INST 116 Consumer Economics
Consumer economics is a broad field principally concerned with microeconomic analysis behavior in units of consumers, families, or individuals. This course prepares students to understand the values, needs, wants, goals, and resources that enable people to make wise decisions that contribute to a family's financial stability and improve the quality of life. Financial resource management, including consumer rights and responsibilities, family financial planning, and policy analysis will be discussed. Students will gain knowledge to familiarize them with community involvement and service, sociology of the local, state and
national community, civic pride, diversity, interpersonal skill development, speech and small group discussion, and economics: mortgage, insurance, finances, goal-setting, savings, installment purchasing, budgeting, price comparison shopping, advertising, consumer credit legislation, consumer rights and responsibilities, and other life skills.