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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.

1698   8:00a-9:20a MW   HSS 156   Abdel-Rahman A A

Above section 1698 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.

1699   8:00a-11:05a F   HSS 263   Gill H S

1700   9:30a-10:50a MW   HSS 153   Garcia C P

1701   9:30a-10:50a TTh   HSS 263   Chan A K-C

1702   11:15a-12:35p MW   HSS 153   Garcia C P

1703   11:30a-2:35p F   HSS 263   Gill H S

1704   3:45p-5:05p TTh   HSS 263   Chan A K-C

1705   Arrange-6.5 Hours    ONLINE-E   Gill H S

Above section 1705 meets for 8 weeks, Apr 15 to Jun 07, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1706   Arrange-4.5 Hours    ONLINE-E   Garcia C P

Above section 1706 meets for 13 weeks, Mar 04 to May 31, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1707   Arrange-6.5 Hours    ONLINE-E   Gill H S

Above section 1707 meets for 8 weeks, Apr 15 to Jun 07, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1708   Arrange-6.5 Hours    ONLINE-E   Brown B C

Above section 1708 meets for 8 weeks, Feb 11 to Apr 05, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

NEW 3091   Arrange-6.5 Hours    ONLINE-E   Su B C

Above section 3091 meets for 8 weeks, Apr 15 to Jun 07, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1709   Arrange-4.5 Hours    ONLINE-E   Garcia C P

Above section 1709 meets for 13 weeks, Mar 04 to May 31, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

4139   6:45p-9:50p M   HSS 263   Carter T D

NEW 4466   6:45p-9:50p W   HSS 152   Abdel-Rahman A A

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.

1710   9:30a-10:50a MW   MC 1   Gill H S

1711   9:30a-10:50a TTh   HSS 153   Garcia C P

1712   11:15a-12:35p MW   MC 1   Gill H S

1713   12:45p-2:05p TTh   HSS 105   Chan A K-C

1714   2:15p-3:35p TTh   HSS 105   Chan A K-C

NEW 3099   3:45p-5:05p MW   HSS 263   Abdel-Rahman A A

NEW 3092   Arrange-6.5 Hours    ONLINE-E   Su B C

Above section 3092 meets for 8 weeks, Feb 11 to April 05, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1715   Arrange-4.5 Hours    ONLINE-E   Garcia C P

Above section 1715 meets for 13 weeks, Mar 04 to May 31, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1716   Arrange-3 Hours    ONLINE-E   Keskinel M

Above section 1716 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1717   Arrange-4.5 Hours    ONLINE-E   Garcia C P

Above section 1717 meets for 13 weeks, Mar 04 to May 31, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1718   Arrange-6.5 Hours    ONLINE-E   Brown B C

Above section 1718 meets for 8 weeks, Apr 15 to Jun 07, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1719   Arrange-6.5 Hours    ONLINE-E   Brown B C

Above section 1719 meets for 8 weeks, Apr 15 to Jun 07, and is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1720   Arrange-3 Hours    ONLINE-E   Keskinel M

Above section 1720 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

4140   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.

1721   12:45p-2:05p TTh   HSS 263   Rabach E R

1722   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.

1723   9:30a-10:50a MW   HSS 263   Rabach E R

1724   11:15a-12:35p MW   HSS 263   Rabach E R

4141   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.

1725   Arrange-1 Hour    HSS 354   Schultz C K

ECON 88B, Independent Studies in Economics    2 units

Transfer: CSU

Please see “Independent Studies” section.

1726   Arrange-2 Hours    HSS 354   Schultz C K

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