BUSINESS (BUS) Contemporary Business (BUS 1073) This course examines the nature of contemporary business. Students are introduced to foundational concepts of management, leadership, marketing, accounting, finance, operations, and information systems, among others. Through a combination of case studies, textbook, videos, and other resources, students will learn about key business functions, governance, ethics, and social responsibility as sources of competitive advantage. 3 credits. Marketing (BUS 1125) This course provides an overview of the basic marketing principles, including segmentation, positioning, branding, and other related issues. An important goal of this course is to provide the necessary background knowledge for students who are interested in marketing and/or related business issues. 3 credits. Financial & Managerial Accounting (BUS 2001) This course introduces students to the principles, concepts, and applications of financial and managerial accounting. The first part of the course introduces accounting concepts and focuses on how external users of financial information interpret accounting reports when making business decisions. The second part of the course examines the main concepts underpinning managerial accounting. Topics include the accounting cycle, financial statements and accounting for assets, liabilities, equities, revenues and expenses, and costing and budgeting. Prerequisite: BUS 1073 Contemporary Business. 3 credits. Managerial Accounting(BUS 2002) This course introduces students to the principles, concepts, applications, and processes of managerial accounting, and focuses on how internal users apply accounting tools and information to aid internal planning, coordinating, and controlling the activities of an organization. Topics include management accounting systems, cost behavior, product costing, business overhead costs, budgeting, the preparation of schedules and budgeted statements, and variance analysis. Prerequisite: BUS 1073 Contemporary Business and BUS 2001 Financial & Managerial Accounting. 3 credits. Human Resources Management (BUS 2063) This course explores the human resource management function in a corporate setting and focuses on the development of knowledge and skills that all managers and leaders need. The course will focus on subjects such as the selection process, employment law, labor relations, compensation, performance, development, corporate training, and maintaining effective environments. Prerequisite: BUS 1073 Contemporary Business. 3 credits. Finance (BUS 3008) This course introduces students to the principles, concepts, and applications of finance. Concepts are illustrated with examples based on personal, business and non-profit organization decisions. The course is intended for students who are interested in learning basic tools and techniques of finance and how they are applied. The topics of the course include: financial markets and valuation of assets; theory of interest rates; portfolio theory; asset pricing models; and introduction to corporate finance. Prerequisites: BUS 1073 Contemporary Business and MAT 1015 Introduction to Statistics. 3 credits. Supply Chain & Operations Management (BUS 3040) This course’s objective is to provide the student with an understanding of the operations function and the basic skills necessary to critically analyze and evaluate a firm’s operating performance and practices. Through a combination of case studies, textbook, video and other resources, students will learn how a firm’s technology, facilities, processes, relationships and management practices enable it to effectively and efficiently serve its markets. Prerequisite: BUS 1073 Contemporary Business. 3 credits. Legal & Ethical Environment of Business (BUS 3050) This course introduces students to the legal environment of business and organizations. The main focus of the course is to illustrate how laws have a real-world impact on how businesses operate in the United States and globally. Topics include the nature of law and the legal process; contracts; torts; employment law; agency law; environmental law; and ethics. Prerequisites: BUS 1073 Contemporary Business and BUS 2063 Human Resource Management. 3 credits. Transformational Leadership (BUS 3060) This course provides students with management and leadership skills, and knowledge that can be applied in a wide range of organizational goals. This course covers the basic management functions of planning, organizing, controlling of organizational resources and leadership, with emphasis on the concepts and history of leadership from academic and practitioner perspectives. Prerequisite: BUS 1073 Contemporary Business. 3 credits. Independent Study in Business Management (BUS 4003) Using a research proposal approved in advance by the instructor, a student will have an opportunity to investigate a business problem of special interest with a special emphasis on research methods. 3 credits. Special Topics in Business (BUS 4005) This is an advanced business reading and/or research course, which can be repeated for credit if the topic has changed. 3 credits. Management Internship (BUS 4015) Under the guidance of a faculty advisor who will supervise, monitor, and evaluate the internship, a student can receive up to six credits for an internship with a private company, non-profit organization, or a government agency. 3-6 credits. Business Strategy & Sustainability Capstone (BUS 4022) This course provides students with a synthesis of how business strategy intersects with environmental stewardship and social concerns using a wide range of industry case studies. Prerequisite: BUS 1073 Contemporary Business and consent of the instructor. 3 credits. New Venture Creation & Entrepreneurship (BUS 4051) Entrepreneurship is the creation of a new venture as well as a growing trend in existing organizations both nationally and internationally. This course will explore the key drivers in the growth of entrepreneurship and the factors that contribute to entrepreneurial success and failure. Students will have the opportunity to explore these concepts through the creation of their own new venture concept, and engage in the self-reflection necessary to determine whether they are willing to do what it takes to be a successful entrepreneur. Prerequisites: BUS 1073 Contemporary Business and BUS 1125 Marketing, or the consent of the instructor. 3 credits. ECONOMICS (ECO) Introduction to Microeconomics (ECO 2001) This course is an introduction to economics in general and to the study of microeconomics in particular. Economic theory and applications will be developed from the standpoint of the individual in the economy: The individual as a consumer of goods and a supplier of resources, the firm as a producer of goods and a purchaser of resources, and the operation of individual markets and industries. This course will demonstrate how the economic decisions of these individual units affect the well-being of society as a whole. 3 credits. Introduction to Macroeconomics (ECO 2002) This course emphasizes the problems of national income accounting, growth measurement, and fiscal and monetary policy. Economic theory will be developed from the viewpoint of society as a whole. The fiscal and monetary policy tools available to the government will be discussed. Keynesian and Monetarist economic theories will be used to demonstrate the effect that these government policies have on national income, employment, and price level changes. 3 credits. Economics of the Environment (ECO 2023) This course provides students with a firm foundation in economic theory with particular emphasis on the neoclassical model of market efficiency. With this foundation, students study the subfield of environmental and natural resource economics. Particular emphasis is placed on understanding market failures associated with public goods and externalities, along with the policies that the government can use to correct these market failures. The course explores critiques of the neoclassical model of market efficiency and considers emerging concepts in ecological economics and the growing local economies movement. Students assess competing views on the potential for continued economic growth of the macro economy and become familiar with our monetary system and the role of the Federal Reserve. Quantitative skills are developed throughout the course by interpreting data and doing economic analyses. 3 credits. Intermediate Microeconomic Analysis (ECO 3001) This course studies the allocation of resources and determination of prices within various market structures. These will be studied from the contexts of the consumer, the employer, and the worker. The determination of income will also be studied. There will be emphasis on analytic tools. Prerequisite: ECO 2001 Introduction to Microeconomics. 3 credits. Intermediate Macroeconomic Analysis (ECO 3002) This course studies the forces that determine the level of aggregate economic activity. Prerequisite: ECO 2002 Introduction to Macroeconomics. 3 credits. Contemporary Political Economy (ECO/ELA 3023) This course will examine the origins and character of the tendency towards crisis in capitalist market systems with emphasis on the contemporary American economy. At the core of our study will be the effort to understand how the forces in a market society affect community, family, the workplace, the environment and the general world order. In particular, we will study income and wealth inequality across generations, the role that disasters (natural, financial and political) have played in providing opportunity for profit, and the economic doctrines that have supported and explained these market processes and outcomes. 3 credits. International Trade (ECO 3033) This course is a brief history of trade and commerce and their relationship to the internal patterns of society, followed by a more detailed analysis of the historical and theoretical origins and present-day patterns of modern trade and finance. A major focus will be the recent trends toward consolidation of the world’s nations into trading blocs such as the European Union and NAFTA, and the role of the activities and international lending policies of such global agencies and organizations as the IMF, the World Bank, the World Trade Organization, and GATT in facilitating trade and finance. Prerequisites: ECO 2001 Introduction to Microeconomics and ECO 2002 Introduction to Macroeconomics. 3 credits.
