Department of Business, Government and Society
Business, Government, and Society: BGS
Lower-Division Courses
BGS 301H. Microeconomics: Honors.
Restricted to students admitted to the McCombs School of Business Honors Program. Examines theories of consumer and business behavior in the market economy. Includes the study of demand and supply, optimal consumption choice with respect to budget constraints, producer costs and output decisions, demand for labor and other inputs, and economic outcomes under product demand structures ranging from perfect competition to pure monopoly. Three lecture hours a week for one semester.
BGS 302H. Macroeconomics: Honors.
Restricted to students admitted to the McCombs School of Business Honors Program. Introduction to macroeconomics. Studies the behavior of the aggregate economy; includes gross domestic product, consumption, savings, investment, unemployment, inflation, the role of the monetary system, the role of taxes, government spending and fiscal policy, the national debt, and international trade. Three lecture hours a week for one semester. Prerequisite: Business, Government, and Society 301H or Economics 304K with a grade of at least C-.
Upper-Division Courses
BGS 321H. Economics of Strategic Behavior.
Restricted to students admitted to the McCombs School of Business Honors Program. Designed to develop a student's ability to apply game theory and related concepts to business decision making. Examines the application of game theory to pricing and product strategy, capacity choices, contracting and negotiating, takeover strategy, organizational structure, trade policies, and litigation and regulation strategy. Three lecture hours a week for one semester. Prerequisite: Business, Government, and Society 302H or Economics 304L with a grade of at least C-.
BGS 322H. Strategic Management of the Nonmarket Environment: Honors.
Restricted to students admitted to the McCombs School of Business Honors Program. Studies the regulations and norms governing a firm's market behavior and examines a set of frameworks and tools that assist managers in non-market analysis and strategy development. Three lecture hours a week for one semester. Prerequisite: Business, Government, and Society 302H or Economics 304L with a grade of at least C-.
BGS 325. Social and Ethical Responsibility of Business.
Restricted to students in a business major. Examines ethical aspects of the decision-making processes of managers and employees. Also explores responsibility of firms to society and other constituencies. Three lecture hours a week for one semester.
BGS 370. Topics in Business, Government, and Society.
Restricted to students in a business major. Three lecture hours a week for one semester. May be repeated for credit when the topics vary. Prerequisite: Varies with the topic.
Topic 1: Energy Technology and Policy. Designed to give students an understanding of the broad context of energy production and consumption in the U.S. and the world. Discusses past energy trends and fundamentals of energy and power, including fossil fuels and renewable energy sources and technologies. Explores different energy resources, environmental impacts, and societal uses of energy, and concludes with an evaluation of future energy technology options.
Legal Environment of Business: LEB
Upper-Division Courses
LEB 320F. Foundations of the Legal Environment of Business.
Not open to law students. Introduction to the legal problems confronting businesses in the global environment. Three lecture hours a week for one semester. May not be counted toward the Bachelor of Business Administration degree. Prerequisite: Upper-division standing.
LEB 323. Business Law and Ethics.
Restricted to students in a business major. Role of law in society; introduction to legal reasoning, dispute resolution, judicial process, constitutional law, agency, torts, government regulations; business ethics; study of contracts. Three lecture hours a week for one semester. Legal Environment of Business 323 and 323H may not both be counted. Prerequisite: Credit or registration for Business Administration 324 or 324H.
LEB 323H. Business Law and Ethics: Honors.
Restricted to students admitted to the McCombs School of Business Honors Program. Role of law in society; introduction to legal reasoning, dispute resolution, judicial process, constitutional law, agency, torts, government regulations; business ethics; study of contracts. Three lecture hours a week for one semester. Legal Environment of Business 323 and 323H may not both be counted. Prerequisite: Ninety semester hours of college coursework, Accounting 312 or 312H, and credit or registration for Business Administration 324 or 324H.
LEB 140S, 240S, 340S, 440S, 540S, 640S, 740S, 840S, 940S. Topics in the Legal Environment of Business.
This course is used to record credit the student earns while enrolled at another institution in a program administered by the University's Study Abroad Office or by the school's BBA Exchange Programs. Credit is recorded as assigned by the study abroad adviser in the Department of Information, Risk, and Operations Management. University credit is awarded for work in an exchange program; it may be counted as coursework taken in residence. May be repeated for credit when the topics vary.
LEB 361. Law of Business Organizations.
Restricted to students in a business major. Study of basic legal principles of business organizations and operations, including practical comparison and assessment of advantages and disadvantages of different types of organization. Three lecture hours a week for one semester. Prerequisite: Legal Environment of Business 323 or 323H.
LEB 363. Real Estate Law.
Restricted to students in a business major. Law pertaining to estates and interests in land, conveyances and mortgages, brokers, easements, contracts, default and foreclosure. Three lecture hours a week for one semester. Prerequisite: Legal Environment of Business 323 or 323H, or consent of instructor.
LEB 366. Commercial Transactions.
Restricted to students in a business major. Applied business transactions, with emphasis on the Uniform Commercial Code; emphasis on bailments, sales of goods, commercial paper, bank-customer relationships, creditor security devices, and bankruptcy. Three lecture hours a week for one semester. Prerequisite: Legal Environment of Business 323 or 323H.
LEB 370. Topics in the Legal Environment of Business.
Restricted to students in a business major. Selected topics on legal constraints affecting managerial decision making and business behavior. Three lecture hours a week for one semester. May be repeated for credit when the topics vary. Prerequisite: Legal Environment of Business 323 or 323H with a grade of at least C-.
Topic 1: Antitrust Law.
Topic 2: Environmental Law.
Topic 3: Employer-Employee Relations.
Topic 4: Social and Ethical Responsibilities of Business.
Topic 5: The Law and the Multinational Corporation.
Topic 6: Law of the Entertainment Business.
Topic 7: Business Torts.
Topic 8: Constitutional Issues in Business.
Topic 9: Business Dispute Resolution.
Topic 10: Intellectual Property.
Topic 11: Sports, Sports Management, and Entertainment Law. Survey of the law as it relates to amateur and professional sports and sports management. Includes an entertainment law component that examines the legal aspects of the film industry.
Topic 12: Law of the European Union. Introduction to the rapidly evolving law of the European Union, with particular emphasis on business applications and comparisons to American law.
LEB 179, 379. Problems in the Legal Environment of Business.
Restricted to students in a business major. Conference course. Only two of the following may be counted toward the Bachelor of Business Administration: Accounting 179C, 379C, Finance 179C, 379C, International Business 179C, 379C, Legal Environment of Business 179, 379, Management 179C, 379C, Management Information Systems 179, 379, Marketing 179C, 379C, Operations Management 179, 379, Real Estate 179C, 379C, Risk Management 179, 379. Prerequisite: Eighteen semester hours of coursework in business and economics, six of which must be upper-division; Legal Environment of Business 323 or 323H with a grade of at least C-; and consent of instructor. A student registering for this course must obtain written approval from the department chair's office, on forms provided for that purpose, before the first meeting of the course.