3.6 Course Description Revision: Remove “simple calculus” as a topic covered in
DSC 5100 (Quantitative Methods). New course description – Intermediate
level quantitative skills in multivariate statistics, optimization, and decision-
making which will be used in subsequent MBAcourses. Topics will include
multiple regression, multivariate ANOVA, logistic regression, factor analysis,
and linear programming. Computer software will be used. Approved by
Department 7-0-0 Approved by School 17-0-1
3.7 Course Description Revision: Modify course description for ECN 2020
(Principles of Microeconomics).New course description – This course
focuses on the individual decisions in the market economy. After an
introduction to allocation of scarce resources and in-depth discussion of how
a market economy achieves this goal, the course develops theories of
consumer behavior, and the behavior of firms in the short and long runs. The
competitive behavior of firms (market structure) is examined, as well as
government regulation of markets. Fall, Spring. Credit: 3 semester hours.
Approved by Department 6-0-0.
3.8 Course Description Revision: Modify course description for ECN 2030
(Principles of Macroeconomics). New course description – This course
demonstrates how an economy operates overall. A brief overview of the
market economy is followed by in-depth examination of macroeconomic
variables, including how the economicsystem determines the level of national
income, the unemployment rate, the rate of inflation, and interest rates. Fiscal,
monetary, and supply-side policies are discussed. Time value of money, in the
form of calculating the present and future values of lump sums and streams of
cash flows is also introduced. Fall, Spring. Credit: 3 semester hours.
Approved by Department 6-0-0
3.9 Create a new 3 hour course: DSC5010 - Foundation of Analytical Methods.
Prerequisites – none. Course Description – Decision Science 5010 equips
prospective MBAstudents with the means and methods of quantitative
reasoning through a concise and applied process, which includes introduction
to the concepts of mathematical economics,mathematical finance, and
business mathematics. The course will cover essentials of algebra with
business and economic applications, and essential of calculus with business
and economic applications. Upon completing the course students will be able
to apply mathematical thinking and quantitative reasoning to solve problems
in MBAlevel accounting, economics, finance,marketing, and management
classes. The applications of concepts include, but are note limited to, Pricing
and Inventory Control; Payrolls and Banking Taxes; Simple Interest;
Compound Interest; Annuities; Sinking Funds and Amortizations;
Accounting; Productivity and Costs; Constrained Optimization (consumer and
producer theories); Market Equilibrium; and Elasticities of Demand and
Supply. Approved by Department 7-0-0 Approved by School 17-0-1
4. Proposal from the Bachelorof Interdisciplinary Studies Curricula
Development Committee
Bachelor of Interdisciplinary Studies Program,