Students are introduced to financial management of proprietorships, partnerships, and corporations. Concepts of risk and return, time value of money, and stock and bond valuation are analyzed from a quantitative approach and applied throughout the course. Additional topics covered are the cost of capital as related to discounted cash flow, capital budgeting, and strategic financing decisions. A project consisting of several spreadsheet applications will be utilized in order to expose students to their potential for financial analysis. Topics covered include: basic financial statements, financial ratio analysis, time value of money, valuation and rates of return, the cost of capital, and capital budgeting.

*Prerequisite(s): Junior standing and grades of "C-" or better in ECON 1530 Macroeconomic Principles or ECON 1540 Microeconomic Principles, ACCT 1320 Principles of Accounting II, and a department-approved Math course (MATH 1100 College Algebra, MATH 1400 Pre-Calculus, MATH 1450 Finite Mathematics, MATH 1500 Calculus for Management, Biological, and Social Sciences or MATH 1600 Calculus I), or permission of the instructor. *

(Normally offered each semester.)

ECON 1530 Macroeconomic Principles (3 hours)

An examination of the macroeconomic theories, problems, and policies of the U.S. economy. Topics include supply and demand, a description of the main sectors of the economy, and the role of government in stabilizing the economy with monetary and fiscal policies.

(Normally offered each semester.)

Archway Curriculum: Foundational Literacies: Scientific Investigations: Social Science

Archway Curriculum: Integrative Core: Going Global Thread

ECON 1540 Microeconomic Principles (3 hours)

An examination of the microeconomic theories, problems, and policies of the U.S. economy. Topics include the theory of the firm, market structures, and current economic issues such as income distribution, antitrust policy, poverty, the farm problem, and international trade.

*Prerequisite(s): ECON 1530 Macroeconomic Principles strongly recommended. *

(Normally offered each semester.)

Archway Curriculum: Foundational Literacies: Scientific Investigations: Social Science

Archway Curriculum: Integrative Core: Power Thread

ACCT 1320 Principles of Accounting II (3 hours)

The role of accounting in the formation and capitalization of corporations is studied. Other topics include cash flow, analysis and interpretation of financial statements, and basic managerial accounting.

*Prerequisite(s): Grade of "C-" or better in ACCT 1310 Principles of Accounting I. *

(Normally offered each semester.)

MATH 1100 College Algebra (3 hours)

A study of functions from algebraic, graphical, numerical and modeling perspectives. The functions are chosen from among linear, polynomial, rational, exponential and logarithmic.

*Prerequisite(s): Math ACT score of at least 21.*

(Normally offered each semester.)

Archway Curriculum: Foundational Literacies: Mathematical Problem Solving

MATH 1400 Pre-Calculus (4 hours)

A study of elementary functions, their graphs, and applications, including polynomial, rational, algebraic, exponential, logarithmic, and trigonometric functions.

*Prerequisite(s): Math ACT score of at least 24 or grade of "C" or better in MATH 1100 College Algebra. *

Archway Curriculum: Foundational Literacies: Mathematical Problem Solving

MATH 1450 Finite Mathematics (4 hours)

A survey of specialized mathematical techniques used to solve contemporary problems in business, economics and the social sciences. Topics may include linear regression, mathematical finance, systems of equations, matrix algebra, linear programming, enumeration, probability, and statistics.

*Prerequisite(s): Math ACT of at least 24 or a grade of "C "or better in MATH 1100 College Algebra.*

(Normally offered each semester.)

Archway Curriculum: Foundational Literacies: Mathematical Problem Solving

MATH 1500 Calculus for Management, Biological, and Social Sciences (4 hours)

A calculus course for non-mathematics majors. Topics include limits, continuity, differentiation, and integration with emphasis on relevant applications.

*Prerequisite(s): Math ACT score of at least 24 or grade of "C" or better in MATH 1100 College Algebra. *

(Normally offered once a year.)

Archway Curriculum: Foundational Literacies: Mathematical Problem Solving

MATH 1600 Calculus I (5 hours)

An introduction to calculus of a single variable. Topics include limits, continuity, differentiation, and beginning integration with applications. Assignments are given that help build proficiency in the use of a computer algebra system.

*Prerequisite(s): Math ACT score of at least 27, or a grade of "C" or better in MATH 1470 Trigonometry or MATH 1400 Pre-Calculus, or permission of the instructor. *

(Normally offered each semester.)

Archway Curriculum: Foundational Literacies: Mathematical Problem Solving