Dual Enrollment Economics Track

Illinois Tech’s economics track for high school dual-enrollment courses is designed for students to sequentially build their skills in finance, entrepreneurship, and economics. Students can take the courses below independently or as part of a sequence, but some courses have prerequisites. Check out the course descriptions below for more information about each course. 

Interested in partnering with Illinois Tech to offer this track to your school? Learn more about our dual-enrollment school partnership.

Economics Track

Courses can be taken online (livestream or recorded class sessions) or in-person, or a combination thereof.

Course
Type
Term
Description

ECON 151: Microeconomics
(Three Credits)

Online (livestream or recorded), in-person, or a combination thereof

Fall

This course develops and applies economic models to understand the behavior of firms and consumers in the marketplace. The course explores microeconomic concepts such as demand and supply, market structures and pricing, market efficiency, public goods, externalities, and equilibrium. Combining knowledge from microeconomics and game theory, students will study interactions among firms and consumers given a wide range of market conditions, regulatory regimes, and competitive landscapes.

ECON 423: Capital Investments
(Three Credits)

Online (livestream or recorded), in-person, or a combination thereof

Fall

This course explores the valuation of proposed capital investments in both the public and private sectors. Students will learn how to determine the relevant cash flows associated with a proposed capital investment. Then, they will subject these cash flows to analysis by three major decision models that incorporate time value of the following money concepts: net present value; equivalent uniform benefit/cost; and internal rate of return. Students will also learn how to incorporate income taxes, inflation, risk, and capital rationing in the analysis of a project.

ECON 152: Global Economics
(Three Credits)

Online (livestream or recorded), in-person, or a combination thereof

Spring

This course exposes students to the economic framework for understanding global macroeconomic events, foreseeing the evolution of macro variables, and applying this knowledge to professional decision-making. Students will use international case studies along with data about global indicators from the international business and economics media to provide different perspectives on monetary, fiscal, and public policy issues in the global marketplace. In addition, the course will explore macroeconomic concepts including inflation, unemployment, trade, gross domestic product, and economic growth and development.;

BUS 382: Business Economics
(Three Credits)

Online (livestream or recorded), in-person, or a combination thereof

Spring

This course focuses on the use of economic principles for business and managerial decision-making. The course aims to provide students with frameworks for studying business decisions that managers routinely face, as well as equip students with the tools necessary to better understand the ramifications of their choices. The course builds on concepts of microeconomics and the theories of industrial organization to deliver formal methods for analyzing business decisions. After reviewing consumer and producer theories, the course will delve into game theory, information economics, and the study of imperfectly competitive markets and then proceed to introduce students to business strategies that assist managers in earning and sustaining competitive advantages in the marketplace.

Deadline to apply for Spring: December 23, 2022

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