This section is and eight week course taught by Northern Virginia Community College using Blackboard via the Internet. Proctored testing is required. Students must have regular access to a computer and the Internet to successfully complete this course. There will be two distance learning orientation sessions - one from 5-6 pm in room 100 on (Wednesday) January 8, 2014 at the Historic Triangle Campus and the second held on (Thursday) January 9, 2014, from 5-6pm in the Mary Christian Auditorium on the Hampton Campus. If you cannot attend the orientation session there is an online orientation located at: http://www.tncc.edu/blackboard/orientation.htm. Please contact the instructor for more details: http://tncc.edu/directory.
(3 credits) Prerequisite(s): ENF 1 or ENF 2 and (competency in Math Essentials units 1-5 or MTH 120 or MTH 103) as demonstrated through the placement and diagnostics tests or equivalent. Introduces the basic concepts of microeconomics. Explores the free market concepts with coverage of economic models and graphs, scarcity and choices, supply and demand, elasticities, marginal benefits and costs, profits, and production and distribution. Lecture 3 hours per week.