Course Description:
Discover the broad and general aspects of the economy as a whole in this foundation course and basic economic theories, principles and issues. Includes evaluation of the market system, an overview of the economy and its history and growth, savings and investment dynamics, aggregate demand and supply, public expenditures and deficits, the money and banking system, fiscal and monetary policy and selected current economic issues.
A basic knowledge of algebra is essential to understand economic relationships (functions, identities and equations) depicted in tables or graphs.
This course fully meets the General Education requirement in Social Sciences.
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