The primary focus of Introduction to Business is on understanding the basic economic and organizational principles underlying a market economy and how individuals in their roles as workers, citizens and consumers influence our economic life. The course particularly stresses the consumer role and includes sections on making wise buying decisions, using the banking system and credit, purchasing insurance, saving and investing, and establishing a financial plan.
In completing this course students apply the concepts they have learned to scenarios similar to those they might encounter in real life. For example, students present a plan on how to fund the repair of a local highway system, compare a brand-name-item to its generic equivalent, balance a checkbook, and compare the costs of insurance.
There are 8 examinations in Introduction to Business.
Dlabay, et al., Principles of Business, 8th edition, Cengage Learning.