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Which classes to take together? ACC/FIN/ECON - Printable Version

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Which classes to take together? ACC/FIN/ECON - dcan - 08-10-2012

I'm planning to double up my class load at TESC for the September session, since various issues kept me from taking classes or testing out over the summer like I planned. I have to take the following four classes towards my degree, but I need to know which ones fit together the best.
  • Managerial Accounting
  • Finance
  • Microeconomics
  • Macroeconomics

My thought is to take Managerial Accounting and Microeconomics together first, then Finance and Macro together next, on the assumption they have the most overlap. But perhaps there is a better combination? Thanks in advance.

(Note: classes are free for me, and I'm interested in all of these topics and want to spend time learning economics, so I'm opting for classes)


Which classes to take together? ACC/FIN/ECON - Yenisei - 08-10-2012

The two that are closest to each other are actually Macro and Micro. Here's what I would do if I were you: Macro and Managerial Accounting and then Micro and Finance together. When I took these courses Macro was a prereq for Micro and Financial and Managerial Accounting for Finance.


Which classes to take together? ACC/FIN/ECON - dcan - 08-10-2012

Micro and Finance go together better than Macro? I figured Macro would fit better with Finance since both are dealing with bigger picture issues, while Micro would have overlap with Mgt Accounting dealing with cost controls and pricing. Hmm, I'll check it out. Thanks.

Edit: TESC doesn't require either macro or micro as prerequisite, just 3 credits in math. And according to both online syllabi the first 9 modules are virtually identical between the two, so much so they suggest just reviewing it rather than spending much time on it.

http://www2.tesc.edu/syllabus/current/ECO-111/syllabus_ECO-111.html

http://www2.tesc.edu/syllabus/current/ECO-112/syllabus_ECO-112.html


Which classes to take together? ACC/FIN/ECON - sanantone - 08-10-2012

I think micro and macro are closer together. They are just economics focused on different levels and they are also social sciences. My CC requires accounting as a prerequisite to financial management. I don't have experience with accounting or finance, but I would think that both of those are just straight numbers without really delving into the human factor.


Which classes to take together? ACC/FIN/ECON - Muricles - 08-10-2012

I believe Microeconomics and Macroeconomics are more closely related. Macroeconomics is the study of the economy as a whole and deals with national and global issues. Microeconomics studies decisions made at the household or business level. I recently completed Straighterline Macroeconomics and Microeconomics and there was about a 5-10% overlap in the material.

Managerial accounting analyzes corporate decision-making (e.g. resource and labor costs, information used by owners versus managers) from the standpoint of accounting/budgeting. Finance relates to investments, rates of return, and credit. Again, these two classes are related, but not as closely related as Macro and Micro. As a heads up, a finance class may require some level of college math whereas accounting will generally be limited to arithmetic.

However, in the end, any overlap in the classes won't save you much time in the grand scheme of things. The important part is finishing what you start...even if you've taken a loooong time to get to the finish line, like many of us.

By the way, I strongly suggest Straighterline for anyone looking for a cheap, self-paced alternative to Macro, Micro, and Accounting courses elsewhere. Dcan you're obviously are better off taking the classes since they're free (AWESOME!!!).


Which classes to take together? ACC/FIN/ECON - dcan - 08-12-2012

OK thanks everyone. I may take the two econs together this upcoming term.