One credit.)

BUSI 412. Political Economy and Commerce Honors III
Leadership and presentation in joint student/faculty discussion of contemporary management or economic policy issues using political economy methodology and analysis. Spring semester of Senior year. Permission of instructor required. (One credit.)

BUSI 420. Independent Study
May be repeated for credit. (One to three credits.)

IMPORTANT DATES