2009-2011 - Benedict College

BUSINESS AND ECONOMICS 87
minority workers. A brief history of the organized labor movement in the United States is also included.
Prerequisites: EC 230 and EC 231.
EC 434 Seminar on Current Economic Problems
credit 3 hrs
The course covers topics such as poverty, unemployment, income inequalities, economics of race,
gender and discrimination and other contemporary problems. Prerequisites: Permission of instructor.
EC 435 Managerial Economics
credit 3 hrs.
The applications of economic theory to the problems of management are covered. The tools of economic
theory used by business managers in their decision-making process are analysis. Topics
include cost and profit analysis, capital budgeting, and supply and demand elasticities. Prerequisites:
EC 230 and EC 231.
EC 436 Economics of Development
credit 3 hrs.
The course is designed to acquaint students with the theories on the rising level of economic activity
in the underdeveloped countries of Africa, Asia, and Latin America. The policies for economic development
that have been employed in less developed countries are surveyed and analyzed. The economic
relations of less developed countries with the developed countries, as well as with other less
developed countries, are analyzed. Prerequisites: EC 230 and EC 231.
FINANCE COURSES
Fin 330 Principles of Finance
credit 3 hrs.
The course analyzes the activities involved in raising and administering funds used in business. The
problems of planning for and financing recurring long- and short-term needs are stressed. Attention is
also given to intermittent duties and equally important matters such as those associated with security,
insurance, mergers, and financial reorganizations. Prerequisite: BA130
Fin 338 Risk and Insurance
credit 3 hrs.
The course is a study of the theory of speculative and pure risk confronting the individual and the firm
and of the appropriate means of handling risks. Methods studied include loss prevention, risk retention,
and self-insurance. Specific types of insurance are studied, as well as the legal liability and its
role both in the private and public sectors. Prerequisite: Fin 330.
Fin 430 Investment Management
credit 3 hrs.
The course is a study of investment and portfolio analysis and presents a conceptual and analytical
framework for formulating both individual and corporate investment policies, analyzing securities, and
constructing portfolios. Prerequisite: Fin 330.
Fin 433 Real Estate: Principles and Practices
credit 3 hrs.
The course is an analytical study of the technical and legal aspects of real property ownership; the factors
which determine the economic value and productivity of real estate; governmental regulations
applicable to land utilization; the nature of the real estate business; and the initial steps required for
transfer of title, financing, and leasing. Prerequisite: Fin 330.
Fin 437 Corporate Finance
credit 3 hrs.
The course seeks to enlarge students' knowledge of financial analysis. It considers issues involved in
the fields of dividend policy, capital budgeting, cost of capital, and capital structure of the firm.
Prerequisite: Fin 330.
Fin 440 Internship
credit 3 hrs.
Internship integrates classroom study with planned and supervised experiences in business, government,
and social institutions outside the formal classroom environment. Field work experiences must
be appropriate and lend themselves to direct supervision by an assigned coordinator. If field work
space cannot be secured off campus, positions at the College will be used to provide the equivalent
experiences necessary to fulfill this requirement. Additionally, a research paper will be written.