Course

Course Summary
Credit Type:
Course
ACE ID:
SOPH-0044
Organization's ID:
ECON1010
Organization:
Location:
Online
Length:
Self-paced. Students have up to 60 days to complete.
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 personal finance
Description

Objective:

The course objective is to explore key concepts of economics and personal finance. Students will learn how to reason with an economic mindset, use tools for financial analysis, and develop skills to plan for the future.

Learning Outcomes:

  • identify key critical thinking strategies that can be applied to draw conclusions about financial and economic matters
  • identify how economics impacts decision-making in personal and professional life
  • identify productivity strategies that allow you to reflect on priorities and adjust financial plans when necessary
  • explain the purpose of borrowing money, including benefits and drawbacks relating to your financial health
  • explain the rationale for investing and saving money using information from a financial plan
  • apply productivity strategies to your investment portfolio to break financial planning into smaller, organized steps
  • identify insurance as an essential element of a personal financial plan
  • identify the necessary information and steps to conduct a financial analysis.
  • analyze your personal finances regularly using spreadsheets, including charts, graphs, or other visuals
  • explain economic factors that impact financial decisions
  • identify taxes as an essential element of a personal financial plan
  • align financial information to long-term goals and desired outcomes
  • identify productivity strategies that can help you adjust priorities if your financial plan is compromised
  • interpret visually communicated financial information

General Topics:

  • What is economics
  • Basics of financial planning
  • Investing in your technology skills
  • Income and expenditures
  • Planning for taxes
  • Managing your money
  • Securing loans
  • Investing
  • Investment types
  • Insurance
  • Retirement and succession
  • Your financial identity
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Lectures

Methods of Assessment:

  • Quizzes
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from SOPHIA Learning, LLC

(SOPH-0006)
(SOPH-0029)