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COURSE DESCRIPTIONS BCOR 105: Foundations of the Business Enterprise This is the gateway course to the business program and helps students to gain a solid understanding of the components of a business, its external environment, and the interactions between them. Students will engage in decision making and problem solving in that setting. Ethics, leadership, employee empowerment, the impact of technology, and the global market are topics of discussion. Students will develop critical thinking, written and oral communication, and team skills through case-based learning and a term project. Prerequisite: None 3 credits BCOR 111: Principles of Microeconomics This course develops the techniques necessary for an understanding of basic economics from a microeconomic standpoint. The specific topics explored include the fact of scarcity, concepts of supply and demand, cost-production decision making, the operation of a form in the product market under varying assumptions of competition, monopolistic competition, monopoly, and oligopoly, plus the operation of the firm in the factor market. This course is approved as a Social Science course for the Liberal Studies Core. Prerequisite: None 3 credits BCOR 112: Principles of Macroeconomics This course develops tools for an understanding of macroeconomic issues and theory, including the application to current social issues such as unemployment, economic growth, and inflation. The role of money and financial institutions are also examined. The use and effectiveness of economic policy to control the macroeconomy is explored. This course is approved as a Social Science course for the Liberal Studies Core. Prerequisite: None 3 credits BCOR 214: Principles of Accounting I This course introduces the main aspects of the accounting structure. The fundamental accounting principle is presented in the form of the balance sheet equation and is followed by the logical development of the subject of debits and credits, journal entries, special journals, and specific account classifications. The course provides a thorough review of how accounting transactions affect the financial statements and analysis of financial statement information. Prerequisite: BCOR 105 3 credits BCOR 215: Principles of Accounting II This course continues the focus on the application of accounting principles inside the enterprise, i.e., the proprietorship, the partnership, and the corporation. An additional focus is the use of accounting information to better aid in the planning, controlling, and evaluation of company performance. These additional topics include budgeting, job costing, and break- even analysis. Prerequisite: Minimum grade of C in BCOR 214 3 credits BCOR 220: Introduction to Statistical Analysis This course introduces the student to the statistical tools used in business decision-making. Course topics include the use of descriptive statistics to explore data; elements of probability theory, including basic probability concepts and Bayes’s theorem; and the major discrete and continuous probability distributions all within the context of business applications. Populations/samples, parameters/statistics, sampling and sampling distributions, and hypothesis tests for means and proportions are also introduced. Emphasis is placed on understanding the concepts underlying the computations and the ability to communicate the meaning of computed values. Prerequisite: Minimum grade of C in MATH 115 or MATH 140 and CIS 150 3 credits

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Gannon Undergraduate Catalog 2018-2019  

Gannon Undergraduate Catalog 2018-2019