This course is an accelerated inquiry into micro and macroeconomics concepts, theories and policies. Students discuss microeconomic topics including supply, demand, and markets. Students will also review macroeconomics topics such as money, financial markets, business cycles, and economic policy. A pre-test will be given in this course to determine level of competancy. This course is a basic study of cost, managerial accounting and the internal accounting concepts and procedures used in the decision-making process.
Students apply planning and control techniques to achieve various objectives.
Students also discuss activity-based costing, job costing, process costing and differential cost analysis. This course is an overview of the principles of financial management. Students also discuss managerial topics, which include dividend policy, capital structuring, and working capital management. This course reviews statistics, mathematics, and decision theory that help clarify managerial problems and aid in selecting courses of action. Students will analyze and interpret numerical data for management decision-making applying techniques such as data sampling, statistical inference, hypothesis testing, correlation studies, regression analysis, queuing models, distribution models and decision theory.