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The Academic Programs

Established in 1970 as the fifth constituent member of the University of Liberia Community, the College of Business and Public Administration offers four undergraduate academic degree programs for students who wish to pursue a professional undergraduate education in business economics, accounting, management and public administration.


The College of Business and Public Administration provides professional education in business and related fields and in Public Administration. The College also recognizes the importance of a liberal education as a foundation for a career of continuing self-education.

The College therefore endeavours to give its students an appreciation of the problems and opportunities facing both private and public organizations as well as providing an understandina of the operations of business and government. In doing so, the College endeavours to equip Its students with concepts, skills and knowledge they will need to function effectively In administrative and professional positions. It is our goal to develop leadership capacity In our graduates and to instill in them the importance of education as a foundation for a career of continuing self-education.

The College also recognizes that education should be a highly personalized process. Under careful faculty guidance, the student is allowed to elect from a range of curricula.

General Requirements For Major and Minor

A candidate for the Bachelor's degree shall complete a major in one field of study. Majors offered are in Accounting, Economics, Management, and Public Administration. A candidate is required to also complete a minor in a specific field of related study in the College and/or in any of the other Colleges within the University of Liberia.

Courses for Minor

The courses of study listed below represent areas of specialization available to students who wish to minor in a particular subject area. The following rules are applicable:

1. Prior to enrolling for a course the student must ensure that he has met the pre-requisites. For example, the pre-requisite for ACCT 305 is ACCT 202.

2. A course used to satisfy a required course in a major area of concentration may not be used to fulfill the student's minor area. For example, MANG 417 is a required course for accounting majors and may not be used as a course for a minor In management.

Minor in Accounting

Students minoring in Accounting are expected to complete the following five courses:

Minor in Accounting

ACCT 305 Intermediate Accounting I
ACCT 306 Cost Accounting I
ACCT 401 Advanced Accounting
ACCT 405 Auditing I
ACCT 410 Government Budgeting and Tax Accounting.

Minor in Economics

Students mirroring in Economics are expected to complete the following five courses:

ECON 301 - Intermediate Macro-economic Analysis
ECON 302 - Intermediate Micro-economic Analysis and any three other courses in the 300 and 400 series of courses offered by the Department of Economics.

Minor in Management

Students minoring in Management are expected to complete five courses from any of the following specialized areas as offered by the Department of Management.

Administrative Management

MANG 320 - Purchasing Admin. & Materials Management
MANG 324 - Management of Administrative Services
MANG 331 - Introduction Electronic Data Processing
MANG 332 - Advanced Systems Analysis and Programming
MANG 424 - Systems and Procedures

General Management

MANG 324 - Management of Administrative Services
MANG 404 - Personnel Management and Labor Relations
MANG 406 - Production Management
MANG 413 - Marketing Management
MANG 414 - Business Policy and Practice
MANG 417 - Financial Management
MANG 427 - Company Planning

Marketing Management

MANG 322 - Retail Management
MANG 324 - Management of Administrative Services
MANG 412 - Transportation Management
MANG 413 - Marketing Management
MANG 419 - Market Research
MANG 420 - Small Business Management
MANG 422 - International Marketing

Personnel Management

MANG 301 - Organizational Behavior
MANG 311 - Managerial Psychology
MANG 319 - Business Communications
MANG 404 - Personnel Management and Labour Relations
MANG 418 - Manpower Development
MANG 425 - Wage and Salary Administration
MANG 431 - Employment Techniques

Financial Management

MANG 318 - Principles of Insurance
MANG 320 - Purchasing Administration
MANG 403 - Managerial Economics
MANG 417 - Financial Management
MANG 428 - Credit Management
MANG 429 - Financial Statement Analysis
ECON 405 - Money and Banking

Minor in Public Administration

Students minoring in Public Administration are expected to complete the following five courses:

PADM 202 - Introduction to Public Administration II

Any two courses from the 300 series and any two courses from the 400 series of courses offered by the Department of Public Administration.

316 Economics - Industry and Labour

Scope of Industry in an economy. Analysis of main characteristics of industrial structure. Theory of the firm and industry. Principal investment policy. The organization of production. Problems of small industrial enterprises in developing countries. The location of industrial activities. The role of government in industrial development. The concept of labor in industrial and developing countries; theories of wages; determination and wage differentials, collective bargaining, trade union and employer's organizations,

319 Economics - Mathematics for Economists
Pre-requisite: MATH 108, Math 203, ECON 201 & 202

The Number System, Sets, Relations. Functions. Analytic Geometry, Limits, Continuity, Derivatives, Differentiation, Techniques, Functions of several Variables, Partial Differentiation, Total Differentials, Maxima and Minima, Constrained Optimization, Series, Elements of integration, Difference and differential equations, Illustrations and applications of above themes of Economics will be emphasized.

402 Economics - Econometrics
Pre-requisite: Economics 314

An elaboration of concepts, tools, and methods for estimating and testing economic models, especially simple linear models and associated inference.

403 Economics - Public Finance
Pre-requisites: ECON 201 and ECON 202

A study of government revenue and expenditure; taxation, spending, borrowing, budgeting, accounting and fiscal policy, emphasising the special considerations of the developing nations.

Credit: 3 credits/semester

405 Economics -Money and Banking
Pre-requisites: ECON 301 and 302

A study of national monetary and banking structures and policy; money and credit supply, kinds of local banks and other financial institutions and the central bank as well as international financial institutions.

Credit: 3 credits/Semester

406 Economics - International Economics
Pre-requisites: ECON 301 and ECON 302

A study of the Balance of Payments, the International Monetary System, the demand and supply of foreign exchange, regional economic integration, the theory of comparative costs, terms of trade import substitution and export promotion, emphasizing the special problems of the developing nations.

Credit: 3 credits/semester

411 Economics -Economics of Africa
Pre-requisites: ECON 301 and ECON 302

A study of past and present African economies, traditional subsistence economies and concepts; impact of colonialism; current African national patterns and regional association.

Credit: 3 credits/semester

415 Economics - Financial Institutions
Pre-requisites: ECON 201 and ECON 202

A study of national and international financial institutions; capital market, stock exchange, insurance companies national development corporations. Postal savings, credit unions, cooperatives, the World Bank, International Monetary Fund, International Development Banks and other international financial agencies, emphasizing the special problems of the developing nation.

Credit: 3 credits/semester

417 Economics - Advanced Macroeconomic Analysis
Pre-requisite: ECON 301

An advanced treatment of Input-Output and National Accounts; Macro and desegregated macroeconomic model building for short and medium-term problems; Theory of Economic Policy and Planning.

Credit: 3 credits/semester

418 Economics - Advanced Microeconomic Analysis
Pre-requisite: ECON 302

An advanced treatment of Microeconomics including price theory, theory of distribution, theory of capital and general equilibrium theory.

Credit: 3 credits/semester

419 Economics -Survey of the Liberian Economy
Pre-requisite: ECON 301 and ECON 302

Empirical socio-economic analysis of the features and problems of the Liberian economy: covering such aspects as population, national accounts, external trade, public finance, banking, prices, agriculture, industry, transport and communication. A study of the evolution, formulation and implementation of Development Plans of Liberia. The course includes regional cooperation and a general comparison of the features and problems of Liberia with those of the West African states.

Credit: 3 credits/semester

499 Economics - Directed Readings
Pre-requisite: as designated by the Chairman
and approved by the Dean.

A study in lieu of or in addition to required courses in economics for qualified students with individual interests and/or curriculum problems.

Credit: 3 credits/semester

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