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Demonstrate an understanding of the basics of economics including micro-economic and macroeconomic foundations.

Upon successful completion of this course, students will be able to:

• Identify and define the study of economics including commonly used terms and key principles.

• Demonstrate an understanding of the basics of economics including micro-economic and macroeconomic foundations.

• Discuss the economic analysis, the function of the stock market, measuring GDP, market structure, and firm strategy.

• Analyze long-run economic growth, short-run economic fluctuations, and the importance of economic trends on the local, national, and global levels.

• Demonstrate proficiency with academic writing related to economics.

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