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Institution:
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Harcum College
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Subject:
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Business
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Description:
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This course introduces principles of economics pertaining to national and global entities. The general workings of the US economy as one unit are studied and compared especially with respect to the foreign markets and global trade. The topics include: Price analysis, income distribution, foreign trade, comparative economic systems, public utilities, transportation, and agriculture. Concepts of public policy; rational consumption; total and marginal utilities and elasticity; perfect competition, monopoly and oligopoly; wealth creation; famine and poverty are analyzed and discussed. A student should be able to identify and explain these topics upon successful completion of the course.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(610) 525-4100
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Regional Accreditation:
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Middle States Association of Colleges and Schools
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Calendar System:
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Semester
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