ECON105

Students will understand how a market economy operates using the fundamental principles of supply and demand. They will be able to relate the significance of unemployment, inflation and other indicators to our nation's economy. They will be able to explain the effects of monetary and fiscal policy and the impact of foreign trade on the phenomenon of economic growth(Prerequisites: MATH-012 or MATH-015 or satisfactory completion of the College's foundational studies requirement in computation, READ-092 or READ-095 or satisfactory completion of the College's foundational studies requirement in reading, and ENGL-095 or satisfactory completion of the College's foundational studies requirement in writing)