Economics

Economics is central to many issues facing us today—job creation, wage determination, health-care reform, future of social security, economic prosperity, and environmental sustainability-all require knowledge of economics. Economics, often called the "science of choice," analyzes how individuals, households, firms, and governments interact. Understanding those interactions is a distinctive feature of economics as a discipline and explains why so many everyday issues have an important economic dimension.

Degrees:

• AA-T - Economics

Economics Courses

ECON 1 - Principles of Microeconomics

3 units

Economic analysis of market systems, price theory, including supply and demand analysis, marginal utility, elasticity, cost and revenue concepts, perfect and imperfect competition, international trade theory, pricing of the factors of production, poverty and income inequalities. Prerequisite: MATH 55 with a minimum grade of C or MATH 55B with a minimum grade of C and ENG 104 with a minimum grade of C. 54 hours lecture. AA/AS GE. Transfer: CSU, UC; CSU GE: D2; IGETC: 4B; C-ID# ECON 201.

• Degree Applicable, Credit
• Grading Option: OP

ECON 2 - Principles of Macroeconomics

3 units

Economic analysis of the theory of income determination, including national income analysis, business cycles, the consumption function, the multiplier, fiscal policy, monetary policy, money and banking, the public debt, economic growth and development, comparative economic systems and international trade. Prerequisite: MATH 55 with a minimum grade of C or MATH 55B with a minimum grade of C and ENG 104 with a minimum grade of C. 54 hours lecture. AA/AS GE. Transfer: CSU, UC; CSU GE: D2; IGETC: 4B; C-ID# ECON 202.

• Degree Applicable, Credit
• Grading Option: OP

ECON 5 - Economic History of the United States

3 units

Origins and historical development of major economics forces, institutions and philosophies that have shaped the U.S. market economy. 54 hours lecture. AA/AS GE. Transfer: CSU, UC; CSU GE: D2; IGETC: 4B.

• Degree Applicable, Credit
• Grading Option: OP

ECON 10 - General Economics

3 units

Survey of the economic system of the United States, covering such macroeconomic and microeconomic topics as supply and demand, firms’ output and pricing decisions, international trade, comparative economic systems, economic growth, business cycles, fiscal and monetary policy, labor, money and banking. 54 hours lecture. AA/AS GE. Transfer: CSU, UC*; CSU GE: D2; IGETC: 4B. * No UC credit if taken after ECON 1 or 2.

• Degree Applicable, Credit
• Grading Option: OP