Biola_Catalog_19760101NA

330 MARKETING (3) Methods, policies , and principles of modern marketing systems; various channels of distribution and future trends. Prerequisite: Economics 201. 361 , 362 BUSINESS LAW (3, 3) First semester: Function of law in our society, contracts, agency, Uniform Commercial Code, Second Semester: Property, partnerships, security agreements , government and business. Prerequisite for 362 is 361. 364 SMALL BUSINESS MANAGEMENT (3) Methods , problems, and factors involved in launching and operating small mercantile or service business. Includes field trips. Prerequisite: 111 or 211. Alternate years, offered 1977-78. 370 BUSINESS FINANCE (3) Problems and methods in securing funds for business firms ; nature of securities markets , short and long-term financing. Prerequisite: 211 , 212. 411 ADVANCED ACCOUNTING (3) Provides more advanced concepts of partnership, special sales procedures, consolidations., fiduciaries and actuarial problems. Prerequisite: 312, 313. Alternate years, offered 1977-78. 412 AUDITING (3) Standards and control concepts; internal control and procedures; closing the audit. Prerequisite: 312, 313. Alternate years, offered 1977-78. 415 BUSINESS MANAGEMENT AND ORGANIZATION (3) Principles of organization, authority, responsibility, and accountability; problems of location , risks , merchandising control, levels of management, and human relations of the business enterprise. Prerequisites: 212 , Economics 201. Offered on sufficient demand. 418 PERSONNEL MANAGEMENT (3) Organization and role of the personnel department in business; analyzing and solving case problems drawn from industry. Includes field trips. 437 REAL ESTATE (3) Laws relating to rights and obligations inherent in ownership of real property; how title to real property is transferred; homesteads, trust and deeds, liens ; land descriptions; escrow procedure; title insurance; the real estate broker. Alternate years, offered 1976-77. 450 DIRECTED READING (3) Extensive exploration o f the literature in a selected field of business under faculty guidance. Prerequisite: Upper division standing and consent. 462 INVESTMENTS (3) Principles for the individual investor; tests of a sound investment; information sources; types of stocks and bonds; mechanics of purchase and sale. Prerequisite: Economics 201. 470 RESEARCH (3) Methods of modern research in industry , with projects designed to provide actual research experience. Prerequisite: 330; Economics 201, 202, Mathematical Sciences 201. Economics 201 , 202 PRINICPLES OF ECONOMICS (3, 3) Principles underlying the U.S. balance of payments, the Gross National Product, inflation, unemployment, ecology problems. Fall semester: Macro-economics; Spring semester: Microeconomics. 345 CURRENT ECONOMIC ISSUES (3) Reading and analysis of articles in periodicals and the daily press relating to economic problems. Utilizes principles developed in Economics 201 , 202. Offered on sufficient demand. 350 MONEY AND BANKING (3) Nature , functions , and flow of money and credit in the American economy and the world; analysis of commercial banking and our monetary system. Prerequisite: 201. Alternate years , offered 1976-77. 360 ECONOMIC HISTORY OF THE UNITED STATES (3) Key developments chronologically in agriculture , commerce, communications , industry, finance , and transportation: perspective in business administration and problem solving. Prerequisite: Consent. See also History 360. 430 INTERNATIONAL ECONOMICS AND TRADE (3) Principles and theory of international trade; analysis of U.S. trade with leading industrial nations; trade and growth in developing countries; national policies affecting trade; economics of foreign exchange; balance of payments and monetary arrangements. Prerequisite: Economics 201. Alternate years, offered 1977-78. Business Education 422 BUSINESS EDUCATION AND THE COMMUNITY (3) Factors that affect the development and operation of the Business Education program in meeting the needs of the community. Offered on sufficient demand. 423 CURRENT PROBLEMS IN BUSINESS EDUCATION (3) Problem of relating course content to the needs of industry, state, and national organizations. Offered on sufficient demand.

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