COURSES OFFERED

Economics 5
Fundamentals of Economics

3 units; 3 hours lecture
Recommended Preparation: eligibility for English 1A
Credit, degree applicable
Transfer CSU, UC*

In this course students are introduced to the study of how a market economy solves the problem that the scarcity of resources and goods imposes on a society. Supply and demand concepts, the effects of controls on the economy, unemployment and inflation, and the principles of international trade and finance are also discussed.

Note: Students will not receive UC credit for Economics 5 if taken after Economics 1 or 2.

Economics 1
Principles of Economics:  Macroeconomics

3 units; 3 hours lecture
Prerequisite: Mathematics 73 or 80 with a minimum grade of C or qualification by testing (El Camino College Mathematics
Placement Test) and assessment
Recommended Preparation: Economics 5; eligibility for English 1A
Credit, degree applicable
Transfer CSU, UC

This course introduces students to the principles that explain the operation of the national economy.  Topics to be analyzed include consumption of products, exchange, aggregate output, the money supply, national income, price level, economic growth, international trade, international finance, and macroeconomic policies.

Note: Economics or Business majors should consult with a counselor to determine which intermediate algebra course is appropriate for the major.

Economics 2
Principles of Economics:  Microeconomics Theory

3 units; 3 hours lecture
Prerequisite: Economics 1 with a minimum grade of C
Credit, degree applicable
Transfer CSU, UC

This course focuses on the development of the fundamental laws of supply and demand.  The principles that govern the operation of the market economy using microeconomic theory will be examined.  In particular, emphasis will be placed on decision making by individual consumers and firms, and how the allocation of goods and resources are determined in both competitive and monopolistic markets.

Economics 50
Special Topics in Economics

Units determined by individual course;
Lecture/lab hours determined by individual course
Credit status determined by individual course

This course is designed to explore topics in Economics more specific than provided in other courses in the regular departmental curriculum.  Students are referred to the current schedule of classes for details of specific courses.

Economics 99abc
Independent Study

1-3 units; hours to be arranged
Enrollment Limitation: Economics 1 and 2 with a minimum grade of B in each
and acknowledgment by the instructor with whom the student will work
Credit, degree applicable
Transfer CSU, UC - limitations apply

This course provides advanced studies in a subject field of Economics not covered in the regular departmental offerings. Regular conferences will be held with the instructor to discuss and coordinate assigned projects (60 hours per unit).

Note: Refer to page 11 of this Catalog for eligibility requirements.

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