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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.

1094   10:15a-12:20p MTWTh   HSS 263   Ganley I D

1095   Arrange-9 Hours    ONLINE-E   Garcia C P

Above section 1095 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1096   Arrange-9 Hours    ONLINE-E   Brown B C

Above section 1096 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1356   Arrange-9 Hours    ONLINE-E   Keskinel M

Above section 1356 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.

1097   12:30p-2:35p MTWTh   HSS 165   Abdel-Rahman A A

1098   Arrange-9 Hours    ONLINE-E   Keskinel M

Above section 1098 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1099   Arrange-9 Hours    ONLINE-E   Su B C

Above section 1099 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

1100   Arrange-9 Hours    ONLINE-E   Garcia C P

Above section 1100 is a Distance Education course conducted over the Internet. For additional information, go to smconline.org (schedule of classes).

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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.