2015 Boston University Summer Term

2015 Boston University Summer Term http://www.bu.edu/summer/

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Boston University has an open enrollment policy. Visiting international students do not need to be formally admitted to BU to registration for classes. International students may request a student visa by registering for two summer Term courses (8 credits) over six weeks, or enrolling in three courses (12 credits) over twelve weeks. Dedicated staff members assist international students throughout the enrollment process.

English Language Requirement TOEFL scores are not required for most summer courses, but summer students are expected to have English-language skills equivalent to the minimum TOEFL scores posted at http://www.bu.edu/summer/international-students/toefl.shtml TOEFL/IELTS Results of the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS) are not required for Summer Term registration, with the exception of Metropolitan College Administrative Sciences graduate courses. However, English is the language of instruction at Boston University, and a high degree of competency is assumed. Most academic programs expect students to have English proficiency levels equivalent to: 550 on the paper-based TOEFL (PBT) 84 on the Internet-based TOEFL (iBT) 7 on the International English Language Testing System (IELTS) Courses http://www.bu.edu/summer/courses/ International Student Online Enrollment Form https://www.bu.edu/summer/international-students/apply-visa/

Economics College of Arts & Sciences Introductory Microeconomic Analysis CAS EC 101 One semester of a standard two-semester sequence for those considering further work in management or economics. Coverage includes economics of households, business firms, and markets; consumer behavior and the demand for commodities; production, costs, and the supply of commodities; price determination; competition and monopoly; efficiency of resource allocation; governmental regulation; income distribution; and poverty. Carries social science divisional credit in CAS. 4 cr. Tuition: $2480 Summer 1 (May 19-June 25) A1 (IND) Tues./Wed./Thurs. 10 am-12:30 pm Todd Idson A2 (IND) Tues./Wed./Thurs. 1-3:30 pm Todd Idson A3 (IND) Mon./Tues./Wed. 2-4:30 pm Hsueh-Ling Huynh A4 (IND) Mon./Tues./Wed. 6-8:30 pm Andrew Busey Summer 2 (June 29-August 6) B1 (IND) Tues./Wed./Thurs. 10 am-12:30 pm Todd Idson B2 (IND) Mon./Tues./Wed. 6-8:30 pm Kam Siu Introductory Macroeconomic Analysis CAS EC 102 The second semester of a standard two-semester sequence for those considering further work in management or economics. National economic performance; the problems of recession, unemployment, and inflation; money creation; government spending and taxation; economic policies for full employment and price stability; and international trade and payments. Carries social science divisional credit in CAS. 4 cr. Tuition: $2480 Summer 1 (May 19-June 25) A1 (IND) Tues./Wed./Thurs. 9-11:30 am

Arindam Bandopadhyaya A2 (IND) Tues./Wed./Thurs. 6-8:30 pm Siddiq Abdullah Summer 2 (June 29-August 6) B1 (IND) Tues./Wed./Thurs. 1-3:30 pm Siddiq Abdullah B2 (IND) Mon./Tues./Wed. 9:30 am-12 noon Kam Siu B3 (IND) Mon./Tues./Wed. 6-8:30 pm Gary Rife Intermediate Microeconomic Analysis CAS EC 201 Prereq: (CAS EC 101). Determination of commodity prices and factor prices under differing market conditions of competition and monopoly. 4 cr. Tuition: $2480 Summer 1 (May 19-June 25) A1 (IND) Tues./Wed./Thurs. 1:30-4 pm Bjorn Persson A2 (IND) Tues./Wed./Thurs. 6-8:30 pm Nicholas Saponara Summer 2 (June 29-August 5) B1 (IND) Mon./Tues./Wed. 6-8:30 pm Ishita Dey Intermediate Macroeconomic Analysis CAS EC 202 Prereq: (CAS EC 102). Determination of aggregate income and employment. Analysis of fiscal and monetary policy. Inflation and incomes policy. Problems of the open economy. 4 cr. Tuition: $2480 Summer 1 (May 19-June 25) A1 (IND) Tues./Wed./Thurs. 1:30-4 pm Andre Switala

A2 (IND) Tues./Wed./Thurs. 6-8:30 pm Andre Switala Summer 2 (June 30-August 6) B1 (IND) Tues./Wed./Thurs. 1:30-4 pm Jesse Bruhn Empirical Economics 1 CAS EC 203 Prereq: (CAS EC 101 & CAS EC 102). Statistical techniques are presented and applied to a variety of economics problems. Extensive use of the statistical software package STATA. 4 cr. Tuition: $2480 Summer 1 (May 19-June 25) A1 (IND) Tues./Wed./Thurs. 10 am-12:30 pm Michael Gechter Empirical Economics 2 CAS EC 204 Prereq: (CAS EC 203 or CAS MA 214 or SMG SM 221). Builds on the material in CAS EC 203, developing more complex statistical techniques and applications. 4 cr. Tuition: $2480 Summer 2 (June 29-August 5) B1 (IND) Mon./Tues./Wed. 1-3:30 pm Luis Huerta-Aparicio Economics of Less-Developed Regions CAS EC 320 Prereq: (CAS EC 101 & CAS EC 102). Theoretical and empirical examination of the structural changes associated with the process of economic development; special reference to poor regions and countries; rigorous analysis of criteria for policy judgments in development planning and programming. 4 cr. Tuition: $2480 Summer 2 (June 29-August 5) B1 (IND) Mon./Tues./Wed. 6-8:30 pm Matthew Gudgeon Behavioral Economics CAS EC 323 Prereq: (CAS EC 201). Introduction to a new field in economics that challenges the traditional model of rational decision-making and uses research in psychology to construct

alternative models. Covers the theory of choice under certainty, uncertainty, and temptation; biases in judgment; social preferences. 4 cr. Tuition: $2480 Summer 2 (June 29-August 5) B1 (IND) Mon./Tues./Wed. 10:30 am-1 pm Jawwad Noor Market Structure and Economic Performance CAS EC 332 Prereq: (CAS EC 201). Structure of the American economy. The theory of imperfect competition. Topics include firm concentration and conglomeration, consumer ignorance and market failure, and advertising and technological change as part of market performance. 4 cr. Tuition: $2480 Summer 2 (June 30-August 6) B1 (IND) Tues./Wed./Thurs. 10 am-12:30 pm Benjamin Solow Monetary and Banking Institutions CAS EC 341 Prereq: (CAS EC 202). Survey of commercial and central banking institutions. Examination of macro relations between financial organizations and principal objectives of stabilization policy. 4 cr. Tuition: $2480 Summer 1 (May 20-June 25) A1 (IND) Mon./Wed./Thurs. 2-4:30 pm Raphael Constantino Economics of the Labor Market CAS EC 356 Prereq: (CAS EC 201). Application of current theories of labor supply and demand, wages, education and experience, immigration, labor efficiency, discrimination, and unemployment. Appraisal of the effects of government policies on labor markets. 4 cr. Tuition: $2480 Summer 1 (May 19-June 24) A1 (IND) Mon./Tues./Wed. 9:30 am-12 noon Lee Tucker Economics of Sports CAS EC 385 Prereq: (CAS EC 201) and (CAS EC 203 or CAS EC 305); or the equivalent. Applies the tools of microeconomic theory and empirical methods to study questions such as the optimal

design of sports leagues, the impact of new stadiums on a local economy, fan (customer) discrimination, and salary differentials between players. 4 cr. Tuition: $2480 Summer 2 (June 30-August 6) B1 (IND) Tues./Wed./Thurs. 1-3:30 pm Todd Idson Introduction to Health Economics CAS EC 387 Prereq: (CAS EC 201). Concepts of health economics applicable to both developed and developing countries. Topics include effect of health on the economy, effect of health care on health, hospital behavior, health work-force supply, and demand for health care. 4 cr. Tuition: $2480 Summer 1 (May 19-June 25) A1 (IND) Tues./Wed./Thurs. 2:30-5 pm Alexander Poterack International Economics I CAS EC 391 Prereq: (CAS EC 201). The pure theory of international trade. Topics include comparative advantage and gains from trade, tariff and nontariff barriers to trade, and case studies in international economic policy. 4 cr. Tuition: $2480 Summer 2 (June 30-August 6) B1 (IND) Tues./Wed./Thurs. 6-8:30 pm Alexander Poterack International Economics II: Problems and Policy CAS EC 392 Prereq: (CAS EC 202). Basic issues of international finance. Topics include the balance of payments, balance of payment adjustments, theories of exchange rate determination, and case studies in international economic policy. 4 cr. Tuition: $2480 Summer 1 (May 19-June 24) A1 (IND) Mon./Tues./Wed. 1-3:30 pm Geoffrey Carliner Game Theory CAS EC 403 Prereq: (CAS MA 121 or CAS MA 123 or CAS MA 127) or consent of instructor. Models of decision-making in which the choices of different individuals interact: basic equilibrium notions in normal form games, including signaling games and repeated games. Applications

include auctions, foreign policy, takeover bids, entry deterrence, cooperation and conflict, financial markets, and public goods. 4 cr. Tuition: $2480 Summer 1 (May 19-June 24) A1 (IND) Mon./Tues./Wed. 6-8:30 pm Hsueh-Ling Huynh Economics of Risk and Uncertainty CAS EC 445 Prereq: (CAS EC 201 & CAS EC 202 & CAS EC 305) and (CAS MA 121 or CAS MA 123 or CAS MA 127). For advanced undergraduates. Emphasis on quantitative links between theory and data. Topics include expected utility, portfolio choice and the capital asset pricing model, interest rates and monetary policy, the relation between the real economy and the stock market. 4 cr. Tuition: $2480 Summer 1 (May 19-June 25) A1 (IND) Tues./Wed./Thurs. 10 am-12:30 pm Bjorn Persson Elementary Mathematical Economics CAS EC 505 Prereq: (CAS MA 121) or consent of instructor. Stresses the formulation of economic problems in mathematical terms. Topics covered include partial derivation, total differentials, constrained maximization, matrix algebra, dynamic analysis, and discounting. Cannot be taken for credit by concentrators in Mathematics or Economics and Mathematics. 4 cr. Tuition: $2480 Summer 2 (August 5-August 25) B1 (IND) Mon./Tues./Wed./Thurs./Fri. 9 am-12 noon Bjorn Persson Non-standard course dates

Business for Non-Majors School of Management This special set of courses is intended for students who are interested in an introduction to various aspects of business. Developed specifically for non-business majors, these courses provide valuable exposure to business principles, including management, financial analysis, and marketing techniques. These courses may not be taken by SMG students for credit nor can they be used by Boston University students toward a Business Administration minor. There are no prerequisites for courses in the Business for Non-Business Majors series. Introduction to Business SMG SM 101 A broad introduction to the nature and activities of business enterprises within the United States' economic and political framework. Course content introduces economic systems, essential elements of business organization, production, human resource management, marketing, finance, and risk management. Key objectives of the course are development of business vocabulary and a fundamental understanding of how businesses make money. This course is intended for non-business majors. It may not be taken by SMG students for credit nor can it be used by Boston University students toward the Business Administration minor. Non-SMG students may register for this course directly via the Student Link. 4 cr. Tuition: $2480 Summer 1 (May 20-June 24) A1 (IND) Mon./Wed. 9 am-12:30 pm Jeffrey Allen Not Open to SMG Majors/Minors Summer 2 (June 30-August 6) B1 (IND) Tues./Thurs. 9 am-12:30 pm Paul Morrison Not Open to SMG Majors/Minors Finance for Non-Management Students SMG SM 104 Read, understand, and analyze financial statements such as income statements and balance sheets. Covers techniques of internal financial analysis such as breakeven, budgeting, financial forecasting, and tools to aid in decision making. Introduction to the time value of money and capital budgeting using discounted cash flow analysis. Intended for nonbusiness majors. This course may not be taken by SMG students for credit nor can it be used by Boston University students toward the Business Administration minor. Non-SMG students may register for this course directly via the Student Link. 4 cr. Tuition: $2480 Summer 1 (May 19-June 24) A1 (IND) Mon./Tues./Wed. 1:30-4 pm

Staff Not Open to SMG Majors/Minors Summer 2 (June 30-August 6) B1 (IND) Tues./Thurs. 2-5:30 pm Staff Not Open to SMG Majors/Minors Introduction to Marketing SMG SM 105 How is it that some products succeed and some fail? In many instances, the difference is in their marketing strategy. Examines key areas of marketing including product development, advertising, promotions, pricing, and retailer decisions. Uses a combination of in-class exercises, real world examples, cases, lecture, and discussion. This course is intended for non- business majors. It may not be taken by SMG students for credit nor can it be used by Boston University students toward the Business Administration minor. Non-SMG students may register for this course directly via the Student Link. 4 cr. Tuition: $2480 Summer 1 (May 19-June 25) A1 (IND) Tues./Thurs. 1-4:30 pm Deborah Utter Not Open to SMG Majors/Minors

Metropolitan College Personal Financial Planning MET MG 202 The development of personal investment strategies using money and credit. Securities and portfolio management, budgeting, insurance, taxes, retirement programs, and estate planning. 4 cr. Tuition: $2480 Summer 1 (May 20-June 24) A1 (IND) Mon./Wed. 6-9:30 pm Mark Passacantando

Hospitality Administration School of Hospitality Administration Introduction to the Hospitality Industry SHA HF 100 Serves as the prerequisite to all SHA courses. Students wishing to take any SHA courses must first complete SHA HF 100. An introductory course designed to offer an overview of the hospitality industry. Students gain a historical perspective and track current events. Discusses the structure of the industry including chains, franchising, ownership, and management. Explores the inner workings of various components of lodging, food service, and entertainment organizations. Previews the important disciplines covered in upper-level classes. Actual industry examples and case studies are used extensively. Not open to SMG students or seniors. 4 cr. Tuition: $2480 Summer 1 (May 20-June 24) A1 (IND) Mon./Wed. 9 am-12:30 pm Michael Oshins Not open to SMG or seniors Summer 2 (June 30-August 6) B1 (IND) Tues./Thurs. 9 am-12:30 pm Christopher Muller Not open to SMG or seniors Hospitality Field Experience I SHA HF 140 400 hours of supervised internship experience. 0 cr. Tuition: $0 Summer 1 (May 19-June 26) A1 (IND) Arranged Marta McManus Permission Required, WebReg Restricted Summer 2 (June 29-August 7) B1 (IND) Arranged Marta McManus Permission Required, WebReg Restricted Financial Accounting for the Hospitality Industry SHA HF 210

Prereq: (SHA HF 100). An introductory course in accounting designed to provide students with a basic understanding of the language of business. Examines the basic accounting processes of recording, classifying, and summarizing business transactions. Also provides an opportunity to study elements of financial statements such as assets, liabilities, equity, revenue, and expenses. 4 cr. Tuition: $2480 Summer 1 (May 19-June 25) A1 (IND) Tues./Thurs. 9 am-12:30 pm Juyu Ho Food & Beverage Management SHA HF 220 Prereq: (SHA HF 100 or SHA HF 200). Focuses on principal operating problems facing managers in the restaurant industry. Topics addressed include concept development and entrepreneurship, menu analysis, cost control, operational analysis, and customer service processes. 4 cr. Tuition: $2480 Summer 1 (May 20-June 24) A1 (IND) Mon./Wed. 9 am-12:30 pm Peter Szende Hospitality Field Experience II SHA HF 240 Prereq: (SHA HF 100 and SHA HF 140). 400 hours of supervised internship experience. 0 cr. Tuition: $0 Summer 1 (May 19-June 26) A1 (IND) Arranged Marta McManus Permission Required, WebReg Restricted Summer 2 (June 29-August 7) B1 (IND) Arranged Marta McManus Permission Required, WebReg Restricted Managerial Accounting for the Hospitality Industry SHA HF 310 Prereq: CAS MA 120 or higher, SHA HF 210 or SMG AC 221, SHA HF 220 and SHA HF 270. After a review of financial-accounting principles, this course examines how financial information is assembled and presented according to the Uniform Systems Accounts for hospitality enterprises. The primary emphasis is on analytical and decision-making uses of

financial information, including such topics as cost behavior, leverage, cost-volume-profit analysis, contribution-margin pricing, and budgeting. The course concludes with a review of hotel operating forms, including franchising and management contracts, assessing their impact on financial performance and risk. 4 cr. Tuition: $2480 Summer 1 (May 20-June 24) A1 (IND) Mon./Wed. 9 am-12:30 pm Juyu Ho Summer 2 (June 30-August 6) B1 (IND) Tues./Thurs. 9:30 am-1 pm Heung Kwag Finance for the Hospitality Industry SHA HF 410 Prereq: SHA HF 210 and SHA HF 310 and (CAS MA 113 or CAS MA 115). Studies the techniques financial managers and external analysts employ to value the firm and its assets. Topics include financial statement analysis, taxation, discounted cash flow, stock and bond valuation, cost of capital, and capital budgeting. The techniques of discounted cash flow and the command of taxation principles developed in the course are applied to commercial real estate analysis, including hospitality properties. Permission required for non-SHA students. Contact the SHA advising office at 617-353-0930 for more information. 4 cr. Tuition: $2480 Summer 2 (June 30-August 6) B1 (IND) Tues./Thurs. 1:30-5 pm Heung Kwag Permission Required Hospitality Leadership SHA HF 432 Prereq: (SHA HF 231). Focus on leadership and management for the hospitality industry. Using a leadership continuum as a framework, the course explores several different levels of leadership, from a "traditional" leadership role as the head of a major corporation, to the more personal aspect of self-leadership. Several different leadership models are analyzed and applied to the hospitality industry. Leadership tools are explored: hands-on, realistic tools that you will be able to use in your personal life, while in school, and in the business world. Seniors only. Permission required for non-SHA students. Contact the SHA advising office at 617-353-0930 for more information. 4 cr. Tuition: $2480 Summer 1 (May 20-June 24) A1 (IND) Mon./Wed. 1:30-5 pm Michael Oshins Permission Required

International Experience SHA HF 440 Prereq: (SHA HF 100). This requirement can be fulfilled by living or working in a foreign country for ten weeks or exploring through coursework the language and culture of another country. Students may also propose an independent study to fulfill this requirement. 0 cr. Tuition: $0 Summer 1 (May 19-June 26) A1 (IND) Arranged Marta McManus Permission Required, WebReg Restricted Summer 2 (June 29-August 7) B1 (IND) Arranged Marta McManus Permission Required, WebReg Restricted