Course Title: Micro Economics
Title Abbreviation: MICRO ECONOMICS
Department: ECON&
Course #: 201
Credits: 5
Variable: No
IUs: 5
CIP: 450601
EPC: n/a
REV: 2018
Course Description
A comprehensive introduction to the functions of the market system including allocation of scarce resources, production of goods and services, determination of prices, output and profit maximization in competitive and monopolistic markets. Required for business majors planning to transfer to 4 year business programs.
Prerequisite
Prerequisite: Completed ENGL& 101 with a grade of 2.0 or higher. MATH placement into MATH 99 or 2.0 or higher in MATH 98.
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.
0. Application and Integration
Definition: Applying information from one or more disciplines and/or field experiences in new contexts (Outcome 0.1); developing integrated approaches or responses to personal, academic, professional, and social issues (Outcomes 0.2-0.5).
Outcomes: Students will be able to . . . 0.3 Identify and evaluate the relationships among different perspectives within a field of study and among different fields of study.
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 . . . 1.4 Evaluate issues (for example economic, legal, historic, social) surrounding the use of information.
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. 2.2 Analyze issues and develop questions within a 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.
3. Communication
Definition: Understanding and producing effective written, spoken, visual, and non-verbal communication.
Outcomes: Students will be able to . . . 3.1 Recognize, read, and comprehend academic and/or professional writing.
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 . . . 8.2 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
