Biola_Catalog_19800101NA

money; savings methods; purchase of life, health, property, and auto insurance ; buying or renting property; taxes; buying securities; small business opportunities; wills and estates. 370 BUSINESS FINANCE (3) Problems and methods in securing funds for business firms ; nature of securities markets , short and long-term fiAancing. Prerequisites: 191 , 212. 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. Prerequisite: 361 462 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 202, 370. Management Courses 111 BUSINESS METHODS AND PROBLEMS (3) An introduction to the various major areas of business activity , ways in which businesses are organized , operated and financed , and types of problems they encounter. 318 PERSONNEL MANAGEMENT (3) Organization and role of the personnel department in business; analyzing and solving case problems drawn from industry. Includes field trips. Prerequisite: Upper division standing.

trade and the balance of payments. Second semester: Microeconomics, analysis of the firm in free competition , monopoly, monopolistic competition, labor markets, limiting market power, consumer choice, alternative economic systems and resource 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 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. 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. 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. Finance Courses 229 PERSONAL AND FAMILY FINANCES (3) Managing family finances; budgeting; use of credit; borrowing

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