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Bachelor of Arts in Social Science - Economics

Earn a Bachelor of Arts in Social Science (BA/SS) - Economics degree from Ashford University, and develop a sound understanding of the society we live in - individuals, families, communities, governments, and cultures - from various perspectives. With this degree students are able to obtain a multidisciplinary approach to the social sciences by applying different outlooks combined and applied with real world issues.

Students can transfer up to 12 approved credits of Economics coursework to qualify as their concentration in the Social Science degree program. This program will aid students in increasing their knowledge of the production, distribution and consumption of goods and services that will supplement their studies in Social Science resulting for a well-rounded degree. Every student will be glad to know that they can transfer in these approved credits no matter when they took them so the credit they've already earned will not go unused. Each students that graduates from Ashford with this dynamic degree that will enhance your opportunity for promotion within your chosen field.

Applicants to this program must have a High school diploma or GED, be age 22 or older, have work experience, preferably full-time work experience and meet the writing proficiency standards of the College of External Studies.

Description

Bachelor of Science in Business - Economics

Liberty University's online Bachelor of Science in Business - Economics has been created for those individuals who are looking to develop the knowledge of micro- and macroeconomics that is critical to succeeding in the complex business wold of today.

Through this online degree in business - economics, students will work with a number of experts in understanding the supply and demand curve, as well as the factors that affect the economy.

This online business economics degree offers students a variety of courses that are focused on:

Principles of Accounting
Principles of Economics
Business Communications
Business Law
International Business
Principles of Management
Corporate Finance
Principles of Marketing
Organizational Ethics
Strategic Planning/Business Policy

Also focused on general business, accounting, finance, and marketing, examining both the domestic and the international marketplace, this online degree in economics will prepare students for serving as a business expert in the modern business world, as well as integrating faith with learning in a professional atmosphere.

Graduates of this online degree in economics will have the knowledge that is needed for:

Accounting
Economics
Finance
General Business
Management
Marketing
Statistics
Transportation/Logistics

As the world's largest evangelical university, Liberty University incorporates core Christian values into all of their degree offerings in order to provide all students a thorough academic and spiritually enriching program of study.

Description

Through this online degree in business - economics, students will work with a number of experts in understanding the supply and demand curve, as well as the factors that affect the economy.

This online business economics degree offers students a variety of courses that are focused on:

Principles of Accounting
Principles of Economics
Business Communications
Business Law
International Business
Principles of Management
Corporate Finance
Principles of Marketing
Organizational Ethics
Strategic Planning/Business Policy

Graduates of this online degree in economics will have the knowledge that is needed for:

Accounting
Economics
Finance
General Business
Management
Marketing
Statistics
Transportation/Logistics

Economics Degree Programs

Economics is the study of human behavior on a grand scale.

It studies how societies distribute resources such as land, labor, and currency. It’s more glamorous than you’d think: famous economics majors include Mick Jagger, John Elway, and George Bush Senior.

Those with online economics degrees are in demand in both business and government. Average yearly wages for economists are $72,780. Possible careers include:

Government economist
Business economist
Entrepreneur
Financial analyst
Economics teacher or professor
Marketing research analyst
Associate in Arts in Economics
If you are looking for an online degree program that will aid you in developing a well-rounded understanding of the complex components of today's economic system, then the online Associate in Arts in Economics degree from Strayer University is the ideal program for you.
This fully online degree in economics offers its students a flexible online option for developing their understanding of current and relevant knowledge of economic principles and policies.
The online economic courses in this program will cover a number of topics, such as:
- Microeconomics
- Macroeconomics
- Comparative Economic Systems
- Intermediate Microeconomics
- Intermediate Macroeconomics
- International Economics
- Money and Banking
- Principles of Finance
- Master of Science in Economic Crime Management
  Created to be an executive-level program for experienced fraud management professionals, Utica College's online Master of Science in Economic Crime Management offers individuals a flexible online option for developing the advanced knowledge and skills that are needed for combating various types of economic crimes.
  Throughout the course of this online economic crime management degree program, students will work with a number of experts as they developing the management, technology and analytical skills that are needed for addressing economic crime at global level.
  With this online economic crime management degree program, individuals are provided with a professional education that will prepare them for succeeding within any private corporations, government agencies, and professional associations.
  Topics addressed by the online economic crimes management program, include:
  - Financial investigations
  - Fraud Management and Technology
  - Advanced fraud analysis
  Master of Science in Nursing/Master of Business Administration/Health Care Management
  If you are looking for an online program that will guide you through the process of developing the specific skills that are required of individuals in a management position within the field of healthcare, then the online Master of Science in Nursing/of Master Business Administration/Health Care Management (MSN/MBA/HCM)degree form the University of Phoenix is the ideal program for you.
  While in this multi-faceted nursing degree program, students work with experts in the field of nursing, business, and healthcare to develop the diverse skills and specific knowledge that is needed for working as a manager within any type of healthcare related institution.
  This online nursing degree program is accredited by the Commission on Collegiate Nursing Education, and offers its students dual-degree that will combine the many aspects of the field of nursing with the theoretical and practical aspects of business.
  Graduates of this online business administration degree program will have the skills that are needed for succeed in any healthcare management position, and will be able to identify, analyze, develop, and solve the many management problems that arise in a healthcare situation.
  All applicants Candidate must be an R.N. and hold an undergraduate degree from a regionally accredited university, minimum GPA of 2.5, and have at least 3 years significant work experience.
  Bachelor of Arts in Business Economics
  With the online Bachelor of Arts in Business Economics degree program, students will work with a number of experts in developing the knowledge and skills that are needed for understanding business decision-making in a complex economy.
  This is an excellent online program for individuals who are interested in studying the effects of local events and their impact on the global economy.
  During the course of this online Business Economics degree program, students will lean to collect, assess, and interpret various types of data that is consistent with modern economic theories.
  Topics that are covered in the online Business Economics degree program, include:
  Finance
  International trade
  Strategic planning
  Business life-cycles
  This online Business Economics degree program is ideal for individuals who are looking to become future economist or financial analyst, and who are determined to gain the knowledge needed for making smart business decicions.
  Determine your future with your Bachelor of Arts in Business Economics from Ashford University.
  All applicants must have a high school diploma or GED; be age 22 or older; have work experience, preferably full-time work experience; meet the writing proficiency standards of the College of External Studies.

ACCOUNTING, BUSINESS AND ECONOMIC STUDIES

INTRODUCTION
All programs of study for the ACT Year 12 Certificate should enable students to become:
• creative and critical thinkers
• enterprising problem-solvers
• skilled and empathetic communicators
• informed and ethical decision-makers
• environmentally and culturally aware citizens
• confident and capable users of technologies
• independent and self-managing learners
• collaborative team members
and provide students with:
• a comprehensive body of specific knowledge, principles and concepts
• a basis for self-directed and lifelong learning
• personal attributes enabling effective participation in society.
Examples of these student capabilities are provided at Appendix A.

Assessment abe

Assessment

The Department of Business, Accounting, and Economics affirms the importance of continual and comprehensive assessment of student learning outcomes in all of its programs as a method of measuring excellence in business education. Consequently, the Department is committed to the use of outcomes assessment results as a means to achieve its stated mission and broad-based goals, and to improve student academic and personal achievement.

Roland E. Meidinger Center for Excellence in Business

The Roland E. Meidinger Center for Excellence in Business (CEB) is composed of the Department of Business, Accounting, and Economics and several ongoing programmatic, faculty, and co-curricular initiatives that are designed to promote continuing excellence in business education. The CEB's overarching, broad-based goal is to build a business program that compares favorably with that of any small liberal arts college in the nation. Focusing on the global realities of contemporary business, the CEB offers Jamestown College students the advantages of a larger business school in a small college setting.

Programs of Study

The Department of Business, Accounting, and Economics offers the Bachelor of Arts degree in the following program areas:

Major in Accounting
Major in Accounting with a Concentration in Financial Planning
Major in Business Administration with Concentrations in Accounting; Business Communication; Financial Planning; General Management; Global Business; Hospitality and Tourism Management; and Marketing; and with Liberal Arts Concentrations from Any Liberal Arts Minor
Major in Financial Planning and Wealth Management
Major in Liberal Arts Business Studies

In addition, the Department of Business, Accounting, and Economics, in partnership with other Departments at Jamestown College, jointly offer the Bachelor of Arts degree in the following interdisciplinary program areas:

Major in Health and Fitness Administration
Major in Management Information Science

The Department of Business, Accounting, and Economics also offers the following minor:

Minor in Business Administration

Opportunities for International Study

The Roland E. Meidinger Center for Excellence in Business, through the Department of Business, Accounting, and Economics, currently offers students the following opportunities for international study experiences:

"Window on the European Union" International Study Tour
"Window on China" International Study Tour
Irish/American Scholars Study Abroad Program
International Student Exchange Program (ISEP)

Field Experience Programs

The Department of Business, Accounting, and Economics provides students with opportunities to enhance their classroom education with practical learning experiences at various work sites in the business community through the following field experience programs:

Internship Program
Community Alliance for Management Consulting (CAMC)
Voluntary Income Tax Assistance Program (VITA)

Business, Accounting, and Economics Department

The Department of Business, Accounting, and Economics offers major fields of study that are strong, varied, and flexible, and that allow you to tailor your individual program of study to suit your particular needs and interests. Characterized by both breadth and depth of content, and solidly built on a strong liberal arts foundation, our curriculum not only prepares you for making a living, but also for making a life that is rich, rewarding, and fulfilling. The faculty in the Department are talented, respected, highly collaborative, and they take a personal, individual approach to your education. Their principal commitment is to excellence in teaching and student learning, and they are dedicated to helping you become successful business leaders in the 21st century. Rooted in a tradition of excellence in business education, the Department's major degree programs and opportunities for international study, experiential education, and co-curricular activities are designed to prepare you, both professionally and personally, to take advantage of future opportunities and meet future challenges in our dynamic, ever-changing world.

Mission Statement

The Department of Business, Accounting, and Economics fosters a comprehensive world-view in each of our students through an interdisciplinary integration of the liberal arts and business studies. Based on this foundation, it is our mission to pursue excellence in business education and to prepare students for successful professional careers, graduate studies, and a lifetime of learning, service, and personal growth.

Broad-Based Goals

In order to accomplish its mission, the Department of Business, Accounting, and Economics pursues a set of broad-based strategic goals. They are to:

promote a dynamic environment of academic excellence that emphasizes student learning in all programs of study
enhance operational effectiveness and measure excellence in business education through comprehensive programs of outcomes assessment and continuous improvement that are fully integrated with strategic planning
add significant value to student learning outcomes and postgraduate achievement by engaging in continuing curricular review and development
develop ethical leaders who excel in a variety of organizational environments by contributing to the personal and professional development of students
improve program content and delivery by promoting and engaging in a variety of faculty development activities
enhance student learning through the provision of significant opportunities for international study, experiential education, and co-curricular activities
foster a stimulating and effective learning and teaching environment for all students and faculty
create program synergies by establishing and sustaining internal and external collaborative educational relationships and partnerships
enhance visibility, reputation, and service presence by developing and sustaining community, regional, state, national, and international outreach initiatives

Accreditation

Specialized business accreditation by an independent, external accrediting body is a means by which students, parents, the business community, and other stakeholders of the institution can be assured that the institution’s business programs meet high principles of excellence and follow best practice in business education.

Jamestown College has received specialized accreditation for its business programs through the International Assembly for Collegiate Business Education (IACBE), located in Olathe, Kansas. The business programs in the following degrees are accredited by the IACBE:

Bachelor of Arts in Business Administration with Concentrations in Accounting, Business Communication, Financial Planning, General Management, Global Business, and Marketing
Bachelor of Arts in Accounting
Bachelor of Arts in Management Information Science

Assessment

Roland E. Meidinger Center for Excellence in Business

Welcome to the School of Business and Economics

usiness Administration

Business Administration prepares students to work in a range of industries, businesses, and nonprofits. The program allows students to choose from a variety of elective courses to create a particular area of concentration—marketing or management, for example— within the Business major. Many of our graduates work in the finance and insurance industries.

Business Administration Program
- Enrollment Requirements
- Program for Majors
- Program for Minors
- Courses
- Academic Standards

For those of you pursuing a Business major (with or without a concentration) AND planning to graduate in December 2011, keep this in mind as you select your courses for Spring 2011:

You should be getting most of your Business core classes completed, so that in Fall 2011 you will be taking at most ONE core Business class at the same time as Bus. 480, the capstone class.

In Fall 2011, Prof. Mihm and I will be co-leading a semester abroad in London. Prof. Mihm will be in London for the first half of the Fall semester; I will be in London for the second half of the semester. Therefore, our course offerings will be more limited.

In Fall 2011, there will be only one section each of Bus. 370 and Bus. 480, and they will be offered during the same time slot. The Bus. 480 class will run, in condensed form, during the first eight weeks of the semester and Bus. 370 will run, in condensed form, during the last eight weeks of the semester. These condensed classes will meet twice a week, for 2.5 hours each session (5 hours total class time per week).

This is not a requirement, but you may find it easier to set up your Fall schedule if you leave Bus. 370 until then, to be taken at the same time as Bus. 480. In other words, you might prefer to take OTHER core classes this coming Spring semester.

Economics

Economics is a fascinating and challenging social science that deals with such issues as resource allocation, the efficiency of economic actors, inflation, unemployment, discrimination, economic growth, pollution and poverty.

These problems affect us as members of society concerned with how our economic system functions and as individuals concerned about our own jobs, wages, taxes and the cost of living. Economics is about choice - how to make rational choices between competing uses of scarce resources in light of social and personal values and needs. One of the main reasons to study economics is that it develops a method of thinking and analysis that can be applied to a variety of different fields. The Economics major offers courses in a variety of areas to allow students to choose among various career objectives and also prepare them for admission to graduate school in economics, law, business administration, public administration, and other disciplines.

Economics Program
- Program for Majors
- Program for Minors
- Courses
- Academic Standards
- Test-out and Credit-by-Exam Policy

bussines values

Business valuation results can vary considerably depending upon the choice of both the standard and premise of value. In an actual business sale, it would be expected that the buyer and seller, each with an incentive to achieve an optimal outcome, would determine the fair market value of a business asset that would compete in the market for such an acquisition. If the synergies are specific to the company being valued, they may not be considered. Fair value also does not incorporate discounts for lack of control or marketability.
Note, however, that it is possible to achieve the fair market value for a business asset that is being liquidated in its secondary market. This underscores the difference between the standard and premise of value.
These assumptions might not, and probably do not, reflect the actual conditions of the market in which the subject business might be sold. However, these conditions are assumed because they yield a uniform standard of value, after applying generally-accepted valuation techniques, which allows meaningful comparison between businesses which are similarly situated.

Economic conditions

A business valuation report generally begins with a description of national, regional and local economic conditions existing as of the valuation date, as well as the conditions of the industry in which the subject business operates. A common source of economic information for the first section of the business valuation report is the Federal Reserve Board’s Beige Book, published eight times a year by the Federal Reserve Bank. State governments and industry associations also publish useful statistics describing regional and industry conditions.

Guideline companies method

This method determines the value of a firm by observing the prices of similar companies (guideline companies) that sold in the market. Those sales could be shares of stock or sales of entire firms. The observed prices serve as valuation benchmarks. From the prices, one calculates price multiples such as the price-to-earnings or price-to-book value ratios. Next, one or more price multiples are used to value the firm. For example, the average price-to-earnings multiple of the guideline companies is applied to the subject firm's earnings to estimate its value.
Many price multiples can be calculated. Most are based on a financial statement element such as a firm's earnings (price-to-earnings) or book value (price-to-book value) but multiples can be based on other factors such as price-per-subscriber.
It is very important to note that valuation is more an art than a science because it requires judgement:

There are very different situations and purposes in which you value an asset (e.g. company in distress, tax purposes, mergers & acquisitions, quarterly reporting). In turn this requires different methods or a different interpretation of the same method each time.
All valuation models and methods have their limitations (e.g., mathematical, complexity, simplicity, comparability) and could be widely criticized. As a general rule the valuation models are most useful when you use the same valuation method as the "partner" you are interacting with. Mostly the method used is industry or purpose specific;
The quality of some of the input data may vary widely
In all valuation models there are a great number of assumptions that need to be made and things might not turn out the way you expect. Your best way out of that is to be able to explain and stand for each assumption you make;

Business cycle accounting

Business cycle accounting is an accounting procedure used in macroeconomics to decompose business cycle fluctuations into contributing factors. The procedure was introduced by V. V. Chari, Patrick Kehoe and Ellen McGrattan but is similar to techniques introduced earlier. The underlying premise of the procedure is that the economy has a long run trajectory which is perturbed by various frictions. These are called wedges and the earliest version of the procedure includes a productivity wedge, a labor wedge, an investment wedge and a government consumption wedge. Business cycle accounting decomposes fluctuations in macroeconomic variables, such as GDP or employment, into fluctuations of each of these wedges (and their combinations).
Business cycle accounting has been done for various countries and various periods of time. The procedure suggests for the U.S. after World War II most fluctuation in GDP is due to fluctuations in the productivity and labor wedges.

Calculating EVA

EVA is Net Operating Profit After Taxes (or NOPAT) less the money cost of capital. Any value obtained by employees of the company or by product users is not included in the calculations. The basic formula is:

$\mathit{EVA} \ = \ ( r - c ) \cdot K \ = \ \mathit{NOPAT} - c \cdot K$

where:

$r = { \mathit{NOPAT} \over K }$ , is the Return on Invested Capital (ROIC);
$c \,$ is the Weighted Average Cost of Capital (WACC);
$K \,$ is capital employed;
NOPAT is the Net Operating Profit After Tax, with adjustments and translations for the amortization of goodwill, the capitalization of brand advertising and others.

EVA Calculation
EVA = (r-c) x Capital
EVA = (r x Capital) – (c x Capital)
EVA = (NOPAT- c x Capital
EVA = operating profits – a capital charge
where: r = rate of return, and

c = cost of capital, or the weighted average cost of capital.

NOPAT is profits derived from a company’s operations after taxes but before financing costs and noncash-bookkeeping entries. It is the total pool of profits available to provide a cash return to those who provide capital to the firm.
Capital is the amount of cash invested in the business, net of depreciation. It can be calculated as the sum of interest-bearing debt and equity or as the sum of net assets less noninterest-bearing current liabilities.
Capital charge is the cash flow required to compensate investors for the riskiness of the business given the amount of capital invested.
The cost of capital is the minimum rate of return on capital required to compensate debt and equity investors for bearing risk.
Another perspective on EVA can be gained by looking at a firm’s Return on Net Assets (RONA). RONA is a ratio that is calculated by dividing a firm’s NOPAT by the amount of capital it employs (RONA = NOPAT/Capital) after making the necessary adjustments of the data reported by a conventional financial accounting system.
EVA = (Net Investments)(RONA – Required minimum return)
If RONA is above the threshold rate, EVA is positive.

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Bachelor of Arts in Social Science - Economics

Bachelor of Science in Business - Economics

Economics Degree Programs

Economics is the study of human behavior on a grand scale.

Associate in Arts in Economics

Master of Science in Economic Crime Management

Master of Science in Nursing/Master of Business Administration/Health Care Management

Bachelor of Arts in Business Economics

ACCOUNTING, BUSINESS AND ECONOMIC STUDIES

Assessment abe

Business, Accounting, and Economics Department

Welcome to the School of Business and Economics

bussines values

Economic conditions

Guideline companies method

Business cycle accounting

Calculating EVA

Followers

Archive

Blogroll

Tattoo vs body painting

MY COLLECTION BLOGS

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Bachelor of Science in Business - Economics

Economics is the study of human behavior on a grand scale.

Associate in Arts in Economics

Master of Science in Economic Crime Management

Master of Science in Nursing/Master of Business Administration/Health Care Management

Bachelor of Arts in Business Economics

Economic conditions

Guideline companies method

Calculating EVA

Followers

Archive