2017 2018 Gannon University Undergraduate Catalog

Page 89

ECONOMICS 89

ACCT 420: Income Taxes This course is a study of the Federal Income taxation of individuals, partnerships, and some consideration of estates and trusts. This course includes an introduction to income tax research and places an emphasis on effective tax planning. Prerequisite: BCOR 215 3 credits ACCT 431: Advanced Taxes Taxation of corporations, partnerships, S corporations, estates and trusts, and tax accounting issues. Additional coverage includes an examination of the sources of tax laws and related tax research and planning. This course involved a service learning component in which the students participate in the Internal Revenue Service’s Volunteer Income Tax Assistance (VITA) program and prepare individual tax returns at a local community center. This component is required and may, at the option of the student, be used for one credit under ACCT 375 Organizational Internship. Prerequisite: ACCT 420 Income Taxes 3 credits ACCT 440: Financial Auditing This course introduces the theory and practice of auditing, duties and responsibilities of the auditor, and standards, procedures, internal control and management services performed by public accountants. Prerequisites: ACCT 313 or ACCT 315 3 credits ACCT 490: Special Topics Prerequisite: BCOR 215

1-3 credits

ECONOMICS (COURSE DESCRIPTIONS:) ECON 199: Selected Topics in Economics A comprehensive study of a specific topic in economics

1-3 credits

ECON 285: Project Economics This course develops the techniques necessary for understanding economic price theory, the time-value of money, and the basic issues surrounding organizational architecture. These include issues surrounding supply and demand, cost-production, decision making and market models. In particular, the course focuses on the application of these economic theories to projects, including issues surrounding risk analysis and triage, budgeting, planning, and scheduling necessary to the successful completion of a project. Prerequisites: MATH 140 or MATH 115 3 credits ECON 311: Intermediate Microeconomic Analysis An intermediate level course in the methods of microeconomic analysis, emphasizing supply and demand analysis, elasticity, production and cost principles, and pricing and output decisions under different market structures. Prerequisites: Minimum grade of C in BCOR 111 3 credits ECON 312: Intermediate Macroeconomic Analysis An intermediate level course in the methods of macroeconomic analysis emphasizing national income determination and monetary and fiscal policy. Prerequisites: Minimum grade of C in BCOR 112 3 credits ECON 351: Managerial Economics An application of economic and statistical methods to managerial decision making. Prerequisites: BCOR 111, BCOR 220, CIS 150 or the equivalent

3 credits

ECON 401: Monetary Theory The influence of the quantity of money on prices, growth and employment and its relation to the central banking system’s control of the money supply. Prerequisites: Minimum grade of C in BCOR 112 3 credits


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