To view LCCC credit course descriptions, please select your area of interest below:
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Course |
Credit Hours (Contact Hours) |
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ECNM
111
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BASIC CONCEPTS
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2
(2) |
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Fundamental terminology, concepts and analysis. Economic factors relating to production, income, employment, and inflation. Price determination and functions. Applications to current domestic and international economic problems. Not open to students with credit for ECNM 151 or 152.
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ECNM
112
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PERSONAL FINANCE
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2
(2) |
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An analysis of consumer choice in our economic system. Topics covered include: money management; budgeting, saving and borrowing; buying food, clothing, housing and transportation; insurance and investments; taxes, and estate planning.
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ECNM
151
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MACROECONOMICS
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3
(3) |
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National income analysis, employment theory, inflation, business cycle, fiscal policy, American economic growth. Money, role of money, the institutions and functions of the American banking system, monetary policy. Introduction to American capitalism; basic economic concepts including elementary demand-supply and price system analysis. Core Course (C4, IN1)
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ECNM
152
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MICROECONOMICS
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3
(3) |
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Price determination in various product and resource markets; demand-supply, elasticity, profit maximization and general cost analysis. Current domestic economic problems and policies. International economics; history, institutions, and theory of international trade, foreign exchange, balance of payments; the underdeveloped countries. Core Course (C4, IN1)
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