ࡱ> HJGa bjbj D4AbAb 8,L1`d 1"1"1"1"1"1"1$M36^F1F1[1QQQv 1Q 1QQ|.0x{X /: 1q101Z/a6ma6,00a60QF1F1Q1a6 B b:  GROSSMONT COLLEGE Official Course Outline ECONOMICS 110 - ECONOMIC ISSUES AND POLICIES listnum "WP List 1" \l 1 Course Number Course Title Semester Units Semester Hours ECON 110 Economic Issues 3 3 hours lecture: 48-54 hours and Policies 96-108 outside-of-class hours 144-162 total hours listnum "WP List 1" \l 1 Course Prerequisites None. Corequisite None. Recommended Preparation None. listnum "WP List 1" \l 1 Catalog Description An introduction to fundamental economic concepts as applied to real-world issues. Topics may include environmental protection, disaster relief, national debt, health care, crime, income inequality, poverty, and financial bubbles. Analysis of government policy and contrasting economic perspectives will also be addressed. 4. Course Objectives The student will: listnum "WP List 1" \l 2 Develop an economic vocabulary that will enable him/her to better understand the newspaper and various economic-oriented publications. listnum "WP List 1" \l 2 Differentiate between the economic fact and fallacy in our conventional wisdom. listnum "WP List 1" \l 2 Appraise the political-economic pronouncements of the major political parties and candidates with the view of becoming a more intelligent informed voter. listnum "WP List 1" \l 2 Analyze the macro- and microeconomic systems of the United States. listnum "WP List 1" \l 2 Compare the economic system of the United States with alternative economic systems. 5. Instructional Facilities a. Standard classroom. b. Overhead projector, screen and occasional use of videotape and film equipment. 6. Special Materials Required of Student None. 7. Course Content a. Overview of micro-and macroeconomic concepts as it relates to economic issues and politics. b. Analysis of current economic issues and development of technical analytical tools appropriate for the traditional two-semester economic principles sequence. 8. Method of Instruction Lecture and group discussion. ECONOMICS 110 - ECONOMIC ISSUES AND POLICIES Page 2 9. Methods of Evaluating Student Performance Some combination of the following methods: a. Objective exams. b. Essay exams. c. Term projects or papers. d. Written final exam. 10. Outside Class Assignments a. Reading assignments from textbook. b. Reading and viewing news reports on current economic issues. c. Written assignments regarding current economic issues such as GDP growth trend, unemployment figures, inflation rates, international trade issues, competitive trends and pricing, environmental problems, government regulation issues. 11. Texts Required Text(s): (1) Bonello, Frank. Taking Sides: Economic Issues. New York, NY: McGraw Hill Publishing, 2011. (2) Guell, Robert. Issues in Economics Today. New York, NY: McGraw Hill Publishing, 2011. (3) Levitt, Steven. SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance. New York, NY: William Morrow Paperbacks, 2011. b. Supplementary texts and workbooks: None Addendum: Student Learning Outcomes Upon completion of this course, our students will be able to do the following: Explain the discipline of economics and its relationship to other social sciences. Explain the economic perspective; in particular, how human behavior can be analyzed through costs & benefits, marginal thought, and incentives. Illustrate the role of the market system in answering the three fundamental economic questions of what, how, and for whom to produce. Compare and contrast alternative economic systems that exist to answer these questions. Explain the incentives of the consumer and firm and their relationship to voluntary exchange in markets. Analyze the macroeconomy, including such indicators asGDP, the Price level, and the unemployment rate. Analyze the various fiscal and monetary mechanisms available to promote stability to an inherently unstable economy. 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