Take Taking Charge of Your Economic Future online at your own pace

Discover the tools and skills necessary to plan for your financial future in this self-paced, online course. Take up to two Sophia courses at a time for just $79 a month.

  • ACE Credit®-recommended for 3.0 semester credits

  • 1314 students successfully completed

Course description

With every dollar you spend, save, or invest, you deserve to know that you are making the best financial decisions in today's economy. Knowing what drives the economy can help you understand all aspects of life, including jobs, income, consumer prices, trade, and overall prosperity. In Sophia's Taking Charge of Your Economic Future course, you will explore key concepts of economics and personal finance. You will learn how to reason with an economic mindset, use tools for financial analysis, and develop skills to plan for your future.

Assessments and grading

This is a pass/fail course. You must complete 12 Challenge assessments (these are like quizzes), 4 Milestone assessments (these are like tests), and 2 Touchstone assessments (these are written assignments) with an overall score of 70% or better. This course teaches spreadsheet skills for managing your finances using a Microsoft Excel template. To complete the course, you’ll need access to Excel. If you require a mobile app, search the App Store or Google Play for the free Excel download through Microsoft Office 365.

Learning outcomes

<p>By the end of the course, you'll be able to:</p> <ul><li>Explain economic factors that impact financial decisions.</li><li>Identify productivity strategies that allow you to reflect on priorities and adjust financial plans when necessary.</li><li>Explain the rationale for investing, saving, and borrowing money using information from a financial plan.</li><li>Align financial information to long-term goals and desired outcomes.</li><li>Apply strategies in agility that can help you adjust priorities if your financial plan is compromised.</li><li>Interpret visually communicated financial information.</li><li>Identify the necessary information and steps to conduct a financial analysis.</li></ul>

Start your free trial today

  • Take the first Challenge of any course
  • Go at your own pace
  • Access anytime, anywhere
  • Confirm your completed courses will transfer

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FAQ

Access the course content through the first Challenge of any of Sophia’s 30+ courses.

Check Sophia’s list of partner schools to see if your school is on the list. If not, contact your registrar to learn about your school’s transfer credit policy and if Sophia coursework can be submitted for transfer.

Sophia course completions do not expire and will be available to submit for transfer when you’re ready. At that time, check with your school’s registrar for their credit transfer policies.

If you’ve completed the first Challenge during your free trial, you can pick up right where you left off after you become a Sophia member.

Don’t worry. Your completed courses won’t disappear if you cancel your membership. Those courses will be there for you when you’re ready to submit for transfer.

If you have an education benefit through your employer, it may cover your subscription to Sophia. Check with your benefits administrator to find out if you qualify.

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An ACE® Credit-recommended learning pathway

Sophia’s ACE® Credit- and DEAC-recommended courses have been accepted for credit at hundreds of colleges and universities.

The American Council on Education's College Credit Recommendation Service (ACE® Credit) has evaluated and recommended college credit for 33 of Sophia's online courses for college credit. These courses are eligible to transfer to many different colleges and universities.

The DEAC is a national accrediting organization that evaluates distance education curriculum. The Council for Higher Education Accreditation and the U.S. Department of Education recognize the DEAC as a trusted distance education authority.