Credits: 3.00Catalog #20809212
This course provides an introduction to basic economic principles with applications to current economic problems affecting individuals and businesses. The course begins with an in-depth analysis of the role of markets and prices in an economy, with emphasis on when markets work well and when they fail to yield the best outcome for the society. Topics include how individuals choose to best use their limited resources; the causes and consequences of poverty and the distribution of income and wealth; the behavior of businesses in setting prices and production levels; problems of monopoly power; wage determination in labor markets; and the economics of environmental challenges. This course is designed to meet the need for college transfer credit.
Enrollment Requirements: Prerequisite(s): Compass reading score of 65 or higher or a B/C or better in Academic Reading 6 -AND- Pre-algebra score of 30 or higher; or B/C or better in Basic Algebra, 74-854-793,or higher level math courses with a minimum grade of C.
last updated: 07:02:40 AM Sep 21 2014
Students have until the day before the class starts to register for online, accelerated and short-term classes. After that point, students must obtain permission from the instructor to register and will have until the last date to enroll to use the permission granted to register. For all other classes, students have until the last date to enroll if seats are available.
This is a list of classes scheduled at various Madison Area Technical College locations. For complete, up-to-date information - including availability - please search for classes through myMadisonCollege.