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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.

Economics

Economics is the study of how society allocates scarce resources. The goal is to understand the decisions of businesses and consumers as well as the implications and causes of contemporary economic issues by developing a systematic and thorough understanding of precisely how economic systems operate. Courses in the discipline of economics study the structure of markets and economies, the relationship between regions within the global economy, and strive to convey how economists reason and how they analyze models and compare model implications to observations.

Some of the courses listed in this section are accompanied by Supplemental Instruction. Supplemental Instruction (SI) is an academic assistance program that utilizes free peer-assisted weekly study sessions to help students learn the most difficult course content. For more information, please see the SI website at smc.edu/si.

ECON 1, Principles of Microeconomics 3 units

Transfer: UC, CSU C-ID: ECON 201. IGETC AREA 4 (Social & Behavioral Sciences) Prerequisite: None. Skills Advisory: MATH 31 or MATH 49 and Eligibility for English 1.

This course introduces students to the supply and demand model, the concept of elasticity, productivity and cost structures. Within the Supply and Demand framework, the class studies the impact of government intervention on markets. The class evaluates alternative market structures in terms of prices, efficiency, and the role of the government.

Students may take Econ 1 and Econ 2 in any order, or even at the same time.

Course Number:1265 Time:8 a.m.-10:05 a.m. MTWTh Location:HSS 156 Instructor:Lee Sam Above section 1265 is part of the Scholars Program and enrollment is limited to program participants. See Special Programs section of class schedule or smc.edu/scholars for additional information.

Course Number:1266 Time:12:30 p.m.-2:35 p.m. MTWTh Location:HSS 154 Instructor:Abdel-Rahman A A

Course Number:1267 Time:Arrange-9 Hours Location:ONLINE Instructor:Brown B C Above section 1267 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1268 Time:Arrange-9 Hours Location:ONLINE Instructor:Garcia C P Above section 1268 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1269 Time:Arrange-9 Hours Location:ONLINE Instructor:Garcia C P Above section 1269 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1270 Time:Arrange-9 Hours Location:ONLINE Instructor:Brown B C Above section 1270 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1271 Time:Arrange-9 Hours Location:ONLINE Instructor:Keskinel M Above section 1271 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1272 Time:Arrange-9 Hours Location:ONLINE Instructor:Keskinel M Above section 1272 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

NewCourse Number:1717 Time:Arrange-9 Hours Location:ONLINE Instructor:Gurtovoy J Above section 1717 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

ECON 2, Principles of Macroeconomics 3 units

Transfer: UC, CSU C-ID: ECON 202. IGETC AREA 4 (Social & Behavioral Sciences) Prerequisite: None. Skills Advisory: MATH 31 or MATH 49 and 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.

Students may take Econ 1 and Econ 2 in any order, or even at the same time.

Course Number:1273 Time:10:15 a.m.-12:20 p.m. MTWTh Location:HSS 156 Instructor:Lee Sam Above section 1273 is part of the Scholars Program and enrollment is limited to program participants. See Special Programs section of class schedule or smc.edu/scholars for additional information.

Course Number:1274 Time:12:30 p.m.-2:35 p.m. MTWTh Location:HSS 151 Instructor:Saxton J

Course Number:1275 Time:Arrange-9 Hours Location:ONLINE Instructor:Su B C Above section 1275 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1276 Time:Arrange-9 Hours Location:ONLINE Instructor:Su B C Above section 1276 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1277 Time:Arrange-9 Hours Location:ONLINE Instructor:Gurtovoy J Above section 1277 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1278 Time:Arrange-9 Hours Location:ONLINE Instructor:Marschall B A Above section 1278 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1279 Time:Arrange-9 Hours Location:ONLINE Instructor:Battista C Above section 1279 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

Course Number:1280 Time:Arrange-9 Hours Location:ONLINE Instructor:Battista C Above section 1280 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

NewCourse Number:1718 Time:Arrange-9 Hours Location:ONLINE Instructor:Marschall B A Above section 1718 is a Distance Education course conducted over the Internet. For additional information, go to smc.edu/OnlineEd.

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