ECON 1050 Economics and Society

3 Credit Hour(s)

Economics and Society is a study of economics and its relationship to other social sciences and current issues. Emphasis is on the major components of a nation’s economy as they relate to other social sciences like sociology, psychology, geography, and political science, along with other social institutions.
Student Learning Outcomes:
Upon successful completion of this course, students will be able to:

Explore the profundity and inescapability of “The Economics Problem” (unlimited needs and wants versus limited resources) and its dynamics.
Examine the power and capabilities of markets while recognizing successes, failures, results, and consequences.
Understand policy options, operations, and consequences, including opposing viewpoints.
Provide essential background for functioning, fitting, fulfilling roles, contributing, navigating, and improving the economy and society.

Prerequisite(s): Satisfactory completion of Learning Support Math, Reading, and Writing courses or appropriate entrance scores.