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This is the first half of the principles of economics sequence. In this course, students will explore the basic concepts of scarcity and opportunity cost along with supply and demand. We will examine the measurement inflation, unemployment, output, national income, and economic growth and model their determination using an aggregate supply/aggregate demand (AS/AD) framework. We will discuss both the role and creation of money and examine the tools of fiscal and monetary policy. The title of this course was previously Principles of Economics I. Level I Prerequisite: Academic Reading and Writing Levels of 6; Academic Math Level 3
Level I Prereq: Academic Reading and Writing Levels of 6; Academic Math Level 3
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Please refer to the course schedule to see the specific time and platform for which the course is offered. |
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| Description | Hours |
|---|---|
| Credits | 3 |
| Lecture Hours | 45 |
| Clinical Hours | 0 |
| Lab Hours | 0 |
| Other Hours | 0 |
| Total Hours | 45 |
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