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Foundations of Economics (ECON 1200)
Total Credits:
3
Lecture Credits:
3
Description:
This introductory course empowers you to make sense of your economic world. Through class discussion, group projects, or writing assignments, you will refine economic life skills and explore socioeconomic issues. You will discover the secrets of consumer psychology, the mechanics of financial decisions and the art of budgeting for life. You will use simple but powerful tools to analyze how markets work, when they work well and when they fail. You will examine the United States economy, financial markets, government policies and international relations.
Topical Outline:
1. Personal Financial & Consumer Decision Making
2. Economic Interactions and Their Social Outcomes
3. The Big Picture: Managing the US Economy
Learning Outcomes:
1. Communicate effectively on economic issues and policies
2. Apply economic reasoning to personal decision making
3. Use economic tools to analyze economic problems
Prerequisites:
Placement into
READ 0200 or
ESOL 0052 or completion of
READ 0100 or
ESOL 0042
MnTC: