An NMC instructor pointing to a graph on a blackboard

Economics

The most basic and enduring strength of economics is that it provides a logical and orderly way of analyzing contemporary economic issues.

It draws upon geography, history, philosophy, and mathematics to address topics ranging from how an individual, household or firm, can make rational decisions regarding spending, saving, investment and profits to how a society can make optimal decisions regarding economic growth, inflation, unemployment, trade, and environment.

As a result, economics is widely recognized as a solid background for many jobs and professions in the private and public sectors.

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Course Descriptions

Program Requirements

NMC Code 712

Students interested in this field of study will select courses from among those listed here

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Tuition and Fees

General Academic Programs
Residency Status	Tuition Rate
In-District ( Grand Traverse County residents) Tuition	$126.00 per contact hour
In-State ( other Michigan counties) Tuition	$269.00 per contact hour
Out-of-state Tuition	$350.00 per contact hour
International Tuition	$394.00 per contact hour
General Fee for all residencies: Other fee of $34.00 per contact hour is a general fee covering a portion of costs for technology, orientation, placement, career testing, Student Government Association, and other student service activities.	$34.00 per contact hour

Cost of Attendance

General Academic Programs Annual (Fall/Spring) Cost
Costs	In-District	In-State	Out-of-State	International
Tuition and Fees	$ 5,860	$10,722	$13,476	$14,972
Books, Course Materials, Supplies and Equipment	$300	$300	$300	$300
Living Expenses: On-Campus Housing and Food	$10,600	$10,600	$10,600	$10,600
Transportation	$1,000	$2,000	$3,000	$3,000
Miscellaneous Personal Expenses	$500	$500	$500	$500
Federal Student Loan Fees	$120	$120	$120	$120
	$18,380	$24,242	$27,996	$29,492

Note: For more information on how COA component estimates are calculated, see the bottom of the Tuition and Fees page.

Enrolled students can find their own calculated Cost of Attendance in NMC Self-Service under Financial Aid. Others can use the Net Price Calculator to estimate the total annual cost of attending NMC based on their program and enrollment plans, along with financial aid eligibility.