Biola_Catalog_19840101NA

370 BUSINESS FINANCE (3) Problems and methods in securing funds for business firms; nature of securities markets, short- aod long-term financing. Prerequisites: 190, 212. 400 PERSONAL AND INSTITUTIONAL FINANCE FOR CLERGY (3) Budgeting and financial management. In ­ vestments, savings plans and banking. Mon­ ey, loans and credit Leasing and purchasing real estate. Clergy compensation consider­ ations. Taxes for clergy, churches and non­ profit institutions. Personal and institutional insurance, wills and estates. (Credit not giv­ en toward business major.) Alternate years. 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 insur­ ance; the real estate broker. Prerequisite: 361. 462 INVESTMENTS (3) Principles for the individual investor; tests of a sound investment. information sources; types of stocks and bonds; me­ chanics of purchase and sale. Prerequisite: 202, 370. Management Courses I I I BUS"INESS METHODS AND PROB­ LEMS (3) An introduction to the various major areas of business activity, ways in which businesses are organized, operated and fi e nanced and types of problems they en­ counter. 318 PERSONNEL MANAGEMENT (3) Organization and role of the personnel department in business; analyzing and solv­ ing case problems drawn from industry. Prerequisite: upper division standing.

313 COST ACCOUNTING (3) Cost accounting from managerial, con­ ceptual and technical viewpoints; product, labor, material and overhead costing; plan­ ning and control processes; analytical pro­ cedures. Prerequisite: 212. 3 14 FEDERAL INCOME TAX FOR INDI­ VIDUALS (3) An explanation of the federal income tax law as it relates to individuals. The tax structure is examined in light of its histori­ cal development with emphasis on prob­ lem solving. Prerequisite: 21 2. 315 FEDERAL INCOME TAX FOR PART­ NERSHIPS, CORPORATIONS AND ESTATES (3) An explanation of the federal income tax law as it relates to partnerships and corporations. Estate taxes are reviewed with historical perspective. Problem solv­ ing is emphsized to provide the student with practice in application of tax principles to specific situations. Prerequisite: 212. 41 I ADVANCED ACCOUNTING (3) Provides more advanced concepts of partnership, special sales procedures, con­ solidations, fiduciaries and actuarial prob­ lems. Prerequisites: 3 13. 412 AUDITING (3) Standards and control concepts; internal control and procedures; closing the audit Prerequisites: 3 12, 3 I J Computer Information Systems IO I INTRODUCTION TO COMPUTER SCIENCE (3) Introduction to computer hardware & software. Problem solving methods elementary concepts of algorithm devel­ opment. Basic programming fee $ 15.00. (See also COS IO I)

the firm in free competition, monopoly, monopolistic competition, labor markets, limited market power, consumer choice, alternative economic systems and re­ source allocation. Prerequisite for 202 is 201. 345 CURRENT ECONOMIC ISSUES (3) Reading and analysis of articles in periodicals and the daily press relating to economic problems. Utilizes principles de­ veloped in 20 I , 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 U.S. monetary system. Prerequisite: 201. 360 ECONOMIC HISTORY OF THE UNITED STATES (3) Key developments chronologically in ag­ riculture, commerce, communications, in­ dustry, finance and transportation: per­ spective in business administration and problem solving. See also history 360. 430 INTERNATIONAL ECONOMICS AND TRADE (3) Principles and theory of international trade; analysis of U.S. trade with leading in­ dustrial nat ions; trade and growth in devel ­ oping countries ; national policies affecting trade; economics of foreign exchange; bal ­ ance of payments and monetary arrange­ ments. Prerequisite: 20 I , 330. Fi nance Courses 229 PERSONAL AND FAMILY FI­ NANCES (3) Managing family finances; budgeting; use of credit; borrowing money; savings meth­ ods; purchase of life, health, property and auto insurance; buying or renting property; taxes; buying securities; wills and estates.

275 APPLICATIONS PROGRAM DEVEL­ OPMENT (3) Elementary concepts of data structures, file organization and processing. Computer problem solving methods. COBOL Lan­ guage, COBOL laboratory. Prerequisite: IO I . Fee: $15.00. (See also COS I02) 280 SYSTEMS ANALYSIS & DATA OR­ GANIZATION (3) Business computing systems. Systems development life cycle, techniques & tools of systems documentation and logical sys­ tem specifications. Concepts and Tech­ niques of structuring data on bulk storage devices. File processing techniques. COBOL programming. Prerequisite: 275. Fee $ 15.00. (See also COS 20 I). 302 COMPUTER ORGANIZATION (3) Organization and structuring of maior hardware components of computers. Me­ chanics of information transfer and control within a digital computer system. Fundamentals of logic design. Prerequisite: IOI, 201. 402 DATA BASE MANAGEMENT (3) Integrated data base systems, logical or­ ganization, data description language (DDL), data manipulation language (DML), hierarchical networks and relational data bases, overview of selected data base management systems (DBMS). Prerequi­ site: 280. Fee: $ I 0.00. (See also COS 20 I ). 425 APPLI ED SOFTWARE DEVELOP­ MENT PROJECT (3) A capstone systems course integrating the knowledge and abilities gained through other computer related courses, cu lminat­ ing in a comprehensive systems develop­ ment project. Prerequisites: 280, 402. Economics Courses 20 I, 202 PRINCIPLES OF ECONOMICS (3, 3) First semester: Macroeconomics: supply and demand analysis, fiscal and monetary policy, money and banking, international trade and the balance of payments. Sec- ond semester: Microeconomics: analysis of

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