Pretty easy, overall.
In terms of transfer requirements, this course isn't required for mandatory transfer units so I wouldn't recommend it unless you are a heavy business major and/or doing it for fun.
The highlights of this course are the basic Economics terminology. Having taken Economics in high school prior to this course, the terminology was already somewhat familiar to me. I primarily learned the some new terminology and how it relates to real-life scenarios.
Hours per week:
Advice for students:
In all honesty, just take notes and study the vocabulary. Even just basic flashcards will help with the tests and the tests are open-note and open-book anyways so studying is not completely mandatory. However, the final exam is not open-note and open-book, so study for that in advance!