This course introduces the principles of microeconomics and macroeconomics that are useful for our understanding of the market economy, the banking and the financial system, government regulations, economic policies and the global economy. This course is designed for students who do not intend to pursue a business or economics degree and it does not satisfy the requirement at the College of Management or the major requirement for Bachelor of Science in Economics at Metropolitan State University.
- Students will be able to explain the basic economic concepts in microeconomics and recognize how supply and demand affect the market economy.
- Students will be able to analyze factors affecting consumer economics and personal finance.
- Students will be able to demonstrate knowledge in the U.S. economic and financial systems.
- Students will be able to demonstrate knowledge in fiscal and monetary policy, and their effects on the economy.
- Students will be able to analyze factors and economic policies affecting the international economic system.
Minnesota Transfer Curriculum
- Employ the methods and data that historians and social and behavioral scientists use to investigate the human condition.
- Examine social institutions and processes across a range of historical periods and cultures.
- Use and critique alternative explanatory systems or theories.
- Develop and communicate alternative explanations or solutions for contemporary social issues.