ECON 100 PRINCIPLES OF MACRO ECONOMICS (C-ID ECON 202)Units (Grade Option) 3; Class Hours: Minimum of 48 lecture hours/semester; Recommended: Eligibility for READ 836 and ENGL 836; or ENGL 847 or ESL 400; Prerequisite(s): MATH 110 or 112, or appropriate score on District math placement test and other measures as appropriate that indicate proficiency in Elementary Algebra.
Description: Introduction to the American macroeconomic system and its effects on social, cultural and political environments by focusing on aggregate economic analysis. The course begins with a study of allocation mechanisms for scarce resources, later developing the analytical tools of supply and demand. After studying this model, the course defines, examines and critiques aggregate measures of economic activity such as GDP, unemployment and labor participation rates and price indices. Additionally, the course examines macroeconomic equilibrium, money and financial institutions, The Federal Reserve, the role of saving, monetary and fiscal policy short run (Keynesian) stabilization policy, international economics, as well the Classical model’s study of long run economic growth. Transfer: CSU: DSI, UC. (IGETC: 4)
ECON 102 PRINCIPLES OF MICRO ECONOMICS (C-ID ECON 201)Units (Grade Option) 3; Class Hours: Minimum of 48 lecture hours/semester; Recommended: Eligibility for READ 836 and ENGL 836; or ENGL 847 or ESL 400; Prerequisite(s): MATH 110 or 112, or appropriate score on District math placement test and other measures as appropriate that indicate proficiency in Elementary Algebra.
Description: This course focuses on choices of individual economic decision makers within the framework of supply and demand. Topics include: scarcity, marginality, specialization and trade, market equilibrium, elasticity, factor markets, trade, market failure and externalities. Pricing and output decisions under competitive, imperfectly competitive, and monopolistic markets are discussed. Profit maximization and loss minimization strategies for the individual firm are analyzed. Comparative economic systems are also examined. Transfer: CSU: DSI, UC. (IGETC: 4)
ECON 230 ECONOMIC HISTORY OF THE UNITED STATESUnits (Grade Option) 3; Class Hours: Minimum of 48 lecture hours/semester; Prerequisite(s): Completion of or concurrent enrollment in ECON 100 or 102; ENGL 836 or 847 or ESL 400 OR eligibility for ENGL 100 on approved college English Placement Test and other measures as necessary AND READ 836 or ESL 400 with Credit or a grade of "C" or better OR eligibility for 400-level Reading courses on approved college Reading Placement Test and other measures as necessary.
Description: An advanced discussion and analysis of the development of the American economy from 1860 to the present time. Economics concepts include, opportunity cost, moral hazard, monetary theory and policy, fiscal theory and policy. Topics studied are industrial growth, land and resource use, role of immigration and various ethnic and cultural groups, the transportation revolution, Great Depression and Great Moderation, development of money and banking, trade patterns, organized labor, agriculture, and America in the world economy. (Fulfills Associate Degree Ethnic Studies requirement.). Transfer: CSU: DUS-1 & DSI, UC. (IGETC: 4)