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Economics

ECON 1, Principles of Microeconomics   3 units

Transfer: UC, CSU • IGETC AREA 4B (Social & Behavioral Sciences) • Prerequisite: None. • Skills Advisory: Eligibility for English 1.

This course introduces students to the supply and demand model, the concept of elasticity, productivity, cost structures, and alternative market structures. Within the Supply and Demand framework, the class studies the impact of government intervention on equilibrium price and quantity and on consumer and producer surplus. Additionally, students are introduced to the following market structures: Perfect Competition, Monopoly, Monopolistic Competition, and Oligopoly. These alternative market structures are evaluated in terms of their implications for prices, efficiency, and the role of the government.

1193   8:00a-10:05a MTWTh   HSS 263   Abdel-Rahman A A

1194   10:15a-12:20p MTWTh   MC 11   Keskinel M

Above section 1194 is part of the Scholars Program and enrollment is limited to program participants. See www.smc.edu/scholars for additional information.

1195   10:15a-12:20p MTWTh   HSS 263   Chan A K-C

1196   Arrange-9 Hours    ONLINE-E   Garcia C P

Above section 1196 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1197   Arrange-9 Hours    ONLINE-E   Gill H S

Above section 1197 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1198   Arrange-9 Hours    ONLINE-E   Gill H S

Above section 1198 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

ECON 2, Principles of Macroeconomics   3 units

Transfer: UC, CSU • IGETC AREA 4B (Social & Behavioral Sciences) • Prerequisite: None. • Skills Advisory: Eligibility for English 1.

This course introduces students to measurement of economic aggregates, economic models, and economic policy. Measures of economic aggregates include: GDP, the unemployment rate, the GDP Deflator, and the Consumer Price Index. The Great Depression is used as an introduction to macroeconomic policy. The course covers the tools of fiscal and monetary policy and their impact on aggregate demand, prices, income and interest rates. Additionally, the course introduces students to following models: Classical, Keynesian, Monetarist, and Supply Side with their corresponding policy implications and recommendations.

1199   8:00a-10:05a MTWTh   MC 11   Keskinel M

Above section 1199 is part of the Scholars Program and enrollment is limited to program participants. See www.smc.edu/scholars for additional information.

1200   10:15a-12:20p MTWTh   HSS 155   Rabach E R

1201   12:30p-2:35p MTWTh   HSS 155   Rabach E R

1202   12:30p-2:35p MTWTh   HSS 263   Chan A K-C

1203   Arrange-9 Hours    ONLINE-E   Garcia C P

Above section 1203 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1204   Arrange-9 Hours    ONLINE-E   Brown B C

Above section 1204 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

NEW 1637   Arrange-6.5 Hours    ONLINE-E   Su B C

Above section 1637 meets for 8 weeks, Jun 18 to Aug 10, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

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