Thiel College 2013-2014 Academic Catalog

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consumers and environments. The course seeks to develop an understanding of the marketing management efforts required to meet the demands of world markets in a dynamic setting. (WIC) Open to juniors and seniors only. BADM 474—Senior Seminar (3 CH) Research and class work prepare students for biweekly discussions with senior executives. The seminar format is an integrating process that also helps students form a personal style of management, eclectically based on input from successful business professionals. This input is provided by corporate presidents in personal, informal visits to the seminar. Open to juniors and seniors only. No course prerequisite. Offered every spring. BADM 484—Human Resource Management (3 CH) This course will provide a basis for understanding the function of human resources in an organization and the impact it will have on the career of the student when he or she enters the business world. Open to juniors and seniors only. (P: ACCT 123 and ECON 221) Offered every fall. BADM 490—Strategic Management (3 CH) The world of business increases in technological complexity and competitive pressures daily. Managers will need to understand the functions of strategic management for the 21st century; therefore, people entering the business arena need to learn why strategic management is a basic ingredient for the continued survival of an organization. This class will provide practical assistance to those entering the business world by studying how companies can plan for the future. This is designed as a capstone course for business

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administration students. It will be offered during the spring semester. Prerequisites will be a major within the department who has taken Managerial Accounting (BADM 233) and who has completed at least three major courses at the 300 level or higher. Offered every fall. ECONOMICS ECON 211—Principles of Macroeconomics (3 CH) A study of capitalism as it applies to the American economy including the roles of business, household and government sections of the economy. With the aid of national income accounting techniques, the level of employment and the determinants of national income are introduced. The role of the banking system also is examined. Offered every fall. (Not open to freshmen.) ECON 221—Principles of Microeconomics (3 CH) A study of market structures, product pricing, resource pricing and markets in American capitalism. Also covered are current economic problems and an introduction to international economics. Offered every spring. (Not open to freshmen.) ECON 342—Economic Development (3 CH) The theory of economic growth with special reference to underdeveloped areas. A certain amount of attention is also given to the practical problems of industry, agriculture, commerce, government, capital formation, decographic factors, financial institutions and foreign aid as they relate to economic growth. (P: ECON 211 and ECON 221) Offered spring of even-numbered years.


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