In Business Essentials at Indiana University Bloomington in Bloomington, IN you can learn the same topics, transfer it and save tuition fees by a mile. This course, worth 3 transferable credits and approved by NCCRS, is designed to help students at Indiana University Bloomington gain practical skills and, preparing them for success in degree programs and real-world careers. Upon successful completion of the course, students will be able to: define and explain key economic concepts such as supply, demand, market equilibrium, and opportunity cost, assessing their impact on market dynamics; analyze consumer behavior and decision-making processes, evaluating production decisions and cost structures in different market structures; understand and critique macroeconomic policies, including fiscal and monetary policy, and their influence on economic stability and growth; examine the implications of trade policies on international relations and economic welfare, including the concept of comparative advantage in international trade; differentiate between various financial instruments and understand the functioning of financial markets, the role of financial intermediaries, and the impact of monetary policy on investment decisions; and assess the role of central banks and major international banking organizations in maintaining economic stability and promoting global financial health.