An examination of the interaction of political and economic systems in the U.S. and other countries, how groups in societies are helped and harmed by this interaction, and the decision-making processes used. This course is a one trimester survey of economics for students not majoring or minoring in economics or a business discipline. An introduction to the fundamental principles of macroeconomic analysis. An introduction to the fundamental principles of microeconomic analysis. The basic principles relating to the decision-making by the individual household and the individual firm under different market structures, the allocation of society's resources and international trade and balance of payments are studied.
Special emphasis is placed on the microeconomic foundations of macroeconomic theory.
Econ 52-353 recommended. A course in management accounting designed for accounting majors. Emphasis is placed on collection and presentation of accounting information in a manner useful for decision-making, as well as how the electronic spreadsheet helps facilitate this process. Also includes a study of ethical considerations as they relate to managerial accounting. Provides a study of branch accounting, consolidated statements, partnerships, reorganization consignments and installments, and international accounting.