Course Catalog Information (24-25)
ECON 1
Principles of Macroeconomics
Course Description
An introduction to macroeconomics focusing on aggregate economic analysis. Topics covered will include market systems, aggregate measures of economic activity including national income accounting, macroeconomic equilibrium, money and the banking system, money and the price level, classical macro theory, Keynesian macro theory, monetary and fiscal policy,international trade and economic growth.
Student Learning Outcomes
- Demonstrate how choices are made in the real world given limited resources.
- Demonstrate a basic understanding of the workings of the US Economy and its institutions in a Global Context.
- Critique existing economic theories about Business Cycles in light of historical and current economic perspectives.
- Evaluate fiscal and monetary policy responses to macroeconomic instabilities such as unemployment, inflation and economic growth.
Course Details
- Units
- 4 Units
- Hours
- Weekly Lecture Hours: 4
- Weekly Lab Hours: 0
- Gen Ed
- General Education Class
- Program Status
- Program Applicable
- Credit
- Credit - Degree Applicable
- Transferability
- Transferable to both UC and CSU
- Grading Method
- Letter Grading
Requisite and Advisory
- Prerequisite(s)
- Elementary algebra or equivalent or higher, or appropriate placement beyond elementary algebra
- Advisory(ies)
- EWRT 1A or EWRT 1AH or ESL 5
- Intermediate algebra or equivalent or higher, or appropriate placement beyond intermediate algebra
- Corequisite(s)
Limitations on Enrollment and Entrance Skills
- Limitation(s) on Enrollment
- Not open to students with credit in the Honors Program related course.