Business & Economics

http://www.whitworth.edu/schoolofbusiness/

The Whitworth School of Business comprises the department of business & economics, the organizational management program for the adult learner seeking a baccalaureate degree, and the following graduate programs: the master in business administration (MBA) and the MBA in international management (MBA in IM).

Global CommerceThe mission of the Whitworth School of Business is to provide "an education of mind and heart" in the liberal arts tradition, focused on business as a Christian vocation. We develop principled and moral leaders through an integrated curriculum that emphasizes technical expertise, practical application, and experiential learning, for the purpose of developing responsible and competent professionals engaged with their communities and world.

The learning outcomes of these programs prepare students to do the following:

  • Understand the sources and uses of data and know how to evaluate and use data and other information.
  • Think and function independently as professionals, and in particular to be able to foresee and solve problems.
  • Understand the legal, economic, business and organizational cultures and environments that frame professional work.
  • Communicate well.
  • Begin to be able to integrate spiritual and ethical values with those of the student's chosen professional vocation.

School of Business Residency Policy:  The Whitworth School of Business requires that students complete at least 50 percent of all upper-division core business courses and at least 50 percent of their concentration requirement courses at Whitworth University.

Double-Concentration Policy:  Students who concentrate in more than one business area will not be allowed to count a course (with the exception of the business core requirements) for more than one business concentration.

Organizational Management and Management & Accounting Degree Programs:

For program and course description information, see Undergraduate-Adult Degree Programs.

Business Courses

BU 110 Introduction to Business and Management3
An overview of management issues in a global business environment: organizations, finance, marketing, accounting, entrepreneurship, economics, vocation planning, and socially responsible management. Also listed as LS 110. Periodic offering.
BU 120 Career & Vocation Development3
This course assists students in recognizing career potential, providing tools for making decisions to meet educational and occupational objectives. Students will gain an understanding of how they contribute to and help shape the work environment. Topics include job and employer research; resume development and interviewing skills; understanding work-place personality; and skills for organization and self-management. For continuing studies students only.
BU 218 Marketing3
Introduction to how organizations find, attract and retain customers via the use of the marketing mix in an increasingly competitive and global environment. Also listed as EP 218. Fall and spring semesters.
BU 220 Personal Financial Management3
Practical information in the handling of personal business affairs. Career planning; insurance (life, health, property); home-buying or renting; investing in stocks, bonds and real estate; estate planning. No prerequisite for lower division. Upper-division credit by permission. Periodic offering.
BU 230 Financial Accounting3
A study of the fundamental processes of accounting applied to services and merchandising proprietorships, partnerships and corporations. Analyzing, classifying and recording business transactions; preparation and analysis of financial statements. Fall and spring semesters.
BU 231 Managerial Accounting3
Introduction to ways in which management uses accounting information for planning, pricing and controlling and for many special decision-making situations. Prerequisites: BU 230 and either MA 108, MA 150, MA 158 or MA 171 with a C or better. Fall and spring semesters.
BU 240 Business Law3
A consideration of the laws affecting business transactions. Introduction to law, court systems, torts, criminal law, sales and real property. Prerequisites: Sophomore standing. Fall and spring semesters.
BU 248 Computerized Business Analysis3
Solutions to business problems using the computerized spreadsheet, elementary database and presentation software. Prerequisites: CS 110 or CS 125 and BU 230. Periodic offering.
BU 274 Principles of Management3
A study of the theory and practice of management of organizations, with emphasis on strategy, structure, effetive use of human resources, planning, organizing, integrating and controlling functions. Also listed as EP 274. Fall and spring semesters.
BU 301 Consumer Behavior3
A study of factors that influence the buying behavior of consumers. The relationship between understanding these variables in selected markets and an effective marketing effort will be emphasized. Prerequisite: BU 343. Must have met departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Spring semester.
BU 303 Human Resources Today3
A comprehensive overview of human resources with particular attention to the role of HR in organizations, the strategic-planning process, ethical issues, legislative environment, assessment of HR development needs, training, and motivation, career development, performance management and measurement. For continuing studies evening students only.
BU 304 Compensation Systems3
Focus on pay administration, government-mandated and voluntary benefits, compensation and benefits for domestic and international employees. Also addressed are the design, communication and evaluation of total compensation systems and the impact of key federal laws and regulations on occupational health, safety and security. For continuing studies evening students only.
BU 305 Dean's Executive Speaker Series3
This course explores the various ways that individuals become successful business leaders. Each week will consist of a lecture and a discussion led by a top executive from the Spokane community. The speakers will share their professional biographies - how they got their start, what happened to them, successes and failures, and what they are doing now. They will also tell us what they have learned about marketing, management, leadership, and life during their careers. Finally, they will provide suggestions and guidance to help you successfully navigate the cross-currents of the business world. Prerequisite: Junior or senior standing. Periodic offering.
BU 311 Principles of International Business3
Introduction to and survey of the complex business and economic issues in an international commercial environment. Includes exposure to global marketing, management, finance, economics and accounting issues, integration of cross-cultural communications, history, politics, religion, gender and equity issues, and culture around the globe. Fulfills Global Perspective GE requirement. Prerequisites: BU 218 and either EC 210 or EC 211. Must have departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. MA 158 or MA 171 recommended if declared Economics or Finance concentration. Fall and spring semesters.
BU 314 Introduction to Operations Management3
This course will examine the concepts, processes, and methods of managing and controlling operations in manufacturing or service settings at the introductory level. Current issues such as globalization, supply chain strategy, quality control, scheduling and queuing are discussed.
BU 318 Applied Marketing3
Successful organizations need to find, attract and retain customers. This course teaches students to apply marketing fundamentals in an increasingly competitive and global environment. For continuing studies evening students only.
BU 320 Occupational Fraud & Abuse3
In this course students will learn about the nature of fraud, its perpetrators and the compelling factors that lead to fraud. Students will evaluate various fraud schemes, prevention & detection methods, and the legal implications for companies and criminals. Prerequisite: BU 230 and junior standing. Must have met departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Periodic Jan Term offering.
BU 323 Career Management & Development3
This course will address professional and personal development for students interested in pursuing careers in business. Throughout the course students will learn tangible skills needed to succeed in the business world while implementing ways to integrate their Christian faith into their vocation. Students will become familiar with the current hiring environment and explore ways to be the most competitive and prepared candidate post-graduation.
BU 326 The Small Bus Entrepreneur3
This course covers all aspects of business start-up beginning with identifying a product, selection of an entity, business and marketing plans. The tax environment of business will be explored. Investigating financial viability and researching types and sources of funding will be an integral part of the curriculum. Students who want to understand all pieces of starting a business from scratch or expanding their small start-up should take this course. For continuing studies students only.
BU 327 Introduction to Time Value of Money1
This course presents an introduction to the time value of money. Through a set of exercises and problems students learn about compound interest, present and future values, annuities, loans and bonds. Topics in capital budgeting are presented which include NPV & IRR. Students also compute the weighted cost of capital and use it to evaluate projects.
BU 330 Fund Accounting and Budget Management3
Overview of the accounting procedures associated with governmental and agency needs. Preparation of required reports and related documents; special focus on monitoring performance. For continuing studies students only.
BU 331 Project Management3
This courses discusses the factors necessary for successful project management. Topics include project management concepts, needs identification, the project manager, teams, project organizations, project communications, project planning, scheduling, control and associated costs. Project management software tools will be an integral part of the course. For continuing studies evening students only.
BU 332 Cost Accounting3
Emphasis on the mechanics and applications of accounting principles and concepts for planning, control and decision-making. Cost behavior, cost-volume-profit relationships, responsibility accounting, standard costing, budgeting, relevant costing for non-routine decisions, capital budgeting. Prerequisites: BU 230, BU 231, and junior standing. Must have departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Spring semester.
BU 333 Accounting Systems and Theory3
Foundations of accounting concepts and theories with emphasis on the role of information in decision making within and about organizations. Introduction to accounting systems controls and designs. Prerequisites: BU 230, BU 231, and CS 125. Must have departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Spring semester.
BU 334 Intermediate Accounting I4
Modern accounting theory and practice. Analysis of the determination of income and asset evaluation. Analysis of financial statements; special financial accounting and reporting problems. Explores both US GAAP and IFRS guidelines. Prerequisites: BU 230 and BU 231. Must have departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Fall semester.
BU 335 Intermediate Accounting II4
Second semester of modern accounting theory and practice. Analysis of the determination of income and asset evaluation. Analysis of financial statements; special financial accounting and reporting problems. Explores both US GAAP and IFRS guidelines. Prerequisites: BU 334. Must have departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Spring semester.
BU 336 Introduction to Taxation4
A study of the concepts involved in determination of federal income tax liability, preparation of tax returns. Individual tax problems, tax planning. Prerequisites: BU 230 and junior standing. Must have departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Fall semester.
BU 337 Microsoft Project Workshop1
An optional workshop offered concurrently with BU 331 that introduces students to Microsoft Project software. Students work independently in a computer lab on a series of increasingly difficult exercises using the most widely accepted project management software. Using Microsoft's Project 2010 Step by Step workbook, the students completes a series of 12 problems that gradually increase from simple to complex. These Microsoft-developed problems are designed to challenge the student while also helping them explore the feature-rich Microsoft Project 2010 software product. Instructor support is available before or after class and on an as needed basis. For continuing studies students only.
BU 338 Voluntary Income Tax0-2
Students apply knowledge and skills learned from coursework to a service context preparing federal tax filings for low-income and elderly taxpayers. Students qualify by exam for the IRS and are technically trained on tax software for preparation and e-filing. Jan Term and spring semester. Prerequisite: BU 336.
BU 341 Customer Relationship and Channel Management3
An examination of buyer-seller relations and the methods for distribution of products and services with the objective of developing high customer satisfaction and long-term customer relationships. Areas of focus will include the sales and sales support functions, and development of effective distribution channels. Prerequisites: BU 218. Must have departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Periodic Offering.
BU 343 Market Research3
A study of contemporary methods of gathering, analyzing and interpreting marketing information and how such information can be used in organizational decision-making. Prerequisites: BU 218, MA 256. Must have departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Fall semester.
BU 343H Experimental Market Research3
The course focuses on experimental marketing research applied to understanding and providing well-informed solutions to major issues facing the business world, consumers, and society today. Students will conduct basic marketing research and deliver a research paper that should be submitted and potentially published in an academic business journal.
BU 352 Human Behavior in Organizations3
This course is designed to provide theoretical perspectives and empirical knowledge regarding human behavior as it relates to the organization. Emphasis is placed on the impact and implications of individual values, perceptions, motivation, diversity, growth and development as they relate to organizational culture and expectations. For continuing studies students only.
BU 353W Organizational Development and Change3
This course examines organizational theory, development and change from several different perspectives, or frames: (1)structural, (2)human resources, (3)political, and (4)symbolic. Leadership, development of organizational strategies, and objective goal-setting will be explored. For continuing studies students only.
BU 354 Management of Human Resources3
A contemporary view of human-resource management. Emphasis is placed on the basic function of human-resource management, i.e., planning, recruitment, diversity, selection, training, performance appraisal, compensation and union/management relations. For continuing studies students only.
BU 355 Managerial Accounting and Finance3
This course will examine "the language of business" and provide an overview of key accounting and financial information that will assist managers in making sound business decisions that are based on standard financial analysis methods. Students will learn to read and understand business financial statements. For continuing studies students only.
BU 356 Managerial Marketing3
A study of the working knowledge of marketing management and learning to think strategically and to apply marketing theory in a manner that aligns marketing initiatives with market opportunities. Students will be able to understand the functional strategies and marketing plans to optimize customer and organizational value. For continuing studies students only.
BU 357 Financial Management3
Analysis of role of chief financial officer. Study of the tools of financial analysis and decision- making. Emphasis on management of revenues and expenses, assets and liabilities. Information about raising of capital from the sale of stocks and bonds. Prerequisites: BU 230, BU 231, EC 210 or EC 211, and junior standing. Must have met departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. MA 158 or MA 171 recommended if declared Economics or Finance concentration. Fall and spring semesters.
BU 360 Managing Nonprofit Organizations3
Designed for individuals who work or desire to work in a nonprofit environment and seek to gain understanding and sill relating to effective management of these entities. Students will explore the legal, administrative and organizational issues surrounding not-for-profits and how to use management theory to increase productivity and delivery of services to the community. For continuing studies students only.
BU 361 Lean Management3
This course explores streamlining business processes through the application of quality management principles to create globally competitive business entities. The course takes concepts beyond the factory floor to service and retail environments; it is designed for anyone who is interested in a career in management of either a for-profit or not-for-profit entity. For continuing studies students only.
BU 363W Small Business Management3
Comprehensive coverage of all the operational areas involved in selecting and getting a business started. Business plans, funding, and market analysis are included. Local resources to share opportunities and problems. Prerequisites: BU 230, EC 210 or EC 211, and junior standing. Must have departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Periodic offering.
BU 365 Management Information Systems3
This class is intended as an overview of typical management information systems beyond Microsoft Office. At the end of this class, students will have an overall understanding of how information systems work and will be able to address information system issues facing businesses today from a managerial, organizational, technological, and ethical standpoint. Students will be exposed to basic database management systems and data communication systems as well as more advanced information technologies, such as enterprise resource planning systems, business intelligence, and Web 2.0. Prerequisites: CS 125. Must have met departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. Spring semester.
BU 367 Fundamentals of Investing3
This course will provide the student with a solid foundation of the core investment concepts and tools. The course will cover the overall structure of the market and study equities, fixed income, options, mutual funds, commodities/futures as well as some alternative investments. The course will also look at risk and return and the modern portfolio theory. The course will consist of lecture, discussion, presentations and guest lecturers. Prerequisite: BU 357. Must have departmental math requirement of MA 158 or MA 171 with a C or better. Jan Term or spring semester. Periodic offering.
BU 372 Risk Management3
Risk management professionals look at specific projects or initiatives, assess the potential damage that could occur to any involved parties and set plans for dealing with it. This course is designed to be an introduction to the practice of predicting risks and preparing steps to minimize the damage to an organization if certain events happen. Topics such as natural disasters, computer safety or equipment failure will be discussed. Students seeking careers in management of any type of entity will be benefited by the material presented in this course. For continuing studies students only.
BU 373 Human Resource Management3
Changes in our social and economic environment have resulted in changes in the management of an organization's human resources. This course is designed to provide a contemporary view of human resource management. Emphasis is placed on the basic functions of human resource management, i.e. planning, recruitment, selection, training, performance appraisal, compensation, and union/management relations. Fall and spring semesters.
BU 376 Global Operation/Supply Chain Management3
Decision-making involving the management of all aspects of operations in both large-and medium-sized business organizations and in product and service companies. Study of the quantitative tools used in making these analyses and decisions. Prerequisite: Junior standing. Must have met departmental requirements of MA 108, MA 150, MA 158 or MA 171 with a C or better. MA 256 recommended.
BU 377 Financial Statement Analysis3
This course will provide you with tools to analyze and exploit information in corporate financial statements. The course will teach you how to use financial statement information for firm valuation and other economic decisions. The course will also help you understand and analyze the issues that corporate managers face as they design and implement financial reporting strategies, increasing your ability to assess accounting quality, and detect and undo earnings management. Prerequisites: BU 230, BU 231, and BU 357. Must have met departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. MA 158 or MA 171 recommended if declared Finance concentration. Spring semester.
BU 381 International Business Abroad3
Establishes a basic understanding of the theory and practical application of the "hows" and "whys" of a particulate international culture abroad, particularly as it relates to the historic, present and future challenges of that economy and to doing business with various people groups at home and abroad. Business models unique to non-American cultures will be explored in depth. Also listed as AS 381.
BU 382 International Business Abroad Semester Module4
Establishes a basic understanding of the theory and practical application of a particular international culture abroad, specifically how it relates to the historic, present, and future challenges of that economy in relation to conducting business with various groups both at home and abroad. This course is offered as part of a semester long study program only.
BU 387 Financial Institutions & Markets3
The course will analyze the risks faced by investors and savers interacting through both financial institutions and financial markets. It will examine strategies that can be adopted to control and better manage these risks. Special emphasis will be put on new areas of operations in financial markets and institutions such as asset securitization, off-balance sheet activities and globalization of financial services. Prerequisite: BU 357. Must have departmental math requirement of MA 158 or MA 171 with a C or better. Jan Term or spring semester. Periodic offering.
BU 390H Honors Internship1-4
BU 391H Honors Independent Study1-4
BU 392H Honors Study Abroad1-12
This course enables honors students who participate in regular study abroad programs to receive honors credit toward their program. This course concentrates on cultural competency and reflections on critical moments in their study abroad experiences. Letter-graded.
BU 402 International Management3
Principles of management in the international environment. Strategic planning and decision-making in such areas as international marketing. Concepts of organizational design, leadership and control. Prerequisites: BU 311. Periodic offering.
BU 405 Business Plan Preparation3
The course will provide an in-depth study of the business plan, its production and importance in today's business environment. The student will work in a team with faculty and outside mentor support to develop a plan that could be entered into the regional competition. An important goal of the course is to provide the student with the understanding of the relationship between theory and actual business operations as they develop and present their plan. Prerequisites: BU 218 and BU 230. Periodic offering.
BU 406 Business Plan Competition3
The course will provide an in-depth study of the business plan, its production and importance in today's business environment. The student will work in a team with faculty and outside mentor support to develop a plan that could be entered into the regional competition. An important goal of the course is to provide the student with the understanding of the relationship between theory and actual business operations as they develop and present their plan. Prerequisites: BU 218 and BU 230. Periodic offering.
BU 410 Global Strategic Management3
Capstone course for business majors, integrating the functions of marketing, operations and finance from the strategic vantage point of the general manager. Case studies. Prerequisites: BU 357, and senior standing. Fall and spring semesters.
BU 411 Staffing & Labor Relations3
Topics include job analysis and documentation, effective recruitment, selection and staffing, employee records management, key legislation on employee rights (EEO, affirmative action, discrimination and harassment), and the latest employment practices. For continuing studies students only.
BU 420 Personal Financial Management3
Practical information in the handling of personal business affairs. Career planning; insurance (life, health, property); home-buying or renting; investing in stocks, bonds and real estate; estate planning. No prerequisites for lower division. Upper-division credit by permission. Periodic offering.
BU 425 Organizational Behavior3
A general descriptive and analytical study of organizations from the behavioral science perspective. Problems of motivation, leadership, morale, social structure, groups, communications, hierarchy and control in complex organizations. Interaction among technology, environment and human behavior. Alternate theoretical models. Prerequisite: BU 274. Also listed as LS 425. Fall and spring semesters.
BU 434 Advanced Accounting I3
Emphasis on intercorporate investments and preparation of consolidated financial statements. Introduction to advanced topics and current problems in financial accounting, partnership accounting, report theory and practice, including foreign currency transactions. Prerequisites: BU 334 and BU 335. Periodic offering.
BU 435 Governmental and Not-For-Profit Accounting3
A study of accounting and financial reporting standards for governmental and not-for-profit organizations. Prerequisites: BU 335. Periodic offering.
BU 436 Advanced Taxation3
A continuing study of the concepts involved in determination of federal income tax liability and preparation of tax returns. Partnership and corporate tax problems, tax planning, introduction to tax research included. Prerequisite: BU 336. Periodic offering.
BU 440 Advanced Business Law3
A continuing study of the laws affecting business transactions. Introduction to commercial transactions including the Uniform Commercial Code, various advanced topics such as environmental, computer, employee and international laws. Useful for accounting majors. Prerequisite: BU 240. Periodic offering.
BU 448 Integrated Marketing Communication3
An in-depth study and application of the role, theory, tools, planning and management of integrated marketing communications. Students will explore communication with customers using various components of the promotional mix through multiple channels such as television, radio, print, direct marketing, outdoor and digital. BU 301. Fall Semester.
BU 450W Social and Ethical Issues in Business and Economics3
Contemporary social, political, environmental and ethical forces affecting today's business and economic world. Seminar format. Dialogue with top local business, government and union leaders. Also listed as EC 450W. Fall and spring semesters.
BU 453W Organizational Theory3
Course examines organizational theory, development and change from several perspectives. Explores leadership and development of organizational strategies and objective setting. Also listed as LS 453W. Periodic offering.
BU 455 Chaos Theory, Leadership and Management3
A capstone course in leadership theory. Application of theory and practice to personal philosophy of leadership and how that applies to future vocational objectives. Translation of theory into practice through a major course proposal. Project. Also listed as LS 455 Jan Term.
BU 457 Employment Laws and Regulations3
An exploration of employment laws and regulations as they relate to avoiding claims for wrongful termination, ensuring equal employment opportunity, understanding affirmative action obligations and developing sound human resource policies and practice. For continuing studies students only.
BU 458 Strategic Management3
This course examines the nature of competition and competitive advantage that are the foundations of business strategy. Theories and frameworks to support the analysis and formulation of successful business strategies are reviewed and applied to a broad range of industries and firms. For continuing studies students only.
BU 461 Ethics in Management3
This course will raise foundational issues in connection with ethical values, and will apply those values in the context of organizations. Ethical principles and the process of applying those principles will be addressed, integrating Christian principles with standard ethical inquiry. For continuing studies students only.
BU 463 Project Management3
In this course we will review best practices in project management. We will cover specific methodologies and techniques for project initiation, project planning, and project control. Throughout we will emphasize the interplay of people, process, and technology that results in well-rounded project management excellence. A combination of simulation, Microsoft Project, and student-developed plans will be used to apply and reinforce the best practice concepts throughout the course. Periodic offering.
BU 466W Principles of Auditing3
Standards, objectives and ethics for auditors in public accounting. Reporting standards, internal control, evidence and statistical sampling. Prerequisite: BU 334. Spring semester.
BU 467 Advanced International Corporate Finance3
This course will study capital investment decisions and project analysis as well short term financial planning and management. The course will study the foundations of international management which include foreign exchange exposure and management. The course will also study how international firms manage their businesses which include FDI, capital structure, capital budgeting and management and multinational cash management. Prerequisite: BU 357, BU 377, and BU 387. Fall semester.
BU 477 Forad: Multi-National Finance3
This course applies the theories of managerial and international finance to the problems of multinational treasury management. Topics include issues and techniques in multinational funds transfers; identifying and measuring foreign exchange and interest rate risk; multinational tax planning; managing foreign exchange and interest rate risk; hedging instruments, including forward contracts, options, and swaps; and financially engineered synthetics. Students also manage the financial functions of a computer-simulated multinational corporation, construct a biennial report summarizing their management results, and present oral reports to a board of directors consisting of professors and invited business professionals. Prerequisite: BU 467. Spring semester.
BU 480 Field Studies1-4
Field Studies
BU 489 Marketing Strategy3
An integrative experience that allows students to understand the relationships between various aspects of marketing and other functional areas of business. Students will study the development of comprehensive marketing plans. Prerequisite: BU 448. Spring semester.
BU 490 Internship1-12
See information on Directed Studies page.
BU 491 Independent Study1-4
BU 491H Honors Independent Study1-4
BU 493 Entrepreneurial Development3
A practical hands-on consulting experience whereby students work with local entrepreneurs in developing business plans and competing for sustainable financing of a small business. Requires completion of business core except BU 410. Periodic offering.

Economics Courses

EC 210 Principles of Microeconomics3
Economics of the consumer and the firm; principles of market supply and demand and the determination of prices; analysis of competitive, monopolistic and oligopolistic markets; labor and other resource-input markets. Fulfills Social Science GE requirement. Prerequisites: MA 108, MA 150, MA 158 or MA 171 with a C or better. MA 158 or MA 171 recommended if declared Economics or Finance concentration. Fall and spring semesters.
EC 211 Principles of Macroeconomics3
Examination of problems of unemployment, inflation, productivity, and economic growth; measurement of national income; Keynesian and classical theories of national income determination; fiscal and monetary policies and their implications; international economics. Fulfills Social Science GE requirement. Prerequisites: MA 108, MA 150, MA 158 or MA 171 with a C or better. MA 158 or MA 171 recommended if declared Economics or Finance concentration. Fall and spring semesters.
EC 245 Economics of Social Issues3
Economic thinking about social problems such as population growth, price controls, poverty, higher education, energy,crime, pollution, consumerism, health care, social and economic inequality, unemployment, inflation, taxation and the public debt. Periodic offering.
EC 250 Environment and Society3
Studies the role of markets, governments, and civil society in shaping the way people behave toward the environment, focusing on the concept of sustainability in terms of society, economics and the environment. Because people interact in a variety of ways, the course moves from local to global and focuses on issues at each level. Also listed as DS/PO 250. Also listed as ENS 250. Periodic offering.
EC 301 Money and Banking3
Nature, function and regulation of money and credit. Review of the financial institutions that control domestic and international monetary policy. Prerequisites: BU 230, EC 210, and EC 211. Must have departmental math requirement of MA 158 or MA 171 with a C or better. Periodic offering.
EC 320 Intermediate Microeconomic Analysis3
Theory of consumer and producer behavior; determination of price under various market structures; resource allocation and income distribution; general equilibrium analysis; application of economic principles to social problems. Prerequisites: EC 210 and EC 211. Must have departmental math requirement of MA 158 or MA 171 with a C or better. Fall semester.
EC 321 Intermediate Macroeconomic Analysis3
Analysis of Keynesian, classical and other models of national income determination; fiscal and monetary policy; evaluation of the impact of international trade and capital flows on national income; theories of economic growth; macroeconomic history of the U.S. Prerequisites: EC 210 and EC 211. Must have departmental math requirement of MA 158 or MA 171 with a C or better. Spring semester.
EC 325 Economic Development3
Theories of economic growth and development focusing on the Third World; measurement of economic development; roles of economic systems, culture, resources, human capital, technology, foreign trade, foreign aid, foreign investment; economic appraisal methodology. Fulfills Global Perspective GE requirement. Prerequisites: EC 210 and EC 211. Must have met departmental math requirement of MA 108, MA 150, MA 158 or MA 171 with a C or better. EC 320 and EC 321 recommended if declared Economics concentration. Also listed as DS/LS 325. Periodic offering.
EC 345 Economics of Social Issues3
Economic thinking about social problems such as population growth, price controls, poverty, higher education, energy, crime, pollution, consumerism, health care, social and economic inequality, unemployment, inflation, taxation and the public debt. For continuing studies students only.
EC 356 Applied Economic Principles3
Explore national economic factors and the impact of government policy, as well as the driving force behind all economic decision-making, to analyze how and why consumers and businesses make the choices they do. Decision-making in light of scarce resources will be examined. For continuing studies students only.
EC 365W History of Economic Thought3
Origins and development of economic thought from the early Greeks through the scholastics and mercantilists; emphasis on classical economics and criticisms of it; neoclassical theory. Also includes an overview of economic history of Europe, U.S.A., and Japan. Prerequisites: EC 210 and EC 211. Periodic offering.
EC 381 Sustainable Development Abroad3
Establishes a basic understanding of the theory and practical application of the "hows" and "whys" of a particulate international culture abroad, particularly as it relates to the historic, present and future challenges of that economy and to doing business with various people groups at home and abroad. Business models unique to non-American cultures will be explored in depth. Also listed as DS 381. Also listed asa LAS 381.
EC 390H Honors Internship1-4
EC 391H Honors Independent Study1-4
EC 392H Honors Study Abroad1-12
This course enables honors students who participate in regular study abroad programs to receive honors credit toward their program. This course concentrates on cultural competency and reflections on critical moments in their study abroad experiences. Letter-graded.
EC 402 Econometrics3
Application of statistical modeling to empirical work in economics. A mixture of theory and applied computer work. Primary focus is regression analysis. Prerequisites: EC 210, EC 211, EC 320, and EC 321. Must have departmental math requirement of MA 158 or MA 171 with a C or better. Spring semester.
EC 416 International Trade and Finance3
Classical and modern theories of international trade; analysis of tariffs and other trade restrictions; balance of payments; foreign exchange-rate determination; relationship between national income and balance of payments; applications to current issues in international economics. Prerequisites: EC 210, EC 211, EC 320, and EC 321. Must have departmental math requirement of MA 158 or MA 171 with a C or better. Also listed as DS 416. Fall semester.
EC 450W Social and Ethical Issues in Business and Economics3
Contemporary social, political, environmental and ethical forces affecting today's business and economic world. Seminar format. Dialogue with top local business, government and union leaders. Also listed as BU 450W. Fall and spring semesters.
EC 470 Senior Thesis3
The Senior Thesis is a research based independent study designed and completed under the supervision and direction of a faculty member who will guide and direct the student in the design and completion of the research project. The completed thesis will demonstrate academic rigor in both the understanding and application of economic theory as well as competency in academic writing. Prerequisites: EC-321, EC-320. Faculty approval is required prior to registration.
EC 491H Honors Independent Study1-4

Prerequisites for all Department of Business & Economics Concentrations and Minors

A grade of “C” or better is required for the prerequisites listed below.

1. Prior to the sophomore year:

CS 125Business Information Systems3
Requirement for Economics or Finance concentrations.4
One of the following:
Calculus for Social Sciences
Calculus I
Requirement for concentrations other than Economics or Finance.4
One of the following:
Finite Mathematics for Social Sciences
Pre-Calculus
Calculus for Social Sciences
Calculus I

 2. Prior to, or during, the junior year:

MA 256Elementary Probability and Statistics3

Business Core Requirements (45)

BU 218Marketing3
BU 230Financial Accounting3
BU 231Managerial Accounting3
BU 240Business Law3
BU 274Principles of Management3
EL 211Professional Writing3
BU 311Principles of International Business3
BU 357Financial Management3
BU 410Global Strategic Management3
BU 450WSocial and Ethical Issues in Business and Economics3
EC 210Principles of Microeconomics3
EC 211Principles of Macroeconomics3
Two of the following electives:6
Dean's Executive Speaker Series
Customer Relationship and Channel Management
Small Business Management
International Management
Organizational Theory
Project Management
Internship
Economics of Social Issues
Environment and Society
Money and Banking
History of Economic Thought
Economic Development
Transforming Leadership
Chaos Theory, Leadership and Management
International Political Economy
Note: BU 296, 396, and 496 courses will apply toward this requirement. See advisor for details.
Note: A student declared under one of the listed concentrations can take a required course for a different concentration as their core elective as long as the prerequisites are met. Students may not use the same course as an elective and as a required course should they decide to change concentrations.
One of the following (Experiential Requirement):3
Business Plan Preparation
Business Plan Competition
Field Studies
Internship
Independent Study
One of the following (Global Understanding Requirement):
(to be approved by advisor prior to graduation)
-Participate in a Whitworth Study Abroad Program, International Studies Exchange Program (ISEP), or International Business Institute (IBI). Global Understanding related courses approved under Study Abroad, ISEP, or IBI programs may substitute for BBA Core Requirements or Elective courses with the approval of student's advisor.
-Achieve a minimum of 200 level foreign language proficiency (sign language does not apply). To fulfill this requirement, a student may take 201 and 202 level foreign language classes. CLEP or Dante exams will not be accepted. Credits earned under the foreign language Global Understanding option would not apply to the total for the BBA program but would apply to the total credits required for graduation.
-Complete a total of 6 additional credits of Global Perspective course work at the 200 level or above. This does not include BU 311 which is a BBA core requirement.

Requirements for Accounting Concentration, B.B.A. (69)

Business Core Requirements45
BU 332Cost Accounting3
BU 333Accounting Systems and Theory3
BU 334Intermediate Accounting I4
BU 335Intermediate Accounting II4
BU 336Introduction to Taxation4
BU 466WPrinciples of Auditing3
One of the following:3
Occupational Fraud & Abuse
Financial Statement Analysis
Advanced Accounting I
Governmental and Not-For-Profit Accounting
Advanced Taxation

Requirements for Management Concentration, B.B.A. (57)

Business Core Requirements45
BU 365Management Information Systems3
BU 373Human Resource Management3
BU 376Global Operation/Supply Chain Management3
BU 425Organizational Behavior3

Requirements for Economics Concentration, B.B.A. (57)

Business Core Requirements45
EC 320Intermediate Microeconomic Analysis3
EC 321Intermediate Macroeconomic Analysis3
EC 402Econometrics3
EC 416International Trade and Finance3

Requirements for Marketing Concentration, B.B.A. (57)

Business Core Requirements45
BU 343Market Research3
BU 301Consumer Behavior3
BU 448Integrated Marketing Communication3
BU 489Marketing Strategy3

Requirements for Finance Concentration, B.B.A (60)

Business Core Requirements45
BU 367Fundamentals of Investing3
BU 377Financial Statement Analysis3
BU 387Financial Institutions & Markets3
BU 467Advanced International Corporate Finance3
BU 477Forad: Multi-National Finance3

Business and Economics minors

Note: All minors require Business and Economics prerequisites. See the Majors page for prerequisite requirements.

Requirements for an Accounting Minor (59)

Business Core Requirements45
BU 332Cost Accounting3
BU 333Accounting Systems and Theory3
BU 334Intermediate Accounting I4
BU 335Intermediate Accounting II4

Requirements for a General Business Minor (18)

(For non-business & economics department majors)
BU 274Principles of Management3
or LS 250 Principles of Service and Leadership
BU 218Marketing3
BU 230Financial Accounting3
BU 240Business Law3
BU 311Principles of International Business3
EC 210Principles of Microeconomics3
Dean

TIMOTHY WILKINSON

Chair

ROBERT BUCKHAM

Associate professors

CRAIG HINNENKAMPMARGIE NESS LASHAW

Assistant professors

ROBERT BUCKHAMCANDICE CORREIACLAUDIA DUMITRESCUTODD FRIENDSROBIN HENAGERDAWN KEIGYOUNG LEEVANGE OCASIOERIC SARTELLDAVID SLOAN (VISITING)

Instructor

B. DUFF BERGQUIST (CLINICAL ASSISTANT PROFESSOR)TARA LAMBERT