MFTC 204 - Economics

This course helps students understand economic news and the market economy by reviewing the forces that influence it in America. Areas discussed include: the business cycle, business enterprises as profit seekers, consumer supply and demand, the Federal Reserve and money supply, the stock market, economic measures (GNP, unemployment, wholesale and consumer price indexes), inflation, investment, balance of payments, value of the dollar, taxes and the role of government, and international economic interdependence.
3 credits
Prerequisite: MFTC 097-Elements of Algebra or MFTC 099-Introduction to Algebra or placement into MFTC 114-College Algebra