Academic Catalog 2024-2025

ECO - Economics

ECO 1000  Survey of Economics (GE)  (3 Units)  

A survey of economics including both macroeconomics and microeconomics for non-majors. A general understanding of economic systems, markets, exchange, consumer and producer behavior, resource efficiency, the role of government, money and banking, economic stabilization, economic opportunity, income inequality and the global economy, with primary focus on economic problems and applications to global, national and personal issues.

Letter grade.  
Prerequisite(s): MTH 0099 or equivalent.  
(GELO1D)  
ECO 1001  Principles of Macroeconomics (GE)  (3 Units)  

This course provides an understanding of fundamental principles governing production, distribution, and exchange of wealth with emphasis on current economic problems, for business majors. Topics include national income determination, fiscal policy, monetary policy, economic stabilization policy, international linkages, balance of payment issues, exchange rate determination and international trade.

Letter grade.  
Prerequisite(s): MTH 0099 or equivalent.  
(GELO1D)  
ECO 1002  Principles of Microeconomics (GE)  (3 Units)  

This course provides fundamental principles governing production, distribution, and exchange of wealth with emphasis on current economic problems, for business majors. Topics include consumer choice theory, decision-making of firms based on costs and revenues, income determination and distribution, market structures, market failures, the economic role of government, and globalization.

Letter grade.  
Prerequisite(s): MTH 0099 or equivalent.  
(GELO1D)  
ECO 3015  Theories of Economic Development  (3 Units)  

A globally focused course exploring economic development in-depth and considering how the poorest half of the world's population lives. Topics include population growth, healthcare and education services, political organizations, agricultural challenges, business, finance, and core economic theories from historic and modern eras. The topics are considered at different levels, including the family, community, national, regional, and global levels. Considerations of poverty and poverty alleviation approaches are investigated for effectiveness and potential application.

Letter grade.  
Prerequisite(s): ECO 1001 and ECO 1002 or consent of instructor.  
ECO 3080  Money and Banking  (3 Units)  

This course provides an understanding of the financial system, monetary policy, financial institutions, central banks and financial stability. Topics include an analysis of banking and monetary theory, the function and impact of money, credit, and banking on the economic system, government fiscal policies, and how interest rates are determined.

Letter grade.  
Prerequisite(s): ECO 1001  
ECO 4040  The Economics of Race, Class, and Gender  (WS)  (3 Units)  

A study of economic issues pertaining to race, class and gender, including economic status, poverty and inequality. Factors influencing economic status and opportunity, such as culture, family composition, education, work, labor market discrimination, economic value, and macroeconomic variables are considered. Alternative perspectives on causes of poverty and inequality are examined, and feminist economic thought is discussed.

Letter grade.  
Prerequisite(s): ECO 1000 or ECO 1001 or ECO 1002 or consent of instructor.  
ECO 4070  Contemporary Development Planning  (3 Units)  

This course explores the role of development planning in a Global South context. Topics include consideration of historic approaches to development planning, the United Nations' Sustainable Development Goals, current market-driven, innovative approaches to alleviate poverty, and ways businesses and nonprofits can support the involvement and voices of people at the localized, grass-roots level for planning purposes. The effectiveness of different strategies and approaches to development planning policies and programs are also explored.

Letter grade.  
Prerequisite(s): ECO 1001 and ECO 1002  
ECO 4090  Special Studies in Economics  (3 Units)  

Study in a special topic to be determined by the school. Open to Juniors and Seniors only.

May be repeated for a maximum of six (6) units. Letter grade.  
Prerequisite(s): Consent of instructor.  
ECO 4091  Independent Studies in Economics  (3 Units)  

An intensive study of a selected topic under the direction of an instructor. Qualified students as well as the proposal for study must be approved by the departmental instructor(s) and the school dean. Course is open to upper-division students.

May be repeated for a maximum of six (6) units. Letter grade.  
Prerequisite(s): Consent of instructor.