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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.

1279   10:15a-12:20p MTWTh   HSS 165   Chan A K-C

1127   Arrange-9 Hours    ONLINE-E   Su B C

Above section 1127 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1128   Arrange-9 Hours    ONLINE-E   Garcia C P

Above section 1128 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.

NEW 1306   8:00a-10:05a MTWTh   HSS 263   Abdel-Rahman A A

1130   Arrange-9 Hours    ONLINE-E   Su B C

Above section 1130 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1131   Arrange-9 Hours    ONLINE-E   Garcia C P

Above section 1131 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

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