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Course Criteria
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3.00 Credits
Basic macroeconomic theory. Analytical evaluation of the determinants of national output, ination, and unemployment. Examination of _scal and monetary policies and issues in international trade and payments. Introduction of tools necessary to analyze economic models. (Social Science)
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3.00 Credits
Basic microeconomic analysis of consumer choice, the business _rm, and resource markets in labor, capital, and land. Analysis and critique of government policy in problem areas such as monopoly power and government regulations and expenditures. Prerequisite: two years of algebra in high school. (Social Science) Cornell College | 2008-09 Academic Catalogue Economics and Business 59
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3.00 Credits
Accounting concepts and principles. Asset and liability valuation, income determination, _nancial statement presentation and analysis, and the use of accounting information for business decision-making. Objectives of accounting rather than bookkeeping techniques.
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3.00 Credits
Economic development problems and policies of Third World countries. Pro_les and historical records of developing countries. General theories of development, and the role of agricultural strategy, international trade and _nance, population growth, income distribution, and savings and capital formation. Prerequisite: ECB 101. O_ered subject to availability of faculty. (Social Science) FAROOQI
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3.00 Credits
Survey of international trade and _nance with a theoretical emphasis. Why nations trade, the theory of protection, and commercial policy. Balance of payments, theories of exchange rate determination, and international macroeconomic theory and policy. Prerequisites: ECB 101 and 102. O_ered two out of every three years. (Social Science) FAROOQI
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3.00 Credits
The role of _nancial institutions and _nancial assets in macroeconomic activity. The stock market, money markets, monetary policy, money supply and demand, interest rates, ination, international _nancial markets, and the International Monetary Fund. Prerequisites: ECB 101 and either INT 201 or MAT 348. (Social Science) KNOOP
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3.00 Credits
Investment alternatives from the investor's perspective. Stock market indices, trading procedures, evaluation techniques, and investment strategies. Dow, valuation, portfolio, and e_cient stock theories. Government regulation of securities markets. Prerequisites: ECB 102 and 151. Alternate years. (Social Science)
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3.00 Credits
Continuation of ECB 151. Application of accounting data to management decisions. Prerequisites: ECB 102, 151, and either INT 201 or MAT 348.
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3.00 Credits
This course takes an economic approach to the study of America's past. We explore some of the leading personalities and organizations responsible for America's second industrial revolution, 1865-1914. The course will take students to the historic Pullman town and the Newberry Library in Chicago. Prerequisites: ECB 102 and INT 201 or MAT 348. Alternate years. (Social Science) HEJEEBU
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3.00 Credits
The course introduces students to the economic analysis of antitrust policy and government regulation of business. We will examine how such policies a_ect horizontal and vertical mergers, pricing strategies, and other attempts by businesses to expand market power. Furthermore we will explore the economic rationale and consequences of federal government intervention in business operations. Prerequisite: ECB 102. Alternate years. (Social Science) HEJEEBU
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