Economics I (BUS121)
Issued by
Penn Foster
The course objective is to provide an overview of macroeconomics and the modern market economy. Law of supply and demand, the cost of living, monetary systems, international factors, and short-run economic fluctuations will be examined and discussed.
- Type Validation
- Level Foundational
- Time Months
Skills
Earning Criteria
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The methods of assessment include quizzes, examinations, written papers, and a comprehensive final exam with a minimum passing score of 70 percent.
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The methods of instruction include a textbook and digital study guide. The general course topics include introduction to economics and the economy; GDP, growth, and instability; macroeconomic models and fiscal policy; money, banking, and monetary policy; and extensions and issues, and international economics.