Course Description
Introduction to the functioning of markets. Theory of the determination of output
and prices for markets under competitive and noncompetitive conditions. Analysis of
firms’ costs and revenues. Government tax and regulatory policies in response to imperfect
competition and market failures. Current economic topics such as international trade
and labor markets.
Units: 3
Degree Credit
Letter Grade Only
- Lecture hours/semester: 48-54
- Homework hours/semester: 96-108
Prerequisites: MATH 110 or MATH 190 or equivalent.
Corequisites: None
Recommended: Eligibility for ENGL 100 or ENGL 105, or equivalent.
AA/AS Degree Requirements: Area 9D1
Transfer Credit:
CSU
(CSU GE Area D), UC (IGETC Area 4)
C-ID: ECON 201