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Credits: 3
Course Number: 10-809-195

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Course Description

10-809-195 ECONOMICS ...This course is designed to give an overview of how a market-oriented economic system operates, and it surveys the factors which influence national economic policy. Basic concepts and analyses are illustrated by reference to a variety of contemporary problems and public policy issues. Concepts include scarcity, resources, alternative economic systems, growth, supply and demand, monetary and fiscal policy, inflation, unemployment and global economic issues. (Prerequisite: Next Gen Rdg score greater/equal to 250 AND Writing score greater/equal to 237; OR ACT Rdg score greater/equal to 16 AND English greater/equal to 15; OR 10-831-107, College Reading and Writing with a B or better.)

Course Typically Offered

  • Summer
  • Fall
  • Spring

Most NWTC classes are offered in 8-week sessions. Learn more about how our class schedule can help you succeed.

Credit for Prior Learning

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What will I learn?

  1. Develop a framework of economic decision making
  2. Apply supply and demand analysis
  3. Analyze market failures within a capitalistic system
  4. Compare and contrast market structures
  5. Measure macroeconomic performance
  6. Analyze fiscal policy
  7. Analyze monetary policy
  8. Assess the impact of the globalization of economies