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Typically offered in Fall, Spring, Summer, Winter. Pre / Co requisites: ECO 371 requires prerequisites of ECO 351 and a minimum 2.50 cumulative GPA.ĭistance education offering may be available. This will include developing the ability to evaluate forecast accuracy through the use of confidence ranges and a variety of statistical tests, as well as learning additional procedures to help increase that accuracy. Making use of a variety of statistical modeling techniques, this course will enable the proper examination of relationships among various pieces of information that a firm has access to and make use of those relationships to project future outcomes for variables of interest. Such predictions are regularly used to plan production, allocate resources, set budgets, determine staffing needs, and address many other things of concern to the firm. Firms continually need to make predictions about future events, including costs, sales, price movements, cash flows, asset values, and even general macroeconomic outcomes that can affect the business environment. This course is designed to prepare business professionals to utilize advanced forecasting tools that are commonly used in industry and in the process to deepen their understanding of the role that such forecasting can play in business decision making.
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The finance program seeks to develop communication, problem-solving, and technological skills, and an understanding of practical and theoretical concepts in finance. in Finance focuses on investment, international finance, and financial markets.
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The economics program seeks to develop communication, problem-solving, and technology skills, as well as an understanding of practical and theoretical concepts in economics. in Economics focuses on a business orientation of economic analysis. The primary objective of the Department of Economics and Finance is to provide a learning experience that will permit each student to achieve maximum intellectual development in their chosen area of study and to prepare for a satisfying career in that field. 406 Business and Public Management CenterĦ1 Department of Economics and Finance Kyle Kelly, Chairperson