BAM 223
Principles of Economics
Online Course

BAM 223 Principles of Economics

3 Semester Units

Principles of Economics demonstrates the relevance of economics through real-world business examples. The first part of the course presents microeconomic analysis such as consumer behavior, market structure, firm strategy, and corporate governance. The latter part of the course provides a comprehensive coverage of macroeconomic models, theory and policy issues including GDP, payroll employment, long-run growth, and business cycles.

Course Objectives:

Upon successful completion of this course, students will be able to:

  • Identify and define the study of economics including commonly used terms and key principles.
  • Demonstrate an understanding of the basics of economics including microeconomic and macroeconomic foundations.
  • Discuss the economic analysis, the function of the stock market, measuring GDP, market structure, and firm strategy.
  • Analyze long-run economic growth, short-run economic fluctuations, and the importance of economic trends on the local, national, and global levels.
  • Demonstrate proficiency with academic writing related to economics.

If you are interested in taking this course, please explore a degree or certificate program below:

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