2012-2013 CATALOG

This is an archived copy of the 2012-2013 catalog. To access the most recent version of the catalog, please visit http://catalog.miracosta.edu

Economics

Economics is the science that examines the production, distribution, and consumption of goods and services as well as the theory and management of economies and economic systems. Students take economics courses to prepare for a major or to fulfill general education requirements. With a bachelor's degree, students have career options in banking, business, management, finance, insurance, real estate, marketing, law, politics, government, journalism, health care, and education.

Contact Information

Department Chair: Herschel Stern

Dean: Carlos Lopez

www.miracosta.edu/ECON

Department: Social Science

Office: Building OC3100, 760.795.6871

Full-Time Faculty

Shafin Ali

How to Read Course Descriptions

Courses listed in this catalog apply to the fall 2012, spring 2013, and summer 2013 terms. Courses are numbered numerically within alphabetically arranged subject areas.

The bolded first line begins with a capitalized abbreviation that designates the subject area. This subject-area designator is followed by the official course number and a descriptive title. The next lines indicate the course's unit value, prerequisites, corequisites, advisories, repeatability rules, enrollment limitations, UC/CSU credit acceptance, and lecture and lab hours followed by a Taxonomy of Program number in parentheses.

Prerequisites: This is a requirement that must be met before a student can enroll in the course.
Corequisites: This is a course the student must take in the same semester.
Advisories: This is recommended preparation the student is advised but not required to have before or in conjunction with the course.
Repeatability Rules: When a course belongs to a group of related courses, students can complete one course or a combination of courses within the group for a maximum of four completions.
Enrollment Limitations: Some courses place limitations on enrollment. These limitations prevent students from duplicating course work or from enrolling in two sections of the same course in any given semester.
Acceptable for Credit: CSU means the course is accepted for transfer at any California State University (CSU) campus; UC means it is accepted for transfer at any University of California (UC) campus. Some courses can be used to satisfy general education or major requirements while others transfer as elective credit. UC Credit Limitation means credit for the course may have UC transfer restrictions; these restrictions are identified at the end of the course description.
Lecture and Lab Hours: These are the number of hours the course meets for lecture and/or lab per week.
Taxonomy of Program (TOP) Number: The TOP number is identified in parentheses after the lecture and lab hours. This number serves an administrative purpose and is not intended for student use.

The course description summarizes the purpose and key topical areas of the course, and it includes special requirements if any exist. Some course descriptions end with information about whether the course was "formerly" another course, how many times the course may be repeated, if the course is offered pass/no pass, or what the UC credit limitation is.

How to Read Course Descriptions

Courses

ECON 100: Survey of Economics

Units: 3
Prerequisites: None
Acceptable for Credit: CSU, UC Credit limitation
Lecture 3 hours. (2204.00)

This course provides a non-technical introduction to economics. Designed for the non-major, it shows the application of basic economic principles to contemporary social issues and public policy. UC CREDIT LIMITATION: No credit if taken after ECON 101 or ECON 102.

ECON 101: Principles of Economics: MACRO

Units: 3
Prerequisites: MATH 64 or qualification through the Math Competency Exam or approved equivalent.
Acceptable for Credit: CSU, UC
Lecture 3 hours. (2204.00)

This course introduces the science of economics as applied to the aggregate economy. It emphasizes national income determination, money and banking, monetary and fiscal policies, international economic relationships, and issues associated with economic growth.

ECON 102: Principles of Economics: MICRO

Units: 3
Prerequisites: MATH 64 or qualification through the Math Competency Exam or approved equivalent.
Acceptable for Credit: CSU, UC
Lecture 3 hours. (2204.00)

This introductory course focuses on choices of individual economic units. Topics include scarcity, opportunity costs, comparative advantage, supply, demand, elasticity, cost theory, and price and output determination under various market structures and factor markets.

ECON 292: Internship Studies

Units: 0.5-3
Prerequisites: None
Corequisite: Complete 75 hrs paid or 60 hrs non-paid work per unit.
Enrollment Limitation: Instructor, dept chair, and Career Center approval. May not enroll in any combination of cooperative work experience and/or internship studies concurrently.
Acceptable for Credit: CSU

This course provides students the opportunity to apply the theories and techniques of their discipline in an internship position in a professional setting under the instruction of a faculty-mentor and site supervisor. It introduces students to aspects of the roles and responsibilities of professionals employed in the field of study. Topics include goal-setting, employability skills development, and examination of the world of work as it relates to the student's career plans. Students must develop new learning objectives and/or intern at a new site upon each repetition. Students may not earn more than 16 units in any combination of cooperative work experience (general or occupational) and/or internship studies during community college attendance.

ECON 298: Directed Study in Economics

Units: 1-3
Prerequisites: None
Enrollment Limitation: Instructor and department chair approval and successful completion of 12 units of college work with at least a 3.0 grade-point average.
Repeatability Rule: May be taken for a total of 3 units.
Acceptable for Credit: CSU
Laboratory 3 hours
Laboratory 6 hours
Laboratory 9 hours. (2204.00)

This course allows students to pursue a special area of interest in order to achieve specific goals beyond the scope of existing courses within the discipline. Students work independently and interact directly with an instructor on an individual basis and as prescribed by the Directed Study Agreement.