Business Administration

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• Accounting
• Actuarial Science
• Economics
• Finance
• General Business
• Marketing
• Public Administration

Accounting

"The process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of the information."

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• Accounting is a language that provides information about the financial position of an organization.
• By learning this language people can communicate and understand the financial operations of any and all types of organizations.

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• The budgets for marketing activities, profit reinvestment, research and development, and company growth all stem from the work of accountants.

Economics
Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals.

Two main Types of Economics

• Microeconomics :the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders.
• Macroeconomics: takes a much broader view by analyzing the economic activity of an entire country or the international marketplace.

The Function of Economics

• A study of economics can describe all aspects of a country’s economy, such as how a country uses its resources, how much time laborers devote to work and leisure, the outcome of investing in industries or financial products, the effect of taxes on a population, and why businesses succeed or fail