Course Title: Introduction to Economics
Title Abbreviation: INTRO TO ECONOMICS
Department: ECON
Course #: 101
Credits: 5
Variable: No
IUs: 5
CIP: 450601
EPC: n/a
REV: 2018
Course Description
Introduction to basic principles of macro and micro economics for the non-major. Areas covered include supply and demand, the determination of equilibrium prices and quantities, types of production costs, economic growth, unemployment, fiscal policy and monetary policy.
Prerequisite
Prerequisite: Appropriate placement or grade of 2.0 or higher in ENGL 099.
Contact Hours (based on 11 week quarter)
Lecture: 55
Lab: 0
Other: 0
Systems: 0
Clinical: 0
Intent: Distribution Requirement(s) Status:
Academic Social Sciences
Equivalencies At Other Institutions
Learning Outcomes
After completing this course, the student will be able to:
General Education Learning Values & Outcomes
Revised August 2008 and affects outlines for 2008 year 1 and later.
1. Information Literacy
Definition: Recognizing when information is needed and have the ability to locate, evaluate, and use effectively the needed information.
Outcomes: Students will be able to . . . 1.1 Determine the extent of information needed.
2. Critical Thinking
Definition: The ability to think critically about the nature of knowledge within a discipline and about the ways in which that knowledge is constructed and validated and to be sensitive to the ways these processes often vary among disciplines.
Outcomes: Students will be able to . . . 2.1 Identify and express concepts, terms, and facts related to a specific discipline. 2.3 Identify, interpret, and evaluate pertinent data and previous experience to reach conclusions. 2.4 Evaluate decisions by analyzing outcomes and the impact of actions. 2.9 Apply and/or create problem-solving strategies to successfully adapt to unpredictable and/or changing environments.
6. Individual Awareness & Responsibility
Definition: Understanding, managing, and taking responsibility for one’s learning and behavior in varied and changing environments.
Outcomes: Students will be able to . . . 6.1 Identify ethical and healthy choices and apply these personally, socially, academically, and professionally.
8. Mathematical Reasoning
Definition: Understanding and applying concepts of mathematics and logical reasoning in a variety of contexts, both academic and non-academic.
Outcomes: Students will be able to . . . 8.1 Analyze problems to determine what mathematical principles apply. 8.2 Correctly apply logical reasoning and mathematical principles to solve problems. 8.3 Interpret information and reasoning expressed mathematically (for example in spreadsheets, diagrams, charts, formulas, etc.). 8.4 Communicate mathematical information effectively.
Course Contents