Biola_Catalog_19660101NA

SO C I A L SC I E N C E 91 on the level of aggregate expenditures, price, employment, and output with special emphasis on the analysis of commer­ cial banking, financial intermediaries, monetary system and policy. Prerequisite: 201, 202 / BUSINESS LAW. (3) A survey and interpretation of the various laws that coordi­ nate and control the practice of modern business. Prerequisite: 201, 202

360.

410. NATIONAL INCOME ANALYSIS. (3)

Economic theory of the determinants and determination of the equilibrium level of national income, employment, and price through the integrated analysis of the labor, money, and product markets. Survey and analysis of the practice of contemporary national income accounting and of the theoreti­ cal as well as historical foundations of the modern fiscal and monetary policies of the United States. Prerequisite: 201, 202

411. BUSINESS ECONOMICS. (3)

An analysis of the operation of a price system in a private enterprise economy with a special emphasis upon the process of pricing of inputs and outputs of the business firm under various market structures. Prerequisite: 202 415. BUSIN~SS ORGANIZATION AND MANAGEMENT. (3) Survey and analysis of the principles, practices, and prob­ lems of business organization and planning.

GEOGRAPHY 301.

INTRODUCTION TO PHYSICAL GEOGRAPHY. (3) The basic physical elements of geography such as climate, landforms, soils, and natural vegetation together with their integrate patterns of world distribution. INTRODUCTION TO CULTURAL GEOGRAPHY. (3) Basic cultural elements of geography such as population dis­ tribution, general land-use patterns, trade, and their correla­ lation with the physical elements. ECONOMIC GEOGRAPHY. (3) Development of the world's agricultural, mineral, and in­ dustrial products, and an analysis of the related economic, political, and l)hysical factors.

302.

303.

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