- Finance: Personal to Global

Institution:

The Evergreen State College

Subject:

Description:

Faculty: Janet Luft Mobus (finance, accounting), Tom Womeldorff (economics, political economy) Major areas of study include: Finance, accounting, economics, political economy, quantitative reasoning and writing. Class Standing: This lower division program is designed for 50 percent freshmen and 50 percent sophomores. No matter what we study or where we work, our lives involve money: income, budgets, savings, credit cards, mortgages, car loans, investments, retirement plans and more. Yet we spend surprisingly little time learning what it means to save and spend. Many people become burdened by large debts and feel powerless because they do not comprehend the basics of financial management. We can better control our lives if we understand the fundamentals of finance. Beyond managing our own lives, to be responsible global citizens, we need to understand how international financial flows contribute to the relative wealth and poverty of nations and individuals. In this program, we will learn the fundamentals of finance and money, on both a personal and a global level. During fall quarter we will focus on personal finance. We will develop a framework for approaching personal financial decisions, from incurring debts (e.g., credit card, student loans, car loans and house mortgages) to planning for the future (e.g., retirement and savings plans). In the process, we will explore the history and development of money use in capitalism. During winter quarter, we will turn our attention to finance on a global level. Beginning with micro-lending and ending with global corporate finance, we will examine how money flows determine the relative wealth and poverty of nations, individuals and corporations. We will explore these themes through lectures and seminars. Our workshops will focus on the fundamentals of economics and accounting necessary to understand the role of money and finance in our lives. In the process, we will develop the basic quantitative reasoning and spreadsheet skills necessary to be financially literate in today's society. Total: 16 credits. Enrollment: 46 Program is preparatory for careers and future studies in: business, finance, accounting, economics, education and the social sciences. This program is also listed under: Programs for Freshmen and Society, Politics, Behavior and Change

Credits:

16.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.evergreen.edu

Phone Number:

(360) 867-6170

Regional Accreditation:

Northwest Commission on Colleges and Universities

Calendar System:

Quarter

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