History, theory, and practice of methods. This course provides students with insights into an organization's responsibilities to its employees, customers, shareholders, and the community at large. The course is based on moral principles and codes of ethics that set standards for operating a business. Introduction to the structure and role of modern business organizations and to the social process of management as it utilizes the new techniques of the behavioral sciences in planning, directing, organizing, and controlling resources. This course covers topics such as foreign exchange markets, interbank trading, interest rate parity, purchasing power parity, exchange rate forecasting, financing international trade, multinational capital budgeting, etc.
Emphasis is placed on three forms of business organization.
Instruction integrates personal computer and software for business and economics. An ethical analysis to help decide how economic life should be lived and to debate the proper role of government in the economy. Examination of several economic systems with focus upon the deeper human values questions to determine what is at stake in economic decisions. Emphasis is placed on the economic problems of the former Eastern European and Soviet systems as well as the newly industrialized countries. An in depth examination of issues and policies relating to business and economics and their effect on local and global communities.