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Course Criteria
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4.00 Credits
Fall, Spring. Credits: 4. Development and practical application of tools of supply, demand, cost, capital, and profit analysis, including quantitative models, to decision-making in a business enterprise. Additionally, a study of the problems of economic measurement and forecasting methods, business planning, product strategy, and location analysis. Extensive use of cases. Prerequisites: Economics 101-102, and 290.
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4.00 Credits
Spring. Credits: 4. Problems of economic development and growth; interaction of economic and non-economic factors, population and the labor force, capital requirements, market development, foreign investment and aid, and role of government. Comparison of the growth of advanced and developing economies. Policy measures to promote development and growth. Prerequisites: Economics 101-102.
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4.00 Credits
Spring. Credits: 4. The writings of Adam Smith and of Karl Marx had a profound and lasting influence on the way people think about the world. The Industrial Revolution that took place in the interim between the publications of the works of these two thinkers literally changed the world. This course focuses on the most important works of Smith and Marx and on the economic events taking place in eighteenth and nineteenth century England that continue to affect the way we think and live. The works of other Classical Economists are also examined. Prerequisites: Economics 101-102 or may be taken concurrently with Economics 102.
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4.00 Credits
Spring. Credits: 4. Degree Requirements: Social Science. This course covers standard labor economic theory. Topics include market equilibria, the demand for and supply of labor (including human fertility, human capital, hours of work, and labor force participation), wage levels and differences (including discrimination) and unions and government as labor market forces. Prerequisites: Economics 101.
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4.00 Credits
Credits: 4. Degree Requirements: Social Science. This course covers standard health economic theory. Economic aspects of the production, distribution, and organization of health care services, such as measuring output, structure of markets, demand for services, pricing of services, cost of care, financing, mechanisms, and their impact on the relevant markets. (Course offered in alternate years; scheduled for 2009-2010.) Prerequisites: Economics 101.
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4.00 Credits
Fall. Credits: 4. Degree Requirements: F2, F3 This course uses the tools of economic analysis to explore the long-run determinants of economic growth and the implications for policymaking today. Focus is on long-run economic change and the development of the American economy. Specific topics include the history and development of economic institutions, the American colonial experience, early American industrialization, slavery, the Progressive Era, the Great Depression, and the Southern economy. Course includes a trip to the downtown Cotton Museum. (Course offered in alternate years; scheduled for 2009-2010.) Prerequisites: Economics 101. Economics 102 highly recommended.
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4.00 Credits
Fall, Spring. Credits: 4-4. Accounting theory, from both the theoretical and practical viewpoints. Covers the foundation of accounting theory, the accounting and reporting process, and the impact of the recent pronouncements from FASB, AICPA, AAA, and SEC. Should be taken in sequence. Prerequisites: Economics 101-102 and Business 241. Business 243 recommended.
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4.00 Credits
Fall. Credits: 4. An introduction to the principles of taxation applicable to individuals and businesses, including determination of income, deductions, exemptions, capital gains and losses, depreciation, employee expenses, alternative minimum tax, and property transactions. The course emphasizes taxation of individuals, but introduces corporate and partnership taxation as well. Coverage includes the theory and purpose of taxation, the impact of taxes on management decisions, and the evolution of the tax system over time. A computer tax service and a computer tax preparation program are utilized for tax research and simulation of financial decisions involving complex tax issues. Prerequisites: Economics 101-102 and Business 241.
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4.00 Credits
Fall, Spring. Credits: 4. The main objectives of the financial manager are to plan for, acquire, and use funds in an efficient manner in order to maximize the value of the firm. This course introduces the discounted cash flow model, modern portfolio theory, the capital asset pricing model, and the static theory of capital structure. Major topics covered include decision-making under uncertainty, cost of capital and valuation, history of capital markets, and financial analysis. Students are introduced to computerized financial spreadsheets, case studies, and contemporary financial issues. Prerequisites: Economics 101-102, 290, and Business 241.
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2.00 Credits
Fall, Spring. Credits: 2 or 4. Degree Requirements: F11. The internship provides an experiential approach to the learning process and affords students the opportunity to work in both business and nonprofit organizations for academic credit. Internship placements are designed to complement learning goals and career plans by allowing the student to apply skills and knowledge acquired in the traditional classroom. Placements are arranged by the Director of Career Services and work schedules are arranged by the student and the on-site supervisor. Typically students work on specific projects related to their career interest and compatible with the goals and interests of the sponsoring organization. Other requirements of the internship include submission of a resume and application, interview with the on-site supervisor, participation in classroom seminars which focus on long-term career planning and job search skills, completion of written self-assessment assignments made by the instructor, and the writing of an internship journal. Internships are available to students across the curriculum that have achieved sophomore status and have completed courses applicable to the requirements of the internship site. Most internships require completion of at least one writing-intensive course. Arrangements for internships are made the semester prior to the actual experience. Prerequisite courses appropriate to the specific internship experience are required. Under special circumstances, the number of credit hours may vary from 1 to 4, but under no circumstances will more than 8 credits be allowed to count toward the credits required for graduation.
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