Course

Course Summary
Credit Type:
Course
ACE ID:
CFTA-0008
Organization's ID:
A195
Organization:
Center for Financial Training
Location:
Online
Length:
11 weeks (58.7 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 introduction to economics
Description

Objective:

The course objective is to provide students with an understanding of all phases of the history, development and application of macroeconomic principles with emphasis on national income, analysis and theory, monetary and fiscal policy, stabilization policy, economic growth and development, and public finance.

Learning Outcomes:

  • define the term economics
  • understand the role of economic theory and economic perspective
  • distinguish between micro and macroeconomics
  • demonstrate an understanding of the market system and its impact on the allocation of resources
  • define market equilibrium
  • describe the business cycle and indicate the impact of inflation and unemployment on the economy
  • explain the background for the development of fiscal policy and the application of fiscal policy as a tool for economic problem solving
  • explain the use of monetary policy in modern day economic problem solving
  • explain the expanding role of the United States in the international economy

General Topics:

  • Limits, alternatives and choices
  • The market system and circular flow
  • Demand, supply and market equilibrium
  • Public goods and externalities
  • GDP and economic growth
  • Business cycles, unemployment, and inflation
  • Fiscal policy, deficits, and debt
  • Aggregate demand and aggregate supply
  • Money and banking
  • Interest rates and monetary policy
  • Long run aggregate supply and demand
  • International trade and exchange rates
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Discussion
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Assignments, Discussion Questions

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from Center for Financial Training

Accounting
(CFTA-0005)
Analyzing Financial Statements
(CFTA-0002)
Business Communication
(CFTA-0003)
Business Math
(CFTA-0018)
Commercial Lending
(CFTA-0006)
Consumer Lending
(CFTA-0007)
Financial Accounting
(CFTA-0022)
Human Relations
(CFTA-0009)
Human Resource Management
(CFTA-0025)
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