Business Administration Economics and Finance Short Term Certificate

Program Overview

This program provides a comprehensive understanding of financial management and economic principles. Students will learn about maximizing business value, allocating resources, and making financial decisions. They will also explore microeconomic and macroeconomic theories, examining the relationship between individuals and the supply and demand of goods and services, as well as the functioning of the U.S. economy.

Program Outline

Outline:

BUS 280 Managerial Finance (5 credits)

Focuses on maximizing economic value or wealth for business owners: a study of how to allocate scarce resources over time under conditions of uncertainty. Students will consider such financial decisions as when to introduce a new product, when to invest in new assets, when to replace existing assets, when to borrow from banks, when to issue stocks or bonds, and how much cash to maintain. Concepts of cash flow analysis and financial planning, time value of money, net present value of cash flows, valuation of stocks and bonds, capital budgeting, and ratio analysis will be explored.

ECON& 201 Microeconomics (5 credits)

Promotes use of critical thinking to explore an individual's relationship to the supply and demand of goods and services. Tools of economic analysis are used to investigate management of environmental systems.

ECON& 202 Macroeconomics (5 credits)

Presents economic theories used as tools for critical thinking to show how the U.S. economy operates. Emphasis on causes and consequences of unemployment and inflation and how they affect the well-being of Americans. The use of government spending, taxation, and the monetary system to promote full employment and stable prices will be examined. Explores role of energy and natural resources in shaping our economic future.