This course introduces economic analysis of individual, business, and industry choices in the market economy. Topics include the price mechanism, supply and demand, optimizing economic behavior, costs and revenue, market structures, factor markets, income distribution, market failure, and government intervention. Upon completion, students should be able to identify and evaluate consumer and business alternatives in order to efficiently achieve economic objectives. This course has been approved for transfer under the Comprehensive Articulation Agreement as a general education course in Social/Behavioral Sciences.

2014FA - Revised Local Prereq from RED 090 to DRE 098 and MAT 070 to DMA 030

2014FA - Identified Course as UGETC

2016FA - Revised Local Prereqs to DMA-060 and DRE-098; DMA-060 crosswalk for MAT 070 archived by the NCCCS.

2019SP - Revised Local Prereq: Add ENG 002 and MAT 003

2020FA - Revised Local Prereq: Delete DMA 030, DRE 098

2022FA - Removed Local Prereq ENG 002 and MAT 003