Description: (Dual listed with ECO 110) Personal Finance prepares students to manage their current and future financial affairs. Topics to be covered include: financial planning, saving and credit, insurance, government transfers, home buying, stocks, bonds, mutual funds, and estate planning. This is a practical and sophisticated course intended to help students with their personal finances. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-SBS Offered: Fall, Winterim, Spring, Summer
Credit Hours: 3
Department: Social and Behavioral Science
Description: (Dual Listed with ECO 111) This course offers an introduction to financial decision making and the basic structure of institutions in contemporary financial markets. Topics include time value of money, risk and return, investment types, the role of government regulation, the influence of globalization in contemporary financial markets and evaluation of financial performance and return. The role of ethics in financial decision making and institutional policy will be discussed. Internet and data base research will be used to support the course curriculum and help the student develop the necessary skills to analyze realistic scenarios used in financial markets. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-SBS Offered: Fall, Spring, Summer
Credit Hours: 3
Department: Social and Behavioral Science
Description: (Dual listed with ECO 112) An introduction to financial investments and portfolio management. Course topics include: financial markets and instruments, reading financial listings, stock trading and indexes, risk analysis, present and future value, stock valuation and investment decisions, portfolio management, individual and portfolio yields, types and uses of derivatives, sources of investment information, mutual funds, international diversification, the macroeconomy and the impact of economic variables on investments. SUNY GE-SSBS; SUNY GEN ED-GSBS; NCC GEN ED-SBS Offered: Fall, Spring, Summer
Credit Hours: 3
Department: Social and Behavioral Science
Prerequisites: ECO 207 or permission of instructor.
Description: (Dual listed with ECO 213) Basic concepts of money and financial intermediaries. Development of commercial banks and the creation of demand deposits. Yield, risk, and interest rates will be analyzed from a monetary and fiscal perspective. Functions and policies of the Federal Reserve in credit regulation and economic stabilization will be analyzed. Monetary Theory, Keynesian vs. Monetarists, international finance, exchange rates and the balance of payments will be examined. SUNY GEN ED-n/a; NCC GEN ED-SBS Offered: Fall, Spring, Summer
Credit Hours: 3
Department: Social and Behavioral Science
Prerequisites: ECO 207 or permission of instructor.
Description: (Dual listed with ECO 214) An introductory course describing the role and functioning of business firms in the economy, and the application of economic theory in the solution of managerial decisions. Topics investigated include the management of cash, inventories and receivables; selection of alternative investments; short, intermediate, and long-term sources of financing; the cost of capital, optimum capital structure; corporate dividend policies. Case problems are assigned to develop applications of general principles. SUNY GEN ED-n/a; NCC GEN ED-SBS Offered: Fall, Spring, Summer
Credit Hours: 3
Department: Social and Behavioral Science
Prerequisites: ECO 207 or permission of instructor.
Description: (Dual listed with ECO 230) A study of the United States as an open economy which trades in goods, services and financial assets with other nations. Topics include the reasons nations trade, the costs and benefits of free trade, tariff and non-tariff barriers, regional trade pacts, economic and monetary integration, foreign exchange rate determination, balance of payments problems and international capital mobility, and international monetary institutions. SUNY GE-SSBS; SUNY GEN ED-n/a; NCC GEN ED-SBS Offered: Spring
Credit Hours: 3
Department: Social and Behavioral Science
Prerequisites: ECO 207 and one other ECO or FIN course and permission of the instructor.
Description: Supervised, practical experience at institutions such as commercial banks, thrift institutions, stock and bond brokerage houses, government agencies and firms employing economic practitioners that will provide students with situations in which they can apply concepts learned in previous Economics and Finance courses. Written reports demonstrating understanding of theory and its application will be an integral aspect of this course. Field experience and future career opportunities will be discussed in co-lateral, on-campus class. Prerequisite for this course is the completion of Economics 207 plus one other economics or finance course and permission of instructor. Students must have, as a minimum, a 2.50 GPA to be enrolled in this internship course. Students who have completed FIN 490 will not receive credit for FIN 294. SUNY GEN ED-n/a; NCC GEN ED-SBS
Credit Hours: 4
Department: Social and Behavioral Science