158 350. Retail Management (4) W Consideration of problems peculiar to the establishment and management of retail institutions. Prerequisite: Mktg 301. 360. International Marketing (4) In this course students will learn the problems and procedures of marketing in foreign countries, including effects of foreign cultures and marketing systems on the design of marketing programs. Prerequisite: Mktg 301. 420. Sales Management (4) Study major issues involved in managing the sales force, including salesperson selection, deployment, compensation, training, field supervision and industrial marketing management. Prerequisite: Mktg 301 and Mktg 320 or permission of instructor. 440. Marketing Strategy (4) W The development of integrated strategies for management of the marketing mix; pricing, promotion, physical distribution, and product line. Prerequisite: Mktg 301; Mgmt 320; Quant 261. 499. Senior Seminar (4) S Structured exposure to current issues and research from periodical literature. Prerequisite: 12 hours of marketing classes. DEPARTMENT OF Economics Chair: Dr. Clifford Nowell Location: Wattis Business Building, Room 226 Telephone: Department Secretary 626-6066 Professors: Richard M. Alston, Wan Fu Chi, Dan Fuller, John M. Mbaku; Associate Professors: Clifford Nowell, Sarah E. Tinkler; Assistant Professors: Arthur Caplan, Doris Geide-Stevenson I he Department of Economics offers two different degree programs. The career field selected will determine the educational goals a student must set and will be an important element in deciding which of the many avenues towards a bachelor's degree available in economics is best suited for you. The Bachelor's Degree with a Business Economics Major is described in this, the Business and Economics section of the catalog. See the Social and Behavioral Sciences section of the catalog for a complete description of the programs leading to a Bachelor's Degree with a General Economics Major (Social Science Emphasis). Economics provides general analysis of decision making where resource constraints are present. Within the area of business, the fields of economics and finance are perhaps the most rigorous in terms of the use and application of mathematical and statistical reasoning. Students with a bachelors degree in Business Economics are generally prepared to take entry level jobs in any area of business, but are particularly prepared for jobs that call for data analysis, pricing, purchasing, and report writing. Business economists are often employed in private business firms in the financial, retailing, and industrial sectors. A complete career guide is available from the department chairperson. A degree in Business Economics is also regarded by graduate business schools as excellent preparation for advanced work toward an MBA, as well as advanced degrees in other business related disciplines such as human resource management, public administration, finance, and international business. Students seeking an advanced degree in economics, law, other social and behavioral sciences, urban and regional planning, actuarial science, etc., should also investigate the General Economics Major described in the Social and Behavioral Sciences section of the Catalog. Business Economics Major BACHELOR DEGREE (B.S. OR B.A.) » Prerequisite: The Business Foundations courses must be completed with grades of "C-" or higher before registering for 300 or 400 level courses with the exceptions of Mgmt 320, BusAdm 300, BusAdm 320, Mktg 301, Mgmt 312 and IS&T 374. » Minor: None required. » Grade Requirements: Even though a minimum grade of "D-" will be accepted, a minimum cumulative GPA of 2.0 or higher must be maintained for all courses. In addition, a minimum GPA of 2.5 is required for Business and Economics courses. » Credit Hour Requirements: A total of 183 credit hours is required for graduation — 89 of these are College requirements, 48 of these are required within the major, and the balance should be taken outside the College of Business & Economics. A total of 60 upper division credit hours is required (courses numbered 300 and above) — all of these are taken to fulfill College and major requirements. Advisement Advisement is required. See the College of Business and Economics Advisor in WB 213 (626-6065). Contact the College Advisor for information on transfer credits, business foundations courses, advanced standing, and admission applications. Advising in major selection, major requirements, and admission applications is provided by the Economics Department. Complete information concerning current graduation requirements and graduation contract forms are available in the Department of Economics office, WB 226. All economics majors should meet at least quarterly with the Department Chair, Dr. Clifford Nowell (626-6488; WB 234). Admission Requirements An application is necessary for all majors and minors in the College of Business and Economics. Completion of Business Foundations courses with course grades of "C-" or higher is required for admission and access by majors to upper division Business and Economics courses. Students must complete an application for admission to the College of Business and Economics which may be obtained by calling the College Advisor (Vickie Palmer) at 626-6065 or the Department of Economics secretary at 626-6066. Core and General Education Refer to pages 32-36 of this catalog for either Bachelor of Science or Bachelor of Arts requirements. The following courses required for the Business Economics major also will satisfy General Education requirements: Engl 111, Engl 112 (English competency); Math 107 (Math competency); Botany LSI40 (Life Science); Psych SS101, Soclgy SS101, Econ SS203 (Social Science); Econ SS/SB274 is recommended to fulfill the Senate Bill Requirement in American Institutions. Math 107 is, in addition to being a specific requirement in the College of Business and Economics, a prerequisite for Econ 202, Quant 240, and Quant 260. Students seeking a major within the College of Business and Economics should plan to take the necessary mathematics courses as early as possible in their program of study. Math 107 may be taken on a credit/no credit basis. Course Requirements for B.S. or B.A. Degree College of Business & Economics Requirements (see page 143) Liberal Support Curriculum 28 Business Foundations 15 Business Cross-Functional Core 24 Business Functional Core 22 Business Courses Required (12 credit hours) Econ 301 Intermediate Theory: Macroecon 4 Econ 302 Intermediate Theory: Microecon 4 IS&T 340 Info Technology for Business 4 Elective Courses (minimum 23 credit hours) Select a minimum of 23 credit hours from the following (see graduation contract form available in the Economics Department office for a list of currently acceptable courses). Econ SS101 Econ SS/SB274 Econ 292/492 Econ 303 Econ 309 Econ 311 Econ 312 Econ 320 Econ 340 Econ 341 Econ 364 Econ 417 Econ 432 Econ 455 Econ 456 Econ 480 Econ 481 Econ 532 Principles of Economics Economic History of the U.S. Short Courses, Workshops... Managerial Economics History of Economic Thought International Trade Int'l Finance & Monetary Systems Money and Banking Labor Economics Women in the World Economy Environmental Economics Economic Development Industrial Organization Introduction to Econometrics Mathematical Economics Independent Study Experimental Courses in Econ Struct & Performance - US Indstry 5 5 1-6 4 4 4 4 4 4 4 4 4 4 4 4 1-6 4 4 Students may enhance their program by selecting a maximum of two non- economics courses to be included in these 23 hours. These must be upper-division courses (numbered 301-499) in related disciplines, and they must be approved in advance by the Department Chair. Suggested Course Sequence The following suggested course sequence is provided to assist students in planning their schedules. Use this only as a guideline and be sure to consult with an advisor. Soclgy SS101 Econ SS101 Math 105 Total Hrs. Econ SS203 Quant 240 Acctng 202 HU Gen Ed HL Gen Ed Total Hrs. JuNiojy Elective Mgmt 312 Econ 301 Fin 320 Total Hrs. 5 5 5 14 4 4 3 3 3 17 4 4 4 4 16 Psych SS101 Engl 111 Math 107 Total Hrs. IS&T 340 Quant 260 Acctng 230 PS Gen Ed Total Hrs. Mgmt 364 BusAdm 320 Econ 302 Mktg 301 Total Hrs. Senior Winter 5 4 5 14 4 4 3 5 16 4 4 4 4 16 Botany LS140 Engl 112 Acctng 201 Econ 202 Total Hrs. Econ SB274 Quant 261 HU Gen Ed PD Gen Ed Total Hrs. Junior Spring BusAdm 333 Mgmt 440 Econ 311/312 HU Gen Ed Total Hrs. JkfflQLSERMGu, 5 4 3 4 16 5 4 3 3 15 3 4 4 3 14 BusAdm 462 LS Gen Ed Econ Elective Econ 480 Elect (UD) Total Hrs. .5 5 4 2 4 15.5 BusAdm 462 PS Gen Ed Econ Elective Elect (UD) Elect (UD) Total Hrs. .5 5 4 4 4 17.5 BusAdm 478 Econ Elective Elect (UD) Total Hrs. 12 159 ECONOMICS DEPARTMENTAL HONOURS OPTION » Prerequisite: Enroll in the General Honours Programme and complete at least 10 hours of General Honours courses (see the Interdisciplinary Programs section of this catalog). » Grade Requirements: Maintain an overall GPA of 3.3 » Credit Hour Requirements: Fulfill requirements for an Economics Department major, given above for Business Economics and, for General Economics, in the Social and Behavioral Sciences section of the catalog. In fulfilling these requirements, students must take at least 14 hours of economics courses on an Honours basis, 2 hours of which must be completed as a senior project (Honours 499). The student may receive economics Honours credit in any upper-division or graduate-level economics course.* In addition, either Econ 301 or Econ 302 must be taken on an Honours basis. * Permission from the department chair must be obtained before registering in a course for Honours credit. A written agreement must also be reached with the appropriate professor regarding the work expected for Honours credit. ECONOMICS FOR NON-BUSINESS MAJORS » Grade Requirements: A grade of C- or higher in courses used toward the minor. » Credit Hour Requirements: Minimum of 20 credit hours. This minor is for students who major outside of the College of Business and Economics. Approval of a minor program by the Economics department is required. Course Requirements for Minor Required Courses Econ 202 Microeconomic Analysis 4 Econ SS203 Macroeconomic Analysis 4 Math 107 with a grade of "C-" or higher (or CR if taken on a CR/NC basis) is a prerequisite for Econ 202. Electives (12 credit hours) Select a minimum of 12 credit hours from the following (see graduation contract form available in the Economics Department office for a list of currently acceptable courses). Principles of Economics 5 Economic History of the U.S. 5 Short Courses, Workshops... 1-6 Intermediate Theory: Macroecon 4 Intermediate Theory: Microecon 4 Managerial Economics 4 History of Economic Thought 4 International Trade 4 Int'l. Finance & Monetary Sys 4 Money and Banking 4 Labor Economics 4 Women in the World Economy 4 Environmental Economics 4 Economic Development 4 Industrial Organization 4 Introduction to Econometrics 4 Mathematical Economics 4 Independent Study 1-6 Experimental Courses in Econ 4 Structure and Performance 4 Econ SS101 Econ SB274 Econ 292/492 Econ 301 Econ 302 Econ 303 Econ 309 Econ 311 Econ 312 Econ 320 Econ 340 Econ 341 Econ 364 Econ 417 Econ 432 Econ 455 Econ 456 Econ 480 Econ 481 Econ 532 Genera/ GEN ED & CORE COURSES HONOURS/BIS LIBSCI WS Applied Science & Technology PRENGR CS EET MFET MET CMT DG AUTOSV AUTOTC IDT SST TBE Arts & Humanities COMMUN ENGL FORLANG DANCE MUSIC THEATR ART Business & Econ MPACC ACCTNG BUSADM LOG FIN MGMT MKTG ECON- IS&T Education MEDUC CHFAM HEALTH NUTRI PE REC EDUC Science CLS DENSCI PARAMD HTHSCI HAS HIM MRSCI NURSNG RADTEC DMS NUCMED RADTHR RESTHY SE BOTANY CHEM GEOSCI MATH MATHED MICRO PHSX ZOOL Social & Behavioral ■7lriCIH*t?S CJ GEOGR HIST POLSC PHILO PSYCH SOCLWK GERONT SOCLGY ANTHRO MILSCI AEROSP NAVSCI Weber State University Weber State University