Core Business and Economics Course Descriptions
BA 201 Accounting I
An introduction to accounting dealing mainly with financial accounting. A textbook, working papers, use of computers with spreadsheet programs, and an extensive amount of homework are required. Students will be introduced to the use of computerized spreadsheets and upon finishing the course should be able to set up and operate an accounting system for a small business. Required of all business majors; usually taken in the sophomore year.
Prerequisite: None; sophomore standing recommended.
BA 212 Management and Leadership in Organizations
An introduction to management and leadership theory and applications. Main topics include the differences between management and leadership, basic managerial functions, approaches to management and leadership, motivational strategies, organizational structure, management of technology and goods, time and stress management, international management issues, and organizational change. Emphases on social responsibility and ethical decision making are integrated throughout the course.
ECO 201 Microeconomics
Students study the foundation of the economic and business world. Students explore what is behind choices made by individuals as consumers, producers, employees, voters, husbands and wives, fathers and mothers, etc., learning how individuals allocate their resources across the choices they face. This leads to the basic models of demand and supply in the market, the primary focus of the course. We also study how alternative market institutions influence choices made and economic efficiency. International and environmental dimensions and consequences of choices are integrated throughout the course.
Triad: Social Science
ECO 210 Macroeconomics
Students learn the basic concepts underlying the performance and management of the economy, focusing on how the economic system works; how it fails, causing inflation and unemployment, and how the government intervenes to stabilize the system. Concepts concerning consumer consumption, investment, aggregate demand and supply, equilibrium, fiscal and monetary policy, and the financial system are covered. International and environmental dimensions of the macro economy are integrated throughout the course.
Triad: Social Science
Prerequisite: ECO 201 Microeconomics
MAT 141 Statistics (or higher math class approved by Department Chair)
The course teaches how to analyze data, design and carry out statistical studies, and understand/evaluate statistical studies in students' own fields of interest. Topics include graphical displays of data, probability distributions, correlation/regression, experimental design, and statistical inference. Statistical calculators and computer software are introduced and used extensively.
Triad: Mathematics
Prerequisite: Two years of high school algebra.