Intro to Economics

Course Description

Overview of basic macroeconomic and micro-economic principles to help students understand how individuals, firms, and government make economic choices. The course discusses the concepts of equilibrium, national income accounting, inflation, unemployment, business cycle, monetary and fiscal policies, the industrial organization, international trade and international finance.

Learning Outcomes

  • Explain the interaction of supply and demand in individual markets and how equilibrium price and quantity are determined.
  • Explain the role of the private and the public sectors in our economy and the increasing importance of globalization.
  • Explain the basic concepts of national income accounting.
  • Describe and differentiate the classical, Keynesian and supply-side policy approaches toward achieving sustained economic growth.
  • Discuss how price and output are determined in various types of market including the perfect competition, monopoly and oligopoly.
  • Recognize how resource prices are determined with particular reference to the labor market.
  • Discuss the basis for international trade, free trade and protection.
  • Identify the fundamentals of exchange rate determination.

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Study when and where it’s convenient for you with evening, weekend, and 100% online classes.

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Apply or transfer any time. Classes start monthly, and applications are accepted year round.

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Attend class onsite at one of over 20 campus locations across California or in Nevada.

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School of Business and Management

“Our business and management programs equip students with the knowledge and tools needed to lead their organizations and stay competitive in the job marketplace.”
School of Business and Management
Asya W.
Class of 2009