Description: Overview of a market economy; analysis of supply and demand; using graphical techniques; consumer behavior; production and costs; determination of prices in various product and resource markets; causes and consequences of income distribution, international economics. Letter grade only.
Sections offered: Fall 2020 Winter 2020 Spring 2021
Requirement Designation: Social and Political Worlds
Liberal Studies Essential Skills: Critical Thinking
Prerequisite: ((MAT 108 or MAT 114 or STA 270 with a grade of C or better) or (Math Placement Test Results MTHPLACE 40+; ALEKS 40+; PLACE 46+))