BUS304: Principles of Economics

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

Description

Principles of Economics delves deep into the intricate workings of economic systems in the modern world. Through this course, students gain insights into diverse topics, from societal economic challenges to the motivations behind individual economic behaviors. Drawing from a multifaceted research base—including economics, history, sociology, psychology, and political science—students are equipped with analytical tools to dissect and understand the multifarious institutions, processes, and phenomena that shape economic landscapes.

Key areas of study include:

Supply, Demand & Market Equilibrium
Macroeconomic Indicators & Policies
International Trade & Finance
Market Structures & Competition
Public Goods & Externalities
Money, Banking & Financial Markets
Economic Growth & Development
...and more.

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 Affairs Counselors 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

Available Payment Options & Financing

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

In BUS-304, students learn basic economic tools and topics within the context of real-world issues. They see how economic issues are resolved nationally and globally with the course's unrivaled visual learning support, applications, and review. The latest updates introduce economic careers and the changing economic character of the U.S. Students examine pressing topics, such as federal deficit and national debt, income levels and fair pay for females, social networking, and gas prices.

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.
Explain the concepts of scarcity and opportunity cost and how they relate to the definition of economics.

Ch 1: Introducing the Economic Way of Thinking
Ch 2: Production Possibilities, Opportunity Cost
Ch 3: Market Demand and Supply
Ch 4: Markets in Action
Ch 5: Price Elasticity of Demand
Ch 6: Production Costs
Ch 7: Perfect Competition
Ch 8: Monopoly
Ch 9: Monopolistic Competition and Oligopoly
Ch 10: Labor Markets and Income Distribution
Ch 11: Gross Domestic Product
Ch 12: Business Cycles and Unemployment
Ch 13: Inflation
Ch 14: Aggregate Demand and Supply
Ch 15: Fiscal Policy
Ch 16: The Public Sector
Ch 17: Federal Deficits, Surpluses, Debt
Ch 18: Money, the Federal Reserve System
Ch 19: Money Creation
Ch 20: Monetary Policy
Ch 21: International Trade and Finance
Ch 22: Economies in Transition
Ch 23: Growth & Less-Developed Countries

Grading Scale

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

Grade Weighting

Chapter Quizzes.................50%
Activities............................20%
Final Exam..........................30%
100%

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.

BUS304: Principles of Economics