Economics
Credits: 3
Course Number: 10-809-195
Course Description
10-809-195 ECONOMICS ...This course is designed to give an overview of how a market-oriented economic system operates, and it surveys the factors which influence national economic policy. Basic concepts and analyses are illustrated by reference to a variety of contemporary problems and public policy issues. Concepts include scarcity, resources, alternative economic systems, growth, supply and demand, monetary and fiscal policy, inflation, unemployment and global economic issues. (Prerequisite: Next Gen Rdg score greater/equal to 250 AND Writing score greater/equal to 237; OR ACT Rdg score greater/equal to 16 AND English greater/equal to 15; OR 10-831-107, College Reading and Writing with a B or better.)
Course Typically Offered
Most NWTC classes are offered in 8-week sessions. Learn more about how our class schedule can help you succeed.
Credit for Prior Learning
How can I use this course to achieve my career goals?
This course is associated with the following programs:
What will I learn?
- Develop a framework of economic decision making
- Apply supply and demand analysis
- Analyze market failures within a capitalistic system
- Compare and contrast market structures
- Measure macroeconomic performance
- Analyze fiscal policy
- Analyze monetary policy
- Assess the impact of the globalization of economies