ECONOMICS

ECON 2103 Principles of Microeconomics
A general education course designed to create an integrated thought pattern for
one's professional, cultural, economic, and spiritual life. A Biblical understanding
of wealth, labor, and career; ethical implications in the development of
commerce; comprehension of the capitalistic vs. state-owned issue; and working
knowledge of personal finance.

ECON 2203 Principles of Macroeconomics
This course will study overarching theories of economics. The study will include
the basic principles of production, consumption, exchange, income distribution,
and supply and demand. Attention will be paid to free market and supply side
theories as compared to socialist and government control.

ECON 3143 Money and Banking
This course examines currency, banking, credit, and financial institutions and
their impact on economic systems. Attention will be paid to the banking system
of the United States, the U. S. Treasury and the Federal Reserve.  Prerequisite:
ECON 2203

ECON 4223 Issues in Monetary Theory
The senior level seminar will study in-depth theories of monetary policy, the role
of money in society, interest rates, and various models dealing with monetary
theory. The theories of John Keynes and Milton Friedman will be contrasted
along with dynamic and static theories of taxation. Prerequisite: ECON 2203

ACCOUNTING

ACCT 2113 Accounting I
A study of the basic principles of accounting and their application to business,
covering journals, ledgers, summaries, etc.

ACCT 2133 Accounting II
A continuation of 2113 with an interpretation and use of the accounting data; partnership
and corporation accounts. Prerequisite: ACCT 2113.

ACCT 3313 Accounting For Nonprofit Organizations
A study of fund accounting in relation to nonprofit entities including ministries and churches.

BUSINESS

BUS 2113 Business Communications
A course to increase the effectiveness of written business communications,
including various business letters, articles, decision recommendations, and
business research reports. 

BUS 2223 Business Math
Practical application of the principles of mathematics to the functions of business.

BUS 2423 Business Statistics
An introductory course that studies descriptive statistics, probability concepts,
sampling distribution, hypothesis testing, and simple linear regression and
correlation analysis. Prerequisite: MATH 1213

BUS 2443 Introduction to Business
Principles, problems, and practices of the business world are explored. Various
fields of business and career opportunities in these fields are surveyed.

BUS 3113 Business Law
A study of the basic principles and concepts of laws affecting business
transactions. Included is an overview of the legal system as it relates to
business, contracts, sale of goods, credit transactions, property, and
incorporation. Laws relating to nonprofit organization will be studied.

BUS 3133 Business Ethics
This course provides an overview of ethical theories in relation to business
practices. Attention will be paid to the Biblical model of business relationships.
Application and consequences of ethical choices are explored. The student is
encouraged to develop his or her own system of business mores that will guide
them through their careers.

BUS 3213 Principles of Management
This course examines the theory and practice of higher levels of management.
Emphasis will be paid to developing the skills students will need as the student
develops his or her career: communication, vision, leadership, and understanding
personality differences. The four major principles of management will be
explored: planning, organization, leading and controlling. Prerequisite: BUS 2113

BUS 3222 Nonprofit Law
A study of the organization of the church as it relates to regulations governing
incorporation, trusteeship, operation, property, and tax-exempt status. Various
litigation that has affected the church and its ministry will be examined.

BUS 3243 Business Finance
This course will emphasize financial analysis, budgeting, working capital, short-
term and long-term corporate financing, the cost of capital, and the time value of
money. This course includes the Biblical concept of stewardship as it relates to
wise and ethical finance procedures. Prerequisite: ACCT 2113

BUS 3443 Principles of Marketing
This course studies the institutions and essential functions of marketing systems.
An overview of advertising theory will be provided along with an analysis of the
marketing mix: product, place, promotions, and price strategies. 

BUS 4113 Strategic Planning
This course studies the development and implementation of organization policy,
budgeting, and strategic analysis. Attention will be paid to vision planning,
mission statements, formulation of objectives, and assessment of strategies.
The role of social and moral responsibility, ethics, and other biblical concerns will
be analyzed in relation to a business strategic plan.

BUS 4121 Professional Report Writing
An applied writing course designed for specialist in the Business area. Practice
in precise interpretation of data, accuracy in reporting, and creativity in preparing
proposals will be emphasized. Grammar and precision related to the
marketplace will be the concentration.

BUS 4213 Human Resource Administration
This course studies personnel functions, relationships, employee selection,
testing, training, and incentives. Emphasis will be placed on a Biblical ethic of
handling conflict resolution, respectful treatment, and motivation of personnel.

BUS 4443 Business Information Systems
This course will emphasize the design and flow of information systems in the
marketplace. Problems with communication, information theory, document
control, and internal control will be studied. Attention will be paid to new
technology and computer applications in the field.

BUS 4662 Entrepreneurship
Entrepreneurial spirit serves as a major fuel source driving our economic base.  Linking
the science of business to entrepreneurship and its relative importance to our
economic system will be a major focus of this course.  Students will also be exposed
to the components of a practical business plan.

BUS 4663 Quantitative Analysis
A quantitative methods course that reviews descriptive statistics, probability concepts,
sampling distribution, hypothesis testing and studies analysis of variance, linear re-
gressions and correlation analysis.  Introduces statistical process control, forecasting
time series data and decision analysis.  Prerequisite:  MATH 1213

BUS 4993 Business Internship
Supervised experience in the workplace with a field supervisor approved by SCU
will combine practical experience and integrated learning. The internship
requires 240 hours of work experience during the junior or senior year.