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Economics

Economics (ECON) Courses

ECON 302 Principles of Macroeconomics

  • Units:3
  • Hours:54 hours LEC
  • Prerequisite:MATH 120 with a grade of "C" or better, or placement through the assessment process.; or one full year of High School Algebra II with grades of "C" or better in each semester.
  • Transferable:CSU; UC
  • General Education:AA/AS Area V(b); CSU Area D; IGETC Area 4
  • C-ID:C-ID ECON 202
  • Catalog Date:August 1, 2022

This course is a graphical and functional analysis of the economy as a whole. It focuses on the economy's well-being, problems, and possible solutions. Major topics include: market demand and supply; macroeconomic sectors, goals, and problems (unemployment, inflation, business cycles, and deficits); the economy's output and price level; aggregate demand, aggregate supply, and equilibrium; and macroeconomic policies (fiscal and monetary) aimed at solving problems and stabilizing the economy. Related topics such as international trade, international finance, and economic growth are also discussed. Coursework includes solving algebraic equations and graphing straight and curvilinear lines as taught in Intermediate Algebra.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

  • analyze and apply the basic macroeconomic principles and concepts.
  • evaluate how prices and production levels (output) are determined in markets.
  • analyze how the economy works using supply and demand analysis.
  • interpret why macroeconomic problems occur.
  • evaluate government policies designed to deal with macroeconomic problems.

ECON 304 Principles of Microeconomics

  • Units:3
  • Hours:54 hours LEC
  • Prerequisite:MATH 120 with a grade of "C" or better, or placement through the assessment process.; or one full year of High School Algebra II with grades of "C" or better in each semester.
  • Transferable:CSU; UC
  • General Education:AA/AS Area V(b); CSU Area D; IGETC Area 4
  • C-ID:C-ID ECON 201
  • Catalog Date:August 1, 2022

This course is a graphical and functional analysis of the units (sectors) making up the economy. The focus is on the sectors’ choices and interactions, microeconomic goals (efficiency and equity), problems, and solutions. Major topics include basic principles of economics; basic economic analyses; demand, supply, and equilibrium in a market; markets and applications; costs and production; product and resources markets; and microeconomic problems (externalities, public goods, and income inequality). Time permitting, related topics such as international trade and health economics may also be discussed. Coursework includes doing arithmetic problems, solving algebraic equations, and graphing straight and curvilinear lines.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

  • analyze and apply the basic microeconomic principles and concepts.
  • examine how prices and production levels (output) vary in different markets.
  • analyze how different sectors in the economy interact with one another.
  • interpret why microeconomic problems occur.
  • evaluate government policies designed to deal with microeconomic problems.

ECON 307 Global Issues in the Political Economy

  • Units:3
  • Hours:54 hours LEC
  • Prerequisite:None.
  • Transferable:CSU; UC
  • General Education:AA/AS Area V(b); AA/AS Area VI
  • Catalog Date:August 1, 2022

This course introduces students to the global issues including the origins, current status, and future trends of major issues confronting the global economy. Topics will include economic, political, and environmental issues including population trends, economic development, issues migration, inequality, basic human needs (for food, water, health care), and human rights. Additional emphasis will be placed on global responsibility, economic power, international conflict, security concerns, environmental problems, globalization, politics, foreign relations, trade policies, and international politics.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

  • evaluate the different world economies and the impact of globalization.
  • identify major recurring and emerging global issues.
  • examine and analyze specific global problems of international or regional nature, and consider possible approaches solutions from an international perspective.
  • evaluate the different economic philosophies, models, and policies countries take to provide solutions to resolve global issues.
  • analyze the interconnections between and among global issues.
  • compare and evaluate the efficacy of national, regional, and international efforts to solve the problems associated with global issues.

ECON 310 Statistics for Business and Economics

  • Units:3
  • Hours:54 hours LEC
  • Prerequisite:MATH 333 with a grade of "C" or better, or placement through the assessment process.
  • Transferable:CSU; UC
  • General Education:AA/AS Area II(b)
  • Catalog Date:August 1, 2022

This course focuses on statistical concepts commonly used in economics, business, and other behavioral sciences. It covers the collection, organization, presentation, analysis, and interpretation of numerical data. Major topics include organizing and describing data using graphs, tables, and charts; calculating and interpreting descriptive statistics including measures of central tendency and measures of dispersion; probability and sampling distributions; statistical inference; correlation and linear regression; analysis of variance, chi-square and t-tests. Computer software and/or hand calculations will be used in this course to calculate, organize, and display statistical information. Results generated either by hand calculation, the use of computer software, articles or textbook examples will be used to analyze and interpret statistical findings.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

  • define statistical terms.
  • organize and present data as it relates to a variety of topics such as tax, income, unemployment and inflation.
  • calculate and analyze descriptive statistics.
  • conduct and interpret hypothesis tests including Type I and Type II errors; formulate hypothesis tests involving samples from one or two populations; select the appropriate technique for testing a hypothesis and interpret the results.
  • identify basic relationships of probability.
  • use linear regression and Analysis of Variance (ANOVA) for estimation and inference, and interpret the associated statistics.
  • apply appropriate statistical techniques to analyze and interpret applications based on data from disciplines including business and social sciences.

ECON 320 Concepts in Personal Finance

  • Same As:BUS 320
  • Units:3
  • Hours:54 hours LEC
  • Prerequisite:None.
  • Transferable:CSU; UC
  • General Education:AA/AS Area V(b); AA/AS Area III(b)
  • Catalog Date:August 1, 2022

This course is designed to assist individuals in analyzing their financial affairs. Elements and conceptual basis of financial planning, analysis, and decision making in areas of budgeting, taxes, borrowing, money management, insurance, investments, and retirement will be examined with an emphasis on principles to develop students' economic decision making. Students will be using mathematical concepts as well as reading and interpreting written and oral instructions. This course is not open to students who have received credit for BUS 320.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

  • evaluate economic needs and goals and design financial models to achieve them.
  • analyze the changing economic environment.
  • apply economic principles and concepts of individual economic planning.
  • analyze the conceptual basis of various economic tools available to the individual as well as the terminology used in their development and implementation.

ECON 495 Independent Studies in Economics

  • Units:1 - 3
  • Hours:54 - 162 hours LAB
  • Prerequisite:None.
  • Catalog Date:August 1, 2022

ECON 499 Experimental Offering in Economics

  • Units:0.5 - 4
  • Prerequisite:None.
  • Transferable:CSU
  • Catalog Date:August 1, 2022

This is the experimental courses description.


Business and Management

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This program is part of the Business and Management meta-major.

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Liberal Arts and Social Sciences

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This program is part of the Liberal Arts and Social Sciences meta-major.

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