ECN-1200 - Introduction to Economics* (B) (3) Prerequisite: MTH-1010 or higher; and Reading and Writing Placement; or ENG-0900 and RDG-0800; or take one of the following: IRW-0900A , IRW-0900B , or IRW-0900C This course is an introduction to the discipline of economics. The basic terminology, concepts, principles, models and its philosophic, historic and political origins are explored and applied to help understand current issues. This course is for the non-accounting, non-business student. This course satisfies the General Education Social/Behavioral Science requirement.
List Course Outcomes (consistent for all sections) CO1 - Explain the connection between opportunity costs and the economic problem of satisfying unlimited wants given scarce resources
CO2 - Apply the Demand and Supply Model to demonstrate the process of reaching market equilibrium
CO3 - Calculate and interpret the main measures of macroeconomic performance (GDP, Unemployment, and Inflation)
CO4 - Examine the role of government in the economy
CO5 - Analyze current public policy issues in the news using economic theory.
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