Mar 29, 2024  
NIACC Catalog 2022-2023 
    
NIACC Catalog 2022-2023 [ARCHIVED CATALOG]

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ECN - 110 Introduction to Economics


(3 s.h.)

An introductory study of how people use scarce resources to satisfy their many material wants and needs. The general concepts include scarcity, supply and demand, and the structure and function of a market economy. Microeconomic concepts include decision making by consumers and producers in competitive and monopolized product and labor markets. Macroeconomic concepts include business cycles, aggregate supply and demand, fiscal policy, economic growth, money and banking systems, and monetary policy. This course cannot be transferred as barrier credit.

Lecture Hours: 45
Lab Hours: 0
Clinical Hours: 0
Work Experience Hours: 0



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