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Jul 01, 2025
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ECON 102 - Financial Literacy for Life
3 Hour(s)
Financial Literacy for Life is a survey course of economic principles critical to an individual’s financial well being. Topics include the need for budgeting and the sound use of credit to manage personal finances and how they relate to opportunity cost, economic resources, and the role supply and demand play in our marketplace today. This course examines the effects circular flow and the business cycle have on unemployment and inflation. The course also investigates consumer utility, price elasticity, the basic cost structure of a firm, and market structure. In addition, the course focuses on the principles of the Keynesian economics and how monetary and fiscal policy influences the functioning of the national economy. This course satisfies the social science requirements for the A.A.S. and A.G.S. degree. However, students whose GCCC programs or transfer plans require them to take either ECON 111 or ECON 112 should not enroll in this course.
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