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Course Criteria
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1.00 Credits
An introduction to the fundamentals of the financial statements of corporations, including statement interpretation and analysis. Exposes students to economic decisions and their consequences as they relate to business activities, including operating, investing, and financing activities. 1 unit - Laux, Stimpert.
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3.00 Credits
An introduction to descriptive and inferential statistics including basic probability theory, distinctions between population and sampling distributions, estimation of population parameters, hypothesis testing and an introduction to nonparametric statistics. Examples, problems and labs are chosen to expose students to the kinds of problems faced in Economics and Business. (No credit if taken after Biology 220 or Mathematics 117 or 217.). Prerequisite: Economics 150 (or 151 and 152) (No credit after Biology 220 or Mathematics 117). (Not offered 2008-09.) 1 unit.
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3.00 Credits
A general theory of pricing for both the product and factor markets within the different market structures of pure competition, monopolistic competition, oligopoly and monopoly; the economic behavior of: (1) the individual or the household; (2) the firm; (3) the industry; and (4) the economy as a whole. The relationship between economic theory and public policy. and Mathematics 125 or 126. Prerequisite: 150 (or 151 and 152) and Mathematics 125 or 126. 1 unit - Fenn, Kapuria-Foreman, Nelson.
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3.00 Credits
Economic aggregates as they relate to the determination of income and employment, saving, investment and the rate of interest, wages, and prices. The Keynesian model and its implications for macroeconomic policies, especially monetary and fiscal policies, as a means of coping with problems of unemployment, inflation and economic growth. Some comparisons with the classical macro model and some extensions to recent growth theories. Prerequisite: Economics 150 (or 151 and 152). 1 unit - DeAraujo, Lopez-Velasco.
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3.00 Credits
Presentation and critical review of the elements of financial statements with concentration on accounting theory and interpretation by users. Addresses problems with income determination. (Offered in alternate years as 391.) Prerequisite: 160 or 211. (Not offered 2008-09.) 2 units.
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3.00 Credits
Examination of methods of analysis commonly used in economics and business. Emphasis on non-experimental and quasi-experimental designs necessitating the use of models. Topics include small sample and large sample methods, case studies, surveys, regression and forecasting., 160, 200 (or Mathematics 117 or 217 or Biology 220). Prerequisite: Economics 150 (or 151 and 152); 160; 200 (or Mathematics 117 or Biology 220). 1 unit - Chesley, Smith.
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3.00 Credits
Problems of competition and coordination among firms in the market at large, including the dynamics of monopoly, oligopoly, monopolistic competition and such practices as price discrimination, tying and bundling, and product differentiation. Examination of the rationales behind antitrust legislation and regulation. May include field trip. Prerequisite: 150 (or 151 and 152). 1 unit - Lybecker.
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3.00 Credits
Principles and problems of assembling, recording, and interpreting cost data for manufacturing and service firms. Introduces various costing systems, including activity-based and standard costing systems, with emphasis on the economic decisions managers make using this accounting data and the potential impact on employee behavior. Prerequisite: 160. 1 unit - Laux.
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3.00 Credits
Internal organization of the firm, how incentive structures and problems in contracting and coordination affect patterns of ownership, financial structure, vertical and horizontal integration and internal labor markets. Prerequisite: 150 (or 151 and 152); 160. (Not offered 2008-09.) 1 unit.
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3.00 Credits
The need for sources and effective utilization of funds by business enterprises. Prerequisite: Economics 150 (or 151 and 152) and 160. 1 unit - Laux.
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