Course Descriptions

BUSN 180: Quant Methods for Econ and Busn

Distribution analysis, sampling theory, statistical inference, and regression analysis, with emphasis on the application of statistical techniques using spreadsheet software to analyze economic and business issues. Students who have taken this course will not receive credit for any other basic statistics course, including Mathematics 150.

BUSN 230: Financial Accounting

Methods, practices, and concepts underlying the communication of relevant financial information to external parties. Development of the accounting model, measurement processes, data terminology and classification, internal control, interpretation and uses of financial statements. Prerequisites: ECON 110 and either MATH 110 or MATH 160.

BUSN 268: Integrating Mkting W/ Journalism

This course is designed to provide the student with an understanding of the holistic marketing communications approach that focuses on presenting a consistent message using complimentary media including print journalism, broadcast journalism and advertising journalism. Students will develop a basic understanding of print journalism, broadcast journalism and advertising journalism in respect to their role within the communication process. Marketing communication tools that will be examined include advertising, direct marketing, interactive/internet marketing, sales promotion, publicity/public relations and personal selling. The course will also cover legal and ethical issues involved with marketing communications and journalism.

BUSN 280: The Mexican-American Border

As the only place where the third world and first world touch, the Mexican-American border is unique. This course will focus on the border and how its unique location in the world has created a culture, language, politics, religion and economy that reflect the interdependence between these two neighboring countries. The course will begin with the history of the border from the Gadsden Purchase in 1854 to the passage of NAFTA in 2004 and then examine the impact of free trade on Mexico. The course will explore how people (immigration - both legal and illegal), resources (oil, workers), consumer products (household appliances, food, music, and art), environmental waste (toxic waste, water and air pollution) and technology (outsourcing) cross borders as globalization impacts both Mexicans and Americans. The course involves a three-week stay along the border in May. Pre-requisites: ECON 110 and SPAN 112 or its equivalent. (Meets GEC Cultural Diversity Requirement.)

BUSN 315: Topics: Operations Management

The course covers subjects related to the management process in a production system. The following topics are covered: design of products and services, quality control systems, capacity planning, process design, work analysis and measurement, facility location, and production scheduling. The inventory control system unit will discuss the relationship between inventory systems and other functions in an organization. Prerequisite: BUSN 230.

BUSN 322: Emerging Markets Analysis

Analysis of emerging markets of East Asia and Latin America, paying particular attention to growth strategies and the impact of market reforms, financial markets development, and foreign capital flows on economic performance of these countries. The course relies on case studies from Asian countries of China, South Korea, Thailand, Singapore, and Hong Kong and Latin American economies of Brazil, Argentina, Mexico, and Chile. (Meets GEC Cultural Diversity Requirement.) Prerequisite: ECON 220.

BUSN 330: Intermediate Accounting

Accounting concepts, principles, and theory with an emphasis on the special problems that arise in applying these concepts to external reporting. Prerequisites: Business 230 with a grade of C- or better; junior standing.

BUSN 331: Managerial Accounting

Use of accounting information for evaluation of planning and control decisions. Topics include budgeting, cost-volume analysis, product costing, and standards for planning, control, and performance measurement. Prerequisite: Business 230 with a grade of C- or better.

BUSN 341: Global Cultures & Intnl Bus-Chgo

As influences of global activities increase locally, Chicago provides vast resources for the study of cultures, economic policies, political relations, and global business strategies. More than 130 consulates and foreign trade offices, and headquarters of many global companies, are in Chicago. This course will address the development and implications of various cultures in relation to local and global business activities. An emphasis will be field research, visits, and other activities involving Chicago-area resources. Instructional activities will include team projects, interviews, and observations to address issues related to Chicago's role in international trade and economic development for emerging markets. (Meets GEC Cultural Diversity Requirement.) Prerequisite: Junior standing, or permission of instructor.

BUSN 342: African Culture & Business Develop

While globalization can potentially enhance economic development and improve the quality of life, many nations, especially those in Africa, do not receive these benefits. Course emphasis will be on an analysis of efforts by businesses, community organizations, and government agencies to serve African societies plagued by poverty and other social concerns. Instructional resources will include: readings from sources with varied points of view; speakers representing countries and cultural groups; and field research visits to cultural exhibits and retail enterprises. Instructional experiences will include: (1) interviews with people familiar with various African cultures and business activities; (2) student team projects to analyze global cases for improvement of food production, water purification health care delivery, telecommunications, and educational programs; (3) promotional activities to expand awareness of efforts to enhance economic development and quality of life in Africa. (Meets GEC Cultural Diversity Requirement.) Prerequisite: Junior standing, or permission of instructor.

BUSN 345: Principles of Marketing Strategy

This course is designed to provide undergraduate students with a broad background on the nature and scope of marketing concepts used in business. Building upon these concepts, students will examine the process of developing the four elements of the marketing mix (product, promotion, price and place) and how marketing managers use these elements to gain competitive advantage in a global economy. The development of marketing related strategies and tactics used to identify, create and maintain satisfying relationships with customers that result in value for both the customer and the marketer will be analyzed leading to an understanding of the role marketing plays within firms and society. Prerequisite: ECON 110.

BUSN 346: Entrepreneurial Marketing

This course focuses on marketing strategies that are relevant for new businesses or new product launches within a corporate setting. Entrepreneurial marketing is built around seven core elements which include innovation, calculated risk-taking, strategic flexibility, resource leveraging, customer intensity, managing the economic situation, and the creation of industry change. The concentration on entrepreneurial skills from the initial creation of the opportunity through the business plan in addition to financing perspectives and managing the growth will be analyzed. Students will apply what they learned in the development of a comprehensive entrepreneurial business plan. Prerequisite: BUSN 345.

BUSN 350: Capital Budgeting

Study of advanced financial management and the evaluation of domestic and global business investment opportunities. Topics include the discounting of cash flows, foreign market risk analysis, capital asset pricing, and financial leverage decisions. Prerequisites: Economics/Business 180 and Finance 237.

BUSN 355: Marketing Rsch Cross-Cultural Set

A study of methods related to quantitative and qualitative research in varied business and non-profit settings. The course will emphasize research into cultures encountered in industrialized societies, global emerging markets, and less developed economies. Coverage includes theoretical foundations and applications of research designs, data collection techniques, and data analysis. Assignments involve planning and implementing field research, case study analysis, and team presentations based on data collection experiences. (Meets GEC Cultural Diversity Requirement.) Prerequisite: Economics/Business 180.

BUSN 425: Business & Economic Forecasting

Employs regression techniques, time-series analysis, and business and economic indicators for forecasting economic and business variables. (May be taken by economics and business majors to meet GEC Senior Studies Requirement.)

BUSN 431: International Finance

Identifies and analyzes fundamentals of international financial theory. Topics include exchange rate determination, balance of payments accounting, and international monetary systems and their evolution. Prerequisites: Economics 210 and 220; junior or senior standing. (May be taken by economics majors to meet GEC Senior Studies Requirement.)

BUSN 470: Latin American Global Business

Emphasizes analytic activities and case problems for corporate and entrepreneurial organizations operating or considering operations in Latin America. Economic theories, statistical tests, accounting records, financial analysis, and marketing concepts will be used to investigate business situations. (May be taken by business and international relations majors to meet GEC Senior Studies Requirement. Meets GEC Cultural Diversity Requirement if not used for GEC Senior Studies Requirement.) Prerequisites: Economics/Business 180, Economics 210, Economics 220, Business 230, Finance 237 (or permission of instructor for Latin American Studies majors).

BUSN 471: Asian Bus Culture & Trade Relations

As China, Singapore, South Korea, and Taiwan expand trade activities and increase their global influence, other Asian nations (Cambodia, Laos, Malaysia, Vietnam) continue to face economic hardships. This course will address geographic, historic, cultural, economic, and political factors that influence business opportunities, economic development, and quality of life in Asia. An emphasis will be on regional and global trade relations related to health care, infrastructure, food distribution, telecommunications, and education/job training. Instructional experiences will include field research involving Chicago-area resources along with analytic activities and case problems for business organizations operating or considering operations in Asia. (May be taken by business and Asian studies majors to meet GEC Senior Studies Requirement. Meets GEC Cultural Diversity Requirement if not used for GEC Senior Studies Requirement.). Prerequisites: Economics/Business 180, Economics 210, Economics 220, Business 230, Finance 237 (or permission of instructor for Asian Studies majors).

BUSN 480: Soc Security,Pensions, Retirement

Analyzes social security, pensions, and retirement from three perspectives: the individual, the business firm, and public policy. The course will address a range of issues drawing upon microeconomic theory, macroeconomic theory, and finance. The impact that the baby boomers' retirement has had on the economy has received much attention in public policy debates. Those debates include widely differing characterizations of the problems and solutions. Students will be expected to develop their own critical sense of these issues. Open to senior business or economics majors or juniors as space allows. (May be taken by economics and business majors to meet GEC Senior Studies Requirement.)

BUSN 483: Behavioral Economics

This course is designed to introduce students to behavioral economics, an emerging subfield of economics that incorporates insights from psychology and other social sciences into standard economics. It will examine experimental evidence of how human behavior systematically departs from the standard assumptions of economics, and will investigate attempts by behavioral economists to improve economic analyses. Prerequisites: Economics 180 and Economics 210.

BUSN 489: Globalization and Its Impact

Examines the impact of globalization on rich countries (the United States) and poor countries (Mexico, India, and China). An examination of free trade agreements will cast light on the political motives behind these agreements as well as the economic projections made. The economic impact of the creation of free trade zones is explored using both microeconomics and macroeconomics. Statistical evidence will document whether globalization has caused growth in GDP, employment, and income in poor countries. The responsibility of multinational companies in creating sweatshops, worker exploitation, and cultural disintegration are discussed in light of U.S. businesses located in Mexico, India, and China. (Meets GEC Cultural Diversity Requirement. May be taken by economics and business majors to meet GEC Senior Studies Requirement.) Prerequisites: Economics 110, 180, 210, and 220.

BUSN 490: Internship

Provides an opportunity to supplement academic training with work experience in the field of business and economics. Interested students must work with Career Services to develop a resume and register with the instructor by the following deadlines: by April 1 for a Fall internship; by November 1 for a Spring internship; and by the week following spring break for a Summer internship. Business and Economics internships may be done for either one or two credits. Internships need to be for different experiences therefore continuation of previous internships, part-time or summer jobs is not allowed. The department will not give credit for internships that do not build directly on prior course work. Students on academic probation are ineligible for this program. Contact the Internship Supervisor for Economics and Business regarding additional information and guidelines.

ECON 110: Principles of Economics

An introduction to both microeconomics, the theory of consumer and producer behavior, and macroeconomics, the determination of aggregate levels of production, employment, inflation, and growth. Application of economic principles to the analysis of current problems of the U.S. economy.

ECON 180: Quant Methods for Econ & Busn

Distribution analysis, sampling theory, statistical inference, and regression analysis, with emphasis on the application of statistical techniques using spreadsheet software to analyze economic and business issues. Students who have taken this course will not receive credit for any other basic statistics course, including Mathematics 150.

ECON 210: Microeconomic Theory

Application of both theoretical and empirical analysis to consumer demand; to the firm both as producer of goods and as buyer of inputs, in both monopoly and competitive markets; and to public policy issues such as public goods, law and economics, and the environment. Prerequisites: ECON 110 and MATH 110 or MATH 160 with grades of C- or better.

ECON 220: Macroeconomic Theory

Analysis of the determinants of aggregate production, prices, interest rates, and employment in macroeconomic models that combine the business, household, government, and financial sectors. Prerequisites: ECON 110 and MATH 110 or MATH 160 with grades of C- or better.

ECON 240: Urban Economics

Application of economic analysis to current problems in urban and suburban America such as poverty, housing, transportation, growth, and finance. Prerequisite: ECON 110 with a grade of C- or better.

ECON 245: Child Labor in Latin America

Explores the role of child labor in the economies of developing Latin American countries, focusing on the question 'Do countries need to use child labor to industrialize?' Historically, industrialized countries have relied heavily on children to work in factories and mines. Today it appears history is repeating itself as developing countries utilize children in the informal sectors. The employment of children in Brazil, Colombia, Peru, Chile, and Argentina will be examined in detail. The economic, political, social/cultural, and technological explanations for child labor will be explored for each country. Prerequisite: ECON 110. (Meets GEC Cultural Diversity Requirement.)

ECON 265: Poverty, Inequality, Discrimination

This course explores how the discipline of economics can explain and analyze the causes and effects of poverty, inequality and discrimination. It will examine how various populations (defined by race, age, gender, class, sexual orientation, etc.) experience these differently. Students will be introduced to (1) economic theories of poverty, inequality and discrimination, (2) ways to measure each and (3) public policies designed to mitigate poverty, inequality and discrimination in the US. Since women are more likely than men to be poor and a large number of policies are aimed at women and children, particular emphasis is given to the role of gender. (Meets GEC cultural diversity requirement.) Prerequisite: ECON 110 with a grade of C- or better.

ECON 270: Free Trade or Fair Trade: Global

(Free Trade or Fair Trade: A History of Globalization) Mercantilism is a system of economic nationalism that views wealth as finite and international trade as win-lose. We will focus on the history of trade theory, starting with the Mercantilists in 16th Century Europe and moving through Adam Smith and David Ricardo into current thinkers. We will look at historical events – in particular the European Wars – and the impact of the mercantilist systems that led to these wars, focusing on the development of free trade theory in response. We will analyze the current free trade versus protectionism debate using economic analytical tools – focusing in particular on the difference between the short-run GDP maximization equation of trading partners versus long-run GDP maximization -- and discuss implications for public policy. Prerequisite: ECON 110

ECON 280: The Mexican-American Border

As the only place where the third world and first world touch, the Mexican-American border is unique. This course will focus on the border and how its unique location in the world has created a culture, language, politics, religion and economy that reflect the interdependence between these two neighboring countries. The course will begin with the history of the border from the Gadsden Purchase in 1854 to the passage of NAFTA in 2004 and then examine the impact of free trade on Mexico. The course will explore how people (immigration - both legal and illegal), resources (oil, workers), consumer products (household appliances, food, music, and art), environmental waste (toxic waste, water and air pollution) and technology (outsourcing) cross borders as globalization impacts both Mexicans and Americans. The course involves a three-week stay along the border in May. Pre-requisites: ECON 110 and SPAN 112 or its equivalent. (Meets GEC Cultural Diversity Requirement.)

ECON 310: Industrial Organization

Analysis of the behavior of firms under different industrial structures - competitive, monopolistic, oligopolistic. An evaluation of antitrust policies and other government regulations of industry. Specific topics covered include advertising, auctions, networks, product differentiation, market standards, and vertical and horizontal integrations. Prerequisite: ECON 210 with a grade of C- or better.

ECON 313: Money & Banking

Analysis of bank and nonbank financial institutions. Topics include the S&L crisis, the impact of the 1980 and 1982 deregulation acts, the changing role of the Federal Reserve and the ability to conduct effective monetary policy, and bank asset and liability management. Prerequisite: ECON 220 with a grade of C- or better.

ECON 320: Labor in the American Economy

Standard theories of labor economics are developed. Topics include labor supply, labor demand, education, discrimination, contracting, and unions. Particular emphasis is given to the labor force participation of married women and single mothers, earnings, wage distributions and inequality, job training, and employment benefits. Empirical analysis complements theoretical modeling, especially in the area of women's work and international comparisons regarding labor laws and labor market outcomes. Prerequisite: ECON 210.

ECON 325: Economics of Land

(The Economics of Land: Valuation, Use, and Taxation) The course examines several different roles of land in the economy; as a productive asset, as an investment, as a store of value, and as a base for taxation. Topics to be covered include various definitions of property rights, regulatory policy toward land use and land preservation, models of land valuation, and the theory and practice of property taxation and tax preferences. We will examine policies across different states, countries, and eras. Prerequisite: ECON 210.

ECON 330: Econometrics

Use of statistical methods, especially multiple regression, to test hypotheses based on economic theory. Some use of computer programs. Prerequisites: Economics/Business 180 with a grade of C- or better; Economics 210 or Economics 220.

ECON 340: Environ & Natural Resource Econ

Examines different economic theories regarding optimal use of renewable and nonrenewable resources, why market responses to pollution are typically unsatisfactory, and optimal pollution control. These theories are then applied to the real world, taking into consideration political and technological constraints. The impact of past and current policy on the environment will be studied, as will the potential impact of proposed legislation. Prerequisite: Economics 210 or permission of the instructor.

ECON 345: Economics and Law

This course covers an economic analysis of laws and legal institutions with an emphasis on how they affect markets and individual decision-making. Topics covered will include property, contract, tort, criminal, environmental, and antitrust laws. Prerequisite: ECON 210.

ECON 350: Public Finance

Theory and policy analysis of the effects of government spending and taxation on the allocation and distribution of income. Special attention is given to tax reform proposals and other current policy issues. Prerequisite: Economics 210 with a grade of C- or better.

ECON 360: Health Economics

Examines how economic analysis can be applied to various components of the health care system. Microeconomic theory is used to understand the operation of health care markets and the behavior of participants (consumers, insurers, physicians, and hospitals) in the health care industry. International comparisons and the role of the public sector will be included. Prerequisites: Economics 180 and 210.

ECON 370: Managerial Economics

Analyzes the various ways in which microeconomic principles and quantitative tools can be used to aid managers in making sound decisions. Topics include forecasting consumer demand, production and cost analysis, optimal pricing and production decisions, sensitivity analysis, and capital budgeting. Prerequisites: Economics 180 and 210.

ECON 375: Economics of Sport

The purpose of this course is to analyze the economics of sport. Sport throughout the world has a distinct and substantial commercial character, and developments in the world of modern sport cannot be fully understood without applying economic principles and methodology. Topics discussed include the market for players, the implications of the functioning of league monopolies, and an analysis of the economic impact of stadiums and mega-sports events such as the World Cup and the Olympic Games. Prerequisite: Economics 210.

ECON 380: Game Theory

Game theory is the study of purposeful behavior in strategic situations. Game theory incorporates mathematical models of conflict and cooperation in situations of uncertainty (about nature and about decision makers). Various solution concepts such as Nash equilibrium, subgame perfect equilibrium, Bayesian and perfect Bayesian equilibrium will be analyzed. These concepts will be illustrated using a variety of economic models, from industrial organization, bargaining, the role of repeated interaction, and models of asymmetric information. Prerequisites: Economics 210 and Mathematics 110 with grades of C- or better.

ECON 381: Economics of Development

Studies the problem of sustaining accelerated economic growth in less-developed countries. This course emphasizes the issues of growth; poverty and inequality; how land labor and credit affect economic development; problems of capital formation, economic planning and international specialization and trade; and the interaction of industrialization, agricultural development, and population change. Prerequisites: Economics 180 and Economics 210. (Meets GEC Cultural Diversity Requirement.)

ECON 385: Mathematical Economics

Calculus and linear algebra are applied to the analysis of microeconomic and macroeconomic theory. The tools of mathematical optimization are developed with a particular focus on comparative statics. Issues of discrete and continuous time and uncertainty in economics are explored. Prerequisites: Mathematics 111 and Econonomics 210 or 220; or permission of instructor.

ECON 425: Business & Economic Forecasting

Employs regression techniques, time-series analysis, and business and economic indicators for forecasting economic and business variables. Prerequisites: Economics 110 and 180. (May be taken by economics and business majors to meet GEC Senior Studies Requirement.)

ECON 430: International Trade Theory & Policy

Analysis of elements of economic structure that determine trade flows, theory relating to how trade flows alter economic structure, the free trade versus protectionism argument, and selected topics in international economic integration and development. Prerequisites: Economics 210 and 220; junior or senior standing. (May be taken by economics and business majors to meet GEC Senior Studies Requirement; meets GEC Cultural Diversity Requirement.)

ECON 431: International Finance

Identifies and analyzes fundamentals of international financial theory. Topics include exchange rate determination, balance of payments accounting, and international monetary systems and their evolution. Prerequisites: Economics 210 and 220; junior or senior standing. (May be taken by economics majors to meet GEC Senior Studies Requirement.)

ECON 440: Advanced Macroeconomics

Analysis and comparison of Keynesian, neoKeynesian, neoclassical, monetarist, and rational expectationist perspectives on macroeconomic theory and stabilization policy. Prerequisites: Mathematics 110 and Economics 220; junior or senior standing. (May be taken by economics majors to meet GEC Senior Studies Requirement.)

ECON 480: Soc Security,Pensions, Retirement

Analyzes social security, pensions, and retirement from three perspectives: the individual, the business firm, and public policy. The course will address a range of issues drawing upon microeconomic theory, macroeconomic theory, and finance. The impact that the baby boomers' retirement has had on the economy has received much attention in public policy debates. Those debates include widely differing characterizations of the problems and solutions. Students will be expected to develop their own critical sense of these issues. Open to senior business or economics majors or juniors as space allows. Prerequisite: Economics 210.(May be taken by economics and business majors to meet GEC Senior Studies Requirement.)

ECON 483: Behavioral Economics

This course is designed to introduce students to behavioral economics, an emerging subfield of economics that incorporates insights from psychology and other social sciences into standard economics. It will examine experimental evidence of how human behavior systematically departs from the standard assumptions of economics, and will investigate attempts by behavioral economists to improve economic analyses. Prerequisites: Economics 180 and Economics 210.

ECON 489: Globalization and Its Impact

Examines the impact of globalization on rich countries (the United States) and poor countries (Mexico, India, and China). An examination of free trade agreements will cast light on the political motives behind these agreements as well as the economic projections made. The economic impact of the creation of free trade zones is explored using both microeconomics and macroeconomics. Statistical evidence will document whether globalization has caused growth in GDP, employment, and income in poor countries. The responsibility of multinational companies in creating sweatshops, worker exploitation, and cultural disintegration are discussed in light of U.S. businesses located in Mexico, India, and China. (Meets GEC Cultural Diversity Requirement. May be taken by economics and business majors to meet GEC Senior Studies Requirement.) Prerequisites: Economics 110, 180, 210, and 220.

ECON 490: Internship

Provides an opportunity to supplement academic training with work experience in the field of business and economics. Interested students must work with Career Services to develop a resume and register with the instructor by the following deadlines: by April 1 for a Fall internship; by November 1 for a Spring internship; and by the week following spring break for a Summer internship. Business and Economics internships may be done for either one or two credits. Prerequisites: junior or senior standing, Economics 110 with a grade of C- or better as well as other designated courses relevant to the internship and earning a C or better in combination of these courses and Economics 110. Internships need to be for different experiences therefore continuation of previous internships, part-time or summer jobs is not allowed. The department will not give credit for internships that do not build directly on prior course work. Students on academic probation are ineligible for this program. Contact the Internship Supervisor for Economics and Business regarding additional information and guidelines.

FIN 237: Introduction to Finance

An overview of financial markets and corporate procedures and the ways they influence the allocation of scarce resources over time and under uncertainty. An introduction to investment theory and corporate finance is provided and specific financial securities and corporate practices are discussed. Prerequisites: Economics 110 and Economics 180/Business 180 with grades of C- or better.

FIN 337: Real Estate Finance

An examination of the fundamental concepts, principles, and analytical methods involved in debt financing of residential and commercial real estate. Through lectures, readings, problem sets, casework, presentations and exams, students will develop and demonstrate their understanding of the process of underwriting and financing residential and commercial properties. Mortgage financing for the purpose of homeownership will lead to a focus on income-producing properties for the purpose of investment. Both the perspectives of the borrower as well as of the lender will be considered. Present value calculations and capitalization rates will be emphasized. The role of real estate capital markets will be introduced. Prerequisite: Finance 237.

FIN 360: Entrepreneurial Finance

Entrepreneurialism thrives in the U.S. and is essential to the country's economy with well over half a million new business ventures being launched each year. According to the U.S. Census Bureau, small businesses employ half of all private sector employees and have generated the majority of new jobs in recent years. It is likely that many of today's business college graduates will work at, finance, and possibly start-up new business enterprises. The objectives of the course include: (i) gaining an understanding of the new business venture process, (ii) examining the financial aspects of strategic and business planning, (iii) developing the tools for financial forecasting, and (iv) establishing a framework for business valuation–both from the entrepreneur's and investor's perspective. Prerequisites: FIN 237 and BUSN 230.

FIN 365: Fundamental Equity Analysis

Fundamental equity analysis is a stock investment technique based on the economic concept that markets are not implicitly efficient, but instead trend towards efficiency in part using fundamental analysis as a tool to outperform markets by arbitraging inefficiencies in the market. The goal of fundamental equity analysis is to seek out discrepancies in consensus views on equity securities that impact valuation using a combination of financial statement analysis and forecasting, industry/sector analysis and forecasting in tandem with disciplined approaches to valuation based on various objective quantitative criteria. Upon completing this course, students will have a rudimentary working understanding of the methodology fundamental analysts use to pick sectors and stocks. The course is heavily writing-intensive, with weekly case studies. Prerequisites: FIN 237 and BUSN 230.

FIN 380: Investment Analysis

The process of selecting among alternative financial assets from the viewpoint of the individual. Emphasizes such topics as the evaluation of risk and return, security markets and industry developments, regulatory practices, and portfolio theory. Prerequisites: Economics 180 and Finance 237.

FIN 385: Options and Futures

This course introduces the economic functions of options and futures markets, discusses the basic underlying pricing mechanism of options and futures contracts, and provides a working knowledge of these contracts as risk management tools. Prerequisites: Economics 180 and Finance 237.

FIN 415: Corporate Finance

Theoretical and empirical issues in corporate finance are examined from the perspectives of the firm, the shareholders, and public policymakers. Topics covered include leveraged buyouts and mergers, dividend policy, techniques used to raise capital, and the impact of the tax system on corporate activity. Prerequisites: Mathematics 110 and Finance 237; junior or senior standing.

FIN 490: Internship

Provides an opportunity to supplement academic training with work experience in the field of business and economics. Interested students must work with Career Services to develop a resume and register with the instructor by the following deadlines: by April 1 for a Fall internship; by November 1 for a Spring internship; and by the week following spring break for a Summer internship. Business and Economics internships may be done for either one or two credits. Prerequisites: junior or senior standing, Economics 110 with a grade of C- or better as well as other designated courses relevant to the internship and earning a C or better in combination of these courses and Economics 110. Internships need to be for different experiences therefore continuation of previous internships, part-time or summer jobs is not allowed. The department will not give credit for internships that do not build directly on prior course work. Students on academic probation are ineligible for this program. Contact the Internship Supervisor for Economics and Business regarding additional information and guidelines.