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Course Criteria
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3.00 Credits
(1-8) This course is designed to relate theory to practice in a realistic fashion. The student is placed in a situation where experiences may be obtained relating directly or indirectly to the area being studied. Requisites: PERM.
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3.00 Credits
(3) A study of the development of the middle school, its purposes, programs, services, organization, and administration.
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3.00 Credits
(3) A basic one-semester terminal course for students not in economics or business administration. Essential economic theory is developed and applied to scarcity, markets, market structures, income determination, economic stabilization policies, and the economic role of government. May not be used to fulfill major or minor requirements in economics.
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3.00 Credits
(3) An introductory study of principles that affect goals, incentives, and outcomes of economic behavior at the level of the individual decision maker. Specific topics include the operation of both product and resource markets, the behavior of firms and industries under different market structures, and international exchange.
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3.00 Credits
(3) An introductory study of factors that determine U.S. unemployment, production, growth, interest, and inflation rates; basic theories of consumption and investment expenditure; the effects of discretionary fiscal and monetary policies on the national economy.
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3.00 Credits
(3) This course begins with an overview of the evolution and critical events in the development of America's cultural heritage of consumer credit and the institutional foundations of society's consumptive mindset. Critical thinking and economic analysis are applied at an individual level, in the spirit of Adam Smith's "Invisible Hand." Students are exposed to a wide variety of personal financial choices as a way of connecting individual risk-taking with potential threats to democracy and American society. The dynamics between individual utility maximization, social responsibility, and ethical behavior are explored. Knowledge of financial products, analytical tools and critical thinking skills are cultivated in the context of setting goals and measuring progress, managing taxes, basic asset management, credit management, risk management, investing, and estate and retirement planning.
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3.00 Credits
(3) An intermediate-level study of the theory of household and firm behavior. A study of how the market system organized economic activity and an evaluation of its performance. Requisites: PR, ECFI 201, ECFI 202.
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3.00 Credits
(3) An intermediate-level study of theories of aggregate consumption, investment, net export, and government expenditures; determination of national output, employment, price level, interest, and exchange rates; derivation of aggregate demand and supply; implications of classical, Keynesian, supply-driven, rational expectations, and real business cycle models; examination of the empirical evidence. Requisites: PR, ECFI 202.
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3.00 Credits
(3) A study of the basic concepts of the financial management of a corporation. Topics include: ratio analysis, financial planning, time value of money, capital budgeting, cost of capital, sources of financing, working capital management, and international financial management. Requisites: PR, ACCT 203.
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3.00 Credits
(3) Fundamentals of credit management, credit investigation and analysis, credit problems, collection activities, protection, and remedies. Requisites: PR, ECFI 305.
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