If you complete this course and do well, you will be able to:

  1. Describe the foundation of current economic thought and identify basic economic issues (recession, inflation, unemployment, and income distribution) facing US economy
  2. Analyze economic issues using analytical tools such as aggregate supply and aggregate demand, circular flows and business cycle to evaluate decisions made by US economy
  3. Demonstrate proficiency in using mathematics, statistics, graphs and verbal analysis to analyze current domestic and international economic topics
  4. Critically evaluate and describe the performance of the American economic system
  5. Describe how US economy achieves equilibrium in the short run and long run
  6. Articulate and evaluate the importance of Federal Reserve System, fiscal and monetary policies on domestic and global economy
  7. Discuss the importance of international trade and its impact on the domestic economy using comparative and absolute advantage, tariffs, and exchange rates
  8. Develop competencies in critical thinking skills to take higher level economics courses at four-year institutions
  9. Recognize the role of economics in a well-informed citizen in the community.