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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.

1766   8:00a-11:05a F   HSS 263   Gill H S

1767   9:30a-10:50a MW   HSS 153   Garcia C P

1768   9:30a-10:50a TTh   HSS 263   Chan A K-C

1769   11:15a-12:35p MW   HSS 153   Garcia C P

1770   11:30a-2:35p F   HSS 263   Gill H S

1771   12:45p-2:05p MW   HSS 152   Abdel-Rahman A A

Above section 1771 is part of the Scholars Program and enrollment is limited to program participants. See Special Programs section of class schedule or www.smc.edu/scholars for additional information.

1772   12:45p-2:05p TTh   HSS 105   Chan A K-C

1773   3:45p-5:05p MW   HSS 152   Abdel-Rahman A A

1774   Arrange-4.5 Hours    ONLINE-E   Garcia C P

Above section 1774 meets for 12 weeks, Sep 16 to Dec 06, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1775   Arrange-4.5 Hours    ONLINE-E   Garcia C P

Above section 1775 meets for 12 weeks, Sep 16 to Dec 06, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1776   Arrange-6.5 Hours    ONLINE-E   Gill H S

Above section 1776 meets for 8 weeks, Oct 21 to Dec 13, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1777   Arrange-6.5 Hours    ONLINE-E   Gill H S

Above section 1777 meets for 8 weeks, Oct 21 to Dec 13, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1778   Arrange-6.5 Hours    ONLINE-E   Brown B C

Above section 1778 meets for 8 weeks, Aug 26 to Oct 18, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1779   Arrange-6.5 Hours    ONLINE-E   Su B C

Above section 1779 meets for 8 weeks, Oct 21 to Dec 13, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1780   Arrange-3 Hours    ONLINE-E   Keskinel M

Above section 1780 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

4160   6:45p-9:50p M   HSS 263   Carter T D

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.

1781   9:30a-10:50a MW   MC 1   Gill H S

1782   9:30a-10:50a TTh   HSS 153   Garcia C P

1783   11:15a-12:35p MW   MC 1   Gill H S

1784   2:15p-3:35p MW   HSS 152   Abdel-Rahman A A

Above section 1784 is part of the Scholars Program and enrollment is limited to program participants. See Special Programs section of class schedule or www.smc.edu/scholars for additional information.

1785   2:15p-3:35p TTh   HSS 105   Chan A K-C

1786   3:45p-5:05p TTh   HSS 263   Chan A K-C

1787   Arrange-6.5 Hours    ONLINE-E   Brown B C

Above section 1787 meets for 8 weeks, Oct 21 to Dec 13, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1788   Arrange-4.5 Hours    ONLINE-E   Garcia C P

Above section 1788 meets for 12 weeks, Sep 16 to Dec 06, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1789   Arrange-4.5 Hours    ONLINE-E   Garcia C P

Above section 1789 meets for 12 weeks, Sep 16 to Dec 06, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1790   Arrange-6.5 Hours    ONLINE-E   Brown B C

Above section 1790 meets for 8 weeks, Oct 21 to Dec 13, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1791   Arrange-3 Hours    ONLINE-E   Keskinel M

Above section 1791 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1792   Arrange-6.5 Hours    ONLINE-E   Su B C

Above section 1792 meets for 8 weeks, Aug 26 to Oct 18, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1793   Arrange-6.5 Hours    ONLINE-E   Su B C

Above section 1793 meets for 8 weeks, Aug 26 to Oct 18, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1794   Arrange-3 Hours    ONLINE-E   Keskinel M

Above section 1794 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

4163   6:45p-9:50p W   HSS 263   Carter T D

ECON 5, International Political Economy: Introduction to Global Studies    3 units

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

This course satisfies the Santa Monica College Global Citizenship requirement.

This course offers an interdisciplinary introduction to the fields of Global Studies and International Political Economy. Students will analyze critically the role of national governments, international organizations, nongovernmental organizations, and multinational corporations, in regard to phenomena such as, international markets and production regimes, monetary and trade policy, international and global conflict, and environmental degradation. Contending theoretical and ideological perspectives regarding international systems, processes, and trends will be applied and evaluated.

Economics 5 is the same course as Political Science 5 and Global Studies 5. Students may earn credit for one, but not both.

1795   11:15a-12:35p MW   HSS 155   Berman Dianne R

1796   12:45p-2:05p TTh   HSS 263   Rabach E R

1797   2:15p-3:35p TTh   HSS 263   Rabach E R

ECON 15, Economic History of the U.S.    3 units

Transfer: UC, CSU • IGETC AREA 4 (Social & Behavioral Sciences) OR 3B (Humanities) + satisfies CSU U.S. History graduation requirement • Prerequisite: None. • Skills Advisory: Eligibility for English 1.

This course offers a chronological study of American economic history by major areas including agriculture, industrial development, money, banking, and transportation. The roles of business, labor, and government are given a particular emphasis.

Economics 15 is the same course as History 15. Students may earn credit for one, but not both.

1798   9:30a-10:50a MW   HSS 263   Rabach E R

1799   11:15a-12:35p MW   HSS 263   Rabach E R

4164   6:45p-9:50p Th   HSS 252   Moore D W

ECON 88A, Independent Studies in Economics    1 unit

Transfer: CSU

Please see “Independent Studies” section.

1800   Arrange-1 Hour    HSS 354   Schultz C K

ECON 88B, Independent Studies in Economics    2 units

Transfer: CSU

Please see “Independent Studies” section.

1801   Arrange-2 Hours    HSS 354   Schultz C K

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IMPORTANT! Many SMC classes require the use of a computer with Internet access to reach class resources and/or to complete assignments and/or take exams. To locate a computer lab on campus go to www.smc.edu/acadcomp and click on the “Labs” link.