Recommended for Success: Before enrolling in this course, students are strongly advised to satisfactory complete MATH 70
Introduction to macroeconomic theory in the context of a managed market economy. Covers basic concepts in economic, particularly those relating to macroeconomics. Concepts include scarcity, trade-offs, and opportunity costs. The role of government in the macroeconomy is defined and evaluated. Discusses business cycles, fiscal and monetary policy, international trade and finance. Lecture. (A-F or P/NP)
Transfer:CSU,UC (CAN ECON 2) (CC ECON 10) General Education: (MJC-GE:B) (CSU-GE:D2) (IGETC:4)
Recommended for Success: Satisfactory completion of High School algebra or MATH 70
An introductory course focusing on individual economic units. Topics include scarcity, opportunity costs, comparative advantage, supply, demand, elasticity, cost theory, price and output determination under various market structures and factor markets. Related topics such as international trade, public choice, income distribution, externalities and government regulation may be included. Lecture.
Transfer:CSU, UC (CAN ECON 4) (CC ECON 11) General Education: (MJC-GE:B) (CSU-GE:D2) (IGETC:4)
Recommended for Success: Satisfactory completion of ENGL 101
ALSO OFFERED AS HIST 115
Analysis of origins and development of business, labor and agriculture from the colonial period to the present. Emphasis on the federal government's part in the development and regulation of business, labor and agriculture; the government's role in the national economic process. Lecture
Transfer:CSU, UC General Education: (MJC-GE:B) (CSU-GE:D2,D6) (IGETC:4)
