BUS-103: Economics

Credits: 3 Credits (126 Clock Hours)
Self-paced: 4-month completion deadline.
Daily Starts

Description

This course explores basic economic principles and their relation to the world around us. Students explore the principles of supply and demand, capital and labor, and the relationship between government and business. Students also review the role of public policy, the national economy, fiscal policy, money, and the banking system. The course will present many interesting facts and thought-provoking questions which shed light on the day to day impact of economics in business and career planning.

Subjects Include:

Basic Economic Theory
Private & Public Sectors
The Demand Curve
Market Forces
Market Structure
Market Institutions
Business Organization
Financial Markets

Enroll Anytime

Students can enroll at Washington Technical Institute any time of the year. Open enrollment allows students the ability to start straining for a new career without waiting for a traditional semester to begin.

Self-Paced Courses

Every course at WTI is self-paced, allowing students to spend the time they need to master each lesson. Students have the flexibility to plan and adjust lessons to fit their schedule.

Accredited by MSA-CESS

Washington Technical Institute is regionally accredited as a postsecondary institution by the Middle States Association Colleges & Schools.

Login At Your Convenience

Courses are self-paced and supported by qualified faculty. Students work on their reading, assignments, and quizzes on their own time. This flexibility allows students to study while navigating the rest of their busy lives. Our courses and programs have completion deadlines, but beyond that, students can complete the work on their own schedule. Instructors are always available for questions and support. Students are not required to attend any scheduled class meetings.

Features

Interactive Online Learning that Fits Your Schedule

Washington Technical Institute understands that you have a busy schedule and that you are looking for a school that will fit into your lifestyle. Our virtual classroom helps you fit your education into your life. Our synchronous sessions are designed to help provide additional instructor-led activities and interactions to help with some of the more complex topics. No need to worry, though…if you miss a session, they are all recorded! You can connect with your instructor on questions you have at any time.

Check out the video below for a walkthrough of our learning management system!

Program Starts

This program starts every day which means you do not have to wait to get started on your education!

Technology Requirements

Students will need to have access to the internet as well as a computer or Chromebook to complete this class. Using a tablet, or phone will not be possible for this program given the nature of the material.

Tuition

Ask Our Student Student Services Staff About Special Tuition Options
Call Today 1-800-371-5581

Tuition Includes:

24/7 Access to WTI Interactive Online Classroom
Hands-on Instruction by qualified attorney professors
Audio Lectures (downloadable)
Westlaw or Lois Law Training
Lifetime Career Development Guidance
No Interest Installment Plans

Total Tuition: $599

Available Payment Options & Financing

Full Payment: $599
Payment Plan: $299.50 over 2 payments

Certain restrictions apply for students who pay for tuition via a third party, such as WIA, Vocational Rehabilitation, MyCAA and other funding sources. Please see the Financial Assistance page for details and other information

Curriculum

BUS-103 Economics takes a "just-in-time" approach to explaining the principles of Economics and introduces material just as it is needed to develop an argument. Clear and interesting exposition combines with case studies, recent research findings, and a focused design.

Course Objectives:

Throughout the course, you will meet the following goals:

Understand core economic principles and how they apply to real-world issues.
Explain theoretical and applied tools necessary to critique and create economic research.
Evaluate the consequences of economic activities for individual and social welfare.
Identify major economic characteristics of selected world regions.

Ch 1: The Art and Science of Economic Analysis
Ch 2: Some Tools of Economic Analysis
Ch 3: Economic Decision Makers
Ch 4: Demand, Supply, and Markets
Ch 5: Elasticity of Demand and Supply
Ch 6: Consumer Choice and Demand
Ch 7: Production and Cost in the Firm
Ch 8: Perfect Competition
Ch 9: Monopoly
Ch 10: Monopolistic Competition and Oligopoly
Ch 11: Resource Markets
Ch 12: Labor Markets and Labor Unions
Ch 13: Capital, Interest, and Entrepreneurship
Ch 14: Transaction Costs/Behavioral Economics
Ch 15: Economic Regulation and Antitrust Policy
Ch 16: Public Goods and Public Choice
Ch 17: Externalities and the Environment
Ch 18: Poverty and Redistribution
Ch 19: Introduction to Macroeconomics
Ch 20: Tracking the U. S. Economy
Ch 21: Unemployment and Inflation
Ch 22: U.S. Productivity and Growth
Ch 23: Aggregate Demand
Ch 24: Aggregate Supply
Ch 25: Fiscal Policy
Ch 26: Federal Budgets and Public Policy
Ch 27: Money and the Financial System
Ch 28: Banking and the Money Supply
Ch 29: Monetary Theory and Policy
Ch 30: Policy Debate: Active or Passive?
Ch 31: International Trade
Ch 32: International Finance
Ch 33: Economic Development

Grading Scale

A = 95-100%
B = 88-94.9%
C = 80-87.9%
D = 70-79.9%
F = Below 70%

Grade Weighting

Chapter Quizzes.................70%
Final Exam..........................30%

Get Started Today!

Advance your education with an accredited certificate program from Washington Technical Institute (WTI). WTI is Regionally accredited by the Middle States Association CESS, and licensed by the Minnesota Office of Higher Education as an institution of higher learning.

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Get More Information

Washington Technical Institute is Regionally accredited by the Middle States Association CESS, and licensed by the Minnesota Office of Higher Education as an institution of higher learning.

BUS-103: Economics